Google will pay $700 million to settle an antitrust suit involving its Play store. The tech giant announced the settlement Monday (Dec. 18), revealing the details of a September agreement in a 2020 suit by the U.S. government and several states. Under the terms of...
The European Union (EU) is reportedly preparing to take action against Apple over alleged anticompetitive practices in its App Store. The EU regulators are investigating Apple’s blocking of music services from promoting the alternative, cheaper subscription options they offer outside of the App Store, Bloomberg...
Google’s court loss this week to Epic Games could also be bad news for Apple. That’s according to a report Tuesday (Dec. 12) from Bloomberg News, which notes that the app store “duopoly” held by both companies generates nearly $200 billion a year and determines how billions of...
The United Kingdom’s Competition and Markets Authority (CMA) is gathering information on the partnership between Microsoft and OpenAI. The regulator aims to determine if “recent developments” have resulted in a merger situation and if a merger could impact competition in the U.K., the CMA said in a Friday (Dec. 8) press...
Google executive Prabhakar Raghavan testified Thursday (Oct. 26) in the search and advertising giant’s ongoing antitrust trial, shedding light on the challenges the company faces from smaller rivals. Raghavan emphasized the importance of innovation to avoid becoming the tech industry’s “next road kill” and to...
Google’s antitrust trial begins this week, with the company’s ties to Apple at the center. While the two tech titans are typically thought of as rivals, a report Monday (Sept. 11) by Bloomberg News notes that it’s a collaboration between Google and Apple that could be “potentially damning.” In 2005,...
The Federal Trade Commission (FTC) is reportedly set to sue Amazon later this month. The antitrust suit, the result of a four-year probe into the mammoth retailer, is “likely” to arrive soon, Bloomberg News reported Tuesday (Sept. 5), citing sources familiar with the matter. Those sources say the lawsuit is expected...
Is Microsoft forcing customers to purchase its video conferencing app Teams? That’s what a European Commission (EC) antitrust investigation hopes to determine. The commission announced Thursday (July 27) it had begun a probe to determine if the tech giant had violated European Union (EU) competition rules by bundling Teams with its...
Visa is reportedly under continued scrutiny by the U.S. Department of Justice. A new civil investigative demand, similar to a subpoena, was filed May 2, bringing to light a deepening inquiry into the payment processor’s practices, Bloomberg reported Wednesday (July 26). Visa said in a regulatory filing made...
