European Union antitrust regulators said they have found new evidence in an investigation into Apple prompted by streaming music rival Spotify. Regulators are hoping the new evidence will speed up the case, but that does not mean that Apple will face additional charges, Reuters reported...
A 2018 internal memo written for Meta Platforms CEO Mark Zuckerberg and other company executives shows that Facebook was more concerned about business threats caused by its Instagram and WhatsApp apps and additional internal products than it was about competition with other social media platforms....
Poland’s Office of Competition and Consumer Protection (UOKiK), its antimonopoly office, announced Monday (July 18) that it has filed charges against five banks that it says acted against consumers’ interests. This comes after a yearlong investigation, per Reuters. The banks charged with “infringing the collective...
Meta’s purchase of the GIF search engine Giphy will be sent back to the U.K. antitrust regulator for a further review after a court flagged concerns with the agency’s initial investigation. The ruling, made public Monday (July 18), comes after the Competition and Markets Authority...
A court ruling in the European Union (EU) giving Brussels the jurisdiction to investigate life sciences firm Illumina’s $8 billion takeover bid of biotech company Grail could set a precedent granting regulators wider oversight of deals regardless of the revenue and other particulars. The General...
A new U.S. antitrust bill targeting Big Tech companies might be doomed to stay in the Senate if it doesn’t pass before Congress’ summer recess, Seeking Alpha reported Sunday (July 10). Called the American Innovation and Choice Online Act, it was intended to cut back...
Google has offered to make several concessions to stave off a possible Department of Justice (DOJ) antitrust lawsuit tied to its ad-tech business, The Wall Street Journal (WSJ) reported Friday (July 8). The tech giant has proposed dividing portions of its business that auctions and...
The Competition and Markets Authority (CMA), the U.K.’s antitrust watchdog, is looking into Microsoft’s deal to buy Activision Blizzard for $68.7 billion, Reuters reported Wednesday (July 6), looking at whether this would cut competition in the country. The deal, which was announced in January and...
Germany’s Delivery Hero and its Spanish business Glovo were raided by European Union antitrust regulators, the online food ordering companies said Wednesday (July 6). As Reuters reported, the raid came after the European Commission said online food and grocery delivery firms in two European nations...
