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Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...- SC allows Amazon's appeal, sets aside order imposing Rs 202 crore penaltyThe Supreme Court has relieved Amazon by setting aside a Rs 202 crore penalty. The apex court also suspended the e-commerce giant's deal wi...
- SC quashes CCI’s Rs 202 crore penalty on Amazon over Future Coupons dealThe Supreme Court has overturned a Rs 202-crore penalty imposed on Amazon by the Competition Commission of India. This penalty was related ...
- NextEra Energy strikes $66.8 billion deal for Dominion in bets on AI power demandThe deal, one of the largest in the U.S. power industry, adds to a wave of consolidation as the rapid data-center buildout lifts power dema...
- Dominion energy stock rises highest in over 3 years, Nextera energy stock crashes. Here's whyNextEra Energy is buying Dominion Energy in an all-stock transaction valued at about $66.8 billion, creating the world's largest regulated ...
- Britain investigates Microsoft over business software dominanceBritain's antitrust regulator will investigate Microsoft's dominance in business software. The Competition and Markets Authority will exami...
- EU rules reining in Big Tech will now target cloud services and AI, regulators sayThe European Union is expanding its Digital Markets Act to cover cloud and artificial intelligence services. This move aims to ensure faire...
- Nvidia's $20 billion Groq deal queried by senators Elizabeth Warren, Richard BlumenthalTwo Democratic senators are probing Nvidia Corp.’s $20 billion licensing deal with AI startup Groq over possible antitrust concerns. Elizab...
- Biden administration sprints to tie up tech loose endsThe Consumer Financial Protection Bureau announced late last month that it would begin to regulate e-payment services by companies like Goo...
- Amazon calls off bid to buy iRobot amid pushback in EuropeAmazon announced in 2022 that it would buy iRobot, maker of the circular-shaped Roomba vacuum, for $1.7 billion in cash. But the value of t...
- EU antitrust regulator intends to block Amazon's iRobot acquisition: reportThe European Union's competition watchdog, the European Commission, plans to block Amazon's $1.4 billion acquisition of iRobot, a robot vac...
- UK regulator asks for antitrust probe into Amazon, Microsoft cloud dominanceUK media regulator Ofcom has requested the country's antitrust regulator, the CMA, to investigate the dominance of Amazon and Microsoft in ...
- Antitrust battle: Google, Amazon, Apple face heat amid growing market dominationThe United States FTC has sued Amazon, arguing it broke antitrust laws, the Justice Department sued Google in another case over its control...
- Amazon scraps several private label clothing brandsThe move was first reported by the Wall Street Journal, which said the company has decided to eliminate 27 of its 30 in house-label clothin...
- Amazon scraps private label brands to cut costs, address antitrust scrutiny - sourceThe move was first reported by the Wall Street Journal, which said the company has decided to eliminate 27 of its 30 in house-label clothin...
- UK regulator launches probe into Amazon's planned purchase of iRobotThe probe launch by the UK watchdog comes at a time antitrust regulators, including those in the U.S. and the European Union, have become i...
- Amazon to make big business changes to settle EU antitrust casesThe agreement allows Amazon to avoid a legal battle with EU's top antitrust watchdog that could have ended with huge fines, worth up to 10%...
- Amazon's offer to end EU antitrust probe is full of loopholes, NGOs sayThe NGO group urged the European Commission to force Amazon to split its marketplace from its retail and logistics operations in order to a...
- Amazon faces UK probe over suspected anti-competitive practicesBritain's Competition and Markets Authority (CMA) said it opened an investigation on Tuesday into whether Amazon's practices affecting sell...
- Biden nominates tech critic Lina Khan for FTC commissionerIf confirmed, Khan, 32, from Columbia Law School would be one of three FTC Democratic commissioners (and the youngest ever) overseeing priv...
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