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April 30, 2021

antitrust

EU to hit Apple with antitrust charge this week -source

Reuters
A 3D-printed Apple logo is seen in front of a displayed European Union flag in this illustration taken September 2, 2016. REUTERS/Dado Ruvic/Illustration EU antitrust regulators are set to charge iPhone maker Apple (AAPL.O) this week with blocking rivals on its App Store following a complaint by music streaming service......

Apple’s new AirTags could factor into U.S. Senate antitrust hearing

Reuters
Apple Inc (AAPL.O) on Tuesday announced the launch of attachable AirTags to help users track lost items, and the devices could become the focus of a rival company’s challenge during a hearing before the U.S. Senate on Wednesday. When attached to keys and other items, the tags communicate with Apple......

Amazon tells Indian court – Reuters story is no reason to resume antitrust probe

Reuters
Amazon.com Inc (AMZN.O) told an Indian court on Thursday a Reuters special report into the e-commerce giant’s business practices should not be considered as evidence, as India’s competition watchdog sought to lift an injunction on an anti-trust probe. The Reuters report showed the U.S. firm gave preferential treatment to a......

U.S. House committee approves blueprint for Big Tech crackdown

Reuters
WASHINGTON (Reuters) – The U.S. House of Representatives Judiciary Committee has formally approved a report accusing Big Tech companies of buying or crushing smaller firms, Representative David Cicilline’s office said in a statement Thursday. FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo/File Photo With......

Breakingviews – China’s antitrust push forces digital reinvention

Reuters
FILE PHOTO: Jack Ma, founder and executive chairman of China’s Alibaba Group, speaks in front of a picture of SoftBank’s human-like robot named ‘pepper’ during a news conference in Chiba, Japan, June 18, 2015. REUTERS/Yuya Shino/File Photo HONG KONG (Reuters Breakingviews) – What’s left for Chinese internet companies deprived of......

Judge in Texas lawsuit against Google issues protective order

Reuters
FILE PHOTO: The Google Inc. logo is seen outside their headquarters in Mountain View, California August 18, 2004. REUTERS/Clay McLachlan/File Photo WASHINGTON (Reuters) – The judge hearing the Texas antitrust lawsuit against Alphabet Inc’s Google put limits on what the search giant’s in-house lawyers can see in an order aimed......

Congressmen Debut Bill to End MLB Antitrust Exemption

Sports Illustrated
SI – For more and to sign up click here Ben Pickman Representative Jeff Duncan (R-S.C.) and Senator Mike Lee (R-Utah) filed legislation on Wednesday seeking to end MLB’s antitrust exemption.  The legislation is co-sponsored by Republican Senators Ted Cruz, Josh Hawley, Marco Rubio and Marsha Blackburn. There are 29 original......

Microsoft takes advantage of antitrust spotlight on rivals to go hunting for large acquisitions

CNBC
CNBC – For more and to sign up click here CEO of Microsoft Satya Nadella gives a lecture about dream, struggle and creation at Tsinghua University on September 25, 2014 in Beijing, China. Nadella visited China for the first time on Thursday. Visual China Group | Getty Images Twenty years......

Exclusive: China’s antitrust regulator bulking up as crackdown on behemoths widens

Reuters
BEIJING/HONG KONG (Reuters) – China’s competition watchdog is adding staff and other resources as it ramps up efforts to crack down on anti-competitive behaviour, especially among the country’s powerful companies, people with knowledge of the matter told Reuters. FILE PHOTO: The logo of Alibaba Group is seen at its office......

China’s Alibaba hit with record $2.75 billion antitrust fine

Reuters
(Reuters) – Chinese regulators said on Saturday they have fined Alibaba Group Holding Ltd a domestic record $2.75 billion for antitrust violations, amid an unprecedented regulatory crackdown on Jack Ma’s company and other technology conglomerates. FILE PHOTO: Jack Ma, founder and executive chairman of China’s Alibaba Group, speaks in front......

China Fines Alibaba $2.8 Billion in Landmark Antitrust Case

New York Times
China on Saturday said it was imposing a record $2.8 billion fine on the e-commerce titan Alibaba for monopolistic business practices, the government’s toughest action to date in its campaign to regulate the country’s internet giants more closely. Beijing’s market watchdog began investigating Alibaba in December for potential antitrust violations......

Republicans call for removing MLB antitrust exemption in response to Georgia boycott

WashingtonExaminer
USA TODAY – For more and to sign up click here A congressman said he is planning to introduce legislation to remove an antitrust exemption for Major League Baseball in light of its decision to move its All-Star Game and 2021 draft out of Georgia in protest of the state’s......

Amazon’s aggressive PR campaign ahead of union vote shows how worried it is, labor and antitrust experts say

CNBC
CNBC – For more and to sign up click here An Amazon-sponsored billboard urging employees to return their unionization ballots is seen on March 28, 2021 in Bessemer, Alabama. Elijah Nouvelage | Getty Images Amazon is playing an aggressive defense against its critics as it stares down a historic union......

U.S. DOJ accuses Google of dragging its feet in antitrust trial

Reuters
FILE PHOTO: The brand logo of Alphabet Inc’s Google is seen outside its office in Beijing, China August 8, 2018. Picture taken with a fisheye lens. REUTERS/Thomas Peter WASHINGTON (Reuters) – The U.S. Department of Justice accused Google of dragging its feet in providing documents in preparation for a trial......

India antitrust body says Reuters story corroborates evidence in probe of Amazon

Reuters
NEW DELHI (Reuters) – India’s antitrust body on Friday told a court that a Reuters report showing Amazon.com Inc gave preferential treatment to a small group of sellers on its India platform corroborated evidence it had received and which had triggered an investigation of the U.S. e-commerce giant. The Competition......

Republican FTC commissioner explains why he voted against Facebook antitrust suit

CNBC
CNBC – For more and to sign up click here Noah Phillips, commissioner, Federal Trade Commission, testifies during the Senate Commerce, Science and Transportation Committee hearing tilted The Invalidation of the EU-US Privacy Shield and the Future of Transatlantic Data Flows, in Russell Building on Wednesday, December 9, 2020. Tom......

Microsoft and Google spar ahead of antitrust hearing on tech and the future of news

CNBC
CNBC – For more and to sign up click here Microsoft President Brad Smith speaks (L) and Sundar Pichai of Google. Getty Images Microsoft and Google sparred Friday over their practices and treatment of news outlets in a battle between antitrust targets of past and present. In his written testimony......

China’s antitrust regulators consider levying record fine against Alibaba: WSJ

Reuters
FILE PHOTO: The logo of Alibaba Group is seen at its office in Beijing, China January 5, 2021. REUTERS/Thomas Peter (Reuters) – China’s antitrust regulators are mulling levying a record fine against Alibaba Group Holding Ltd over its anticompetitive behavior, the Wall Street Journal reported on Thursday, citing people familiar......

Facebook asks court to dismiss U.S. government, states antitrust cases

Reuters
WASHINGTON (Reuters) – Facebook asked a federal court on Wednesday to dismiss major antitrust cases filed by the U.S. Federal Trade Commission and nearly every U.S. state, saying they failed to show the company had a monopoly or harmed consumers. FILE PHOTO: A 3D-printed Facebook logo is seen placed on......

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