ANTITRUST

ANTITRUST
Big Tech CEOs Head To Washington July 27 To Testify In Antitrust Probe
July 06, 2020

The CEOs of Amazon, Apple, Facebook and Google parent Alphabet will all appear before Congress this month as part of a governmental probe into their companies, Reuters reported, citing a statement from the House Judiciary Antitrust Subcommittee. Get the Full Story Complete the form to...

ANTITRUST
EU Questions Rivals About Competition Concerns In Google-Fitbit Deal
July 02, 2020

European regulators are investigating Google’s proposed $2.1 billion takeover of Fitbit, the San Francisco-based wearable technology maker, the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

ANTITRUST
Amazon, Google, Facebook, Apple CEOs To Face Congress
July 02, 2020

The CEOs of the world’s four biggest technology companies will testify later this month before the House Judiciary Committee as lawmakers investigate competition in the tech industry, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

ANTITRUST
New EU Rules Target Google For Anti-Competitive Practices
July 01, 2020

The European Union (EU) has leveled new rules against Google in a bid to help rein in the tech giant, including regulations on data sharing and the operation of digital marketplaces, Reuters reported. Get the Full Story Complete the form to unlock this article and...

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EU Regulators To Decide On Mastercard’s $3.2B Nets Bid By Aug. 3
June 30, 2020

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. Get the...

ANTITRUST
Facebook, Cielo Ask Brazilian Watchdog To Allow WhatsApp Payments
June 29, 2020

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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DOJ Nearing Decision On Antitrust Suit Against Google
June 26, 2020

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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UK’s Competition Regulator Digs Further Into StubHub-Viagogo Merger
June 25, 2020

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Amazon Deliveroo Deal Cleared By UK Authorities
June 24, 2020

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...