antitrust

Musk's X Too Small for EU's Big Tech Crackdown

3 months ago

A recent analysis has determined that X, owned by Elon Musk, does not fall under the strict antitrust regulations of the European Union aimed at "big tech" firms. Under new rules implemented to combat the concentration of power among large corporations in the online space, companies that reach certain thresholds regarding user numbers and revenue are subjected to closer scrutiny and restrictions.

Google Briefly Considered Cutting Ad Exchange Fees Ahead of Antitrust Pressure

3 months ago

In light of an anticipated antitrust investigation, Google almost decided to reduce fees on its advertising platform. This news highlights the pressure the company is facing due to increasing scrutiny from regulators concerned about Google's dominance in the digital advertising market.

Teva Pharms Faces Major EU Antitrust Fine for Undercutting Competitors

3 months ago

Israeli pharmaceutical company Teva Pharmaceuticals is facing a significant backlash from the European Union's antitrust regulator. The company is accused of deliberately undermining its rivals' achievements in the generics market, a severe violation of antitrust legislation. This case relates to several communities involved in the approval processes for generics, where Teva allegedly leveraged its market position to weaken its competitors' viability.

EU Increases Pressure on Tech Giants Following Apple and Google's Legal Defeats

3 months ago

Recent legal setbacks for tech giants like Apple and Google have become a significant factor in the European Union's escalating campaign against the dominance of large tech companies. The cases in which these companies failed to successfully challenge antitrust actions in their favor have sparked new discussions on the need for stricter regulations in the tech sector.

Antitrust Trial Against Google: A Crucial Legal Battle Begins in the U.S.

3 months ago

Soon, a major antitrust trial against Google, one of the largest technology giants in the world, will commence in the U.S. This process could have significant implications for the company's advertising business, which currently generates the bulk of its revenue. Authorities accuse Google of using its market position to stifle competition and manipulate the marketplace to its advantage.

Google Loses EU Court Fight: €2.4 Billion Fine Upheld

3 months ago

A recent ruling by the European Court of Justice (ECJ) has marked a significant moment for tech giant Google as it lost its bid to overturn a €2.4 billion fine imposed by European Union antitrust authorities. This fine was levied in 2017 for abusing its dominant market position in the comparison shopping sector. The court concluded that Google had manipulated its search algorithm to favor its own services, violating EU antitrust laws.

Judge to Decide on Google Antitrust Remedies in August

3 months ago

A judge overseeing the Google antitrust case plans to announce a decision on the remedies in August of the following year. This statement came during hearings discussing potential measures that need to be taken to remedy violations of antitrust laws.

NVIDIA Faces Escalating Antitrust Investigation with New DOJ Subpoena

3 months ago

NVIDIA, the technology giant known for its graphics processing units, is under pressure as the U.S. Department of Justice (DOJ) has issued a subpoena to the company. This marks a significant development in an ongoing investigation focused on potential violations of antitrust laws by NVIDIA. The subpoena suggests that authorities are scrutinizing NVIDIA's business practices related to its dominance in the graphics processing and artificial intelligence markets.

Alibaba Shed Monopolistic Practices, Says China Regulator

3 months ago

According to an official statement, Alibaba Group Holdings, the largest online retailer in China, has significantly altered its business practices to eliminate signs of monopolism. This conclusion was made by the State Administration for Market Regulation (SAMR) following a recent compliance check of Alibaba's adherence to antitrust laws.

MercadoLibre Slams Argentine Banks for Cartel Tactics

3 months ago

MercadoLibre, the largest e-commerce platform in Latin America, has issued a strong condemnation against the Argentine banking sector, accusing it of employing cartel tactics aimed at undermining its business model. In response to a sharp increase in fees and hidden charges that banks have recently implemented, MercadoLibre has formally lodged a complaint with local regulatory bodies and is calling for an investigation into the banks' actions.