A US federal court has rejected the FTC's attempt to break up Meta, ruling that Instagram and WhatsApp can remain under the company's control - a major blow to regulators targeting Big Tech dominance
Madison was among numerous ad agencies and a group of broadcasters raided by CCI on suspicion of collusion over advertising rates and discounts, in strictest regulatory action on the sector to date
The case was triggered by a complaint from state-run Oil and Natural Gas Corporation in 2023, related to bidding of certain tenders by the steel pipe companies
Many foreign and domestic companies are bullish about the Indian courier and parcel delivery market
Elon Musk said that Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI to reach #1 in the App Store
The civil suits are linked to a 2017 decision by the European Commission to fine Google 2.4 billion euro for illegally leveraging its search dominance
Along with Google and Meta, Amazon and Apple are also currently facing significant antitrust challenges in the US
In internal emails revealed in court, Meta CEO Mark Zuckerberg admits Facebook's cultural relevance is slipping, calling its friend-based model outdated and less engaging
The March 18 surprise searches followed tip-offs under a leniency scheme by the CCI that reduces penalties for companies providing evidence, Reuters has reported, with Dentsu one of those applying
Meta CEO Mark Zuckerberg testifies in antitrust trial, defending Instagram and WhatsApp acquisitions amid FTC claims of stifling competition; a potential breakup looms
While the court ruling is a win for the German antitrust watchdog, the crackdown by powerful EU regulators is more of a threat to Big Tech, said Assimakis Komninos, a partner at White & Case
With that, Apple joins Google parent Alphabet and Facebook owner Meta on Germany's growing list of tech giants subject to possible measures curbing their dominance
Apple's Safari and Google's Chrome browsers dominate the market, it said, with Safari accounting for 88% of browsers on Apple devices and Chrome accounting for 77% on devices running Google's AOS
The Italian watchdog fined Google 102 million euros ($106.7 million) in 2021 for blocking Enel's JuicePass on Android Auto
"The proposed amendments aim to strengthen the regulatory framework governing the recovery of monetary penalties, enhancing procedural clarity and efficiency," said CCI chairperson Ravneet Kaur
Pernod Ricard responds to reports of CCI raids over alleged retailer collusion to promote whisky brand
Canada's antitrust watchdog said Thursday it is suing Google over alleged anticompetitive conduct in the tech giant's online advertising business and wants the company to sell off two of its ad tech services and pay a penalty. The Competition Bureau said that such action is necessary because an investigation into Google found that the company "unlawfully" tied together its ad tech tools to maintain its dominant market position. The matter is now headed for the Competition Tribunal, a quasi-judicial body that hears cases brought forward by the competition commissioner about non-compliance with the Competition Act. The bureau is asking the tribunal to order Google to sell its publisher ad server, DoubleClick for Publishers, and its ad exchange, AdX. It estimates Google holds a market share of 90 per cent in publisher ad servers, 70 per cent in advertiser networks, 60 per cent in demand-side platforms and 50 per cent in ad exchanges. This dominance, the bureau said, has discouraged ..
The timing and decision on whether to go ahead with an investigation will be taken by incoming EU antitrust chief Teresa Ribera in the coming months,
Apple contends that its iPhone business is constrained by Samsung Electronics Co and Alphabet Inc's Google but that is an argument the company can make at trial, Justice Dept attorney Lasken said
Firm told employees to destroy messages, avoid certain words and copy lawyers as often as possible to avoid antitrust suits