Current antitrust laws are “flexible enough” to handle issues caused by technology firms, said Makan Delrahim, assistant attorney general for the Antitrust Division of the U.S. Department of Justice, Reuters reported on Saturday (Nov. 9). “Some have suggested changing the antitrust laws, creating new agencies...
Facebook co-founder Chris Hughes, who wrote an op-ed in the New York Times earlier this year about the danger of Facebook’s dominance, has started a fund against monopolies. CNBC is reporting that the fund is worth $10 million and it’s an initiative of Hughes’ Economic...
Mexico’s eCommerce market is being investigated by the country’s antitrust agency, which on Thursday alleged potential monopoly tactics aimed at hurting smaller rivals. According to a report in Reuters, the Federal Economic Competition Commission (COFECE) issued a statement in which it said it was looking...
September 11, 2023
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 for enforcing competition laws in the European Union, delayed its decision on the deal due to the absence of crucial information from the involved companies, Reuters reported Monday (Sept. 11). The EC […]
November 10, 2019
Current antitrust laws are “flexible enough” to handle issues caused by technology firms, said Makan Delrahim, assistant attorney general for the Antitrust Division of the U.S. Department of Justice, Reuters...
October 17, 2019
Facebook co-founder Chris Hughes, who wrote an op-ed in the New York Times earlier this year about the danger of Facebook’s dominance, has started a fund against monopolies. CNBC is...
February 02, 2018
Mexico’s eCommerce market is being investigated by the country’s antitrust agency, which on Thursday alleged potential monopoly tactics aimed at hurting smaller rivals. According to a report in Reuters, the...
