US Big Tech Continue To Raise Global Regulatory Concerns

Comments
Loading...
  • The House Oversight Committee on Friday launched an investigation into Amazon.com Inc's AMZN labor practices, CNBC reports.
  • The House demanded information about a deadly warehouse collapse in Illinois in 2021 as a tornado hit the warehouse, killing six workers. The workers had alleged inadequate safety protocols for severe weather events.
  • The Competition Commission of India found Alphabet Inc GOOG GOOGL Google discriminated against developers in its Play store billing policy, Bloomberg reports.
  • The antitrust watchdog concluded a months-long investigation triggered by protests from developers of unfairly high fees for using Android app stores and its proprietary payments service.
  • The European Commission sought information from Microsoft Corp's MSFT partners and rivals regarding Microsoft's alleged anti-competitive behavior, Bloomberg reports.
  • The regulator investigated Microsoft's alleged antitrust behavior in the cloud-computing services market, which could lead to a formal inquiry.
  • The regulatory move followed a 2021 antitrust complaint from France's OVH and two other cloud providers to the European Union's antitrust watchdog.
  • Price Action: AMZN shares traded higher by 0.41% at $3,273.08 on the last check Friday.
  • Photo via Unsplash
AMZN Logo
AMZNAmazon.com Inc
$198.61-0.14%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum79.23
Growth3.95
Quality82.40
Value48.83
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Posted In: