The Competition and Markets Authority (CMA), U.K.’s antitrust watchdog, has given Big Tech a heads-up that investigations are imminent, the Financial Times (FT) reported on Monday (Feb. 22). The competition watchdog has said that the next 12 months will be a time of cracking down...
China’s Douyin, the Chinese version of TikTok, is suing fellow internet titan Tencent over allegedly monopolistic behavior. 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...
China’s State Administration for Market Regulation (SAMR) published new guidelines Sunday (Feb. 7) to strengthen anti-monopoly restrictions on Big Tech platforms, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Sen. Amy Klobuchar (D-Minn.), the incoming head of the Senate antitrust subcommittee, is planning to introduce a bill to bolster competition laws and antitrust enforcement, The Hill reported on Thursday (Feb. 4). Get the Full Story Complete the form to unlock this article and enjoy...
ByteDance’s Douyin launched a lawsuit against Tencent Holdings alleging that its WeChat and QQ platforms are in violation of China’s antitrust laws, Bloomberg reported on Tuesday (Feb. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Citing competition concerns, the U.K.’s antitrust watchdog is ordering Viagogo to sell StubHub’s international business. 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 newsletter,...
Uber’s planned acquisition of Autocab is being investigated by the U.K.’s Competition and Markets Authority (CMA) for suspected anticompetitive behavior, Reuters reported on Friday (Jan. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Sen. Amy Klobuchar is set to introduce a new bill to curb corporate monopoly power, particularly aiming at Big Tech, The New York Times (NYT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
For Big Tech, and for FinTechs, the regulatory landscape is shifting — and the barrage of new rules and regulations comes from all sides. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...