Capital One CEO Richard Fairbank has been ordered by the Federal Trade Commission (FTC) to pay a $637,950 fine for allegedly violating antitrust laws and the Hart-Scott-Rodino (HSR) Act, according to a press release. Get the Full Story Complete the form to unlock this article...
In-app payment issues are at the forefront of an antitrust complaint against Apple by an Indian nonprofit group, which went to the Competition Commission of India (CCI) to make a case against the Silicon Valley technology giant, Reuters reported Thursday (Sept. 2), citing sources and...
Antitrust officials in the U.S. are getting ready for another lawsuit against Alphabet’s Google, this time relating to the company’s digital advertising and the allegations that Google has been abusing its dominance, Bloomberg reported. Get the Full Story Complete the form to unlock this article...
Amazon launched a website on Friday (Aug. 20) designed to get sellers on its side in its battle against proposed antitrust legislation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Silicon Valley chip maker NVIDIA’s planned acquisition of the British chip designer Arm has been flagged by the U.K. Competition and Markets Authority (CMA) over concerns that the acquisition would stifle competition. Get the Full Story Complete the form to unlock this article and enjoy...
The U.K.’s Competition Market Authority (CMA) has raised some concerns about Facebook’s merger with the GIF provider Giphy that could derail the deal. The CMA said on Thursday (Aug. 12) that its provisional findings suggest the merger will harm competition between social media platforms and...
U.S. Senators Richard Blumenthal (D-CT), Marsha Blackburn (R-TN), and Amy Klobuchar (D-MN) have introduced legislation Wednesday (Aug. 11) that would set rules governing app stores and allow developers to use third-party payments services and stores. Get the Full Story Complete the form to unlock this...
European Union antitrust regulators have delayed the target date for a determination on Facebook’s purchase of New York-based software company, Kustomer, to Dec. 15, according to a Monday (Aug. 9) report from Reuters. The original deadline had been Dec. 8 and was pushed back at...
Amazon and Walmart will face antitrust probes in India over their eCommerce practices, the country’s Supreme Court ruled on Monday (Aug. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
