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jerryking : department_of_justice   19

U.S. Weaponizes Its Criminal Courts in Fight Against China and Huawei
Jan. 17, 2019 | WSJ | By Chuin-Wei Yap.

The federal pursuit of theft charges adds pressure on Chinese tech giant Huawei Technologies Co. by further involving the criminal-justice system in the fight against China’s alleged encroachment on intellectual property. It is the second case in four months where federal prosecutors have built criminal allegations on civil litigation, risking uncertain outcomes as a verdict isn’t guaranteed.........The Trump administration wants to use indictments, along with export controls and other policy tools, as part of an arsenal to counter Chinese theft of trade and technology secrets, which U.S. officials increasingly view as part of national security.....That has meant a more aggressive effort to convert corporate squabbles into criminal charges.....the entry of federal prosecutors ratchets up global attention and the stakes in what had until then been less noticed civil filings.....High-profile prosecutions are part of a range of weapons the U.S. can call on to shape global perceptions of China’s state-corporate behavior, as well as China’s perception of how its options might be dwindling.....Other tools include sanctioning exports and redefining “emerging technologies” as a national security concern.....“The U.S. will pursue critical Chinese companies in any form possible,” ...... “The U.S. is aiming at creating a kind of sinking feeling for China. That is, no matter what China does, there will still be new angles for the U.S. to contain it.”.....an advantage of using the justice system is that it makes it difficult for China to feign ignorance when faced with a barrage of detailed allegations and corroboration.
China  criminal_justice  Department_of_Justice  hackers  Huawei  intellectual_property  legal_strategies  policy_tools  theft  trade_secrets  security_&_intelligence 
january 2019 by jerryking
Big Tech in hiring spree for looming antitrust battles | Financial Times
Kiran Stacey in Washington DECEMBER 23, 2018 Print this page6
Big technology and telecoms companies have embarked on a hiring spree of former antitrust officials as their industries gear up for what experts warn could be an “existential” battle over whether they should be broken up.

In the last few months, Facebook, Amazon and AT&T have all hired senior antitrust officials from the US Department of Justice as they confront a new generation of regulators who are interested in preventing concentrations of economic power......Many of the biggest US technology companies have endured a difficult year, facing allegations of not protecting customer data, failing to prevent Russian interference in American democracy and showing political bias.

In response, several have beefed up their lobbying operations in Washington as they look to engage more with politicians, having previously preferred to operate under the radar. .....Experts say the hirings reflect a growing belief that competition policy could become the next significant political battleground....The European Commission has investigated US technology companies for alleged anti-competitive behaviour. Margrethe Vestager, the European Commissioner for Competition, is bringing cases against Google and is looking into Amazon.

Such cases have been more difficult to pursue in the US, where the law is focused more on whether anti-competitive behaviour is keeping prices artificially high.

A group of younger progressive regulators and politicians have argued in recent years, however, that technology companies that give their services away for free but dominate their markets should come in for as much attention.....Rohit Chopra, a Federal Trade Commissioner in his mid-30s, for example, recently hired Lina Khan, a 29-year-old policy thinker who has argued that large technology companies can both bring prices down and be harmful to society in general.
Amazon  antitrust  AT&T  Big_Tech  competition_policy  corporate_concentration  Department_of_Justice  FAANG  Facebook  FTC  hiring  Lina_Khan  lawyers  lobbying  market_power  market_concentration  monopolies  platforms  regulation  regulators  revolving_door  under_the_radar 
december 2018 by jerryking
How Should Antitrust Regulators Check Silicon Valley’s Ambitions? - The New York Times
By Hernan Cristerna
July 3, 2018

The question is: At what point should regulators step in to check the ambitions of the tech giants--Facebook, Amazon, Apple, Netflix and Google? Those five companies hold considerable influence over the internet......the United States needs an approach to merger regulation that protects consumers by supporting transactions that create enterprises capable of standing head-to-head with the tech giants.

The decision to allow AT&T to acquire Time Warner is a step in this direction. So was the decision to approve Disney’s purchase of much of 21st Century Fox.

In a rapidly transforming marketplace, regulators should enable incumbents to stand up to the largest tech companies that are using new technologies — such as cloud computing, big data and artificial intelligence — to upend existing industries.....
“Old economy” companies must be allowed to combine in order to increase their scale and innovation capabilities so that they are on a level playing field with the tech giants.....Regulators must now take notice of the verdict in the AT&T case so that they can calibrate their approach in the next round of transactions.
21st_Century_Fox  antitrust  regulation  regulators  platforms  Department_of_Justice  AT&T  Time_Warner  FAANG 
july 2018 by jerryking
The Future of Elite Schools in the Trump Era (and the Future of Blogging) - The Atlantic
James Fallows
3:05 PM / April 14, 2018

a message that came in from a reader in an elite-university college town. (OK: It’s New Haven.) He says that an under-appreciated aspect of Donald Trump’s war on expertise deserves further attention. .....From where I sit, the schools are woefully under-prepared for the Trump onslaught and I predict that they will get slammed and have to change their policies. To imagine what future Harvard classes will look like if the schools lose the court cases, look to what happened to Berkeley when they were constrained by Proposition 209 from considering using affirmative action policies-- the percentage of Asian American and White students increased, while Black and Latino representation decreased.

When I think about the rise of Trump, I believe that part of the blame should rest at the feet of Harvard, Yale and their peers.

Clinton, Bush, and Obama stacked their administration with graduates from these schools and the global economic system that they created (and profited from) had important flaws that hurt certain sectors of the US and provided fertile ground for Trump's dark vision of a sort of economic conspiracy holding back real Americans. As a group, they often were arrogant and felt that they knew best. Yet they also weren't smart enough to understand how the economic world that they created actually had some fundamental flaws that would come to threaten the elite global world view that they thought was inevitable.
James_Fallows  elitism  Ivy_League  Colleges_&_Universities  Red_states  Donald_Trump  expertise  Department_of_Justice  admissions 
april 2018 by jerryking
Disney Makes $52.4 Billion Deal for 21st Century Fox in Big Bet on Streaming
DEC. 14, 2017 | The New York Times | By BROOKS BARNES.

The Walt Disney Company said on Thursday that it had reached a deal to buy most of the assets of 21st Century Fox, the conglomerate controlled by Rupert Murdoch, in an all-stock transaction valued at roughly $52.4 billion.

While the agreement is subject to the approval of antitrust regulators — and the Justice Department recently moved to block a big media company from becoming even bigger — the once unthinkable acquisition promises to reshape Hollywood and Silicon Valley. It is the biggest counterattack from a traditional media company against the tech giants that have aggressively moved into the entertainment business.

Disney now has enough muscle to become a true competitor to Netflix, Apple, Amazon, Google and Facebook in the fast-growing realm of online video.
Disney  M&A  mergers_&_acquisitions  streaming  mass_media  antitrust  21st_Century_Fox  Department_of_Justice 
december 2017 by jerryking
Obama Gives Emotional Farewell Speech at Holder Event
Feb 27, 2015 | WSJ | By BYRON TAUand ANDREW GROSSMAN.

Mr. Obama pointed to “hundreds of terrorism convictions, the largest mafia take down in history, billion dollar financial fraud cases, long overdue reforms to our criminal justice system” as just some of Mr. Holder’s accomplishments in office.

“Thanks in part to Eric’s leadership, the overall crime rate and overall incarceration rate declined together for the first time in 40 years,” the president said. He also identified the Justice Department’s focus on civil rights, voting rights, hate crimes and human trafficking as notable areas of accomplishment.
Obama  Eric_Holder  Aretha_Franklin  Department_of_Justice  exits  incarceration  decline 
february 2015 by jerryking
Beyond Black Politics
March 14, 2008 | WSJ |By Abigail Thernstrom.
Perhaps the candidacy of Barack Obama can convince the black leadership, as well as the Justice Department attorneys and judges who enforce and interpret the Voting Rights Act, that it is time to move on. Barack Obama, in turning his back on the world of segregated politics, has shown the way forward.
African-Americans  Obama  leadership  Department_of_Justice 
august 2012 by jerryking
Crovitz: Justice Department Bites Apple - WSJ.com
April 22, 2012 | WSJ | By L. GORDON CROVITZ

Justice Department Bites Apple
The 30% revenue-share model is the company's standard practice, not the product of a conspiracy.
Apple  L._Gordon_Crovtiz  Department_of_Justice 
april 2012 by jerryking
U.S. Targets Insider Culture in Gupta Case - WSJ.com
OCTOBER 27, 2011 | WSJ | By MICHAEL ROTHFELD, SUSAN PULLIAM and S. MITRA KALITA. Gupta Case Targets Insider Culture
Gupta Indictment Shows New Twist in Crackdown; Case Is Gamble for Prosecutors
McKinsey  insider_trading  SEC  Wall_Street  prosecutors  Rajat_Gupta  P&G  Goldman_Sachs  Preet_Bharara  Department_of_Justice 
october 2011 by jerryking
U.S. Infiltrating Criminal Groups Across Mexico - NYTimes.com
October 24, 2011
U.S. Agencies Infiltrating Drug Cartels Across Mexico
By GINGER THOMPSON

the United States has opened new law enforcement and intelligence outposts across Mexico in recent years, Washington’s networks of informants have grown there as well...Typically, the officials said, Mexico is kept in the dark about the US’ contacts with its most secret informants — including Mexican law enforcement officers, elected officials and cartel operatives — partly because of concerns about corruption among the Mexican police, and partly because of laws prohibiting American security forces from operating on Mexican soil.
criminality  Mexico  organized_crime  cartels  drugs  DEA  security_&_intelligence  Department_of_Justice  infiltration  informants 
october 2011 by jerryking
What Any Goldman Settlement Might Entail - DealBook/White Collar Watch Blog - NYTimes.com
May 6, 2010 | NYT | by Peter J. Henning who's working on a
book, “The Prosecution and Defense of Public Corruption: The Law &
Legal Strategies,” by Oxford Univ. Press. What might it take for GS to
resolve its various lawsuits & inquiries? Threats? 3-fold: (1) SEC's
lawsuit; (2) a slew of private shareholder suits that largely piggyback
the S.E.C. claims; (3) a DoJ investigation. The SEC’s fraud case
presents the most immediate threat to GS, DoJ investigation could have
the greatest impact if it develops into a full-blown threat of
prosecution, while the private suits are of less importance as they pose
little if any threat to the GS’s continuing operations. For the SEC:
($=monetary penalties), appt. of an outside monitor to oversee GS’s
compliance with the terms of the settlement, require GS to appoint a
different person as chair; For the DoJ --difficult for GS to negotiate
some type of resolution; For Private Litigants there's whether the GS
board breached its fiduciary duty.
anticipating  books  corruption  Department_of_Justice  financial_penalties  Goldman_Sachs  legal  legal_strategies  SEC  think_threes  white-collar  white-collar_crime 
may 2010 by jerryking

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