"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2019-06-14T06:28:41Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2019/06/14/google-ceo-sundar-pichai-reacts-to-growing-calls-to-break-up-big-tech-orig.cnn-business"
data-branding-key=""
data-video-slug="Google CEO sundar pichai reacts to growing calls to break up big tech orig"
data-first-publish-slug="Google CEO sundar pichai reacts to growing calls to break up big tech orig"
data-video-tags="alphabet inc,antitrust and trade law,business executives,business figures,business, economy and trade,companies,crime, law enforcement and corrections,criminal investigations,criminal law,economic policy,economy and economic indicators,google inc,labor and employment,law and legal system,misc people,poppy harlow,sundar pichai,technology,trade and development,trade regulation and policy,workers and professionals"
data-details="">
Video Ad Feedback
Google CEO reacts to growing calls to break up big tech
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2019-06-06T22:57:37Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2019/06/06/google-facebook-duopoly-explr-zw-orig.cnn"
data-branding-key=""
data-video-slug="google facebook duopoly explr zw orig"
data-first-publish-slug="google facebook duopoly explr zw orig"
data-video-tags="alphabet inc,business and industry sectors,business, economy and trade,companies,democracy,electronic commerce,facebook,forms of government,google inc,government and public administration,journalism and news media,marketing and advertising,marketing and advertising channels,media industry,online advertising,online and home shopping,politics,retail and wholesale trade"
data-details="">
Video Ad Feedback
Google and Facebook are great at selling ads. It's terrible for journalism
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2018-11-16T19:39:35Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2018/11/16/is-google-a-monopoly.cnn-business"
data-branding-key=""
data-video-slug="Is Google a monopoly?"
data-first-publish-slug="Is Google a monopoly?"
data-video-tags="alphabet inc,antitrust and trade law,business and industry sectors,business, economy and trade,companies,computer science and information technology,economic policy,economy and economic indicators,google inc,internet and www,internet software and applications,law and legal system,search engines,software and applications,technology,trade and development,trade regulation and policy"
data-details="">
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2019-03-21T15:13:28Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2019/03/21/this-is-how-facebook-kills-its-competition.cnn-business"
data-branding-key=""
data-video-slug="This is how Facebook kills its competition"
data-first-publish-slug="This is how Facebook kills its competition"
data-video-tags="companies,facebook,internet and www,social media,technology"
data-details="">
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2018-10-12T16:15:59Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2018/10/12/amazon-anti-trust-orig.cnn-business"
data-branding-key="united-states-of-amazon"
data-video-slug="Amazon anti trust orig"
data-first-publish-slug="Amazon anti trust orig"
data-video-tags="amazon.com inc,antitrust and trade law,business, economy and trade,companies,economic policy,economy and economic indicators,law and legal system,trade and development,trade regulation and policy"
data-details="">
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2019-05-22T13:49:44Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2019/05/22/qualcomm-us-antitrust.cnn-business"
data-branding-key=""
data-video-slug="qualcomm us antitrust"
data-first-publish-slug="qualcomm us antitrust"
data-video-tags="antitrust and trade law,business and industry sectors,business, economy and trade,companies,computer equipment,computer peripherals,computer science and information technology,consumer electronics,consumer products,decisions and rulings,economic policy,economy and economic indicators,electronics,law and legal system,misc people,mobile and cellular telephones,mobile technology,modems,qualcomm inc,samuel burke,smartphones,technology,trade and development,trade regulation and policy,trial and procedure"
data-details="">
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2018-10-08T14:07:15Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2018/10/05/amazons-ad-future-orig.cnn-business"
data-branding-key="united-states-of-amazon"
data-video-slug="Amazons ad future orig"
data-first-publish-slug="Amazons ad future orig"
data-video-tags="alphabet inc,amazon.com inc,business and industry sectors,business, economy and trade,companies,facebook,google inc,marketing and advertising"
data-details="">
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2019-05-13T16:43:58Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2019/05/13/apple-app-store-supreme-court.cnn-business"
data-branding-key=""
data-video-slug="apple app store supreme court"
data-first-publish-slug="apple app store supreme court"
data-video-tags="antitrust and trade law,apple inc,business and industry sectors,business, economy and trade,companies,computer science and information technology,economic policy,economy and economic indicators,government and public administration,government bodies and offices,government organizations - us,law and legal system,mobile apps,mobile technology,politics,software and applications,technology,trade and development,trade regulation and policy,us federal court system,us federal government,us supreme court"
data-details="">
Video Ad Feedback
iPhone owners can sue Apple over App Store monopoly
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2018-12-17T18:42:37Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2018/12/17/tim-wu-this-is-how-you-break-up-facebook-orig.cnn-business"
data-branding-key=""
data-video-slug="Tim Wu: This is how you break up Facebook orig"
data-first-publish-slug="Tim Wu: This is how you break up Facebook orig"
data-video-tags="antitrust and trade law,business and industry sectors,business, economy and trade,communications law and policy,companies,computer and internet law,curricula,economic policy,economy and economic indicators,education,education systems and institutions,facebook,graduate and professional schools,higher education,internet regulation,law and legal system,legal education,legal services,market monopolies,net neutrality,technology,telecommunications industry,trade and development,trade regulation and policy"
data-details="">
The European Union will investigate how Amazon uses data from independent sellers, continuing an aggressive regulatory push that has already ensnared Google, Facebook and Apple.
Margrethe Vestager, the European Commission’s top antitrust official, had previously signaled that she would examine whether the giant online retailer’s use of data violates competition rules.
How tech companies use data is becoming a major focus for regulators on both sides of the Atlantic. US lawmakers earlier this week subjected tech executives to tough questions on the subject.
Vestager said in a statement on Wednesday that e-commerce had boosted choice for consumers and reduced prices.
But she cautioned that “we need to ensure that large online platforms don’t eliminate these benefits through anti-competitive behavior.”
“I have therefore decided to take a very close look at Amazon’s business practices and its dual role as marketplace and retailer, to assess its compliance with EU competition rules,” she said.
The Commission will investigate standard agreements between Amazon
(AMZN) and independent retailers that use its massive platform, and whether the seller data is used by Amazon
(AMZN) unfairly.
It will also look into the role of data when Amazon selects its “Buy Box” search results.
The probe could drag on for years and expose Amazon to potential fines of up to 10% of its annual global sales. That implies a maximum penalty of $23 billion based on 2018 revenue.
In a statement, Amazon said: “We will cooperate fully with the European Commission and continue working hard to support businesses of all sizes and help them grow.”
The European Union has emerged as a key battleground for tech because of its tough rules on data protection, hate speech, taxation and competition issues. Apple, Amazon and Facebook have all come under scrutiny.
In March, the bloc hit Google with a third antitrust penalty, ordering it to pay €1.5 billion ($1.7 billion) for abusing its dominant position in online search advertising. It’s been fined €8.2 billion ($9.2 billion) in total by Europe since 2017.
Vestager previously examined Apple’s purchase of music app Shazam but eventually approved the deal. And in 2016, the European Union ordered Apple to repay €13 billion ($14.6 billion) in tax breaks to Ireland.
Ireland’s Data Protection Commission is investigating Facebook over data breaches and other issues.
Meanwhile, pressure on tech companies is building in the United States.
The US Federal Trade Commission is reportedly preparing to fine Facebook roughly $5 billion for mishandling user data. Meanwhile, the US Justice Department is laying the foundation for a potential antitrust investigation of Google.