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ANTITRUST CRACKDOWN
European regulators crack down on Big TechEuropean regulators are taking strong action against major tech firms. Investigations are underway into Google, Apple, Meta, Microsoft, Tik...- US judge rules Meta purchases of Instagram and WhatsApp did not stifle competitionThe ruling is a major setback for the US Federal Trade Commission, which is pursuing a separate antitrust case against Amazon. The agency s...
- Google hits setback in bid to overturn EU antitrust fine in Android caseGoogle suffered a major blow as a top EU court adviser recommended upholding a $4.7 billion antitrust fine over Android’s market dominance....
- Japan watchdog accuses Google of antitrust violationJapan's Fair Trade Commission is poised to declare Google in violation of antitrust laws, ordering the tech giant to cease monopolistic pra...
- CCI raids Pernod, Budweiser maker AB InBev in liquor industry crackdownIndia's antitrust body, the Competition Commission of India (CCI), raided the offices of alcohol giants Pernod Ricard and Anheuser-Busch In...
- Google's antitrust case in the US: a timelineGoogle, the internet giant, has an antitrust violation filed by the Justice Department of the United States that has been spanning for almo...
- US to call for Google to sell Chrome browser: reportThe US will urge a judge to make Google-parent company Alphabet sell its widely used Chrome browser in a major antitrust crackdown on the i...
- US to call for Google to sell Chrome browser: reportThe US Department of Justice is urging a judge to order Google to sell its Chrome browser as part of a major antitrust crackdown. The gover...
- Big Tech, calls for looser rules await new EU antitrust chiefNominated by European Commission President Ursula von der Leyen for the high-profile antitrust post on Tuesday, Ribera has been Spain's min...
- Silicon Valley’s tech billionaires line up for Trump in new twistElon Musk, CEO of Tesla and SpaceX, expressed full support for Trump on X, a platform he owns. He plans to commit $45 million a month to a ...
- Trump VP pick JD Vance supports Big Tech antitrust crackdownVance, a Republican U.S. senator from Ohio, joined the presidential ticket on Monday at the Republican National Convention in Milwaukee, wh...
- EU top court rejects 250 million EU tax order to AmazonEurope's top court on Thursday scrapped an EU order to Amazon to pay 250 million euros ($270 million) in back taxes to Luxembourg, part of ...
- Fiat wins EU top court fight over tax billThe EU Court of Justice annulled the European Commission's decision in a binding judgment on Tuesday, saying that its analysis was "erroneo...
- Tencent sued in China over 'inappropriate' content in 'Honor of Kings' gameThe lawsuit coincides with an unprecedented antitrust crackdown by Beijing on some of China's biggest tech companies, which is said to incl...
- China fines Alibaba record $2.75 bn for anti-monopoly violationsThe ruling Communist Party is tightening control over China's biggest e-commerce and other internet companies and has warned them not to us...
- Tencent's quarterly revenue jumps 26%, helped by online gamesProfit rose 175% in the same period to 59.3 billion yuan, largely thanks to fair-value gains in companies Tencent has invested in, and sale...
- Tencent boss meets China antitrust officials as scrutiny widens: ReportTencent, whose WeChat messaging and payment mobile app is ubiquitous in the world's second-largest economy, is expected to be the next in l...
- Alibaba's $10 bln buyback plan fails to halt stock slide as regulatory concerns mountA sharp sell-off over two sessions has knocked almost $116 billion off the tech giant's Hong Kong-listed shares.
- China stocks dip as anti-trust probe into Alibaba hits tech sharesChina's blue-chip index CSI300 fell 0.1% to 5,000.02, while the Shanghai Composite Index lost 0.6% to 3,363.11. The tech heavy STAR Market ...
- US antitrust crackdown on Google echoes Europe's movesGoogle got its first EU antitrust penalty in 2017, when officials fined it 2.42 billion euros ($2.72 billion) for unfairly favoring its own...
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