The U.S. Department of Justice (DOJ) is nearing the end of its antitrust investigation of Alphabet Inc’s Google as it considers whether to charge the tech giant this summer, Reuters reported. Federal investigators have asked Google’s competitors to provide details about the alleged abuse of...
Britain’s Competition and Markets Authority (CMA) is taking a closer look into how the possible $4 billion merger of StubHub and Viagogo will affect competition, the Financial Times (FT) reported. The CMA said it found the combination could bring about “a substantial lessening of competition”...
A year-long investigation into Amazon’s investment in Deliveroo, the U.K. food delivery service, has ended in favor of the world’s largest online marketplace. The Competition and Markets Authority (CMA), the country’s competition watchdog, has ruled that the deal will not hurt shoppers, the Financial Times reported. On...
The Department of Justice (DOJ) and a group of state attorneys general are looking to meet soon to discuss an antitrust lawsuit against Google, sources told The Wall Street Journal (WSJ). The meeting will be virtual and address the allegation that Google has used its...
European Union (EU) antitrust regulators will decide by July 20 whether to approve Google’s $2.1 billion bid for Fitbit, the California fitness tracker company, Reuters reported. Google sought EU approval this week, according to a filing on the European Commission website, the news service reported. It’s...
Amazon is left cooling its heels again in its bid to buy a piece of Deliveroo, a top food delivery service in the United Kingdom. Britain’s Competition and Markets Authority (CMA) on Wednesday (June 10) announced that it would push off for two months a...
Alphabet Inc.’s Google is facing an investigation over potential antitrust violations by 50 of the nation’s state attorneys general led by Texas, CNBC reported. Critics allege Google bundles its ad tools in a way that rivals can’t match, and its combination of search results, YouTube,...
Elon Musk said in a tweet that it’s “time to break up Amazon,” citing the eCommerce giant’s monopoly as a reason to take action. “Monopolies are wrong!” he said in the tweet. Bloomberg reported that the statement will escalate a feud between Musk and Amazon...
Regulators in India are looking at Google over antitrust issues amid charges that the tech giant is using its market dominance to unfairly pitch its mobile payments app. As Reuters reported, the Competition Commission of India (CCI) has kept the identity of the complainant confidential....