Displaying items by tag: Antitrust

Search giant Google has taken a swing at European anti-trust regulators over a €4.34 billion (US$5.07 billion, A$6.96 billion) fine imposed on it in 2018 for allegedly breaching anti-trust rules relevant to Android, claiming the authorities had turned a blind eye to Apple, its sole rival in the smartphone space.

A non-profit group in the north Indian state of Rajasthan has filed an anti-trust case against Apple similar to that which the iPhone maker faces in the European Union, alleging that the US firm abuses its dominant market position by forcing developers to use its proprietary in-app purchase system.

Amazon has agreed to acquire MGM for US$8.45 billion.

The anti-trust suit filed by the US against Google in October is unlikely to make any progress, judging by the kind of people whom US president-elect Joe Biden is taking onboard as part of his transition team and also in technology roles.

Australia’s competition watchdog, the Australian Competition and Consumer Commission, says it is keeping a close watch on global anti-trust efforts focusing on major digital platforms, including the US Department of Justice’s recent case against Google and proposed new competition laws in Europe.

The US has filed a civil anti-trust suit against search firm Google, saying it was aimed at stopping the company, which dominates the sector, "from unlawfully maintaining monopolies through anti-competitive and exclusionary practices in the search and search advertising markets and to remedy the competitive harms".

The US has unveiled a 449-page report on what is says are abuses of market power by four big technology companies - Google, Facebook, Amazon and Apple - finding that the firms have used acquisitions to stifle rivals, charged exorbitant fees and forced small businesses into "oppressive" contracts in order to make a profit.

Search giant Google may soon face anti-trust suits both in the US and China, with Reuters reporting that the US Department of Justice is trying to persuade the attorneys general in states to sign up.

The European Commission has announced a formal anti-trust investigation into Amazon to find out whether the firm's use of sensitive data from independent retailers, who use its marketplace, breaches competition rules within the political bloc.

Three young Indians have been responsible for their country joining the ranks of nations that are investigating Google for alleged abuse of its Android platform.

The US Justice Department is considering whether to investigate Google for alleged anti-trust violations, a report in The New York Times claims.

American multinational semiconductor and telecommunications equipment company Qualcomm has been found to have illegally suppressed competition for smartphone processors by holding out the threat of limiting supplies and obtaining excessive licensing fees.

The Competition Commission of India, the country's anti-trust agency, has issued orders for a probe into Google for allegedly abusing the position enjoyed by its Android mobile operating system to block its rivals.

Australia’s competition watchdog, the Australian Competition and Consumer Commission has inked a new memorandum of co-operation with the United States Federal Bureau of Investigation which it says will strengthen the agencies’ joint efforts in combating cartels and other anti-competitive behaviour.

The European Union's anti-trust regulators have set 19 October as the date on which they will approve Microsoft's acquisition of the source code repository GitHub for US$7.5 billion (A$9.79 billion) in Microsoft stock.

The European Union has hit Google with a second fine in as many years, demanding that the search behemoth pay €4.34 billion (US$5.05 billion, A$6.82 billion) for breaching anti-trust rules over its Android mobile operating system.

Search giant Google is set to face a record-breaking fine from the European Union this week over alleged anti-competitive practices concerning its Android mobile operating system.

Anti-trust regulators in the European Union have deferred an announcement about fining Google for alleged anti-trust activities surrounding its Android mobile operating system due to a visit to Brussels by US President Donald Trump.

Search giant Google is likely to face another hefty anti-trust fine from the European Union in July, this time over its Android mobile operating system.

US Treasury Secretary Steve Mnuchin has acknowledged that the Justice Department needs to take a close look at technology companies like Google that may be monopolies.