Tech Giants in the Antitrust Spotlight

A comprehensive rundown of the big tech testimony in Congress yesterday. Don’t worry. I tried to keep it brief. Are seller fees quietly twice as big a business for Amazon as AWS is? There’s a new king of the smartphone hill as Huawei surpasses Samsung. And I think we can officially say that the Peacock launch has been a success.

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Links:

• ‘INSTAGRAM CAN HURT US’: MARK ZUCKERBERG EMAILS OUTLINE PLAN TO NEUTRALIZE COMPETITORS (The Verge)
• Report: Amazon’s Monopoly Tollbooth (ILSR.org)
• Encrypted Messaging App Telegram Files Antitrust Complaint Against Apple With EU (MacRumors)
• Google's $2.1 billion Fitbit deal faces EU antitrust probe: sources (Reuters)
• Canalys: Huawei trumps Samsung for first time in worldwide smartphone market in Q2 2020 (Canalys)
• TikTok says it will pay creators a total of $2 billion in the next 3 years (Digital Trends)

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