ANTITRUST

ANTITRUST
China Clarifies Big Tech Monopoly Rules
February 07, 2021

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...

ANTITRUST
Sen. Amy Klobuchar Plans Antitrust Bill Targeting Tech Industry
February 04, 2021

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...

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ByteDance Lawsuit Alleges Tencent Violated China’s Antitrust Laws
February 02, 2021

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...

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UK Antitrust Agency Orders Viagogo To Divest Chunk Of StubHub Operations
February 02, 2021

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,...

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Competition Concerns Spark UK Probe Into Uber’s Autocab Deal
January 29, 2021

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...

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New Klobuchar Bill Will Attempt To Curb Monopolies, Big Tech Power
January 26, 2021

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...

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In China And US, Differing Approaches To Antitrust And Tech Firms’ Market Power 
January 22, 2021

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 —...

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Amazon Cries Foul In Lawsuit Filed By European Union Regulators
January 20, 2021

Amazon has filed a lawsuit against the European Union, accusing the EU’s competition watchdog of granting Italian antitrust officials leeway, according to Reuters on Wednesday (Jan. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Two Obama Officials Are Frontrunners For Biden’s Top Antitrust Job
January 17, 2021

President-elect Joe Biden is looking at two ex-President Barack Obama officials to run the top antitrust job at the U.S. Department of Justice (DOJ), Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...