Competition

South Korea OKs First Banking Expansion in 30 Years
South Korea OKs First Banking Expansion in 30 Years
July 05, 2023  |  Bank Regulation

South Korea has launched a major expansion of its banking sector, currently dominated by just five lenders. Get the Full Story Complete the form to...

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Google’s Latest AI Plans: Incorporating AI into 25 Products
Google’s Latest AI Plans: Incorporating AI into 25 Products
May 31, 2023  |  artificial intelligence

Google has been making waves in the tech industry with its latest artificial intelligence (AI) plans, which include integrating AI into 25 products, such as...

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German Antitrust Authority Expands Amazon Probe
German Antitrust Authority Expands Amazon Probe
November 14, 2022  |  Amazon

Germany’s competition watchdog, the Bundeskartellamt (BKartA) announced on Monday (Nov. 14) that it has extended two ongoing proceedings against Amazon to make use of an...

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UK Scrutinizes Amazon, Google, Microsoft Over Competition in Cloud Market
UK Scrutinizes Amazon, Google, Microsoft Over Competition in Cloud Market
September 25, 2022  |  Big Tech

The U.K. has begun probing the cloud market to see whether Amazon, Microsoft and Google are stifling competition and innovation. Get the Full Story Complete...

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California Accuses Amazon Of Antitrust Violations In Lawsuit
California Accuses Amazon Of Antitrust Violations In Lawsuit
September 14, 2022  |  Amazon

California has sued Amazon as of Wednesday over allegations of violating antitrust and unfair competition laws, The Wall Street Journal wrote. Get the Full Story...

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Google’s Appeal of EU’s Record Fine Nets 5% Reduction
Google’s Appeal of EU’s Record Fine Nets 5% Reduction
September 14, 2022  |  Google

Europe’s highest court agreed with European Union antitrust regulators and upheld most of the record $4.33 billion fine levied against Google for favoring its own...

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Europe New Battleground in Fight Against Platform Monopolies
Europe New Battleground in Fight Against Platform Monopolies
June 16, 2022  |  Big Tech

In Apple’s ongoing antitrust woes, the locus of the company’s legal concerns is increasingly moving from the U.S. to Europe as investigations by EU and...

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CFPB to Push for Consumer Finance Innovation, Competition
CFPB to Push for Consumer Finance Innovation, Competition
May 24, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has opened the Office of Competition and Innovation, to promote more competition and look into stumbling blocks for new...

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Justice Dept. Joins DC’s Antitrust Action Against Amazon
Justice Dept. Joins DC’s Antitrust Action Against Amazon
April 29, 2022  |  Amazon

The Biden administration has asked a judge to review a suit accusing Amazon of anticompetitive behavior, Bloomberg writes, to possibly bring it back after it...

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