Tagged: antitrust

May 2, 2022 @ 7:45 am By JD Alois  |  

Margrethe Vestager, EU Executive VP, Competition Policy, is pursuing big tech once again, this time hitting Apple (NASDAQ:AAPL) with anti-trust charges. Today in a public statement, the European Commission said it has sent a Statement of Objections to Apple regarding its view that it abused its… Read More

April 28, 2022 @ 4:15 pm By JD Alois  |  

Big tech firm and iPhone creator Apple (NASDAQ:AAPL) is going to be hammered once again by the European Union. This time with accusations that Apple Pay is anti-competitive. Apple Pay was introduced by Apple in 2014 along with iPhone 6 and has been slowly rolled… Read More

December 9, 2020 @ 11:22 pm By Omar Faridi  |  

  One of China’s top banking regulators has called into question the power of the nation’s large Fintech firms and suggested taking “timely and targeted measures to prevent new systemic risks.” As reported by CNBC, the Chinese official’s comments seem to indicate that more regulations… Read More

December 2, 2020 @ 9:33 pm By Omar Faridi  |  

Governments across the globe are always trying to create a balance between enabling or supporting tech advancements and innovation while preventing large companies such as Google (NASDAQ:GOOG) and Facebook (NASDAQ:FB) from unfairly using their dominant position to eliminate smaller competitors. India is reportedly planning to… Read More

November 11, 2020 @ 11:55 pm By Omar Faridi  |  

India’s antitrust body has reportedly ordered an investigation that will look into whether Alphabet Inc’s Google has been taking unfair advantage of its market position in the country to promote its digital payments app. The tech giant has also been accused of forcing application developers… Read More