Congress just signaled that the era of Big Tech acquisitions is over

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For decades, tech giants have swallowed up startups with minimal government interference. This week’s antitrust hearings suggest that could change. The CEOs of Amazon, Apple, Facebook, and Google testified in front of the House Judiciary’s antitrust committee Wednesday, and it quickly became apparent that this was a very different affair than past tech hearings . Read Full Story

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That guy yelling during the antitrust hearing this week? Google funds him

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In the antitrust hearing this week, Rep. Jim Jordan hectored Google CEO Sundar Pichai about rigging search results to help Democrats and hurt conservatives. Who would have known that Jordan is Pichai’s beneficiary? When the House Judiciary’s antitrust subcommittee hosted the big tech CEOs earlier this week, the hearing veered off into chaos several times. Each time it was caused by the hysterics of the GOP’s resident attack dog, Jim Jordan of Ohio. Read Full Story

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How Slack could reshape the entire Big Tech antitrust debate in the U.S.

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The outcome of Slack’s antitrust action against Microsoft and Teams may send shock waves through antitrust probes against Big Tech in the United States. The House Judiciary Committee may now wish it had invited Microsoft CEO Satya Nadella to join Apple’s Tim Cook, Amazon’s Jeff Bezos, Facebook’s Mark Zuckerberg, and Google’s Sundar Pichai at its upcoming hearing on antitrust . Microsoft, after all, was the defendant in perhaps the biggest antitrust case against a tech company in the last half-century, during the “ browser wars ” of the 1990s and 2000s. And now the company may be set to relive the whole thing after Slack complained to the European Commission about how Microsoft markets its Teams collaboration product. Read Full Story

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Big Tech no longer sees its customers as humans–antitrust could change that

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Tech giants like Amazon and Facebook have lost sight of the people behind the data points. Antitrust regulation may be the best way to return empathy to tech. Big Tech CEOs—Amazon’s Jeff Bezos, Apple’s Tim Cook, Sundar Pichai of Google, and Facebook’s Mark Zuckerberg—testified yesterday before the U.S. House Judiciary antitrust subcommittee. I don’t expect much to result from this hearing. Such gatherings are largely theatrical, and yesterday’s was frequently derailed by partisan questions around liberal biases. And then there’s the fact that U.S. antitrust efforts are only a shadow of their former self, narrowly focused on consumer pricing rather than general competitive and societal impact and a far cry from the time of the Standard Oil Company, U.S. Steel Corporation, and AT&T breakups. Read Full Story

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Tim Cook would like to remind you that Apple does not dominate any of its markets

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Tim Cook of Apple and Mark Zuckerberg of Facebook were among the tech CEOs who downplayed their market dominance in front of Congress today. Wednesday’s Congressional antitrust hearing convened the CEOs of four tech-industry titans: Apple, Amazon, Google, and Facebook. And during their testimonies, each CEO was firmly committed to downplaying the size of his respective corporate behemoth. Read Full Story

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Which Big Tech CEO hurt his brand most during the antitrust hearing? The definitive ranking

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This largely ceremonial wrist-slapping of the leaders of Google, Amazon, Facebook, and Apple was also an exercise in the ties between CEO and brand image. On Wednesday, Apple CEO Tim Cook, Alphabet CEO Sundar Pichai, Facebook CEO Mark Zuckerberg, and Amazon CEO Jeff Bezos all testified before Congress, as lawmakers investigate if and how these companies stifle competition and harm consumers. Read Full Story

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Zuck, Bezos, Cook: Who takes the fall in D.C.’s antitrust games?

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Last week’s hearing was more circus than bread, but America’s tech titans have reason to worry. Somebody is going down. The only question is who—and when. You could see it in their eyes as they testified before Congress. Jeff Bezos staring at Tim Cook. Cook staring at Sundar Pichai. Pichai staring at Mark Zuckerberg. Zuck going off script to throw everyone else under the bus . They were all thinking the same exact thing: I don’t have to outrun the bear. I just have to outrun you. Read Full Story

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Amy Klobuchar: Breaking up Facebook ‘has to be on the table’

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The Minnesota senator is tackling antitrust issues with a new law and a new book: “We’ve got to look at everything when it comes to putting rules in for tech.” Antitrust may become Senator Amy Klobuchar’s signature issue, and if things go right, the pinnacle achievement of her years in Congress. Not only does she now have the chair of the powerful Senate Judiciary antitrust committee, but she has a book called Antitrust coming out in the spring. Read Full Story

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