Tag: Antitrust
Apple urges House Judiciary Committee to block antitrust legislation
Apple wrote an open letter to the House Judiciary Committee, arguing that the proposed App Store legislation will "harm consumers" and create "no...
The U.S. antitrust law proposes to split the technology giants in...
The Judiciary Committee of the U.S. House of Representatives will review the six latest antitrust bills at 10 am Eastern Time on Wednesday, which...
EU and UK antitrust investigation against Facebook
The European Union (EU) and the United Kingdom have opened antitrust investigations into Facebook's use of advertising data in its classified advertising business, with...
Apple CEO: ‘We don’t want to put users in danger’
Apple CEO said that if the iPhone supports 3rd party app stores, users can often face malware and cybercriminals. In a court appearance on...
Holding nearly 70% of commercial sales, Amazon is sued against antitrust...
Attorney General Karl Racine's office filed a lawsuit alleging that Amazon controlled 50 to 70 percent of US commercial sales, driving up consumer prices. ...
Apple CEO has to appear in court for the first time
Tim Cook once had to answer questions from Congress about Apple's market power, and now he faces litigation related to that issue in court. ...
CEO publishes poetry in Tang Dynasty, Chinese corporation stock price plunges
Share price of Meituan - China's largest food delivery company - plunged 7.1% to a 7-month low after CEO Wang Xing posted an ancient...
Facebook may be fined $1.8 million in Israel for ‘acquiring’ 2...
Israel's competition authority is considering imposing a fine on Facebook giant for buying two companies without approval from the agency. Facebook...
Italy fines Google more than 100 million USD for abusing its...
Italy said it discovered Google - whose Android operating system and the Google Play app store dominates the Italian market - blocked an Enel...
Germany bans Facebook from collecting WhatsApp data
Germany ordered Facebook to stop collecting German WhatsApp user data due to the illegality. Johannes Caspar, the head of the Hamburg municipal...
When billionaire Jack Ma spent time painting and practicing tai chi
Internet companies are the major growth engine of the Chinese economy. But they will fall under the Beijing government's sights when their influence goes...
More than 20 Chinese tech giants are committed to ending unfair...
More than 20 top Chinese technology companies have publicly pledged to adhere to antitrust principles. ByteDance, Baidu and CTrip are committed...
Why is Alibaba being ‘led’ to start an antitrust war against...
The fine of up to $ 2.8 billion is not a small number for Alibaba, and that is just the first blow of the...
Beijing ‘preemptive blow’ with Big Tech: See the lessons from Alibaba!
ByteDance, JD.com and Meituan were among the first tech companies to commit to antitrust compliance following the Alibaba incident. Alibaba was fined $...