A. M. At google headquarters in california 11 00 a. M. On wall street and squawk alley is live good tugs morniesday morninm Carl Quintanilla very busy morning in the markets today. We try to get back to 3440 or so q3 earnings a part of the big news stimulus watch, well learn more in the coming hour or two. But were going to begin in washington justice files this landmark antitrust suit against google and we have more on that im still working many i way through this 64page lawsuit that the Justice Department has filed against google in which the department allege thats googlesant w anticompev behave wror is going on for years and still going on and it may be getting worse in the complaint, the Justice Department writes that google entered into exclusionariy agreements including tying arrangements and engaged in anticompetitive lockup and block rivals the Department Says google has taken a page from microsofts playbook to sustain the monopolies and even instructed blows not to use words
The speaker pro tempore the yeas are 227 and the nays are 189. The previous question is ordered. The question is on adoption of the resolution. Those in favor say aye. Those opposed, no. The ayes have it. Mr. Burgess i won that on a voice vote. I request the yeas and nays. The speaker pro tempore yeas and nays are requested. Those favoring a vote by the yeas and nays will rise. A sufficient number having arisen, yeas and nays are ordered. Members will record their votes by electronic device. This is a fiveminute vote. [captioning made possible by the national captioning institute, inc. , in cooperation with the United States house of representatives. Any use of the closedcaptioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u. S. House of representatives. ] the speaker pro tempore on this vote the yeas are 222, and the nays are 190. Adopted. Ution is the motion ion, heard. On is pursuant to clause 8 of rule 20, the Unfinished Bu
Purchasing power but dont tell iran. This is the way of business im on in berlin welcome facebooks new crypto currency libra is under scrutiny from e. U. Antitrust regulators according to the Financial Times the newspaper says the European Commission has sought specific information from those of working on the Digital Currency by a questionnaires on tuesday bloomberg reported about the commission had specific concerns over quote potential anticompetitive behavior related to the libor association so far facebook and the commission have both declined to comment. Our financial correspondent joins us now from new york and so what sort of answers is facebook actually supposed to provide here. Well i mean one of the main questions really is in this case at least the possibility of competitive behavior and if you look at facebook they have more users than the combined population of china and the u. S. So there is this claim there and then also facebook will probably face questions if there ar
So far facebook and the commission have both declined to comment. Our financial correspondent joins us now from new york and so what sort of answers is facebook actually supposed to provide here. Well i mean one of the main questions really is in this case at least the possibility of competitive behavior and if you look at facebook they have more users than the combined population of china and the u. S. So so there is this claim there and then also facebook will probably face questions if there are any plans to somehow connect. To some of facebooks Services Like for example or also the Messenger Services but this is really only one of many regulatory issues that facebook is facing with libra and with its other services in general as well now staying on tech giants french president and model and urged the u. S. To get big tech to pay more taxes now is washington washington under any real pressure to do so well i mean if you look at the United States there is old soul that trend and ther
Association so far facebook and the commission have both declined to comment. Our financial correspondent joins us now from new york and so what sort of answers is facebook actually supposed to provide here. Well i mean one of the main questions really is in this case at least the possibility of competitive behavior and if you look at facebook they have more users than the combined population of china and the u. S. So there is this claim there and then also facebook will probably face questions if there are any plans to somehow connect to some of facebooks Services Like for example or also the Messenger Services but this is really only one of the many regulatory issues that facebook is facing with libra and with the other services in general as well now staying on tech giants french president and model mccraw urged the u. S. To get big tech to pay more taxes now is washington washington under any real pressure to do so well i mean if you look at the United States there is old sold the