Search Results for: antitrust

The Competition Commission of India (CCI) Friday initiated an antitrust inquiry into Alphabet Inc.’s alleged abuse of market dominance in news aggregation services. The inquiry was initiated by the antitrust regulator under Section 26(1) of India’s Competition Act in response to a complaint filed by the Digital News Publishers Association (DNPA) alleging that Alphabet Inc.’s search [...]

Attorney General Merrick Garland announced Monday steps to foster competition and protect consumers in the meatpacking and poultry industry amid national supply chain issues. Garland announced the new measures at President Biden’s roundtable meeting on “promoting competition and reducing prices in the meatpacking industry.” In the coming year, the Department of Justice (DOJ) will partner [...]

The Competition Commission of India (CCI) ordered Friday a detailed investigation against Apple over allegations that the commission policies of its App Store are anti-competitive. The order came after an NGO, Together We Fight Society, filed a plea alleging that Apple abused its dominant position in the market in violation of Section 4 of the [...]

The Authority for Consumers and Markets (ACM), the competition regulator of the Netherlands, Friday ruled that Apple’s commission policies on in-app payments violates the country’s competition law and ordered the company to adjust the payment policies of its App Store. In 2019, the ACM initiated an investigation on whether Apple’s practices amounted to an abuse [...]

The Autorità Garante della Concorrenza e del Mercato (AGCM), Italy’s competition authority, announced Thursday that it fined Amazon € 1,128 billion ($1.28 billion) for abusing its dominating market position and harming competitors in the e-commerce logistics industry. The AGCM said that Amazon provides merchants who use its logistics service, Fulfillment by Amazon (FBA), with advantages [...]

The US Federal Trade Commission Thursday sued to block Nvidia Corp’s $40 billion acquisition of Arm from SoftBank on antitrust grounds. The FTC said the proposed vertical deal would give one of the largest chip companies control over computing technology and designs that competitors rely on to develop their own competing chips. Arm is a [...]

Google suffered a significant defeat Wednesday in its appeal against a €2.42bn ($2.8bn) EU fine, a landmark ruling that is likely to strengthen the EU’s efforts as it seeks to regulate big technology companies. The decision relates to a 2017 ruling by the European Commission, where it was found that Alphabet, parent company to the [...]

Previously known as Facebook, tech giant Meta has found itself at the center of several recent scandals. The release of the Facebook papers revealed that the company knew, among several issues, about the mental health impact of Instagram on girls and the spread of misinformation during the latest US presidential election. From its decision to [...]

US Senators Democrat Amy Klobuchar and Republican Tom Cotton introduced Friday the Platform Competition and Opportunity Act to rein in anti-competitive acquisitions by big tech companies, adding to a series of bills this year aiming to regulate various aspects of the sector. The proposed bill makes it illegal for a “covered platform operator” to acquire [...]

The US Department of Justice (DOJ) sued Penguin Random House on Tuesday to block the publisher from acquiring Simon & Schuster, one of its closest competitors. Under the proposed acquisition, announced last year, the largest publisher in the US would purchase the fourth-largest publisher, creating the first megapublisher. Showing the Biden administration’s interest in regulating [...]