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Favouring

Startups: Entrepreneurs flag lack of ‘credence’ as IAMAI not representing their interests, favouring Big Tech

India’s top internet entrepreneurs are up in arms against what they term as a lack of “credence” in nodal industry grouping, the Internet and Mobile Association of India (IAMAI). These founders are demanding a change in the leadership of the apex body, which they contend has become a “mouthpiece of Big Tech,” while failing to represent the interests of home-grown digital companies.This signals a deepening of the chasm between the interests of global internet majors such as Google and Facebook, which count India as one of…

Apple vs Epic Games: Fortnite Creator to Fight Against Antitrust Ruling Favouring Tech Giant

Epic Games on Monday will try to overturn portions of a court ruling in an antitrust trial last year that largely favoured Apple.The "Fortnite" creator sued Apple in 2020 alleging that the iPhone maker's App Store rules, under which software developers must pay commissions of up to 30 percent on in-app purchases, violated US antitrust law.After a three-week trial last year, a judge largely sided with Apple, stopping short of dubbing the company an "illegal monopolist" and upholding its right to charge the commissions.But…

Amazon faces $1 billion lawsuit in UK for ‘favouring its own products’

Amazon.com, Inc. is facing a lawsuit in Britain for damages of up to 900 million pounds ($1 billion) over allegations the online marketplace abused its dominant position by favouring its own products, lawyers said. Consumer rights advocate Julie Hunter plans to bring a collective action on behalf of British consumers who have made purchases on Amazon since October 2016, lawyers representing her said. The proposed case—which Amazon said was "without merit"—would be the latest mass action against a tech giant to be filed at…

Big Tech Antitrust: US Bill Introduced to Stop Amazon, Google, More Firms From Favouring Own Products

About a dozen US senators from both parties on Monday formally introduced a bill that would bar Big Tech platforms, like Amazon and Alphabet's Google, from favouring their products and services. The bill follows others introduced with the goal of reining in the outsized market power of tech firms, including industry leaders Facebook and Apple. Thus far none became law, although one, which would increase resources for antitrust enforcers, passed the Senate.Senators Amy Klobuchar and Chuck Grassley's bill would prohibit…