The European Commission’s antitrust regulators are poised to rule on whether Mastercard’s $3.2 billion bid for part of the Scandinavian payments company Nets can go through. Mastercard wants to buy three divisions of Nets, including the ones dealing with instant payments and Billing. In an...
Facebook and Cielo are requesting that Cade, Brazil’s antitrust watchdog, overturn the suspension of WhatsApp‘s payment system rollout in the country, Reuters reported. The companies argued that their agreements are not exclusive, and other countries would be allowed to forge agreements with WhatsApp as well....
The U.S. Department of Justice (DOJ) is nearing the end of its antitrust investigation of Alphabet Inc’s Google as it considers whether to charge the tech giant this summer, Reuters reported. Federal investigators have asked Google’s competitors to provide details about the alleged abuse of...
Britain’s Competition and Markets Authority (CMA) is taking a closer look into how the possible $4 billion merger of StubHub and Viagogo will affect competition, the Financial Times (FT) reported. The CMA said it found the combination could bring about “a substantial lessening of competition”...
A year-long investigation into Amazon’s investment in Deliveroo, the U.K. food delivery service, has ended in favor of the world’s largest online marketplace. The Competition and Markets Authority (CMA), the country’s competition watchdog, has ruled that the deal will not hurt shoppers, the Financial Times reported. On...
The Department of Justice (DOJ) and a group of state attorneys general are looking to meet soon to discuss an antitrust lawsuit against Google, sources told The Wall Street Journal (WSJ). The meeting will be virtual and address the allegation that Google has used its...
European Union (EU) antitrust regulators will decide by July 20 whether to approve Google’s $2.1 billion bid for Fitbit, the California fitness tracker company, Reuters reported. Google sought EU approval this week, according to a filing on the European Commission website, the news service reported. It’s...
Amazon is left cooling its heels again in its bid to buy a piece of Deliveroo, a top food delivery service in the United Kingdom. Britain’s Competition and Markets Authority (CMA) on Wednesday (June 10) announced that it would push off for two months a...
Alphabet Inc.’s Google is facing an investigation over potential antitrust violations by 50 of the nation’s state attorneys general led by Texas, CNBC reported. Critics allege Google bundles its ad tools in a way that rivals can’t match, and its combination of search results, YouTube,...
