U.S. senator seeks passage of Big Tech antitrust bill as time runs short
WASHINGTON – A U.S. congressional leader on antitrust, Senator Amy Klobuchar, on Tuesday called for Congress to pass a bill to rein in Big Tech, as prospects of it becoming…
WASHINGTON – A U.S. congressional leader on antitrust, Senator Amy Klobuchar, on Tuesday called for Congress to pass a bill to rein in Big Tech, as prospects of it becoming…
By Foo Yun Chee LUXEMBOURG -U.S. life sciences company Illumina on Wednesday lost its challenge against European Union scrutiny of its $8 billion cash-and-stock takeover of Grail, as a top…
Google Offers To Break Up To Prevent Antitrust Lawsuit Max Keating on July 8, 2022 Google has offered to break apart in a bid to avoid greater punishment for antitrust…
WASHINGTON – Meta’s Facebook has asked a U.S. court for eight documents created by the U.S. Federal Trade Commission as part of their review of the company’s purchases of Instagram…
BERLIN -Germany’s antitrust watchdog said on Wednesday that U.S. ecommerce giant Amazon’s position is of outstanding, cross-market importance for competition, a classification that allows the authority to prohibit any anti-competitive…
By Divya Rajagopal TORONTO – Canada’s antitrust authority, Rogers Communications and Shaw Communications will begin two-day negotiations on Monday to discuss possible remedies to the contested C$20 billion ($15.5 billion)…
FRANKFURT – German Economy Minister Robert Habeck plans to present concrete proposals to tighten the nation’s antitrust laws and give the Federal Cartel Office more powers, according to a position…
By Jonathan Stempel and Mike Scarcella NEW YORK – A federal jury on Thursday ruled in favor of American Airlines Group Inc in its long-running lawsuit accusing flight booking service…
By Foo Yun Chee BERLIN – Europe’s antitrust chief Margrethe Vestager, the architect of landmark rules to curb the power of U.S. tech giants, called on Thursday for a global…
By Foo Yun Chee BERLIN – EU antitrust rules should be beefed up to allow regulators to break up companies for serious breaches, German State Secretary Sven Giegold said on…
By Foo Yun Chee BRUSSELS – Alphabet unit Google on Monday urged Europe’s second-highest court to dismiss a 1.49-billion-euro ($1.6 billion) fine imposed by EU antitrust regulators three years ago…
(Reuters) – Semiconductor maker Broadcom Inc is under scrutiny from the U.S. Federal Trade Commission following complaints it is forcing exclusive agreements with customers, The Information reported on Friday. The…
(Reuters) -A Moscow court on Thursday ruled that it was lawful for Russia’s anti-monopoly regulator to open an antitrust case against Apple over an App Store payment dispute, dismissing a…
FRANKFURT – A Volkswagen-led consortium that has made a bid to buy Europcar has filed for antitrust clearance with the European Commission, it said on Tuesday, confirming that it expects…
By Paresh Dave BRUSSELS – EU antitrust regulators are quizzing Microsoft’s rivals and customers about its cloud business and licensing deals, a questionnaire seen by Reuters showed, in a move…
(Reuters) – Online gaming platform Roblox Corp said on Thursday Apple Inc’s App Store offers privacy and safety benefits to its users, supporting the iPhone-maker’s bid to beat an appeal…
By Foo Yun Chee BRUSSELS – Regulators are looking to update rules, which target companies abusing their market power and those setting up illegal cartels, to make them more efficient,…
WASHINGTON – The powerful U.S. Chamber of Commerce filed a brief on Monday, urging a D.C. appeals court to reject an appeal by a big group of U.S. states to…
BRUSSELS – Alphabet Chief Executive Officer Sundar Pichai will meet Europe’s antitrust chief on March 30 to discuss competition and digital issues, a European Commission official said on Thursday. Alphabet…
WASHINGTON – Alphabet’s Google urged a judge hearing a U.S. antitrust case against it to reject the Justice Department’s request that it be sanctioned, saying it had not abused attorney-client…
– The U.S. Federal Trade Commission has sought additional data from Activision Blizzard Inc and Microsoft Corp related to the antitrust review of their deal, the games developer said in…
PARIS – U.S. tech giant Microsoft is facing an antitrust complaint filed by three European rivals in the booming cloud computing business, one the plaintiffs said on Thursday. The complaint,…
By Nate Raymond -Viatris Inc, the drugmaker formerly known as Mylan, said on Monday it had agreed to pay $264 million to resolve a class action lawsuit alleging it engaged…
By Foo Yun Chee BRUSSELS – Irish insurers’ association Insurance Ireland has offered to open up its data sharing platform to non-members and apply fair criteria to access it in…
– An administrative law judge dismissed a Federal Trade Commission antitrust complaint against tobacco company Altria Group Inc. and electronic cigarette maker JUUL Labs Inc., the FTC said on Thursday.…