Antitrust regulation

FILE — In this Aug. 20, 2020 file photo, Connecticut Attorney General William Tong speaks to the media during a watch party for the Democratic National Convention, at Dunkin' Donuts Park, in Hartford, Conn. Connecticut authorities are investigating whether Amazon's e-book deals with certain publishers are anticompetitive and violate antitrust laws, state Attorney General William Tong said Thursday, Jan. 14, 2021. (AP Photo/Jessica Hill, File)
January 14, 2021 - 1:02 pm
HARTFORD, Conn. (AP) — Connecticut authorities are investigating whether Amazon's e-book deals with certain publishers are anticompetitive and violate antitrust laws, state Attorney General William Tong said Thursday. Tong released only a few details of the probe. He said the state attorney general...
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FILE - In this April 4, 2019, file photo, NCAA President Mark Emmert answers questions during a news conference at the Final Four college basketball tournament in Minneapolis. The NCAA is set to delay a potential landmark vote on legislation that would permit college athletes to be compensated for their fame for the first time after the association received a warning from the Department of Justice about potential antitrust violations. NCAA President Mark Emmert on Saturday, Jan. 9, 2020, emailed a letter to Makan Delrahim, assistant attorney general of the DOJ's antitrust division, saying he strongly recommended putting off votes on new name, image and likeness rules by two key legislative bodies that had been scheduled for next week. (AP Photo/Matt York, File)
January 12, 2021 - 2:17 pm
NCAA President Mark Emmert expressed frustration Tuesday with the delay in moving ahead with proposals surrounding athletes' ability to make money and to freely transfer to another school and said he remains committed to getting those things done in 2021. Emmert's remarks came during his state of...
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FILE - In this May 15, 2019, file photo, founder of Alibaba group Jack Ma arrives for the Tech for Good summit in Paris. Ma hasn't been seen in public since he angered regulators with an October 2020 speech. That is prompting speculation about what might happen to the billionaire founder of the world's biggest e-commerce company. (AP Photo/Thibault Camus, File)
January 05, 2021 - 5:09 am
BEIJING (AP) — China’s best-known entrepreneur, e-commerce billionaire Jack Ma, made his fortune by taking big risks. The former English teacher founded Alibaba Group in 1999, when China had few internet users. Online payments service Alipay launched five years later, before regulators said such...
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FILE - In this Oct. 26, 2020, file photo, a view of the signage of Ant Group in the headquarters compound of the fintech giant in Hangzhou in eastern China's Zhejiang province. The People’s Bank of China, the country’s central bank, summoned Ant executives on Saturday, Dec. 26, 2020, and ordered them to formulate a rectification plan and an implementation timetable of its business, including its credit, insurance and wealth management services, the regulators said in a statement Sunday, Dec. 27, 2020.(Chinatopix Via AP, File)
December 27, 2020 - 7:50 pm
HONG KONG (AP) — Chinese regulators have ordered Ant Group, the world’s largest financial technology company, to rectify its businesses and comply with regulatory requirements amid increased scrutiny of anti-monopoly practices in the country’s internet sector. The People’s Bank of China, the...
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A security guard mans a checkpoint into the Alibaba Group headquarters in Hangzhou in eastern China's Zhejiang province on Friday, May 27, 2016. Chinese regulators on Thursday, Dec. 24, 2020 announced an anti-monopoly investigation of e-commerce giant Alibaba Group, stepping up official efforts to tighten control over China's fast-growing tech industries. (AP Photo/Ng Han Guan)
December 24, 2020 - 5:47 am
BEIJING (AP) — Chinese regulators on Thursday announced an anti-monopoly investigation of e-commerce giant Alibaba Group, stepping up the ruling Communist Party’s efforts to control fast-growing tech industries. President Xi Jinping’s government worries about the dominance of competitors such as...
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FILE - Pedestrians pass the New York Stock Exchange, Friday, Oct. 2, 2020, in New York. Stocks are ticking higher on Wall Street Wednesday, Dec. 23, following a mixed set of reports on the economy. (AP Photo/John Minchillo)
December 23, 2020 - 11:26 pm
Asian shares were mostly higher on Thursday after stocks eked out small gains on Wall Street following a mixed set of reports on the economy. Benchmarks rose in Tokyo, Hong Kong and Sydney. Stocks fell in Shanghai after China’s market regulator said it has launched an anti-monopoly investigation of...
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FILE - In this Oct. 12, 2018, file photo, Chairman of Alibaba Group Jack Ma speaks during a seminar in Bali, Indonesia. China’s market regulator will increase scrutiny and regulation around the community group buying industry in China, summoning some of its largest tech companies involved to discuss the matter as it looks to eradicate anti-monopoly practices in the industry. In a statement on Tuesday, Dec. 23, 2020, China’s State Administration for Market Regulation said it had held a meeting with six internet platform companies, including e-commerce firms Alibaba, JD.com and Pinduoduo, to discuss the regulation of community group buying. (AP Photo/Firdia Lisnawati, File)
December 23, 2020 - 10:33 am
HONG KONG (AP) — China is ramping up its scrutiny of the practice of community group buying, summoning some of the nation's largest tech companies for discussions as part of an anti-monopoly push. Community group buying allows groups of people living in the same town or region to buy groceries and...
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CORRECTS TO A GROUP OF 35 STATES AS WELL AS THE DISTRICT OF COLUMBIA AND TERRITORIES OF GUAM AND PUERTO RICO FILED, INSTEAD OF 38 STATES FILE - This Oct. 20, 2015, file photo, shows signage outside Google headquarters in Mountain View, Calif. A group of 35 states as well as the District of Columbia and the territories of Guam and Puerto Rico filed an anti-trust lawsuit against Google on Thursday, Dec. 17, 2020, alleging that the search giant has an illegal monopoly over the online search market that hurts consumers and advertisers. The lawsuit, announced by Colorado Attorney General Phil Weiser, was filed in federal court in Washington, D.C. by states represented by bipartisan attorneys general. (AP Photo/Marcio Jose Sanchez, File)
December 17, 2020 - 8:01 pm
DENVER (AP) — Dozens of more states are joining an escalating effort to prove Google has been methodically abusing its power as the internet's main gateway in a way that hurts consumers habitually feeding personal information into its search engine and advertisers pouring billions of dollars into...
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Workers wearing masks stand near a promotional booth for Tencent video in Beijing on Nov. 11, 2020. China's market regulator on Monday, Dec. 14, 2020 said it fined Alibaba Group and a Tencent Holdings-backed company for failing to seek approval before proceeding with some acquisitions. It also is launching a review of a merger of two online streaming platforms in the latest tightening of controls over the internet sector. (AP Photo/Ng Han Guan)
December 14, 2020 - 6:23 am
HONG KONG (AP) — China’s market regulator on Monday said it fined Alibaba Group and a Tencent Holdings-backed company for failing to seek approval before proceeding with some acquisitions. It also is launching a review of a merger of two online streaming platforms in the latest tightening of...
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FILE - In this July 29, 2020, file photo, Facebook CEO Mark Zuckerberg speaks via video conference during a House Judiciary subcommittee hearing on antitrust on Capitol Hill in Washington. Federal regulators asked Wednesday, Dec. 9, 2020, for Facebook to be ordered to divest its Instagram and WhatsApp messaging services as the U.S. government and 48 states and districts accused the company of abusing its market power in social networking to crush smaller competitors. The antitrust lawsuits were announced by the Federal Trade Commission and New York Attorney General Letitia James. (Graeme Jennings/Washington Examiner via AP, Pool, File)
December 10, 2020 - 12:00 am
WASHINGTON (AP) — The giant tech companies whose services are woven into the fabric of social life are now the targets of a widening assault by government competition enforcers. Regulators filed landmark antitrust lawsuits Wednesday against Facebook, the second major government offensive this year...
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