Articles by Nandita Bose and Diane Bartz

House Antitrust Panel Blasts Big 4 Internet Firms for Abuses; Seeks Reforms, Separations

A U.S. House of Representatives panel looking into abuses of market power by four big technology companies found they used “killer acquisitions” to smite rivals, charged exorbitant fees and forced small businesses into “oppressive” contracts in the name of profit. …

California Scrutinizing Amazon’s Treatment of Workers During Coronavirus Outbreak

California’s attorney general and state and local agencies are investigating whether Amazon.com Inc. has taken adequate steps to protect its workers from the coronavirus pandemic, according to a court filing on Monday. Attorney General Xavier Becerra’s office, California’s Division of …

Supreme Court to Hear Federal Trade Commission’s Appeal Over Ill-Gotten Gains

The U.S. Supreme Court agreed on Thursday to decide whether the Federal Trade Commission can continue to require scam artists and firms that engaged in deceptive business practices to return money improperly obtained from consumers. The justices will hear the …

States’ Lawsuit Accuses 26 Drugmakers of Price Fixing of Generic Drugs

Twenty-six drug manufacturers were sued on Wednesday by the attorneys general of most U.S. states and several territories, which accused them of conspiring to reduce competition and drive up generic drug prices. The lawsuit accused Novartis’ Sandoz unit, Teva Pharmaceuticals’ …

Senators Seek to Address Privacy Concerns Over Tech Firms’ Covid-19 Contact Tracing

A group of Republican U.S. senators said Thursday they would introduce legislation to address consumer privacy concerns surrounding technology companies’ efforts to help build contact tracing apps to fight the new coronavirus outbreak. Senator Roger Wicker, who chairs the Commerce …

Senate Democrats’ Bill Would Establish Consumer Rights Over Internet Data, Privacy

Democratic senators proposed legislation on Tuesday that would set penalties for online companies like Alphabet Inc.’s Google and Facebook Inc. if they mishandle users’ personal data. The measure comes at a time when the luster of the Big Tech platforms, …

Microsoft Vows to Honor California’s Consumer Privacy Law Countrywide

Microsoft Corp. said in a blog post on Monday that it would honor California’s privacy law throughout the United States, expanding the impact of a strict set of rules meant to protect consumers and their data. Microsoft said in the …

California Probing Facebook, Says Social Media Company Stonewalling

California revealed for the first time an 18-month investigation into Facebook Inc.’s privacy practices and accused the social media giant on Wednesday of hampering the probe by failing to turn over emails from Chief Executive Mark Zuckerberg. The revelation is …

Judge Nixes Antitrust Concerns, Allows CVS Purchase of Aetna

A federal judge reviewing a Justice Department decision to allow U.S. pharmacy chain and benefits manager CVS Health Corp. to merge with health insurer Aetna said on Wednesday that the agreement was in fact legal under antitrust law. Judge Richard …

Facebook Facing $5 Billion FTC Fine Over Cambridge Analytica Data Sharing

The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc this week over its investigation into the social media company’s handling of user data, a source familiar with the situation said on Friday. The FTC has …