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

India’s Flipkart Under Scrutiny Again Over Antitrust Issues
India’s Flipkart Under Scrutiny Again Over Antitrust Issues
March 05, 2020  |  ANTITRUST

Walmart’s Flipkart is facing yet another antitrust probe in India following a request by an appellate tribunal to look into whether the company took advantage...

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CMA Chair Says Regulation On Big Digital Mergers Has Been Lax
CMA Chair Says Regulation On Big Digital Mergers Has Been Lax
March 03, 2020  |  ANTITRUST

Andrew Tyrie, chairman of the Competition and Markets Authority (CMA), a competition regulator in the U.K., said his fellow regulators have been too soft on...

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Today In Payments: Apple Parts Maker Foxconn Back To Work In China; Two Chinese Nationals Laundered $100M In Crypto
Today In Payments: Apple Parts Maker Foxconn Back To Work In China; Two Chinese Nationals...
March 03, 2020  |  News

In today’s top news, Apple manufacturer and supplier Foxconn has returned to production, the Department of Justice charged two Chinese nationals with laundering over $100...

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Intuit Bid For Credit Karma Triggers Antitrust Worries
Intuit Bid For Credit Karma Triggers Antitrust Worries
March 02, 2020  |  Acquiring

Intuit’s TurboTax announced on Monday (March 2) that it is buying personal finance website Credit Karma for about $7.1 billion in cash and stock, according...

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Teamsters Join Push For FTC Antitrust Probe Of Amazon
Teamsters Join Push For FTC Antitrust Probe Of Amazon
March 01, 2020  |  Amazon

A coalition of some of the largest labor unions — including the International Brotherhood of Teamsters — has officially petitioned the Federal Trade Commission (FTC)...

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Japan Regulators Want Rakuten To Shelve Free Shipping Offer
Japan Regulators Want Rakuten To Shelve Free Shipping Offer
February 28, 2020  |  Retail

The Fair Trade Commission in Japan (JFTC) has asked eCommerce company Rakuten to delay its plans to offer free shipping, which would take effect on...

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EU Antitrust Chief Backs Gig Workers
EU Antitrust Chief Backs Gig Workers
February 28, 2020  |  Gig Economy

Uber‘s drivers and takeout delivery workers have found allies in the European Union (EU), as its antitrust chief wants to help them fight for better...

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Rent-To-Own Companies Settle Antitrust Case With FTC
Rent-To-Own Companies Settle Antitrust Case With FTC
February 21, 2020  |  ANTITRUST

Rent-to-own (RTO) companies Rent-A-Center, Buddy’s and Aaron’s have all settled a case with the Federal Trade Commission (FTC) alleging they made reciprocal non-competition deals with...

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Apple Considers Letting Users Change Default Apps
Apple Considers Letting Users Change Default Apps
February 21, 2020  |  Apple

Apple is considering a move to allow users to change their default settings to third-party apps, Bloomberg reported on Thursday (Feb. 20). Reacting to mounting...

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