Last week U.S. lawmakers fired a shot across Big Tech’s bow, introducing five new bills designed to curb what lawmakers have described as “unregulated power” held by the firms of Silicon Valley. If enacted, the legislation would mark the biggest changes to U.S. antitrust law...
The U.K. Competition and Markets Authority (CMA) is opening a market study to determine if Google and Apple’s platform duopoly stifles competition, reduces innovation or results in higher prices for consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The latest round in Big Tech’s antitrust fight in India has a watchdog agency poised to accelerate a probe into Amazon and Walmart-controlled Flipkart. According to a Reuters report, sources said that the Competition Commission of India would demand information regarding anti-competitive practices from them...
The Japanese government is reportedly launching an antitrust investigation into deals Apple and Google have made with the country’s smartphone makers, The Japan Times and other news outlets reported, citing a report in Nikkei. The probe could lead to stronger antitrust regulations. Get the Full...
An Indian court dismissed appeals by Amazon and Walmart’s Flipkart to end an antitrust investigation, Reuters reported. 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 our daily...
Facebook is the subject of two new investigations in Europe by the European Commission and the U.K.’s Competition and Markets Authority, both regarding the social media giant’s use of data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The attorneys general from Pennsylvania and Massachusetts have joined a list of officials investigating Amazon for antitrust violations, Bloomberg reported Thursday (May 27), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The European Commission (EC) is launching an official investigation into allegations that Facebook engaged in anti-competitive behaviors, the Financial Times reported on Wednesday (May 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Office of the Attorney General (OAG) in Washington, D.C. is suing Amazon for allegedly fixing online prices for the third-party sellers on its eCommerce marketplace, according to a Tuesday (May 25) press release. Get the Full Story Complete the form to unlock this article...