It might be surprising to learn the government fights against monopolies the same way now as it did in the late 19th century – partly because the laws haven’t needed to change all that much.
In today’s newsletter: US rules Google has a monopoly in search, but not search ads; Nvidia’s unreleased AI has been scraping online video from YouTube, Netflix and others; and streaming app Max debuts a new personalized home page.
Netflix explores building its own ad server. Also: Tech companies continue trying to influence the legal definition of privacy.
Assistant Attorney General Jonathan Kanter, who leads the Department of Justice Antitrust Division, is pressing a tougher interpretation of American antitrust law to meet the requirements of a new digital economy. “We have all seen that in digital markets, monopolies self-sustain,” he said.
Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here. No Compromise For Google Google’s reported offer to US regulators as a bid to avoid an antitrust suit was to spin off part of its ad business. But that news apparently landed with a thud. The Department of Justice is poised to move […]
Lawmakers and enforcement authorities on both sides of the aisle and across the globe agree it’s time to rewrite the rules that regulate competition for a new internet age. Just last week, the EU passed sweeping antitrust legislation in the form of the Digital Markets Act, and the DOJ is backing a bipartisan antitrust bill currently wending its way through congress.
If there’s one thing lawmakers from both sides of the aisle seem able to agree on, it’s the need to rein in Big Tech. Bipartisan support for taking Big Tech down a peg was evident during Jonathan Kanter’s nomination hearing before the Senate Judiciary Committee on Wednesday. (The same bipartisan vibe was also on display […]
