Cigarette maker Altria, the company that produces Marlboro, has made an investment in electronic cigarette company Juul Labs, but certain aspects of the deal are frozen due to an ongoing probe by the Federal Trade Commission (FTC), according to a report by The Wall Street Journal....
The Federal Antimonopoly Service (FAS) in Russia has opened a probe into hospitality and reservation site Booking.com over anti-competition issues, according to a report by Reuters. According to the regulator, Booking.com asked other hotels and hostels to list the same prices on other reservation sites...
Amazon’s investment of around $500 million for a minority stake in food delivery startup Deliveroo is being investigated by the U.K. Competition and Markets Authority (CMA) over potential anti-competition issues, according to a report by Bloomberg. The move signals that Big Tech companies and their...
Live Nation Entertainment reached a deal with the government, resolving concerns that the company had violated a 2010 antitrust settlement. Under the consent decree issued by the Department of Justice (DOJ), Live Nation merged with Ticketmaster, agreeing to conditions that kept competition alive in the...
The U.K. watchdog Competition & Markets Authority (CMA) is questioning Google’s purchase of the analytics firm Looker Data Sciences and is launching an initial investigation, the Associated Press (AP) reported on Tuesday (Dec. 17). The CMA informed both firms that an inquiry was underway and...
The U.S. Department of Justice (DOJ) is looking into Google’s online shopping conduct as part of its broader antitrust probe, Bloomberg reported Friday (Dec. 13). Richard Stables, the CEO of London-based online shopping comparison site Kelkoo Group, said he spent time with DOJ officials to...
U.S. Attorney General William Barr said that he wants the government probes into big tech companies completed by 2020, according to a report Tuesday (Dec. 9) by Reuters. The Justice Department probes into Apple, Google, Facebook and Amazon involve antitrust issues as well as concerns...
A group of state attorneys general are getting set to fight against the T-Mobile and Sprint merger in an unprecedented federal trial. Sprint and T-Mobile announced the $26 billion deal last year. The all-stock deal has T-Mobile exchanging 9.75 Sprint shares for each T-Mobile share. T-Mobile parent...
If microchip supplier Qualcomm wins its case on appeal, the cost of connected cars using 5G technology will skyrocket, automakers and suppliers said in court filings on Friday (Nov. 29), Reuters reported. Judge Lucy Koh ruled in May that Qualcomm, the world’s largest supplier of...
