Schumer Accused of Caving to Big Tech After Failure to Deliver on Antitrust Pledge

In May, Senate Majority Leader Chuck Schumer promised an early-summer vote on bipartisan antitrust legislation that, while relatively modest, would take concrete steps to curb the vast power of Big Tech. But with the end of the year approaching, Schumer has yet to deliver on his pledge, angering supporters of the bills who say the Democratic leader is caving to Apple, Google, Amazon… Source Source / Read More: Schumer Accused of Caving to Big Tech After Failure to Deliver on Antitrust Pledge

DOJ Won Antitrust Victory by Arguing Publishing Merger Would Harm Top Authors

Antitrust is having a moment. From both the left and the right, politicians clamor for new tools and enforcement to maintain a spirit of competition in the U.S. economy. While many focus on Big Tech, one of the Biden administration’s first big swings in a more aggressive antitrust enforcement regime took aim at a decidedly un-techy industry: book publishing. In a sealed ruling issued on Oct. 31, a federal judge sided with the government and blocked the merger of Penguin Random House and Simon & Schuster. While the country’s attention was focused on the midterm elections, Judge Florence Pan unsealed…