Ownership

Department of Justice antitrust chief Makan Delrahim says he is not "unilaterally disarming" his division, but that he is taking a number of reforms to speed the merger review process. "Provided that the parties expeditiously cooperate and comply throughout the entire process, we will aim to resolve most investigations within six months of filing," he said. For comparison, in 2017, "significant" merger reviews took on average 10.8 months to resolve, he said. To cut that timeline to six months, Justice is inviting parties to meet early with its antitrust team.

Google, Facebook, and Twitter have no incentive to inject bias in their platforms, because consumers across the political spectrum use social media and discriminating against any of them could drive people away. Consumers would be substantially worse off if social media platforms such as Facebook and Twitter were broken up. Their value to consumers derives in no small part from the fact that they allow people to communicate with their friends and families with a single click.

Google Chief Executive Sundar Pichai plans to appear at a private meeting of top GOP lawmakers on Sept 28 and again at a public hearing later in 2018, responding to new scrutiny of the company’s work with China, its market power and alleged bias against conservatives in its search results.  “Google has a lot of questions to answer about reports of bias in its search results, violations of user privacy, anticompetitive behavior and business dealings with repressive regimes like China,” said House Majority Leader Kevin McCarthy (R-CA), who is organizing Sept 28’s meeting.

Comcast and the Walt Disney Company have long been rivals. But Brian Roberts, who runs Comcast, has recently become the Magic Kingdom’s nemesis in chief. He waged an unrelenting fight for 21st Century Fox over the summer, forcing Disney to pay about $18 billion more than it had planned in order to secure Rupert Murdoch’s entertainment empire. Then, on Sept 22, Comcast emerged as the decisive victor in a battle with Disney for control of the British pay-television company Sky. For Robert A.

Comcast triumphed over the Walt Disney in a hard-fought battle for Sky television, by offering $39 billion for the satellite-TV service that has 23 million customers in five European countries. Sky’s independent board members must approve the winning bid  and shareholders must ratify the deal before the sale will be complete. Soon, Comcast will have a presence in some of the most prosperous countries in Europe — Britain, Ireland, Germany, Austria and Italy.

T-Mobile offered its clearest glimpse yet at exactly what it will offer in terms of in-home, fixed broadband internet services if the company is allowed to merge with Sprint—to become what it has called “New T-Mobile.”  T-Mobile’s chief operating officer Mike Sievert told the Federal Communications Commission that New T-Mobile “has confirmed that there is a large market for New T-Mobile’s in-home broadband offering at the anticipated pricing and service levels.” He said the company expects to offer in-home internet services to 52% of the zip codes across the county by 2024, covering 64% of

AT&T asked an appeals court to reject the Justice Department’s challenge of a federal judge’s decision approving its $85 billion merger with Time Warner. The telecom company, which closed the merger in June, responded to the Justice Department’s appeal, arguing that prosecutors failed to prove during trial that the deal would hurt competition and raise prices for consumers.

Will I go to prison for violating the terms of service? This is the question journalists must ask themselves, now, when writing data stories based on public information collected from a website, such as Facebook or Twitter. Violating a terms of service that prohibits scraping can carry with it possible criminal liability under the Computer Fraud and Abuse Act (CFAA). No journalists have been prosecuted under this statute, but their sources have, and some journalists have been asked to stop using specific reporting tools by Facebook.

European laws and proposals meant to rein in tech giants are inadvertently empowering them. The laws — governing everything from privacy to copyright to content filtering — stem from concerns about the behavior of big platforms, like YouTube and Facebook. But big companies have more resources to comply with complicated regulations than small firms. The European Parliament recently passed a directive that would overhaul its copyright law and would force platforms to impose strict filters for copyright violations or face fines.

Marc Benioff, the billionaire co-founder of software maker Salesforce.com Inc., is making a play to project his influence far beyond Silicon Valley with the purchase of Time magazine. The 53-year-old entrepreneur and his wife, Lynne, agreed to pay $190 million in cash to Meredith Corp. for the venerable but struggling print publication, stoking comparisons to Amazon’s Jeff Bezos and his $250 million acquisition of the Washington Post in 2013.