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ITALY ANTITRUST LAW
Meta to exclude Italy from rival chatbot ban on WhatsAppMeta Platforms will exclude Italy from its ban on rival AI chatbots on WhatsApp following an order from the country's antitrust authority, ...
EU hits Meta with antitrust probe over WhatsApp AI featuresThe European Union has launched an antitrust inquiry into Meta's recent AI advancements on WhatsApp, citing concerns about potential barrie...
Shein, hit with big fines, boosts internal controlsShein is strengthening its controls after a string of fines over data privacy breaches, fake discounts and greenwashing. Executive chairman...
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.
Over 10,000 hotels across Europe take Booking.com to court for unfair pricing rulesOver 10,000 European hotels have launched a class-action lawsuit against a major online travel platform, seeking compensation for two decad...
Apple hit with $162 million French antitrust fine over privacy toolThe head of the French Competition Authority dismissed worries that the decision would prompt retaliation from US President Donald Trump wh...
Microsoft's deal with Mistral AI faces EU scrutinyThroughout negotiations of the AI Act, Mistral lobbied for looser rules for some models, with advocates warning that strict rules risked un...
Italy wrestles with antitrust loophole that could save Amazon a packetThe European Commission is closely following the matter, which has potential implications for a record €1.1-billion ($1.2 billion) fine in ...
Lawsuit claims Apple, Amazon colluded to raise iPhone, iPad pricesThe proposed class action in Seattle federal court objected to an agreement that took effect in January 2019, under which Apple gave Amazon...
Europe's battle with Big Tech: billions in fines and tough lawsIn the past few years, the EU has slapped eye-watering fines on Apple and Google in tax and competition cases, and drawn up a landmark law ...
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...
Treat crypto as securities, CII tells govt; MapmyIndia IPO makes flying startWith the cryptocurrency bill expected to be introduced in the ongoing session of Parliament, various stakeholders have been urging the gove...
Amazon and Apple handed $225 million Italian fine for alleged collusionThe authority imposed a fine of 68.7 million euros on Amazon and 134.5 million euros on Apple, ordering the companies to end the restrictio...
US Treasury yields fall, dollar firms on stimulus delay worriesMounting coronavirus cases and caution ahead of the U.S. Federal Reserve’s policy meeting this week also dulled appetites for risk, lending...
Books, movies, biz & life lessons: Harsh Goenka, Anita Dongre and other top bosses do a 2019 #ReUpThe industry leaders also revealed their resolutions for 2020.
ArcelorMittal to sell four European plants to Liberty House to acquire IlvaThe four facilities will together add 8 MT rolling capacity to Liberty House and take it to 15 MT a year apart from adding 12,500 people to...
- Google balks at turning over data to regulators
Google has balked at requests from regulators to surrender Internet data it collected from unsecured home networks. Buzz to compete with Fb...
- Italy's privacy regulator probes Google over Street View
Italy's privacy regulator on Wednesday said it has opened an investigation into Google after the firm admitted to have mistakenly gathered ...
- EU fines 9 companies over wax cartel
The European Union on Wednesday imposed one of its highest ever cartel fines on a `paraffin mafia'' accused of fixing prices and markets fo...
- Antitrust action against E.ON, GDF
The European Commission said on Monday it was opening anti-trust proceedings against German utility E.ON and Gaz de France over a suspected...