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Meta vs CCI; Zomato parent climbs Nifty ranksMeta says CCI’s market abuse claims don’t hold unless proven. This and more in today’s ETtech Top 5.
Prosus set to win EU nod for $4.74 billion Just Eat deal, sources sayProsus, which is majority owned by South Africa's Naspers, announced the deal in February, banking on its artificial intelligence capabilit...
Spain's watchdog expands probe into Apple over App Store pricingSpain’s antitrust watchdog, CNMC, is expanding its probe into Apple over alleged anti-competitive practices. The investigation focuses on c...
Prosus offers remedies to address EU concerns about Just Eat deal"We have submitted remedies that directly and comprehensively address the concerns expressed in their preliminary assessment, with a view t...
EU hits food delivery company Delivery Hero with €329 million fineThe European Commission, which acts as the EU's competition watchdog, said the two companies admitted their involvement in the cartel and a...
Spain's antitrust watchdog opens investigation into Apple's app storeThe CNMC, as the regulator is known, said that Apple may have imposed unequal commercial conditions on developers of mobile applications so...
European regulators crack down on Big TechEU regulators probe Big Tech. Apple addresses DMA breaches, Spotify's complaint. Microsoft leaves OpenAI’s board. Meta's consent model, Cro...
Microsoft hit with Spanish startups' complaint about cloud practicesThe US tech giant ranks second in the cloud computing sector, behind market leader Amazon but is expected to close the gap rapidly as a clu...
Spain's high court suspends $209 million fines on Apple, Amazon amid appealCNMC, as the watchdog is known, fined Amazon and Apple for colluding to prevent dealers other than Amazon from selling Apple wares on Amazo...
Spain's watchdog clears Amazon, Booking.com, Tripadvisor over fake reviewsThe watchdog has detected possible signs of a violation of consumer protection regulations, and therefore sent the complaint to the consume...
Spain antitrust watchdog fines Amazon, Apple $218 millionSpain's antitrust watchdog said it had imposed fines worth 194 million euros ($218.2 million) in total on Amazon and Apple for colluding to...
Microsoft's president to push Activision deal at EU hearing; Google, Nvidia also presentThe hearing will allow Xbox maker Microsoft to gauge the mood among senior EU and national competition officials and Commission lawyers ahe...
Swiggy trails Zomato despite bigger discounts: Jefferies; Paytm’s 75% stock drop sets world recordAggressive discounts aren’t a guarantee of success in online food delivery, it seems. According to a report published early today by Jeffer...
Spanish competition watchdog launches probe into Booking.comThe regulator, known as CNMC, said in a statement on Monday the proceedings stemmed from two complaints filed by the Spanish Association of...
Shipping companies had a $150 billion year. Economists warn they’re also stoking inflationFaced with forces that are upending traditional business models, shippers around the world are pleading with regulators to rein in ocean-fr...
View: Shouldn’t India’s news media be self-reliant, too?In India, tech giants are in the same comfort zone as always. Proof of that is India doesn’t figure in any of the quasi-solutions proposed ...
Google's $76 million deal with French publishers leaves many outlets infuriatedThe accord follows France's implementation of the first copyright rule enacted under a recent European Union law that creates "neighbouring...
How countries are trying to make Google, Facebook pay for news contentGoogle and Facebook ferry more than 80% of external traffic to various news sites, according to Parse.ly, a web analytics and content optim...
ET Explains: Making internet majors pay for news content they make money fromAustralia has issued a draft on this critical process. ET explains
Carlos Slim to take a share cut; bows to Mexico reformAmerica Movil did not specify which assets it could get rid of, and a spokesman said it was still open as to what and to whom it could sell.