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Google’s Android Target of New Antitrust Complaint

BRUSSELS — A group of companies led by Microsoft have called on European authorities to launch an antitrust investigation into Google‘s dominance of mobile Internet usage on smartphones. The “FairSearch” initiative of 17 companies — which includes Microsoft, Nokia, and Oracle — claims Google is acting unfairly by giving away its Android operating system to mobile device companies on the condition that the U.S. online giant’s own software applications like YouTube and Google Maps are installed and prominently displayed. “Google is using its Android mobile operating system as a Trojan horse to deceive partners, monopolize the mobile marketplace, and control consumer data,” said Thomas Vinje, the group’s Brussels-based lawyer. (MORE: Was Instagram Really Worth $1 Billion?) Android operating systems are installed on about 70 percent of new smartphones, according to analyst estimates, handing Google the largest market share worldwide, followed by Apple‘s iOS platform. Systems ...

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Found 1 month ago on channel TIME Business

China Accuses Coca-Cola of Misusing GPS Equipment

BEIJING (AP) — Chinese authorities are investigating whether Coca-Cola Co. employees improperly used location-finding technology in violation of restrictions on map-making. Coca-Cola said Thursday it was cooperating with investigators. It said trucks for some of its bottling plants use location technology that is widely available commercially in China to improve the efficiency of deliveries. Coca-Cola employees in the southwestern province of Yunnan were found improperly using handheld global positioning system devices, the deputy director of the national surveying agency told government radio this week. It was one of 21 similar cases involving companies using GPS devices in Yunnan to “illegally obtain classified information,” said the official, Li Pengde, according to the China National Radio website. He gave no additional details. Beijing tightly controls map-related activities due to both national security concerns and political sensitivities about the location of its borders. Providers ...

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Found more than 1 month ago on channel TIME Moneyland

Did Google’s Promise to ‘Do No Evil’ Convince the FTC to Do Nothing About Its Search Bias?

Has the Federal Trade Commission (FTC) been seduced by Google’s famous promise to “do no evil?” That’s the question a lot of critics are asking in the wake of the Internet search giant’s antitrust settlement with the FTC last week. The problem, critics say, isn’t simply that Google got off lightly; it’s that the FTC allowed Google to set the terms – both in defining whether the company’s behavior was harmful and in setting the terms of its punishment. “For critics of Google,” NYU Information Law Institute Fellow Nathan Newman writes on the Huffington Post, “[the] FTC decision is not bad news because we disagree with the results, but bad news because it reflects an enforcement agency failing to even ask the right questions.” (MORE: What Google’s FTC Deal Means for the Patent Wars) One of the central questions in the FTC’s antitrust investigation was how exactly to determine whether Google’s dominance in the search engine business has caused harm – and to ...

action agency billion business commission convenience decision dominance edward enforcement federal ftc google government huffington information institute internet investigation location mapquest nathan newman nyu punishment question service services settlement times wyatt york

Found more than 1 month ago on channel TIME Moneyland

Did Google’s Promise to “Do No Evil” Convince the FTC to Do Nothing About its Search Bias?

Has the Federal Trade Commission been seduced by Google’s famous promise to “do no evil?” That’s the question a lot of critics are asking in the wake of the Internet search giant’s antitrust settlement with the FTC last week. The problem, critics say, isn’t simply that Google got off lightly; it’s that the FTC allowed Google to set the terms – both in defining whether the company’s behavior was harmful and in setting the terms of its punishment. “For critics of Google,” NYU Information Law Institute Fellow Nathan Newman writes on the Huffington Post, “[the] FTC decision is not bad news because we disagree with the results, but bad news because it reflects an enforcement agency failing to even ask the right questions.” (MORE: What Google’s FTC Deal Means for the Patent Wars) One of the central questions in the FTC’s antitrust investigation was how exactly to determine whether Google’s dominance in the search engine business has caused harm – and to whom? ...

action agency billion business commission convenience decision dominance edward enforcement federal ftc google government huffington information institute internet investigation location mapquest nathan newman nyu punishment question service services settlement times wyatt york

Found more than 1 month ago on channel TIME Business

United States: The Alternative Investment Fund Managers Directive - A Guide For Managers - Goodwin Procter LLP

During November and December, the UK Financial Services Authority ("FSA"), the European Commission and the European Securities and Markets Authority ("ESMA") all published important documents as part of the implementation of the Alternative Investment Fund Managers Directive ("AIFMD").

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Found more than 1 month ago on channel Mondaq