DC is testing its Big Tech antitrust campaign far from DC

Yahoo Finance05-16

The Biden administration is testing its antitrust push far from Washington as it seeks to unwind the dominance of Big Tech. No longer is the nation’s capital the go-to trial venue of choice for the ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDC is testing its Big Tech antitrust campaign far from DC\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-16 16:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/dc-is-testing-its-big-tech-antitrust-campaign-far-from-dc-080007707.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Biden administration is testing its antitrust push far from Washington as it seeks to unwind the dominance of Big Tech.\nNo longer is the nation’s capital the go-to trial venue of choice for the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/dc-is-testing-its-big-tech-antitrust-campaign-far-from-dc-080007707.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4528","symbol_name":"SaaS概念","start_time":0,"source_url":"https://finance.yahoo.com/news/dc-is-testing-its-big-tech-antitrust-campaign-far-from-dc-080007707.html","article_id":"2435461623","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/wxdLKXwvc0BZkPTSs95jiA--~B/aD00MDAwO3c9NjAwMDthcHBpZD15dGFjaHlvbg--/https://s.yimg.com/os/creatr-uploaded-images/2024-05/9ddb2020-124d-11ef-bffb-d0a9f4a213fe"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2435461623","pubTimestamp":1715846407,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The Biden administration is testing its antitrust push far from Washington as it seeks to unwind the dominance of Big Tech.No longer is the nation’s capital the go-to trial venue of choice for the Justice Department and Federal Trade Commission as they file competition challenges against the biggest names in Silicon Valley.Instead, it’s New Jersey where the government chose to sue Apple . Or California, where it challenged Microsoft . Or the state of Washington, where it confronted Amazon . Or Virginia, where it filed a second antitrust suit against Google .\"They’re clearly filing these tech cases in different jurisdictions where the law is less developed,\" said Douglas Ross, a professor of antitrust at University of Washington School of Law. \"And they're doing it for a reason.\". Attorney General Merrick Garland speaks during a news conference on March 21, as he announced a sweeping antitrust lawsuit against Apple. The case was filed in New Jersey. . Then-Microsoft Chairman Bill Gates ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4528":"SaaS概念","MSFT":"微软","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","BK4554":"元宇宙及AR概念","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","BK4532":"文艺复兴科技持仓","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","BK4553":"喜马拉雅资本持仓","T":"美国电话电报","AMZN":"亚马逊","BK4534":"瑞士信贷持仓","BK4571":"数字音乐概念","META":"Meta Platforms","BK4507":"流媒体概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4576":"AR","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","BK4575":"芯片概念","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","BK4220":"综合零售","BK4535":"淡马锡持仓","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU0109392836.USD":"富兰克林科技股A","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","BK4538":"云计算","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4115":"综合电信业务","BK4017":"黄金","BK4122":"互联网与直销零售","BK4551":"寇图资本持仓","DC":"Dakota Gold Corp","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","GOOGL":"谷歌A","BK4097":"系统软件","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","GOOG":"谷歌","LU0444971666.USD":"天利全球科技基金","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","AAPL":"苹果","TBB":"AT&T Inc.","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4548":"巴美列捷福持仓","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC"},"translate_title":"DC正在远离DC的地方测试其大型科技反垄断运动","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":1,"T":1,"MSFT":1,"DC":1,"AMZN":0.9,"TBB":0.9,"META":0.9,"GOOGL":0.9,"GOOG":0.9},"content_text":"The Biden administration is testing its antitrust push far from Washington as it seeks to unwind the dominance of Big Tech.\nNo longer is the nation’s capital the go-to trial venue of choice for the Justice Department and Federal Trade Commission as they file competition challenges against the biggest names in Silicon Valley.\nInstead, it’s New Jersey where the government chose to sue Apple (AAPL). Or California, where it challenged Microsoft (MSFT). Or the state of Washington, where it confronted Amazon (AMZN). Or Virginia, where it filed a second antitrust suit against Google (GOOG, GOOGL).\n\"They’re clearly filing these tech cases in different jurisdictions where the law is less developed,\" said Douglas Ross, a professor of antitrust at University of Washington School of Law. \"And they're doing it for a reason.\"\n\n\n\n  Attorney General Merrick Garland speaks during a news conference on March 21, as he announced a sweeping antitrust lawsuit against Apple. The case was filed in New Jersey. (AP Photo/Jose Luis Magana)\n \n\n  ASSOCIATED PRESS\n \n\nA variety of strategies could explain the multi-jurisdictional approach, according to antitrust lawyers.\nProsecutors could be targeting appeals courts with case law more favorable to their legal theories, since all of the district courts selected by Biden’s FTC and DOJ report up to different courts of appeals.\nThe government could also be weighing the speed of a court in handling litigation, and the convenience to anticipated witnesses, said Juan Arteaga, a partner with Crowell & Moring’s antitrust litigation division.\nIt’s also possible, he added, that government officials may want to showcase vigorous anticompetitive enforcement to the rest of the country.\n\"I think the current leadership team and the DOJ antitrust division have really made it a point to try to take antitrust enforcement out of the DC bubble,\" Arteaga said.\nRoss is more skeptical of a strategy that seeks out jurisdictions where judges have less antitrust experience and fewer controlling antitrust cases are on the books.\nOutside of DC and a few other popular antitrust districts, Ross said, “antitrust is like a hen's tooth — there are very few cases and most average federal district judges have heard zero antitrust cases.”\nDC's dominance\nDC has long been the chosen spot for many of the most prominent antitrust cases in US history, including landmark cases against AT&T (T) and Microsoft (MSFT) in the 1970s, 1980s and 1990s.\nIts dominance extends back even further in time. \nSince 1899, the earliest year records are available, the DOJ filed 391 antitrust cases in the district. \nThat is nearly double the next closest count, of 222 filings in the Northern District of California, and 220 in the Southern District of New York.\n\n\n\n  Then-Microsoft Chairman Bill Gates at a June 2000 press conference in Redmond, Wash., to discuss the Justice Department's antitrust case against his company. (Photo: DAN LEVINE/AFP via Getty Images)\n \n\n  DAN LEVINE via Getty Images\n \n\nIt held its dominance for most of the last decade, as well. DC was home to the most new cases, or tied for that title, from 2015 through 2022.\nThat changed last year. In 2023, the government filed more antitrust cases in several places outside DC, including states like Michigan and Oklahoma.\nWhen factoring in private antitrust suits, the district with the most combined competition suits last year – totaling 42 – was the US District Court for the Northern District of California. Federal district courts in New Jersey, Illinois and New York followed. \nThe government's shift away from DC is happening at a time when there are rising concerns within the legal community about judge shopping in hopes of sympathetic rulings, and state and federal governments intervening in private antitrust litigation.\nBills to disrupt judicial power in single judge districts have been introduced in the Senate, and the Judicial Conference recommended changes to the case assignment process in March.\nChanging course\nThe Biden White House started its campaign against Big Tech close to home, in the DC District Court. That's where the FTC under its Biden-nominated Chair Lina Khan re-filed an action against Facebook in 2021.\nThat case, first brought during President Trump’s administration, alleged that the social media giant illegally blocked competition through its acquisitions of Instagram and WhatsApp.\nIt also took over another case filed in DC by the prior administration, against Google, challenging the company’s online search dominance. A ruling from the judge in that case is expected soon.\nThen prosecutors changed course, and veered away from DC.\nIn December 2022, the FTC chose the US District Court for the Northern District of California to challenge Microsoft’s acquisition of video gaming giant Activision Blizzard. The effort failed and the regulators appealed the matter to the 9th Circuit.\nA month later, in January 2023, the DOJ joined by 8 state attorneys general went after Google in a second antitrust case, this time in the US District Court for the Eastern District of Virginia. Prosectors alleged Google abused its monopoly in the digital advertising technology market.\nIn September of 2023, the FTC and 17 states sued Amazon in the US District Court for the Western District of Washington. The suit accused the retail giant of illegally monopolizing online marketplace services.\n\nThen this year in March, the DOJ and a group of state attorneys general sued Apple in the US District Court in New Jersey. The prosecutors claimed Apple illegally abused its dominance in the smartphone market.\n'Trying to avoid the DC Circuit'\nNew Jersey is a less logical place for the government to challenge Apple, when compared to some of the other cases outside DC.\nAmazon was targeted in the Washington district where the company is headquartered, and Microsoft was sued in the Bay Area where it has a significant physical footprint.\nBut Apple isn't domiciled in New Jersey nor does it have dominant operations there.\nOne factor that may help explain the government's choice is that appeals from New Jersey's federal trial courts are heard by the 3rd Circuit Court of Appeals, which in recent years has handed down decisions that could favor the government's claims against the iPhone maker.\n\"I think I think that the DOJ concluded that the case law was much more favorable for the 3rd Circuit as opposed to the 9th Circuit,\" Arteaga said.\n\n\n\n  Apple CEO Tim Cook in April. (AP Photo/Achmad Ibrahim)\n \n\n  ASSOCIATED PRESS\n \n\nAs for the case against Google in Virginia, the DOJ may be looking for a quick turn. The Eastern District court has earned its \"rocket docket\" nickname for the speed with which it handles litigation.\n\"I think there probably is an element of trying to avoid the DC Circuit,\" Ross said.\"Whether that's going to pay off for them or hurt them, I don't know.\"\nThe tactic, he said, could lead to more chaos in the law and increase the chances of getting one of the cases heard by the Supreme Court.\nKeith Harrison, also a partner in Crowell & Moring’s litigation practice, said bringing the cases against the country's most dominant and consumer-facing companies could prove valuable for the administration, win or lose, as it tries to communicate its agenda to a broader population.\n\"This [Apple] case is gonna be a big case, wherever it's brought,\" Harrison said. \"But in New Jersey, it’s going to be the biggest case in that courthouse, and in local news on a regular basis.\"\nAlexis Keenan is a legal reporter for Yahoo Finance. Follow Alexis on Twitter @alexiskweed.\nClick here for the latest technology news that will impact the stock market.\nRead the latest financial and business news from Yahoo Finance","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.0","shortVersion":"4.24.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2435461623"}