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). The EC is also doing a deep dive to get a sense of Facebook’s classified advertising tactics and will determine if...
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. Attorney General Karl Racine is accusing Amazon of anticompetitive practices by...
Indonesia’s antitrust agency said it wants to take a look at the history-making merger between two of the country’s startups to guard against monopolistic practices. As US News & World Report wrote on Thursday (May 20), the KPPU plans to scrutinize the multi-billion-dollar merger between...
Tencent Holdings will be hit with a big antitrust penalty in China, but it’s not likely to be as much as Alibaba’s record $2.75 billion fine last month, Reuters reported, citing sources. As part of Chinese President Xi Jinping’s antitrust crackdown, Tencent will likely get...
The European Union hit Apple with antitrust violations stemming from Spotify’s complaints about the iPhone maker’s App Store policies, the European Commission (EC) said in a statement. The EC’s statement of objections handed down to Apple said that the tech giant has abused its power...
The European Union (EU) is set to hit Apple with an antitrust charge later this week after a two-year probe into the iPhone maker’s alleged anti-competitive behavior, the Financial Times reported on Tuesday (April 27), citing sources. The charges stem from a Spotify complaint in...
Epic Games CEO Tim Sweeney will attend a weeks-long antitrust trial against Apple, Reuters reported. Apple’s Phil Schiller, who leads the App Store, will also be present at the trial. The case stems from an incident between the two companies last year in which Epic...
Lina Khan, the President Joe Biden nominee for chair of the Federal Trade Commission (FTC), said antitrust enforcers should be looking harder at the power Big Tech has over digital markets, including online journalism, app markets and more, Bloomberg reported. Khan, testifying before the Senate...
The House of Representatives Judiciary Committee has approved a report that accuses companies like Apple, Amazon, Facebook and Google of acting as a monopoly. According to Reuters, the more-than-400 page report — the first such congressional review of the industry — became official on Thursday...