monopoly

Tue
03
Aug
John Lister's picture

Phone, Gadget Repair 'Rules' to be Enforced by FTC

The Federal Trade Commission (FTC) has voted unanimously to enforce "right to repair" laws. The rules should make it harder for manufacturers to maintain monopolies over fixing gadgets such as phones. The FTC follows an executive order from the ... President that covered economic competition issues in general but included a specific reference to smartphones. (Source: theverge.com ) The moves aim to tackle companies such as phone makers which either block or restrict third-party companies or device buyers from carrying out repairs. This involves a range of tactics such as refusing to supply ... (view more)

Mon
05
Jul
John Lister's picture

Judge: Facebook Not a Monopoly; Stock Skyrockets

A judge has thrown out two complaints from federal and state government that claimed Facebook broke competition laws. After the ruling, Facebook's market value rose to more than a trillion dollars. The first case was brought by the Federal Trade ... Commission (FTC), which said Facebook not only had a monopoly but had unfairly maintained it. The FTC said the monopoly was in the market of "personal social networking services" and that it's unfair actions included using technology to block interoperability between Facebook and other services. (Source: courtlistener.com ) Instagram Buyout Questioned ... (view more)

Thu
17
Sep
John Lister's picture

Google Offers Ultra Fast 2Gpbs Broadband

Google is doubling the top speed of its Fiber broadband service to 2Gbps, though it will cost $100 a month. It also says the speed will be available through its 'wireless' service for businesses. The original idea for Google Fiber - at least ... according to the company - was to use its buying power and technology to offer an alternative high-speed service in areas which either had no serious broadband available or were served only by a single company that exploited its monopoly. The problem is that while the service itself has had good reviews, Google doesn't offer it in many places. Only a ... (view more)

Wed
23
Dec
Dennis Faas's picture

FTC Targets Intel with Antitrust Claims

The Federal Trade Commission (FTC) has recently filed a lawsuit against Intel Corporation, alleging that the computer chip manufacturer waged a systematic campaign to shut out its rivals by cutting off their access to the marketplace. In doing so, ... the FTC believes that Intel deprived consumers of choice and innovation, and that Intel's anti-competitive tactics were designed to stop competitive products that threatened its monopoly in the CPU (Central Processing Unit) microchip market. (Source: ftc.gov ) Success at the Expense of Consumers According to the FTC complaint, Intel's strategy ... (view more)

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