The People’s Bank of China is warning big technology companies in the country that they will be subject to the same antitrust scrutiny and measures as Alibaba’s FinTech affiliate Ant Group, Reuters reported on Thursday (July 8). Get the Full Story Complete the form to...
Google’s app store, Google Play, is the target of an antitrust lawsuit filed by dozens of states, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Margrethe Vestager, the European Commission (EC) executive vice-president and competition commissioner, said on Friday (July 2) that Apple can’t use privacy and security concerns to stifle competitors on its App Store, Yahoo Finance reported. Get the Full Story Complete the form to unlock this article...
The U.S. Federal Trade Commission (FTC) voted to rescind a 2015 policy statement that hampered its ability to file antitrust lawsuits, effectively lowering the bar for such actions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
CNMC, the Spanish watchdog, is looking into the possibility of anticompetitive practices from companies like Apple and Amazon, a report from U.S. News says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Amazon wants Federal Trade Commission (FTC) Chairwoman Lina Khan to recuse herself in antitrust investigations of the company, citing her past criticisms of the mammoth retailer, The Wall Street Journal reported on Wednesday (June 30). Get the Full Story Complete the form to unlock this...
The White House, going after corporate monopolies, will be pushing antitrust law instructing government agencies to look at how their actions will impact competition, a report from Reuters says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
After a full day and most of a night’s worth of heated debate, the House Judiciary Committee has voted to approve legislation aimed at curbing the market dominance of tech giants — most notably Google, Apple, Amazon and Facebook. Get the Full Story Complete the...
The chair of the Senate Subcommittee on Competition Policy, Antitrust, and Consumer Rights has called on Amazon and Google’s Alphabet to extend more information about how smart home devices and virtual assistants will meet user privacy and competition requirements. Get the Full Story Complete the...