ANTITRUST

ANTITRUST
EU Readies Probe Into Facebook Kustomer Purchase
July 23, 2021

The European Union is set to launch an antitrust investigation into Facebook’s acquisition of customer service startup Kustomer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

ANTITRUST
Big Tech Critic Jonathan Kanter Nominated By Biden For DOJ Antitrust Job
July 20, 2021

Jonathan Kanter, a Google critic and progressive favorite, will lead President Joe Biden’s Justice Department antitrust division, CNBC writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

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EU Court Schedules Decision On Google’s Challenge To $2.8B Fine
July 20, 2021

Europe’s General Court in Luxembourg has set November 10 as the date it will rule on Google’s challenge to the €2.4 billion ($2.8 billion) antitrust fine levied by the European Union (EU), Reuters reported on Tuesday (July 20), citing sources. The ruling is the first...

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Flipkart Tells India Court In Antitrust Case It’s ‘Different’ From Amazon
July 18, 2021

Flipkart, which is owned by Walmart, doesn’t think it should be treated like Amazon in an Indian antitrust suit, U.S. News reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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EU Regulator Says Big Tech Antitrust Collaboration With US Possible
July 15, 2021

European Union Executive Vice President Margrethe Vestager said she thinks the future of U.S. and EU alignment on competition enforcement looks bright, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Senators Vow ‘Dramatic Action’ In Big Tech Antitrust Fight
July 14, 2021

Big Tech-focused antitrust bills being crafted by several key senators “would force drastic changes” for some companies “and destroy products enjoyed by consumers,” Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Facebook Asks FTC Head For Recusal In Antitrust Case
July 14, 2021

Facebook is asking Federal Trade Commission Chairwoman Lina Khan to recuse herself in an antitrust case, the second Big Tech company in as many weeks calling for the FTC head to step away from her agency’s investigation. Get the Full Story Complete the form to...

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China Holds Up Ant Group As Warning To Other Payment Firms
July 08, 2021

The People’s Bank of China is warning big technology companies in the country that they will be subject to the same antitrust scrutiny and measures as Alibaba’s FinTech affiliate Ant Group, Reuters reported on Thursday (July 8). Get the Full Story Complete the form to...

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States Sue Google Over App Store Practices
July 07, 2021

Google’s app store, Google Play, is the target of an antitrust lawsuit filed by dozens of states, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...