President Trump’s White House is considering an executive order that would force federal antitrust and law enforcement agencies to look into the practices of Big Tech social media companies like Google and Facebook, reported Bloomberg. According to a report in Bloomberg citing a draft of the...
In antitrust matters – and specifically in the tech realm – size may not matter all that much. And the biggest of the big tech players should not be singled out due to scale and reach. News came this week from Bloomberg reports that Makan Delrahim,...
The European Commission announced on Tuesday (July 24) that it fined, in four separate decisions, consumer electronics manufacturers Asus, Denon & Marantz, Philips and Pioneer for breaching EU competition rules. In a press release, the European Commission accused those companies of imposing fixed or minimum...
Is a green light flashing for dealmaking in tech land, allowing large firms to easily snatch up smaller ones? There’s a verbal assent in place, according to the The Financial Times, that U.S. Justice Department’s Antitrust Chief Makan Delrahim sees value from such transactions. Delrahim...
Amazon Japan revealed news on Thursday (March 15) that its offices were raided by Japan’s fair trade regulator. Reuters, citing an Amazon Japan spokesperson, reported that the Fair Trade Commission raided the office over suspicions that the company was engaged in antitrust behaviors. The Amazon...
American Express’s card rules for merchants prompted debate at the Supreme Court Monday, as the justices considered whether to revive a government antitrust lawsuit challenging the company’s approach, reported The Wall Street Journal. As reported by Competition Policy International on Monday (Feb. 26), the case...
Joseph Simons, a retired partner at Paul, Weiss, Rifkind, Wharton & Garrison, LLP, is President Donald Trump’s pick to head up the Federal Trade Commission, and would pick up enforcement of antitrust under his charge. Simon was nominated to replace acting Chairwoman Maureen Ohlhausen. According...
Oh, Canada, Open Banking and finTech innovation? No frozen landscape there, if regulators look toward a recent study of competition (and cooperation) across payments stakeholders. Plus, bitcoin gets no credit while the CFPB scores a point on the (make the in the) courts.
Mexico’s eCommerce market is being investigated by the country’s antitrust agency, which on Thursday alleged potential monopoly tactics aimed at hurting smaller rivals. According to a report in Reuters, the Federal Economic Competition Commission (COFECE) issued a statement in which it said it was looking...
