The Senate voted 69 to 28 on Tuesday (June 15) to appoint antitrust expert and known tech critic Lina Khan as a commissioner to the Federal Trade Commission (FTC), numerous news outlets, including Axios, reported. Get the Full Story Complete the form to unlock this...
The U.S. National Security Council (NSC) told the European Union to stop using the Digital Markets Act (DMA) to target American technology giants, the Financial Times reported, citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. 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,...
The U.K. Competition and Markets Authority (CMA) is opening a market study to determine if Google and Apple’s platform duopoly stifles competition, reduces innovation or results in higher prices for consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The latest round in Big Tech’s antitrust fight in India has a watchdog agency poised to accelerate a probe into Amazon and Walmart-controlled Flipkart. According to a Reuters report, sources said that the Competition Commission of India would demand information regarding anti-competitive practices from them...
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The Japanese government is reportedly launching an antitrust investigation into deals Apple and Google have made with the country’s smartphone makers, The Japan Times and other news outlets reported, citing a report in Nikkei. The probe could lead to stronger antitrust regulations. Get the Full...
U.S. lawmakers are preparing bipartisan legislation that would require Big Tech companies like Amazon to essentially split in two or shed their private-label products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
China’s Banking and Insurance Regulatory Commission (CBIRC) has imposed new rules on wealth management products for cash, a move that puts stricter controls on the trillion-dollar market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
