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

Chinese Antitrust Watchdog May Hit Meituan With $1B Penalty
Chinese Antitrust Watchdog May Hit Meituan With $1B Penalty
August 06, 2021  |  International

Amid stepped-up regulatory scrutiny of Big Tech firms in China, the country’s antitrust watchdog is reportedly getting ready to hit food delivery platform Meituan with...

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EU To Investigate Facebook’s Proposed Buy Of Kustomer Over Antitrust Concerns
EU To Investigate Facebook’s Proposed Buy Of Kustomer Over Antitrust Concerns
August 02, 2021  |  ANTITRUST

The European Commission has opened an investigation into the proposed acquisition of Kustomer by social media giant Facebook, according to a press release. The concern...

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Musk Calls Apple’s App Store Fees A ‘Tax,’ Backs Epic Games
Musk Calls Apple’s App Store Fees A ‘Tax,’ Backs Epic Games
August 01, 2021  |  Apple

Elon Musk has thrown his hat in the ring in the ongoing legal battle between tech giant Apple and Epic Games, which makes the ultra-popular...

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Flipkart, Amazon Solicit India’s Court To Cease Requests For Sensitive Info
Flipkart, Amazon Solicit India’s Court To Cease Requests For Sensitive Info
July 29, 2021  |  ANTITRUST

India’s highest court is planning to hear concerns from Amazon and Walmart’s Flipkart that claim the country’s antitrust inquiries have been demanding confidential data, Reuters...

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FTC Sees Most Merger Filings In 2 Decades, Chair Says
FTC Sees Most Merger Filings In 2 Decades, Chair Says
July 28, 2021  |  ANTITRUST

The Federal Trade Commission (FTC) is dealing with a rise in mergers that has amounted to the highest number of filings in 20 years, Bloomberg...

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FTC Members Question Changes To Panel’s Powers
FTC Members Question Changes To Panel’s Powers
July 28, 2021  |  Regulation

A house hearing Wednesday regarding the Federal Trade Commission (FTC) has seen some Republican members disagreeing with how the administration is evolving, The Financial Times...

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EU Readies Probe Into Facebook Kustomer Purchase
EU Readies Probe Into Facebook Kustomer Purchase
July 23, 2021  |  ANTITRUST

The European Union is set to launch an antitrust investigation into Facebook’s acquisition of customer service startup Kustomer. As Reuters reported Friday (July 23), citing...

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Today In Payments Around The World: Reliance Jio, Google Team To Provide Low-Cost Smartphones; EU Sets Date For Decision On Google’s Challenge To $2.8B Fine
Today In Payments Around The World: Reliance Jio, Google Team To Provide Low-Cost Smartphones; EU...
July 21, 2021  |  International

In today’s top payments news around the world, Google and Reliance Jio are said to be teaming to provide Android smartphones to consumers in India,...

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Big Tech Critic Jonathan Kanter Nominated By Biden For DOJ Antitrust Job
Big Tech Critic Jonathan Kanter Nominated By Biden For DOJ Antitrust Job
July 20, 2021  |  ANTITRUST

Jonathan Kanter, a Google critic and progressive favorite, will lead President Joe Biden’s Justice Department antitrust division, CNBC writes. This could be perceived as bad...

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