U.S. executives say they are worried that U.S., U.K. and European Union regulators are scheming to block transactions they dislike, even if they do not strictly fall under their domain. The criticism stems from recent deals that are being subject to more antitrust scrutiny than initially anticipated, like Nvidia-Arm, Illumina-Grail or Facebook-Giphy. Get the...
The U.S. Federal Trade Commission (FTC) is moving forward with an investigation into Amazon Web Services (AWS), the Amazon cloud computing business, over competition issues, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The U.K. Competition and Markets Authority (CMA) published an interim report on Tuesday (Dec. 14), that found Google and Apple “exercise a vice-like grip over mobile devices.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Apple is facing regulatory trouble in Poland over antitrust concerns related to the App Tracking Transparency for iOS, according to a Monday (Dec. 13) report from Apple Insider. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The U.S. Department of Justice (DOJ) is talking to Roblox and other game developers to determine whether Apple’s App Store rules are arbitrarily enforced in a way that harms competitors, The Information reported. Get the Full Story Complete the form to unlock this article and...
Italy’s antitrust authority fined Amazon.com and Apple, Inc., more than 200 million euros ($225 million) for alleged anti-competitive cooperation related to the sales of Apple and Beats products, according to a Reuters report Tuesday (Nov. 23). Get the Full Story Complete the form to unlock...
Several Chinese companies, including Alibaba, Baidu and JD.com will have $78,000 in fines levied against them stemming from 43 acquisitions that were said to breach the country’s anti-monopoly regulations, according to a Reuters report. Get the Full Story Complete the form to unlock this article...
European Union lawmakers are moving forward with a plan to target Big Tech companies’ anticompetitive practices, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In the latest chapter of a struggle involving an Indian retailer, the independent directors of Future Retail have asked the Competition Commission of India (CCI), the country’s antitrust body, to revoke its approval of a 2019 deal in which Amazon purchased 49% of one of...
