US: Lawmakers demand FTC investigate Verizon fire department data throttling

US: Lawmakers demand FTC investigate Verizon fire department data throttling

Days after California firefighters accused Verizon of slowing down crucial data while they were battling a giant blaze, 13 members of Congress have called on the Federal Trade Commission (FTC) to investigate the alleged throttling. In July, the Santa Clara County Fire Department was battling the Mendocino Complex Fire, the largest in the state’s history, […]

US: Verizon urges Amex-like caution for SCOTUS’ App Store ruling

US: Verizon urges Amex-like caution for SCOTUS’ App Store ruling

According to an amicus brief submitted to the US Supreme Court, Verizon wants SCOTUS to explain how a recent ruling on transactional platforms affects 40 years of precedent on who can sue for damages under federal antitrust law. In the brief Verizon writes to discuss how Amex impacts this case and to raise broader questions […]

US: Senator drops new policy proposals for regulating tech

US: Senator drops new policy proposals for regulating tech

The team at Facebook is not having a great week, as it seems all of its recent data scandal chickens have come home to roost. Last Wednesday, July 25, its market cap took a US$120 billion beating in the aftermath of earnings that fell short of revenue and earnings targets. Analysts say this is the […]

US: AT&T and Verizon are being investigated for collusion again

US: AT&T and Verizon are being investigated for collusion again

AT&T and Verizon are being investigated by the Department of Justice (DOJ) over whether they colluded in order to prevent customers from easily switching carriers. The antitrust investigation, reported by The New York Times relates to the eSIM (embedded SIM) technology that is used instead of regular SIM cards in cellular-capable Apple Watches and other […]

US: Verizon no longer interested in buying a cable company

US: Verizon no longer interested in buying a cable company

Verizon CEO Lowell McAdam said that telecom giant Verizon is no longer exploring acquisitions of a big cable giant to help grow demand for its wireless data and content products. But McAdam told an investors conference on Thursday, September 14, he has major content deals for his Oath subsidiary in the works. “We’ve moved on […]

US: Verizon closes US$4.5B acquisition of Yahoo

US: Verizon closes US$4.5B acquisition of Yahoo

Internet pioneer Yahoo ended its two-decade run as an independent company on Tuesday, completing the sale of its core online assets to telecom giant Verizon. Yahoo’s chief executive Marissa Mayer resigned as expected, as Verizon finalized the US$4.5 billion deal integrating the Yahoo internet operations into a new unit called Oath, which includes another former […]

US: Yahoo stockholders clear Verizon acquisition

US: Yahoo stockholders clear Verizon acquisition

Yahoo’s stockholders approved a $4.48 billion Verizon acquisition of its core assets. In a statement, the company predicted the transaction will close on 13 June, and confirmed it will “change its name to Altaba” following the completion. The deal hit several setbacks as a result of revelations Yahoo suffered two major data hacks: one in […]

US: Verizon wins 5G bandwidth

US: Verizon wins 5G bandwidth

Verizon will pay $3.1 billion for wireless spectrum holder Straight Path Communications, it confirmed today, giving it access to the kind of frequencies it could use to build a 5G network. The communications giant beat out rival AT&T, according to The Wall Street Journal, which had offered to buy Straight Path for $1.6 billion in […]

Exclusion in Digital Markets

Posted by Social Science Research Network Exclusion in Digital Markets By Konstantinos Stylianou (University of Leeds) Abstract:     Exclusionary practices and effects are at the core of antitrust enforcement and sector-specific regulation, as they serve as one of the main determinants of the competitive conditions in the market. The antitrust treatment and regulation of exclusion […]

US: Equinix buys $3.6 billion worth of data centers from Verizon

US: Equinix buys $3.6 billion worth of data centers from Verizon

Equinix, an international data center company based in Redwood City, California, announced today that it has completed the purchase of 29 data centers from Verizon for $3.6 billion. The deal was announced in December. The acquisition greatly expands Equinix’s footprint, including giving it access to Latin America through a data center in Bogota, Colombia, along […]