Competition

South Korea OKs First Banking Expansion in 30 Years

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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