ANTITRUST

ANTITRUST
FTC, Lawmakers Turn Sour On M&A; Could Innovation Suffer?
November 16, 2020

M&A DOA? Maybe. 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, PYMNTS Today. By completing this form, you agree to receive marketing communications...

ANTITRUST
Tencent Vows To Comply With Chinese Regulators’ Increasing Oversight
November 13, 2020

As government regulators in China increase tech industry oversight, Tencent said it will comply with new laws intended to curb antitrust activities and tighten FinTech acceleration, according to a Bloomberg report on Friday (Nov. 13), Get the Full Story Complete the form to unlock this...

ANTITRUST
FTC Chair: Companies Buying Startups Could Be Seen As Anti-Competitive
November 12, 2020

Joe Simons, chair of the U.S. Federal Trade Commission (FTC), said antitrust enforcers should be on guard against dominant companies buying emerging startups, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

ANTITRUST
Sen. Klobuchar: DOJ Suit Against Google Doesn’t Rule Out A Breakup
November 12, 2020

Sen. Amy Klobuchar, in talks for a possible attorney general position in the President-elect Joe Biden administration, has voiced support for the U.S. Department of Justice‘s move to leave open options for structural remedies in a lawsuit against Google that may mean breaking up the...

ANTITRUST
Google Critics From US, UK Demand Prompt Antitrust Enforcement
November 12, 2020

A group of 165 companies and industry associations — from the U.S. and U.K as well as 21 European Union (EU) countries — sent a letter to antitrust regulators asking that they throw the book at Google as fast as possible, according to a Reuters...

ANTITRUST
Indian Antitrust Regulator Targets Google Over Google Pay Concerns
November 09, 2020

India’s competition watchdog is taking aim at Google for allegedly abusing its market power to push its payments app in one of the world’s fastest-growing markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

ANTITRUST
US Justice Department Sues Visa To Block Its Planned $5.3B Plaid Acquisition
November 05, 2020

The U.S. Department of Justice sued Visa on Thursday (Nov. 5) to block its planned $5.3 billion acquisition of Plaid, arguing that the deal would allow Visa to extend what the DOJ alleges is the company’s control of the online debt market. Get the Full...

ANTITRUST
EU’s Digital Rules Draft May Not Include Big Tech Breakup, Antitrust Chief Says
November 01, 2020

The European Union’s chief antitrust regulator told a German newspaper in an interview published Sunday (Nov. 1) that she sees no reason to break up Google or other big tech companies, according to Reuters. Get the Full Story Complete the form to unlock this article...

ANTITRUST
Judge Assigns November Deadlines In Google DOJ Lawsuit
October 30, 2020

U.S. Judge Amit Mehta set a series of November deadlines in the antitrust lawsuit filed by the U.S. Justice Department (DOJ) against Alphabet’s Google, Reuters reported on Friday (Oct. 30).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...