Competition

Report: Amazon Accused of Using Secret Algorithm to Raise Prices
Report: Amazon Accused of Using Secret Algorithm to Raise Prices
October 03, 2023  |  Amazon

The Federal Trade Commission (FTC) has reportedly alleged that Amazon used a secret algorithm code-named “Project Nessie” to test the limits of price increases while ensuring competitors would...

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Google Defends Position on First Day of Antitrust Trial
Google Defends Position on First Day of Antitrust Trial
September 12, 2023  |  Legal

During a high-stakes antitrust trial, a Google lawyer, John Schmidtlein, reportedly said that companies choose Google as their default search engine not because of a lack of competition...

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European Commission Delays Decision on Amazon’s Acquisition of iRobot
European Commission Delays Decision on Amazon’s Acquisition of iRobot
September 11, 2023  |  Acquisitions

European Union (EU) antitrust regulators have reportedly put a temporary halt to their investigation into Amazon‘s $1.7 billion acquisition of robot vacuum cleaner maker iRobot. The European Commission (EC), responsible...

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Microsoft to Unbundle Teams From Office in EU to Address Antitrust Concerns
Microsoft to Unbundle Teams From Office in EU to Address Antitrust Concerns
August 31, 2023  |  Regulation

Microsoft has announced plans to unbundle its Teams software from its Office suite in Europe in response to concerns raised in an antitrust investigation by the...

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Apple and Amazon Fined $218 Million by Spain’s Antitrust Watchdog
Apple and Amazon Fined $218 Million by Spain’s Antitrust Watchdog
July 18, 2023  |  Legal

Apple and Amazon have been fined $218 million for allegedly colluding to block competition on Amazon’s Spanish website. That fine was announced Tuesday by the CNMC, Spain’s antitrust watchdog, which accuses...

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South Korea OKs First Banking Expansion in 30 Years
South Korea OKs First Banking Expansion in 30 Years
July 05, 2023  |  Bank Regulation

South Korea has launched a major expansion of its banking sector, currently dominated by just five lenders. The country’s Financial Services Commission (FSC) announced Wednesday...

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Google’s Latest AI Plans: Incorporating AI into 25 Products
Google’s Latest AI Plans: Incorporating AI into 25 Products
May 31, 2023  |  artificial intelligence

Google has been making waves in the tech industry with its latest artificial intelligence (AI) plans, which include integrating AI into 25 products, such as...

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German Antitrust Authority Expands Amazon Probe
German Antitrust Authority Expands Amazon Probe
November 14, 2022  |  Amazon

Germany’s competition watchdog, the Bundeskartellamt (BKartA) announced on Monday (Nov. 14) that it has extended two ongoing proceedings against Amazon to make use of an...

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UK Scrutinizes Amazon, Google, Microsoft Over Competition in Cloud Market
UK Scrutinizes Amazon, Google, Microsoft Over Competition in Cloud Market
September 25, 2022  |  Big Tech

The U.K. has begun probing the cloud market to see whether Amazon, Microsoft and Google are stifling competition and innovation. Amazon Web Services (AWS), Microsoft...

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