Makan Delrahim, the assistant attorney at the U.S. Department of Justice, said Tuesday (June 11) that enforcement actions in the past against Standard Oil and AT&T can be a blueprint for going after tech giants that potentially engaged in anti-competitive behavior. Get the Full Story...
Google has appealed the European Commission’s $1.7 billion fine, which was issued March for anti-competitive behaviors in the online advertising market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The House Judiciary Committee has announced that it will investigate if major tech companies such as Facebook, Google and Amazon are using their power to stifle the competition, with the bipartisan investigation deciding whether Congress needs to pass stricter antitrust laws. Get the Full Story Complete...
The Italian Competition Authority (ICA) has launched an investigation into five separate Amazon outfits to determine whether the company is taking advantage of its position as the foremost logistical and eCommerce service, according to a report from Reuters. Get the Full Story Complete the form...
The U.S. Federal Trade Commission is gearing up to hold talks with state attorneys general about Facebook and Google’s position in the technology space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
And, now, a bit of disharmony in the music streaming 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, PYMNTS Today. By completing...
William Barr, the nominee for attorney general, said that government regulators might need to take a deeper look at tech “behemoths” like Facebook, Microsoft and Apple, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy...
Amazon, the country’s largest eCommerce player, has seen retailers in Austria file a complaint with their country’s competition authority over the company’s roles as both a retailer and a marketplace. Amazon’s business model is structured so that it sells products directly to consumers and enables third-party...
Mastercard incurred a $650 million fourth-quarter charge related to a large fine over a 2015 EU antitrust investigation, Reuters reported on Tuesday (Dec. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...