 Technology |
Technology |
|
|
The Federal Trade Commission (FTC) and a bipartisan coalition of 17 state attorneys general filed an antitrust lawsuit Tuesday against e-commerce giant Amazon. |
The lawsuit targeting Amazon is twofold and builds on the government's crackdown on the market power of powerful tech companies. The partially redacted 172-page complaint alleges the e-commerce giant's practices are anti-competitive in how they affect shoppers and third-party sellers on the site. The government alleges that Amazon uses anti-competitive measures that punish sellers and deter other online retailers from offering lower prices, which keeps prices higher for consumers across the internet. FTC Chairwoman Lina Khan called it a "one, two punch" that has "internet-wide effects" for consumers and sellers. "Amazon is a monopolist. It exploits its monopolies in ways that enrich Amazon but harm its customers: both the tens of millions of American households who regularly shop on Amazon's online superstore and the hundreds of thousands of businesses who rely on Amazon to reach them," the complaint states. Amazon pushed back on the allegations. David Zapolsky, Amazon senior vice president of global policy and general counsel, said in a statement that the lawsuit is "wrong on the facts and the law, and we look forward to making that case in court." "The practices the FTC is challenging have helped to spur competition and innovation across the retail industry, and have produced greater selection, lower prices, and faster delivery speeds for Amazon customers and greater opportunity for the many businesses that sell in Amazon's store," Zapolsky said. Read more about the lawsuit in a full report at TheHill.com. |
Welcome to The Hill's Technology newsletter, we're Rebecca Klar and Julia Shapero — tracking the latest moves from Capitol Hill to Silicon Valley. |
|
|
How policy will be impacting the tech sector now and in the future: |
|
|
Federal Communications Commission (FCC) Chairwoman Jessica Rosenworcel said on Tuesday that she plans to put forward a proposal to reinstate net neutrality rules that were repealed under former President Trump. The proposal would bar broadband providers, like AT&T, Comcast and Verizon, from blocking or throttling internet traffic to some websites and speeding up access to others that pay extra. It would also block internet … |
| |
| A group of Jewish leaders published a letter warning of the rise in antisemitic rhetoric on X, formerly Twitter, and placed responsibility largely on owner Elon Musk — whom they claimed has "facilitated and enabled" its growth. "X has become a breeding ground for antisemitism and represents one of the largest dangers to Jews in years,” the leaders warned in their letter. “If something does not change, we know what … |
| |
|
ChatGPT now has the ability to have a conversation with you, artificial intelligence parent company OpenAI announced Monday. Through voice and image capabilities, OpenAI said the new "more intuitive" interface will offer more ways to use the program. The firm said the conversation will be back-and-forth and users will have the ability to "speak with it on the go, request a bedtime story for your family, or settle a dinner … |
| |
|
News we've flagged from the intersection of tech and other topics: |
|
|
Spotify new feature lets users 'Jam' together |
Spotify launched a new Jam feature that will let users in different locations listen to the same collaborative playlist in real time, Mashable reported. |
|
|
Apple's Eddy Cue defends Google deal in trial |
Apple executive Eddy Cue defended the company's deal with Google, a key component of the Department of Justice's case against Google, in its antitrust lawsuit, The Verge reported. |
|
|
Meta to separate Threads, Instagram account deletion |
Meta will allow Threads users to delete their accounts on the Twitter-like platform without deleting their corresponding Instagram accounts beginning in December, TechCrunch reported. |
|
|
Interested in exploring a new career? Visit The Hill Jobs Board to discover millions of roles worldwide, including: Director, Financial Policy & Government Affairs (CCMC) — U.S. Chamber of Commerce, Washington, D.C. Apply Director, Treasury Operations — Circle, Washington, D.C. Apply Corporate Partnership Development Executive — Chicago Cubs, Chicago, Ill. Apply Climate and Financial Regulation Policy Director — Public Citizen, Washington, D.C. Apply
Click here to get your job mentioned |
|
|
Upcoming news themes and events we're watching: |
- Mira Murati, the chief technology officer for OpenAI, will speak at The Atlantic festival in a conversation with Atlantic staff writer Tim Alberta on Friday at 9:30 a.m. ET.
|
|
|
Branch out with other reads on The Hill: |
|
|
Republican presidential hopefuls have largely shunned TikTok, the hugely popular video-sharing app that some in both parties allege is a potential spy mechanism for China. But entrepreneur Vivek Ramaswamy recently became the first 2024 candidate to join the platform, which says it has over 150 million … |
|
|
Two key stories on The Hill right now: |
|
|
A Texas law prohibiting certain "sexually oriented" performances from taking place on public property or where they may be viewed by minors is unconstitutional, … Read more |
| Fears are swirling that Congress could be headed for its first government shutdown in years. Lawmakers have until Saturday to strike a deal … Read more |
|
|
Opinions related to tech submitted to The Hill: |
|
|
You're all caught up. See you tomorrow! |
1625 K Street NW, 9th Floor, Washington, DC 20006 |
Copyright © 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. |
|
|
|
If you believe this has been sent to you in error, please safely unsubscribe.
No comments:
Post a Comment