NextGen Competition @NxtGenComp
Protecting competition in emerging technologies while holding #BigTech accountable! #ai #videogames #metaverse #streaming #privacy nextgencomp.tech Washington, DC Joined November 2022-
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The @CMAgovUK continues to lead. We fully support their efforts to investigate @Microsoft's pseudo-acquisition of @OpenAI. reuters.com/technology/uk-…
When China says jump, Apple asks how high. They'll ban messaging apps used by human rights activists because the CCP says "national security." Yet, TikTok, which bipartisan members of Congress say is a threat, remains on the App Store. 🤔 nytimes.com/2024/04/18/tec…
While Congress debates legislation that may force the sale of TikTok, it must consider whether the move solves a problem or creates a new one. Could @Microsoft make a play for the social media app? Read our latest to find out: nextgencomp.tech/research/if-ch…
Schmidt’s financial ties underscore a more significant issue. Those in charge of creating policies to regulate Big Tech are often the same individuals who stand to benefit financially from its success. wired.com/story/eric-sch…
We are disappointed in @EU_Competition's decision not to probe Microsoft’s $13 billion “partnership” with OpenAI. The decision is especially perplexing as evidence mounts that OpenAI functions as a de facto subsidiary. nextgencomp.tech/statements/dis…
We were honored to sign on to this important letter. @Apple has used its dominance to impede competition. Forcing supply chains overseas and all but eliminating competition. It's far past time for regulators to investigate.
We were honored to sign on to this important letter. @Apple has used its dominance to impede competition. Forcing supply chains overseas and all but eliminating competition. It's far past time for regulators to investigate.
NEW: Today, Economic Liberties and a broad coalition of allies sent a letter to @JusticeATR calling for an investigation of Apple’s anticompetitive exlcusive dealings with TSMC. As seen in @politico Morning Tech.👇
NEW: Today, RDP and @fightfortheftr released a report on the financial ties, revolving door moves, and other conflicts of interest between congressional appropriators (and their staff) and monopolistic corporations, including Big Tech. ‼️ therevolvingdoorproject.org/new-report-con…
Bravo, @kaylatausche!
It’s time to stop Apple’s monopolistic behavior. That’s why we're launching USvApple.org to rally behind the Department of Justice in its recent #antitrust lawsuit against Apple and expose the threats Apple poses to a fair, competitive, innovative economy.
"Amazon is now able to get away with harming its customers." @linakhanFTC on the FTC's antitrust lawsuit against Amazon
Big Tech invests the money and the startup immediately turns around and give it back to big tech to pay for cloud storage. In any other industry, we'd liken this to money laundering. For Big Tech, it's simply another Tuesday. wsj.com/tech/ai/amazon…
Lina Khan 🤝 Jon Stewart. Spot. On.
.@linakhanFTC gets it right in a new op-ed via @ForeignPolicy. Here's the bottom line: In the United States, we bet on competition, and that made all the difference. A few highlights we wanted to share found here:
.@linakhanFTC gets it right in a new op-ed via @ForeignPolicy. Here's the bottom line: In the United States, we bet on competition, and that made all the difference. A few highlights we wanted to share found here:
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13K Followers 83 Following CEO of Activision Blizzard and Founder of the Call of Duty EndowmentLina Khan 🤝 Jon Stewart. Spot. On.
We are joined on the letter by 23 ally organizations including @Public_Citizen @econliberties @Tech_Oversight @openmarkets @mainstreetweets @BoldProgressive @ilsr @OurRevolution @PresenteOrg @NxtGenComp @revolvingdoorDC. The full letter: s3.us-east-1.amazonaws.com/demandprogress…
Apple's ties to China are akin to being knee deep in subprime mortgages in 2003.
🚨BIG: @JusticeATR and 16 State AGs announce a HUGE antitrust suit against Apple's abuses of monopoly power in the smartphone market. “Consumers should not have to pay higher prices because companies break the law,” says @TheJusticeDept's Merrick Garland.
Fantastic report out of the @FTC finding that during the pandemic, big grocery companies exploited supply chain disruptions to crowd out smaller retailers and boosted their profits -- profits that are still high even as supply chain snarls have eased. ftc.gov/system/files/f…
@CRAdvocacy applauds the Justice Department’s action against Apple today. It is critical that the U.S. join regulators and competition authorities worldwide to make Apple change the way it does business. Apple has been an outlier in its willingness to make changes to products…
Yes. 💯. Today's news is Apple but there has been so much work on drug costs, groceries, rent, privacy, noncompetes, junk fees, hearing aids, mergers in airlines / book publishing / drug development, PE rollups, etc. etc. etc.
The antitrust side of the Biden admin. is one of the under-the-radar elements in the 2024 campaign. It came through in parts of the SOTU. Broadly these efforts are part of the battle for the working voter who sees corporate America with growing skepticism, esp tech giants...
This was great. Thanks to Deputy AAG Hetal Doshi, whose opening remarks are worth the price of admission. And to @COSAL_Antitrust! There should be many more forums where private enforcers are asked about their work and how we can make it easier to hold bad actors accountable.
Taking on corporate power needs an all-hands-on-deck approach. Join us and @COSAL_Antitrust for a discussion on how private attorneys are defending consumers and small businesses. x.com/i/broadcasts/1…
Just today @JusticeATR has filled a major lawsuit against Apple & the @FTC put out an important study on how large grocers used supply chain disruptions to raises prices. Meanwhile Congress is playing games cutting their budgets. So clear who is working for the public vs Corps.
The day Apple is hit with a major antitrust suit in the U.S., I wonder where Tim Cook is.
"This is not competition on the merits," says former AAG Bill Baer of Apple's conduct leading to @JusticeATR's new antitrust suit. "These restrictions are not justified, they are intended to profit maximize at the expense of the American consumer."
Our statement on the announcement of US v Apple: The Department of Justice’s announcement today marks a significant moment in the ongoing commitment of the Biden administration to safeguard consumer wellbeing and promote fair competition. 🧵
BREAKING: The Justice Department sues Apple, accusing the tech giant of having an illegal monopoly on smartphones in the U.S. apnews.com/article/apple-…
Looking forward to interviewing Commissioner @BedoyaFTC at @SOTN on Monday! #SOTN2024 sotn24.sched.com/event/1YxHS/fi…
🚨BIG: Amid renewed scrutiny of Live Nation-Ticketmaster’s power over live events, we’re releasing a NEW brief to lay out a roadmap for reining in this monopoly. Now's the opportunity to break up this company. Here's how the DOJ can do so.👇 economicliberties.us/our-work/the-c…
In @thenation, @TaraPincock and I argue that the next antitrust action against Amazon should target its domination of the book market thenation.com/article/econom…
“The finalized merger guidelines are a game-changer for antitrust enforcement, incorporating decades of new learnings and thousands of public comments from working families and small businesses.” Our full statement on the updated merger guidelines.👇📜 economicliberties.us/press-release/…
Today @FTC and @JusticeATR are issuing the final 2023 Merger Guidelines. Thank you to the thousands of people who submitted public comments, ensuring we could undertake this work with a deeper understanding of the real-life stakes of merger enforcement. ftc.gov/news-events/ne…
🚨NEW: We're thrilled to announce that @BharatRamamurti is joining our team as Senior Adviser for Economic Strategy.👏 Bharat is one of the key architects of the Biden administration’s competition agenda, previously working in the NEC. His statement.👇 economicliberties.us/press-release/…
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This is very misleading. Open AI is effectively an arm of Microsoft. It’s structured as a “capped profit” in which the early investors are ‘limited’ to returns of 100x (eg ~$100b for MS). (But, Signal’s a real nonprofit tech org, if you’re looking)
In a field as important and rapid developing as AI, we need to pay particular attention to how corporations are looking to consolidate their power. That's why we're calling on @FTC & @JusticeATR to investigate whether Big Tech's acquisitions within AI have broken #antitrust law.
Today, we sent a letter along with 20+ organizations to the @FTC & @JusticeATR asking them to begin these investigations into Big Tech. The full text of the letter is here: s3.amazonaws.com/demandprogress…
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