Tag Archives: hearing

FILE PHOTO: A 3D-printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration BRUSSELS (Reuters) – Alphabet unit Google will seek to overturn a record 4.34-billion-euro ($5.15 billion) EU antitrust fine at a five-day hearing in September at Europe’s second-highest court, people familiar with the matter said. The European Commission in its 2018 decision said Google had used its popular Android mobile operating system to thwart rivals, an… Source link

Alphabet Inc.’s Google and Amazon.com Inc. defended their smart-speaker businesses as U.S. senators warned the grip the companies have over the market could harm competition and consumer privacy. Republicans and Democrats at a hearing Tuesday raised concerns about what they said were anticompetitive practices such as selling devices below cost and promoting their own services over those of competitors on their platforms. Senator Amy Klobuchar, the Minnesota… Source link

Executives from Alphabet’s Google (GOOGL.O) and Amazon.com (AMZN.O) head the list of witnesses for a hearing before the Senate Judiciary Committee’s antitrust subcommittee next week, along with an executive from speaker maker Sonos Inc (SONO.O), which has been critical of the two tech giants. Ryan McCrate, an associate general counsel, will speak for Amazon while public policy specialist Wilson White will testify for Google, said Senators Amy Klobuchar, chair of the panel, and Mike Lee, the… Source link

In a lengthy Senate hearing, the app makers said Apple and Google’s rules surrounding in-app payments and app updates allow the tech giants to choke off rival services, and that they engage in retaliation when app developers refuse to comply. The occasionally tense showdown highlighted how antitrust scrutiny of Apple is ramping up after more than a year of similar focus on its peers such as Amazon, Facebook and Google. And lawmakers were clear that the hearing would serve as a springboard… Source link

WASHINGTON—Lawmakers and mobile app companies took aim at Apple Inc. and Alphabet Inc.’s Google in a hearing Wednesday focused on competition concerns about the companies’ power over their smartphone ecosystems. The hearing marked an escalation of lawmakers’ antitrust scrutiny on smartphone makers, and particularly Apple. Google already has been sued by federal and state authorities… Source link

A 3D printed Google logo is placed on the Apple Macbook in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration/ Senior executives with Alphabet’s (GOOGL.O) Google and Apple (AAPL.O) will testify on Wednesday about antitrust concerns related to their app stores along with executives of three companies which rely on those online stores, the leaders of the Senate Judiciary Committee’s antitrust panel said on Monday. The hearing will include Google Government Affairs Senior… Source link

(Bloomberg) — Google will send a top policy executive to testify at Wednesday’s Senate app store antitrust hearing, while legal executives from Spotify Technology SA, Tile and Match Group Inc. will serve as witnesses, according to people with knowledge of the matter. Google Senior Director of Government Affairs and Public Policy Wilson White will be the search giant’s representative, joining Apple Chief Compliance Officer Kyle Andeer in the spotlight. The Senate Judiciary Committee’s… Source link

Google will send a top policy executive to testify at Wednesday’s Senate app store antitrust hearing, while legal executives from Spotify Technology SA, Tile and Match Group Inc. will serve as witnesses, according to people with knowledge of the matter. Google Senior Director of Government Affairs and Public Policy Wilson White will be the search giant’s representative, joining Apple Chief Compliance Officer Kyle Andeer in the spotlight. The Senate Judiciary Committee’s Subcommittee on… Source link

After it looked like Apple might no-show, the company has committed to sending a representative to a Senate antitrust hearing on app store competition later this month. Last week, Senators Amy Klobuchar (D-MN) and Mike Lee (R-UT) put public pressure on the company to attend the hearing, which will be held by the Senate Judiciary Subcommittee on Competition Policy, Antitrust, and Consumer Rights. Klobuchar chairs that subcommittee and has turned her focus toward antitrust worries about… Source link

TipRanks The Dip in These 3 Stocks Is a ‘Buying Opportunity,’ Say Analysts The investing game is rarely plain sailing. While no doubt investors would like the choices that make up their portfolio to always go up, the reality is more complicated. There are periods when even shares of the world’s most successful companies have been on a downward trajectory for one reason or another. While it’s no fun watching a stock you own drift to the bottom, any savvy investor knows that if the… Source link