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: Walmart Acquires CareZone; Ride-Hailing Firm Grab Cuts Staff
Today In Payments: Walmart Acquires CareZone; Ride-Hailing Firm Grab Cuts Staff
June 16, 2020  |  News

In today’s top news, Walmart acquired health services tech startup CareZone for $200 million, and Grab will lay off more than 300 employees. Plus, WhatsApp...

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EU Sets July 20 Deadline On Google, Fitbit Merger Decision
EU Sets July 20 Deadline On Google, Fitbit Merger Decision
June 16, 2020  |  ANTITRUST

European Union (EU) antitrust regulators will decide by July 20 whether to approve Google’s $2.1 billion bid for Fitbit, the California fitness tracker company, Reuters reported....

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EU Antitrust Probe Includes Apple Pay
EU Antitrust Probe Includes Apple Pay
June 16, 2020  |  Apple

Tuesday (June 16) is marking a bit of a one-two punch on the Continent for Apple. The European Union announced that it is opening not...

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EU Investigates Apple Pay, App Store
EU Investigates Apple Pay, App Store
June 16, 2020  |  Apple

The European Union (EU) has launched antitrust investigations into potential violations by Apple of competition laws in its Apple Pay service and App Store, The...

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Amazon CEO Jeff Bezos Amenable To Testifying Before House Committee
Amazon CEO Jeff Bezos Amenable To Testifying Before House Committee
June 15, 2020  |  Amazon

After legislators had asked that he offer testimony in their antitrust probe into large tech firms, a lawyer for Amazon said that Jeff Bezos would...

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Facebook’s Giphy Purchase Probed By UK Regulator
Facebook’s Giphy Purchase Probed By UK Regulator
June 12, 2020  |  Facebook

Facebook is drawing scrutiny from U.K. regulators. The United Kingdom’s competition watchdog is investigating Facebook’s recent purchase of Giphy, the animated picture platform. The Competition and Markets...

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EU Reportedly To Charge Amazon With Antitrust Violations
EU Reportedly To Charge Amazon With Antitrust Violations
June 11, 2020  |  Amazon

Amazon could be facing antitrust charges by the European Union (EU) as early as next week over its treatment of third-party sellers, The Wall Street Journal...

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DOJ, States Eye Alleged Antitrust Issues In Google’s Ad Tech Business
DOJ, States Eye Alleged Antitrust Issues In Google’s Ad Tech Business
June 07, 2020  |  ANTITRUST

Alphabet Inc.’s Google is facing an investigation over potential antitrust violations by 50 of the nation’s state attorneys general led by Texas, CNBC reported. Critics...

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Musk: ‘Time To Break Up Amazon’
Musk: ‘Time To Break Up Amazon’
June 04, 2020  |  ANTITRUST

Elon Musk said in a tweet that it’s “time to break up Amazon,” citing the eCommerce giant’s monopoly as a reason to take action. “Monopolies...

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