Competition

EU Conditionally Approves Facebook Parent’s Buy of Kustomer
EU Conditionally Approves Facebook Parent’s Buy of Kustomer
January 28, 2022  |  Acquisitions

The chief regulator of the EU has approved Meta Platforms’ acquisition of Kustomer, a report from Seeking Alpha says, which concludes a saga that was...

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EU Report on Internet of Things Highlights Potential Competition Concerns 
EU Report on Internet of Things Highlights Potential Competition Concerns 
January 25, 2022  |  Internet of Things

The European Commission published a sector inquiry into consumer Internet of Things (IoT) last Thursday, analyzing the competitive landscape, emerging trends and potential competition issues. ...

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DOJ Antitrust Head Takes Tough Stance on Anticompetitive Deals
DOJ Antitrust Head Takes Tough Stance on Anticompetitive Deals
January 25, 2022  |  ANTITRUST

The new antitrust head for the U.S. Department of Justice (DOJ) is aiming to stop mergers that thwart competition and is planning to enforce remedies...

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Big Tech’s Three Biggest Regulatory Threats
Big Tech’s Three Biggest Regulatory Threats
January 24, 2022  |  Big Tech

When the Senate Judiciary Committee voted last Thursday to advance the American Innovation and Choice Online Act, a bipartisan antitrust bill, it set the path...

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Delivery Hero Ends Exclusive Restaurant Deals in Norway After Competition Probe
Delivery Hero Ends Exclusive Restaurant Deals in Norway After Competition Probe
January 21, 2022  |  Delivery

Norway residents will soon have other ways of getting their meals delivered. Get the Full Story Complete the form to unlock this article and enjoy...

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US Retailers May Face an Uphill Road To Challenge Visa, Mastercard Swipe Fees 
US Retailers May Face an Uphill Road To Challenge Visa, Mastercard Swipe Fees 
January 20, 2022  |  Regulation

U.S. retailers, via the Merchants Payment Coalitions, have sent a letter to the Federal Trade Commission (FTC) and the Department of Justice (DoJ) on Wednesday...

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Mastercard Hit with £31.5M Fine for Running Pre-Paid Card Ring
Mastercard Hit with £31.5M Fine for Running Pre-Paid Card Ring
January 18, 2022  |  Mastercard

Mastercard and four other companies were fined a total of £33 million ($45.01 million) for their practices involving prepaid cards, with Mastercard being hit with...

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With Subscriber Growth Slowing, Media Groups Spend $115B on Streaming Content
With Subscriber Growth Slowing, Media Groups Spend $115B on Streaming Content
December 29, 2021  |  Streaming

The top eight U.S. media groups will spend at least $115 billion on new content — even as video streaming loses them money, Financial Times...

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Retail Brands Seek Compensation from Visa, Mastercard, Claiming High Fees
Retail Brands Seek Compensation from Visa, Mastercard, Claiming High Fees
December 12, 2021  |  Credit Cards

Several big retail brands, including Levi, Superdry and AllSaints, are looking for compensation from Visa and Mastercard over the payment companies’ controversial transaction fees, a...

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