alt.interoperability.adversarial

Today, we are told that the bigness of Big Tech giants was inevitable: the result of "network effects." For example, once everyone you want to talk to is on Facebook, you can't be convinced to use another, superior service, because all the people you'd use that service to talk to are still on Facebook. And…

The EU's top trustbuster gets a surprise re-appointment

Margrethe Vestager (previously) is the EU competition commissioner who handed out a bouquet of multibillion-dollar fines to US-based Big Tech companies; she had resigned herself to being ousted after her previous term but in a last-minute surprise she has been granted another turn in office, with a new mandate to create a "Europe fit for…

The EU's ambitious, fearless antitrust czar is unlikely to win another term

Margrethe Vestager (previously) has been the EU antitrust commissioner for five years, and now she is getting ready to step down (her party is unlikely to prevail next year, so she will likely be replaced), having presided over an unprecedented era of antitrust enforcement that has seen billions of euros extracted in penalties from Google,…

EU fines Qualcomm over $1 billion for anti-competitive iPhone deal

The US — allegedly a bastion of the "free market" — has one of the world's lowest levels of economic competition, thanks to the triumph of the Chicago School economists, who used shitty math to convince Ronald Reagan and his successors that the only time a monopoly is a problem is when it raises prices.

Google "respectfully disagrees" with €2.42 billion fine

Google expected to be punished by the European Union for anticompetitive shenanigans, but it didn't expect a slap this hard: €2.42 billion, the largest fine on record. The company says it "respectfully disagrees" with both the ruling and the amount and may appeal. The commission believes it has struck a blow for consumers and for…

EU fines Google €2.42B for anti-competitive behaviour

The EU had been expected to fine Google a little over €1B for its anti-competitive practice of promoting its own shopping service over competitors' in search results: today's €2.42B comes as a surprise, as does the ongoing fine if it fails to change its behavior within 90 days — up to €10.6m a day, or…

Apple told to pay €13bn in back taxes to Ireland

Ireland offered Apple huge tax breaks, but didn't give other companies the same deal. The European Commission concluded this was illegal and the company must pay up the €13bn it would otherwise have owed in taxes. The Commission said "selective treatment" allowed Apple to pay tax rate of 1% on European Union profits in 2003…