Antitrust

In the United States, antitrust law is a collection of federal and state government laws that regulate the conduct and organization of business corporations and are generally intended to promote competition and prevent monopolies.

Source: en.wikipedia.org

EU Competition Officials Say Regulatory Tools Can Be Used in Metaverse

EU Competition Officials Say Regulatory Tools Can Be Used in Metaverse
EU Competition Officials Say Regulatory Tools Can Be Used in Metaverse
October 19, 2022  |  Metaverse

Will metaverse markets be ones in which consumers and businesses can participate freely or ones in which dominant platforms and companies can control access and...

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Meta Will Jettison Giphy Following CMA Ruling
Meta Will Jettison Giphy Following CMA Ruling
October 18, 2022  |  ANTITRUST

Meta Platforms says it will sell the GIF generator Giphy following an order from the U.K.’s Competition and Markets Authority Tuesday (Oct. 18). Get the...

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Beyond EU, Regulators Move to Rein in Big Tech Dominance in Africa
Beyond EU, Regulators Move to Rein in Big Tech Dominance in Africa
October 11, 2022  |  Big Tech

From the $1.7 billion AdSense antitrust fine levied against Google in 2019 and the nearly $887 million privacy fine Amazon was issued last July, to...

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Italian Court Cancels $169M Fine Against Apple, Amazon
Italian Court Cancels $169M Fine Against Apple, Amazon
October 03, 2022  |  Legal

An Italian court has overruled a $169 million (€173 million) fine that the country’s antitrust authority levied against Apple and Amazon. Get the Full Story...

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Amazon Says UK Seller Roster Grew 25% in 2021
Amazon Says UK Seller Roster Grew 25% in 2021
October 02, 2022  |  eCommerce

The number of small- and medium-sized businesses in Britain selling over Amazon increased by more than 25 percent in 2021 — a growth rate far...

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House Approves Scaled-Down Bipartisan Bill Targeting Big Tech Mergers
House Approves Scaled-Down Bipartisan Bill Targeting Big Tech Mergers
September 30, 2022  |  ANTITRUST

A bipartisan bill targeting Big Tech dominance passed the House of Representatives by a 242-184 vote on Thursday (Sept. 29) but in a scaled-down version...

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NFT-Personalized Debit Cards Make Debut
NFT-Personalized Debit Cards Make Debut
September 27, 2022  |  NFTs

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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The Anti-Monopoly Campaigners Taking On Big Tech in Europe
The Anti-Monopoly Campaigners Taking On Big Tech in Europe
September 21, 2022  |  Big Tech

Under Ursula von der Leyen’s presidency, the European Commission (EC) has moved to firm up what she refers to as “tech sovereignty.” Get the Full...

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FTC Chair Says Agency Needs More Resources for Antitrust Enforcement
FTC Chair Says Agency Needs More Resources for Antitrust Enforcement
September 21, 2022  |  ANTITRUST

In what is said to be a departure from the agency’s tradition, the written testimony presented by the chair of the Federal Trade Commission (FTC)...

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