ANTITRUST

ANTITRUST
EU Seeks Pledge From Google Prior To Sealing Fitbit Deal
July 23, 2020

Google will have to make “major concessions” to win speedy European Union approval of its planned purchase of Fitbit, the Financial Times reported on Thursday (July 23), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

ANTITRUST
Big Tech Execs Get Ready To Rumble As Antitrust Hearing Nears
July 23, 2020

The CEOs of four Big Tech companies are planning to go on the attack when they appear before Congress next week, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

ANTITRUST
GOP Leader Demands Twitter CEO Testify In Antitrust Probe
July 22, 2020

U.S. House Republicans want to add Twitter’s CEO to the roster of Big Tech execs scheduled to testify later this month before a congressional antitrust panel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

ANTITRUST
Slack Alleges Microsoft Is Violating EU Competition Law
July 22, 2020

Microsoft Corp. is the latest U.S. corporation to face an investigation over antitrust charges by the European Union (EU). The Wall Street Journal reports the global technology company is facing allegations from Slack Technologies Inc. Get the Full Story Complete the form to unlock this...

ANTITRUST
FTC Presses For Testimony From Facebook’s Zuckerberg, Sandberg
July 17, 2020

Facebook Inc’s top executives could be required to testify before the Federal Trade Commission (FTC) as the regulator investigates whether the California-based social media conglomerate has violated U.S. antitrust laws, sources told The Wall Street Journal. Get the Full Story Complete the form to unlock...

ANTITRUST
Are Voice Ecosystems The Next Antitrust Battleground For Big Tech?
July 17, 2020

In less than a decade, voice-activated artificial intelligence (AI) assistants like Alexa and Siri have gone from something seen in science-fiction films to mainstream consumer touchpoints for larger digital ecosystems. In fact, the latest edition of PYMNTS’ and Visa’s How We Will Pay survey found that more than three in...

ANTITRUST
Report: California Opens Probe Into Google For Possible Antitrust Violations
July 13, 2020

The state of California has opened its own antitrust investigation into Google, sources told Politico, putting more pressure on the global technology giant already facing allegations from most U.S. states and the U.S. Department of Justice (DOJ). Get the Full Story Complete the form to unlock...

ANTITRUST
Big Tech CEOs Head To Washington July 27 To Testify In Antitrust Probe
July 06, 2020

The CEOs of Amazon, Apple, Facebook and Google parent Alphabet will all appear before Congress this month as part of a governmental probe into their companies, Reuters reported, citing a statement from the House Judiciary Antitrust Subcommittee. Get the Full Story Complete the form to...

ANTITRUST
EU Questions Rivals About Competition Concerns In Google-Fitbit Deal
July 02, 2020

European regulators are investigating Google’s proposed $2.1 billion takeover of Fitbit, the San Francisco-based wearable technology maker, the Financial Times 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...