Competition

Russian Regulator Launches Booking.com Probe
Russian Regulator Launches Booking.com Probe
December 30, 2019  |  ANTITRUST

The Federal Antimonopoly Service (FAS) in Russia has opened a probe into hospitality and reservation site Booking.com over anti-competition issues, according to a report by...

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Egyptian Antitrust Reg Conditionally Approves Uber’s Careem Buy
Egyptian Antitrust Reg Conditionally Approves Uber’s Careem Buy
December 29, 2019  |  Partnerships

Careem, an Egyptian domestic rival to U.S.-based Uber, is set to be acquired by their global competition giant. Regulators approved the $3.1 billion deal after...

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Walmart Focuses On Supercenters As Strategy To Take On Amazon
Walmart Focuses On Supercenters As Strategy To Take On Amazon
December 23, 2019  |  Retail

To thrive in the eCommerce age as it contends with Amazon, Walmart is planning to make its supercenters the heart of a network of businesses...

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France Dings Google With 150M Euro Anti-Competition Fine
France Dings Google With 150M Euro Anti-Competition Fine
December 20, 2019  |  News

The competition authority in France has fined search engine company Google 150 million euros ($167 million) for its anti-competitive actions, as well as its advertisement...

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UK To Launch Big Tech Regulator Post-Brexit
UK To Launch Big Tech Regulator Post-Brexit
December 18, 2019  |  Legal & Regulation

The United Kingdom will create a technology regulator next year after Brexit is completed, according to a report by the Financial Times. The regulator will...

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UK CMA Decision Looms Over Amazon’s Quest For Deliveroo Stake
UK CMA Decision Looms Over Amazon’s Quest For Deliveroo Stake
December 09, 2019  |  Retail

The Competition and Markets Authority (CMA) will decide on Wednesday (Dec. 10) if Amazon’s quest to acquire a stake in Deliveroo — among the U.K.’s...

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Regulators Call For ‘Vigilant Monitoring’ Of Big Tech’s Financial Data Use
Regulators Call For ‘Vigilant Monitoring’ Of Big Tech’s Financial Data Use
December 09, 2019  |  Legal & Regulation

As a way to prevent unfair competition, the Financial Stability Board (FSB) said in a report on Sunday (Dec. 8) that there should be “vigilant...

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New Digital Taxes Loom On Tech Firms In Europe
New Digital Taxes Loom On Tech Firms In Europe
November 25, 2019  |  Legal & Regulation

Amid the continuing drumbeat for taxes on global commerce done through digital means, the Czech government has approved a new seven percent digital tax on...

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SoftBank, Ant Financial Back India’s Paytm With $1B Funding
SoftBank, Ant Financial Back India’s Paytm With $1B Funding
November 25, 2019  |  Payment Methods

India’s mobile payments startup Paytm said on Monday (Nov. 25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate...

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