Germany’s Delivery Hero says it may face a “significant” fine over alleged antitrust violations. The online delivery service warned of the potential $433 million fine in a statement on its website Sunday (July 7). The fine would be “for alleged anti-competitive agreement to share national markets, exchanges of commercially...
Chipmaker Nvidia is reportedly about to be charged with antitrust violations in France. The French competition authority’s pending charges would follow a raid on Nvidia’s offices last year, Reuters reported Monday (July 1), citing sources familiar with the matter. Nvidia has seen its fortunes bloom...
European regulators say Microsoft’s Teams may have breached its antitrust rules through “possibly abusive” practices. The European Commission (EC) said Tuesday (June 25) that a preliminary investigation found that the tech giant had violated competition rules by bundling Teams — its messaging and conferencing offering...
Discover’s Pulse Network has settled a 10-year-old antitrust suit against Visa. Pulse had accused Visa of preventing competition in the debit card network services market, thus raising fees for merchants. The two companies revealed their agreement in a court filing Friday (June 14), flagged in...
Four more states have joined the Department of Justice’s civil antitrust lawsuit alleging that Apple monopolizes smartphone markets. The attorneys general of Indiana, Massachusetts, Nevada and Washington joined 15 other states, the District of Columbia and the DOJ as co-plaintiffs in the suit, the Justice...
Lobbyists representing U.S. tech giants reportedly asked India to reexamine a proposed antitrust law. The companies said regulations forbidding data use and preferential treatment of partners could drive up user costs, Reuters reported Tuesday (May 28), citing a letter from a lobbying group representing Amazon,...
Live Nation reportedly may be facing an antitrust lawsuit as early as May. The Justice Department is preparing to sue the concert promotion and ticketing company after investigating its size and negotiating power in its field, The Wall Street Journal (WSJ) reported Monday (April 15). The suit...
Epic Games proposed Thursday (April 11) that a federal judge require Google to allow greater competition in the distribution of apps for the Android mobile platform. This proposal, which was put forward in a court filing, follows a jury verdict in December 2023 that found...
A now-abandoned deal between two food delivery giants got the attention of Singapore’s competition watchdog. The Competition and Consumer Commission of Singapore (CCCS) said Monday (April 1) that it opened an investigation into Singapore-based delivery/ride-hailing giant Grab Holdings’ plans to acquire Delivery Hero’s business in Southeast Asia. “At the time, CCCS...
