March 14, 2023
Can HSBC Preserve SVB’s Innovation Culture Post UK Unit Acquisition?
The world woke up on Monday (March 13) to news that British multinational banking giant HSBC is purchasing Silicon Valley Bank (SVB) UK, the U.K. arm of the failed U.S.-based...
March 13, 2023
The Silicon Valley Bank Story No One Has Told
It’s almost an eerie coincidence. Nearly three years to the day that the World Health Organization declared the novel Coronavirus a global pandemic, Silicon Valley Bank collapsed. The mass exodus...
February 09, 2023
Prizeout and Pockit Partner on Offering Bonus-Value Gift Cards
Prizeout and Pockit have partnered to offer bonus-value gift cards in the United Kingdom. The collaboration adds Prizeout’s online marketplace of gift cards to Pockit’s financial services app that has...
January 24, 2023
CarMax Expands Deployment of AI-Powered Vehicle Inspection Systems
CarMax is rolling out artificial intelligence (AI)-powered vehicle inspection systems across its wholesale business. The used car retailer has partnered with AI technology company UVeye on systems that assess vehicles...
January 24, 2023
Auto Hauler Exchange Launches B2B Marketplace for Vehicle Logistics Industry
Auto Hauler Exchange (AHX) has launched an online B2B marketplace for the vehicle logistics industry. The digital marketplace connects vehicle haulers across the United States and Canada with vehicle shippers...
January 18, 2023
Vehicle Shippers See Value in Automated Payments as Industry Slows
Super Dispatch has added a payment feature to its car shipping platform. The new SuperPay feature allows automotive shippers to pay carriers, who will receive the payment in as little...
January 18, 2023
Fragile Giants: Reassessing Market Power in Platform Ecosystems
It is widely assumed that platform technology markets are inherently prone to monopoly outcomes in which a single firm or a handful of firms enjoy market power due to network...
January 18, 2023
Compare the Markets: Two-Sided Market Definition in the Comparethemarket Case
In competition law, how to define markets in the context of two-sided platforms is a hot topic. Drawing on the judgment of the UK Competition Appeal Tribunal in BGL/Comparethemarket v....
January 13, 2023
Carvana Cuts More Jobs After Eliminating 4K in 2022
Carvana is reportedly cutting more staff as the used car market continues to downshift. The online used car retailer is both cutting jobs and reducing hours as it slashes costs...