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

Report: Apple Accused of Abusing App Store Position in India
Report: Apple Accused of Abusing App Store Position in India
July 14, 2024  |  Apple

India’s antitrust watchdog says Apple abused its dominant place in the app store market. That’s according to a report Friday (July 12) by Reuters, citing...

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Apple Opens Payments Tech to Avoid EU Fine
Apple Opens Payments Tech to Avoid EU Fine
July 11, 2024  |  Apple

Apple has agreed to open its mobile wallet tech to rivals, thus avoiding fines in Europe. The agreement, announced by the European Union (EU) Thursday...

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Apple and Microsoft Step Back from OpenAI Board
Apple and Microsoft Step Back from OpenAI Board
July 10, 2024  |  Big Tech

Apple and Microsoft are reportedly relinquishing their non-voting seats on OpenAI’s board. That’s according to a report Wednesday (July 10) from the Financial Times (FT),...

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Delivery Hero Faces $433 Million EU Antitrust Fine
Delivery Hero Faces $433 Million EU Antitrust Fine
July 08, 2024  |  ANTITRUST

Germany’s Delivery Hero says it may face a “significant” fine over alleged antitrust violations. The online delivery service warned of the potential $433 million fine in a statement on...

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Visa and Mastercard Will Keep EU Tourist Fee Cap 5 More Years
Visa and Mastercard Will Keep EU Tourist Fee Cap 5 More Years
July 05, 2024  |  Credit Cards

Visa and Mastercard have reportedly agreed to extend caps on tourist card fees in Europe. As Reuters reported Friday (July 5), the card companies and European Union regulators...

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Global AI Regulation Heats Up: France Targets Nvidia, California Proposes Safety Rules and US Senators Challenge FCC on Political Ads
Global AI Regulation Heats Up: France Targets Nvidia, California Proposes Safety Rules and US Senators...
July 02, 2024  |  artificial intelligence

Governments and regulators worldwide are scrambling to address the rapid rise of artificial intelligence (AI) technology. From France’s antitrust investigation into Nvidia to California’s new...

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Report: Nvidia Target of French Antitrust Charges
Report: Nvidia Target of French Antitrust Charges
July 01, 2024  |  ANTITRUST

Chipmaker Nvidia is reportedly about to be charged with antitrust violations in France. The French competition authority’s pending charges would follow a raid on Nvidia’s...

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European Commission Takes Closer Look at Microsoft-OpenAI Ties
European Commission Takes Closer Look at Microsoft-OpenAI Ties
June 28, 2024  |  Big Tech

The European Commission is taking a closer look at the ties between Microsoft and OpenAI. The regulator is sending a follow-up request for information “to...

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Microsoft’s Teams Accused of Violating EU Antitrust Rules
Microsoft’s Teams Accused of Violating EU Antitrust Rules
June 25, 2024  |  ANTITRUST

European regulators say Microsoft’s Teams may have breached its antitrust rules through “possibly abusive” practices. The European Commission (EC) said Tuesday (June 25) that a...

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