Europe's top trustbuster thinks it'll be impossible to break up Facebook

Margrethe Vestager (previously) is the EU Commissioner responsible for handing out billions in fines to Big Tech to punish them for monopolistic practices. Read the rest

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, Apple and Facebook, with Amazon now under her microscope. Read the rest

EU antitrust enforcers investigate Amazon's predatory private-label products

Amazon's best selling wholesales have long accused the company of mining their sales data to discover which products are most profitable; then Amazon clones the product and offers it for sale at a lower price than the wholesales can afford (because Amazon doesn't have to worry about a wholesale-retail markup when it's both wholesaler and retailer at once) and tweaks its search and recommendation system to drive sales to its private-label versions of its partners' products. Read the rest

Europe fines four electronics companies $130,000,000 for price-fixing

Margrethe Vestager (previously), the EU's fire-breathing antitrust regulator, has hit Asus, Denon & Marantz, Philips and Pioneer with $130,000,000 (€111,000,000) in fines for fixing minimum prices at which their goods could be sold online. Read the rest

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. Read the rest