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: Affirm Preps For IPO; China Considers Alipay, WeChat Pay Antitrust Probe
Today In Payments: Affirm Preps For IPO; China Considers Alipay, WeChat Pay Antitrust Probe
July 31, 2020  |  News

In today’s top news, Affirm is eyeing an IPO that could reach $10 billion, and Alipay and WeChat face an antitrust probe by China’s antitrust...

READ MORE >
Big Tech CEOs Didn’t Win Over Congress At Hearing
Big Tech CEOs Didn’t Win Over Congress At Hearing
July 30, 2020  |  ANTITRUST

The big day finally came — the CEOs of Amazon, Apple, Facebook and Google‘s parent, Alphabet, sat in front of lawmakers (at least virtually) and...

READ MORE >
Telegram Adds To Apple’s EU Antitrust Allegations
Telegram Adds To Apple’s EU Antitrust Allegations
July 30, 2020  |  ANTITRUST

Apple Inc. is facing another antitrust complaint.  Telegram, the cloud-based messaging app with more than 400 million users, said that in 2016, Apple restricted the...

READ MORE >
Today In Payments: Visa Sees Gains In Online, Contactless Transactions In Q2; Starbucks Rewards Members Drop To 16.3M
Today In Payments: Visa Sees Gains In Online, Contactless Transactions In Q2; Starbucks Rewards Members...
July 29, 2020  |  News

In today’s top news, Visa reported mixed Q2 earnings, and Starbucks reported a drop in rewards members in its Q3 earnings. Plus, Mastercard offers concessions...

READ MORE >
What To Expect From Big Tech’s Fab Four Capitol Hill Grill
What To Expect From Big Tech’s Fab Four Capitol Hill Grill
July 29, 2020  |  ANTITRUST

And now, on a big digital stage, in real time — the fab four. Of Big Tech, that is — so, perhaps, depending on what...

READ MORE >
Zuckerberg: Competition Pushes Facebook To Innovate
Zuckerberg: Competition Pushes Facebook To Innovate
July 28, 2020  |  Facebook

Facebook CEO Mark Zuckerberg’s speech for the antitrust hearing before Congress on Wednesday (July 29) touts his company’s mission as one of connectivity, boosted by...

READ MORE >
Apple’s App Store Commissions, Practices Called Into Question
Apple’s App Store Commissions, Practices Called Into Question
July 28, 2020  |  Apple

Capitol Hill lawmakers will likely have questions for Apple Inc. CEO Tim Cook when he appears before a House panel on Wednesday (July 29) amid...

READ MORE >
Mastercard Says It Will Bend To Win EU Approval For Nets Deal
Mastercard Says It Will Bend To Win EU Approval For Nets Deal
July 28, 2020  |  Mastercard

Mastercard Inc. is offering concessions in an effort to defuse the European Union’s antitrust concerns about its planned acquisition of Nets Group, the Scandinavian payment...

READ MORE >
Facebook Wins Temporary Reprieve From EU Competition Probe
Facebook Wins Temporary Reprieve From EU Competition Probe
July 28, 2020  |  Facebook

Potential overreach by European Commission investigators has won Facebook a breather from an intensifying probe by the powerful regulator into alleged unfair competitive practices by...

READ MORE >