Antitrust

In the United States, antitrust law is a collection of federal and state government laws that regulate the conduct and organization of business corporations and are generally intended to promote competition and prevent monopolies.

Source: en.wikipedia.org

Today In Payments: Police Allege Money Launderers Using Chinese eCommerce; Square Launches On-Demand Payroll
Today In Payments: Police Allege Money Launderers Using Chinese eCommerce; Square Launches On-Demand Payroll
September 16, 2020  |  News

In today’s top news, Chinese authorities have made several arrests alleging cybercriminals laundered $2 billion through faux eCommerce purchases, and Square announced the launch of...

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Spotify Slams New Apple One Service, Claims It’s Anticompetitive
Spotify Slams New Apple One Service, Claims It’s Anticompetitive
September 15, 2020  |  ANTITRUST

Spotify, the music streaming giant, criticized tech rival Apple over a new subscription bundle that allegedly favors the company’s own Apple Music service over others,...

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Facebook Could Face FTC Antitrust Suit By Year’s End
Facebook Could Face FTC Antitrust Suit By Year’s End
September 15, 2020  |  ANTITRUST

The Federal Trade Commission (FTC) is looking into potentially launching an antitrust lawsuit against Facebook over allegations that the social media giant has stifled competition,...

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New Chinese Rule Means Ant Group Must Set Aside At Least $731M And Register As Financial Holding Company
New Chinese Rule Means Ant Group Must Set Aside At Least $731M And Register As...
September 13, 2020  |  Regulation

New Chinese finance rules will force the Jack Ma-backed Ant Group to comply with regulations to back up any payments, lending or other finances with...

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Facebook’s Zuckerberg: Apple’s ‘Control’ Of App Store Should Be Examined
Facebook’s Zuckerberg: Apple’s ‘Control’ Of App Store Should Be Examined
September 09, 2020  |  ANTITRUST

Facebook CEO Mark Zuckerberg, speaking with “Axios on HBO,” said he believes Apple‘s App Store “deserves scrutiny.” “I think it’s probably about 50 percent of...

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German Cabinet Takes Aim At Big Tech’s Internet Presence
German Cabinet Takes Aim At Big Tech’s Internet Presence
September 09, 2020  |  ANTITRUST

Big Tech’s battles with European regulators continue to grow. The German cabinet on Wednesday (Sept. 9) approved draft legislation that would expand the powers of...

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Apple Seeks Punitive Damages In Battle Against Epic Games
Apple Seeks Punitive Damages In Battle Against Epic Games
September 09, 2020  |  Apple

Apple Inc. refuses to let the popular “Fortnite” video game maker gain any advantage in a California courtroom. The Wall Street Journal reports the Cupertino, California-based...

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Big Tech Compliance Tracker: Apple, Google, Amazon Boost UK Fees To Cover New Digital Tax; Amazon Gets FAA’s OK For Drone Delivery 
Big Tech Compliance Tracker: Apple, Google, Amazon Boost UK Fees To Cover New Digital Tax;...
September 08, 2020  |  Regulation

Here’s the latest news for Big Tech’s Google, Amazon, Apple and Facebook, which are coming under increasing scrutiny from legislators and regulators the world over....

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EU Regulators Eye Updating Antitrust Rules For eCommerce
EU Regulators Eye Updating Antitrust Rules For eCommerce
September 08, 2020  |  ANTITRUST

With the boom of eCommerce both before and during the pandemic, European Union regulators are taking another look at antitrust rules regarding internet sales and...

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