PYMNTS-MonitorEdge-May-2024

Competition

Big Tech Firms Have 6 Months Before New EU Competition Rules Kick In 
Big Tech Firms Have 6 Months Before New EU Competition Rules Kick In 
March 25, 2022  |  Regulation

The Council and the European Parliament on March 24 reached a provisional political agreement on the Digital Markets Act (DMA). Final technical work will be...

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Google’s ‘Dual Billing Option’ Adds Pressure on Apple
Google’s ‘Dual Billing Option’ Adds Pressure on Apple
March 24, 2022  |  Google

Yesterday, March 23, Google and Spotify announced a new agreement that will allow users to download Spotify from the Google Play Store and choose to...

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Meta Faces Fines for Allegedly Violating Anti-Competition Rules in South Africa
Meta Faces Fines for Allegedly Violating Anti-Competition Rules in South Africa
March 15, 2022  |  Meta

South Africa’s competition regulator is seeking to prosecute Meta Platforms, formerly Facebook, and its subsidiaries, WhatsApp Inc and Facebook South Africa, for abusing its dominance...

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Regulators Still Deciding If Google´s Plan to Stop Cross-App Tracking Is Good  
Regulators Still Deciding If Google´s Plan to Stop Cross-App Tracking Is Good  
February 18, 2022  |  Google

Regulators have been asking Google and other Big Tech companies for a long time to enhance privacy settings and to embrace privacy rules to protect...

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PriceRunner Hauls Google to Swedish Court Seeking $2.4B in Damages
PriceRunner Hauls Google to Swedish Court Seeking $2.4B in Damages
February 07, 2022  |  ANTITRUST

Nordic price comparison firm PriceRunner is hauling Google to Sweden’s patent and market court seeking $2.4 billion in damages for violating antitrust laws by manipulating...

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EU Conditionally Approves Facebook Parent’s Buy of Kustomer
EU Conditionally Approves Facebook Parent’s Buy of Kustomer
January 28, 2022  |  Acquisitions

The chief regulator of the EU has approved Meta Platforms’ acquisition of Kustomer, a report from Seeking Alpha says, which concludes a saga that was...

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EU Report on Internet of Things Highlights Potential Competition Concerns 
EU Report on Internet of Things Highlights Potential Competition Concerns 
January 25, 2022  |  Internet of Things

The European Commission published a sector inquiry into consumer Internet of Things (IoT) last Thursday, analyzing the competitive landscape, emerging trends and potential competition issues. ...

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DOJ Antitrust Head Takes Tough Stance on Anticompetitive Deals
DOJ Antitrust Head Takes Tough Stance on Anticompetitive Deals
January 25, 2022  |  ANTITRUST

The new antitrust head for the U.S. Department of Justice (DOJ) is aiming to stop mergers that thwart competition and is planning to enforce remedies...

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Big Tech’s Three Biggest Regulatory Threats
Big Tech’s Three Biggest Regulatory Threats
January 24, 2022  |  Big Tech

When the Senate Judiciary Committee voted last Thursday to advance the American Innovation and Choice Online Act, a bipartisan antitrust bill, it set the path...

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