ANTITRUST

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. The Competition Commission of India (CCI) announced on Monday (Nov. 9) that it is launching an antitrust case against...

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. “Visa seeks to...

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. Margrethe Vestager did, however, say regulators may need new powers to...

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).  The suit, filed Oct. 20 in the U.S. District Court for the District of Columbia,...

ANTITRUST
EU Court Rules Facebook Must Store Data In ‘Virtual Data Room’
October 29, 2020

The European Union’s (EU) second-highest court ruled that Facebook can’t be forced to turn over sensitive information without a review. Instead of handing everything over, the ruling stated that Facebook should instead cooperate with antitrust regulators by identifying the information and storing it in a...

ANTITRUST
EU Digital Chief Advocates For Tighter Rules, No Break Up For Big Tech
October 28, 2020

European Union digital chief Margrethe Vestager has argued against breaking up Big Tech companies, which is contrary to what some officials want to see in terms of dividing Amazon or Apple into smaller companies, according to a report from 9to5Mac. Vestager, quoted in a report...

ANTITRUST
German Authority Opens Probe Into Amazon, Apple Over Alleged Anticompetition
October 28, 2020

German antitrust regulators are investigating both Amazon and Apple over possible anticompetitive behavior in the country, according to German Frankfurter Allgemeine Zeitung, quoted by Reuters. Germany is looking into whether Amazon is allowed to ban some third-party competitors from offering certain branded products on its...

ANTITRUST
Regulators Reckon With Big Tech Global Hysteria
October 27, 2020

Regulators the world over aren’t feeling the love for Big Tech these days. Reports are circulating that European Union regulators are hard at work crafting a “hit list” of roughly 20 companies — Big Tech marquee names among them — that will face tougher rules...