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

Dutch Competition Probe Into Payment Apps Centers On Apple Pay
Dutch Competition Probe Into Payment Apps Centers On Apple Pay
December 04, 2020  |  ANTITRUST

Dutch antitrust regulators have launched an investigation into freedom of choice regarding payment apps and is eyeing Apple Pay’s limitations, Bloomberg reported. The Netherlands Authority...

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Apple’s NFC Practices Draw Scrutiny From Dutch Regulators
Apple’s NFC Practices Draw Scrutiny From Dutch Regulators
December 04, 2020  |  Regulation

For Big Tech, a reckoning may be near for near-field communications. To that end, Apple is facing more scrutiny centered on its payments ecosystem, and...

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Regulators’ Probes, Looming Lawsuits Target Facebook Over Antitrust Issues
Regulators’ Probes, Looming Lawsuits Target Facebook Over Antitrust Issues
December 03, 2020  |  ANTITRUST

U.S. regulators are eyeing complaints that Facebook is muscling out the competition in the virtual reality area, as more than 40 states gear up to...

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India To Cap FinTech Payments Volumes At 30 Pct
India To Cap FinTech Payments Volumes At 30 Pct
December 01, 2020  |  ANTITRUST

India, in a bid to curb antitrust concerns, is trying a new strategy, putting a 30 percent cap on what a single player can grab...

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EU’s Vestager Looks To Curb Power Of Fast-Growing Tech Platforms
EU’s Vestager Looks To Curb Power Of Fast-Growing Tech Platforms
December 01, 2020  |  Regulation

European Union competition watchdogs are looking to not only rein in today’s Big Tech online platforms, but also create rules that would prevent new companies...

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Groups Push Biden To Shun Big-Tech Execs In New Administration
Groups Push Biden To Shun Big-Tech Execs In New Administration
November 30, 2020  |  ANTITRUST

U.S. President-elect Joe Biden has been urged by 32 antitrust consumer advocates and labor experts not to let Big Tech influence his administration, Reuters reported....

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UK Digital Markets Unit To Tighten, Enforce Big Tech Competition Rules
UK Digital Markets Unit To Tighten, Enforce Big Tech Competition Rules
November 29, 2020  |  Regulation

The British government is establishing a new Digital Markets Unit tasked with enforcing laws that apply to Big Tech companies, such as Google and Facebook,...

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EU Digital Chief: Tech Firms That Break New Rules Face Fines, Break Up
EU Digital Chief: Tech Firms That Break New Rules Face Fines, Break Up
November 26, 2020  |  International

Thierry Breton, EU’s digital chief, says tech giants breaking the bloc’s new rules could face fines or more severe punishments like breaking up their European...

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Credit Karma To Divest Tax Unit To Square In $7.1B Merger With Intuit
Credit Karma To Divest Tax Unit To Square In $7.1B Merger With Intuit
November 25, 2020  |  Partnerships / Acquisitions

The Department of Justice is requiring Credit Karma to divest its tax business to Square as part of Intuit’s $7.1 billion proposed takeover of Credit...

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