July 2021

Daily Digest 7/2/2021 (FTC expands antitrust powers)

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Fri, 07/02/2021

FCC releases data on Emergency Broadband Benefit funding

Big tech companies will have to open Russian offices if they want to advertise in the country (Vox)

Submitted by benton on Fri, 07/02/2021 - 06:42

Big Tech Says Global Tax Deal Is a Win (Wall Street Journal)

Submitted by benton on Fri, 07/02/2021 - 06:42

FTC Vote to Broaden Agency’s Mandate Seen as Targeting Tech Industry (Wall Street Journal)

Submitted by benton on Fri, 07/02/2021 - 06:41

Sen Elizabeth Warren calls on Commodity Futures Trading Commission to probe Google for alleged advertising abuses (Washington Post)

Submitted by benton on Fri, 07/02/2021 - 06:38

Verizon argues for TracFone purchase to Acting FCC Chairwoman Rosenworcel

The Federal Communications Commission is still reviewing Verizon’s proposed purchase of TracFone Wireless from América Móvil. Verizon CEO of the Consumer Group, Ronan Dunne, and TracFone CEO, Eduardo Diaz Corona, met with Acting FCC Chairwoman Jessica Rosenworcel to try and convince her that the transaction is in the public interest. Their main argument is that a combined Verizon/TracFone will introduce a third facilities-based provider in the prepaid segment to compete against T-Mobile’s Metro and AT&T’s Cricket.

World’s leading economies agree global minimum corporate tax rate (Financial Times)

Submitted by benton on Thu, 07/01/2021 - 14:20

Secretary of Commerce Gina Raimondo Joins Senator Roger Wicker on Mississippi Tour Focused on Broadband, Maritime Technology and (Department of Commerce)

Submitted by benton on Thu, 07/01/2021 - 14:15

Federal Trade Commission expands antitrust powers in Chair Lina Khan’s first open proceeding

The Federal Trade Commission passed a pair of pivotal measures expanding its power to regulate anti-competitive business practices, setting the stage for a more aggressive enforcement approach from the embattled agency. In the most aggressive effort, the commission voted to rescind a 2015 “Statement of Enforcement Principles” that restricted the FTC Act’s prescriptions on “unfair methods of competition” to explicit violations of existing antitrust law (specifically the Sherman and Clayton Acts). The vote proceeded along party lines, passing 3-2 with Democrats in the majority.

56 percent of Americans oppose the right to sue social media companies for what users post (Pew Research Center)

Submitted by Grace Tepper on Thu, 07/01/2021 - 13:56

Benton

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