Lawsuit accuses Apple of antitrust violations over Apple Pay

Lawsuit accuses Apple of antitrust violations over Apple Pay

The plaintiff said Apple’s anticompetitive conduct forces the more than 4,000 banks and credit unions that use Apple Pay to pay at least $1 billion of excess fees annually for the privilege The plaintiff said Apple’s anticompetitive conduct forces the more than 4,000 banks and credit unions that use Apple Pay to pay at least […]

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Amazon is reducing its private-label items

Amazon is reducing its private-label items

The company has also discussed the possibility of exiting the private-label business entirely to alleviate regulatory pressure The company has also discussed the possibility of exiting the private-label business entirely to alleviate regulatory pressure Amazon.com Inc has started reducing the number of items it sells under its own brands amid weak sales, the Wall Street […]

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China regulator fines Alibaba, Tencent for disclosure violations

China regulator fines Alibaba, Tencent for disclosure violations

The State Admnistration for Market Regulation released a list of 28 deals that violated the rules The State Admnistration for Market Regulation released a list of 28 deals that violated the rules China has imposed fines on technology giants Alibaba and Tencent, as well as a range of other firms for failing to comply with […]

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U.K.’s competition regulator launches inquiry into Microsoft’s .7 billion Activision deal

U.K.’s competition regulator launches inquiry into Microsoft’s $68.7 billion Activision deal

The antitrust authority has set September 1 as the current deadline to announce its ‘Phase 1’ decision The antitrust authority has set September 1 as the current deadline to announce its ‘Phase 1’ decision The U.K.’s competition regulator said on Wednesday it is investigating Microsoft’s $68.7 billion proposed acquisition of ‘Call of Duty’ maker Activision […]

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Amazon faces UK investigation over anti-competitive concerns

Amazon faces UK investigation over anti-competitive concerns

Britain’s competition watchdog is investigating whether Amazon is giving an unfair advantage to merchants that pay for extra services Britain’s competition watchdog is investigating whether Amazon is giving an unfair advantage to merchants that pay for extra services Britain’s competition watchdog is investigating whether Amazon is harming competition and hurting consumers by giving an unfair […]

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UK tribunal backs most of ruling against Meta’s Giphy deal

UK tribunal backs most of ruling against Meta’s Giphy deal

Britain’s Competition and Markets Authority last year ordered Meta to sell Giphy Britain’s Competition and Markets Authority last year ordered Meta to sell Giphy Meta Platforms won an appeal against Britain blocking its acquisition of Giphy on a single procedural ground, but the country’s Competition Appeal Tribunal (CAT) endorsed the regulator’s finding that the deal […]

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