Category: antitrust
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UK’s antitrust regulator to investigate Google’s search services
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LONDON (Reuters) – Britain’s antitrust watchdog said on Tuesday it would investigate Google’s (GOOG) search services using its new powers to see how it affects consumers and businesses, including advertisers, news publishers and rival search engines. NASDAQ GS – deferred quote • US dollars When Closed: January 13 at 4:00:02…
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Microsoft faces broad antitrust investigation from U.S. FTC
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The US Federal Trade Commission has opened an antitrust investigation into Microsoft Corp, looking into everything from the company’s cloud computing and software licensing businesses to its cybersecurity offerings and artificial intelligence products. After more than a year of informal interviews with competitors and business partners, antitrust officials have drafted…
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Amazon wins partial dismissal of US antitrust lawsuit By Reuters
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Written by Judy Godoy (Reuters) – Amazon.com Inc has won the partial dismissal of a lawsuit filed by the U.S. Federal Trade Commission accusing it of maintaining illegal monopolies, although details of the ruling issued by a federal court in Seattle on Monday were not immediately clear. The Federal Trade…
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Amazon wins partial dismissal of US antitrust lawsuit By Reuters
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Written by Judy Godoy (Reuters) – Amazon.com Inc has won the partial dismissal of a lawsuit filed by the U.S. Federal Trade Commission accusing it of maintaining illegal monopolies, although details of the ruling issued by a federal court in Seattle on Monday were not immediately clear. The Federal Trade…
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Online sellers on Walmart’s Flipkart sue India watchdog over antitrust probe By Reuters
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By Aditya Kalra NEW DELHI (Reuters) – Three online sellers working for Walmart-owned Flipkart have sued India’s antitrust watchdog over an investigation that found they, Flipkart and rival Amazon (NASDAQ:) violated competition laws, according to court filings seen by Reuters. The filings come after antitrust investigations that concluded in August…
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FTC Chair Lina Khan welcomes companies weighing antitrust in deals, addresses critics By Reuters
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Written by Judy Godoy and Lananh Nguyen NEW YORK (Reuters) – U.S. Federal Trade Commission Chair Lina Khan on Friday welcomed companies evaluating antitrust considerations early in the deal-making process. “When you see greater scrutiny of mergers, you see greater deterrence of illegal mergers,” Khan told the Council on Foreign…
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Factbox-What are India’s antitrust findings against Amazon, Flipkart By Reuters
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Written by Aditya Kalra NEW DELHI (Reuters) – India’s antitrust investigation has found that Amazon.com Inc and Walmart Inc’s Flipkart violated local competition laws by giving preference to some sellers, prioritizing some listings and cutting product prices sharply to the detriment of other companies. Here are the key findings of…
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What will happen to Microsoft after Google antitrust ruling?
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The court’s ruling that Google is a “monopoly” could have ripple effects throughout the tech industry. A recent analyst note from WedBush Securities lays out a few possible scenarios. Some are more likely than others, and not all are favorable to Google — though some could be. Options on the…
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US antitrust probe endangers Nvidia – Run:ai deal – report
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The US Department of Justice is conducting an antitrust investigation into US AI chip giant Nvidia Corp.’s acquisition of an Israeli AI infrastructure management company. Run: You haveIn fact, the investigation is jeopardizing the completion of the $700 million acquisition, Politico and the Financial Times reported. Tel Aviv-based Run:ai, founded…
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Exclusive-KKR set for unconditional EU antitrust okay for Telecom Italia deal, sources say By Reuters
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Written by Fu Yunqi and Elvira Pollina BRUSSELS/MILAN (Reuters) – U.S. investment firm KKR is expected to receive unconditional European Union antitrust approval for the purchase. Telecom Italia (BIT:) Fixed Line Network (TIM) after agreeing to maintain commercial agreements with TIM’s rivals, people with direct knowledge of the matter said.…
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Google wants judge, not jury, decide upcoming antitrust case in Virginia
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Breadcrumb links PMN works Article writer: Associated Press Matthew Barakat Posted on May 16, 2024 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. FILE – The Google logo is seen at Google headquarters in Brussels, March…
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Google wants judge, not jury, decide upcoming antitrust case in Virginia
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Breadcrumb links PMN works Article writer: Associated Press Matthew Barakat Posted on May 16, 2024 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. FILE – The Google logo is seen at Google headquarters in Brussels, March…