Google appealed to the European Union’s second-highest court on Monday to junk its $1.6 billion antitrust fine over alleged abuse of dominance in online search advertisements. The tech company went on a three-day hearing to dispute the European Commission’s accusation …
The European Commission has accused Apple of violating antitrust rules, alleging the company of restricting competition in the mobile wallets market on iOS. The commission said that Apple has not made available to third-party application developers of mobile wallets the …
The European Union’s securities watchdog proposed on Friday that regulators should have more powers to scrutinize financial services to protect retail investors from misleading marketing strategies. The European Securities and Markets Authority (ESMA) gave recommendations to the EU’s executive European …
Lenovo Singapore and its former authorized reseller Want Join have been found guilty of making misleading claims when advertising the capabilities of some of its gaming laptop models. In January 2020, the Consumers Association of Singapore (CASE) released a case …
European lawmakers on Thursday have agreed on new sweeping legislation that will regulate the market power of tech giants like Google, Amazon and Facebook. The Digital Markets Act (DMA), proposed by the EU’s antitrust chief Margrethe Vestager, targets what it …
Australia’s competition regulator said it has “significant concerns“ about the retail price of COVID-19 rapid antigen tests, with reports of kits costing as much as A$100 ($72) each amid a widespread shortage. “In the middle of a significant outbreak of …
Italian antitrust regulators imposed Amazon on Dec. 9 with a €1.13 billion ($1.28 billion) fine for alleged abuse of market dominance. The Autorità Garante della Concorrenza e del Mercato (AGCM) said in a statement that Amazon abused its dominant position …
The European Commission has fined five banks a combined €344 million ($390 million) for being involved in a foreign exchange trade cartel. Barclays, RBS, HSBC, and UBS were fined a discounted total of €261 million for acknowledging their involvement in …
The British competition regulator is expected to block Meta’s acquisition of the GIF platform Giphy over antitrust concerns. According to a Financial Times report, a reversal of the Meta deal would be the first time the U.K.’s Competition and Markets …
Italy’s antitrust authority has fined Google and Apple 10 million euros ($11.23 million) each for utilizing user data for commercial purposes. The Italian Competition Authority (AGCM) said in a statement on Friday that the two tech giants were unclear to …
