Epic Games put the billions of dollars it’s raked in from its hit Fortnite video game to some use, provoking Apple and Google to kick its title from their respective platforms, then blitzing them with a pair of lawsuits and an online video mocking the two tech giants. And in doing so, Epic drew the …
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Russia’s competition regulator on Monday found that Apple abused its power over iOS apps because iPhone and iPad owners must install them from Apple’s App Store. It comes weeks after Apple CEO Tim Cook defended the company’s policies in a US congressional hearing. The Federal Antimonopoly Service investigated Apple’s control of apps after Russian antivirus software maker Kaspersky filed a …
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Amazon appears to be facing even more antitrust troubles. New York Attorney General Letitia James is joining the investigations into Amazon’s market power, according to Bloomberg. The publication said Monday that James’ office is partnering with California’s attorney general and the Federal Trade Commission on their investigations into the e-commerce giant. The news comes after Amazon CEO and founder Jeff …
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Slack filed an antitrust lawsuit against Microsoft in the European Union on Wednesday. The workplace messaging company said Microsoft linking its Teams collaboration software to its Office programs violates competition law. Microsoft forces people using Office to install Teams, stops them from removing it and won’t let the software work with some of its rivals’ programs, Slack alleged. It wants …
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The CEOs of US tech giants Apple, Google, Facebook and Amazon are set to appear at an antitrust hearing on July 27. The news came from Rep. David Cicilline, as reported by Recode and confirmed by the House of Representatives Judiciary Committee on July 6. Apple’s Tim Cook, Facebook’s Mark Zuckerberg, Alphabet’s Sundar Pichai and Amazon’s Jeff Bezos will all testify. …
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Within the course of a single day, Apple has found itself the subject of two new EU antitrust probes. Europe’s Competition Commission announced on Tuesday that it is opening dual investigations into Apple Pay and the App Store. The App Store investigation was triggered by a complaint from Spotify over a year ago tied to the high fees Apple charges …
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Satellite TV provider Dish Network ended up being the savior for the T-Mobile Sprint merger. Just when it seemed that regulators would reject the $26.5 billion marriage, Dish swooped in and made a deal last summer brokered by the Department of Justice that would make it a fourth national carrier to replace Sprint. As part of the agreement, Dish is …
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California won’t appeal a US District Court decision allowing the $26.5 billion merger between T-Mobile and Sprint, state Attorney General Xavier Becerra said Wednesday after reaching a settlement with T-Mobile. The state of California, which was leading the fight to stop the merger, was the last big holdout in getting the merger finalized. Last month, a US district judge in …
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It could have been worse. That’s the consensus for Sprint’s earnings for the fourth quarter of calendar 2019, in which the beleaguered carrier lost fewer wireless customers than expected. The company said it lost 115,000 postpaid phone subscribers during the quarter, which ended Dec 31. Analysts had expected it to lose 160,000 subscribers, according to a report from Reuters, citing …
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States suing to stop the $26 billion merger between T-Mobile and Sprint urged a federal judge not to defer to the Department of Justice when considering whether the merger is legal. The Trump administration’s DOJ gave the deal a green light earlier this year, but states say the merger is anticompetitive and will harm consumers. In late December, the DOJ, …
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