Meta Platforms is reportedly facing its first antitrust fine in the European Union (EU). That fine could be handed down in a few weeks in response to the company connecting its classified ad service Marketplace with the Facebook social network, Reuters reported Thursday (July 25), citing sources with direct knowledge of the...
Spain’s antitrust regulator has opened an investigation into Apple’s App Store. The probe, announced Wednesday (July 24) by the National Commission for Markets and Competition (CNMC), is the latest in a series of similar actions by regulators involving the tech giant’s online store. The CNMC says it wants to determine whether...
Delivery Hero and its Spanish unit Glovo are under investigation by Europe’s antitrust watchdog. The European Commission (EC) announced Tuesday (July 23) that it will probe whether the relationship between the two online food delivery companies violates competition law. The EC says it is concerned that before Delivery Hero acquired Glovo in...
It is an election year — and political uncertainty is top of mind for businesses. With the news Monday (July 15) that presidential candidate Donald Trump has picked Senator J.D. Vance (R-OH), a former lawyer and venture capitalist, as his running mate, the potential implications...
Germany’s Delivery Hero says it may face a “significant” fine over alleged antitrust violations. The online delivery service warned of the potential $433 million fine in a statement on its website Sunday (July 7). The fine would be “for alleged anti-competitive agreement to share national markets, exchanges of commercially...
Chipmaker Nvidia is reportedly about to be charged with antitrust violations in France. The French competition authority’s pending charges would follow a raid on Nvidia’s offices last year, Reuters reported Monday (July 1), citing sources familiar with the matter. Nvidia has seen its fortunes bloom...
European regulators say Microsoft’s Teams may have breached its antitrust rules through “possibly abusive” practices. The European Commission (EC) said Tuesday (June 25) that a preliminary investigation found that the tech giant had violated competition rules by bundling Teams — its messaging and conferencing offering...
Discover’s Pulse Network has settled a 10-year-old antitrust suit against Visa. Pulse had accused Visa of preventing competition in the debit card network services market, thus raising fees for merchants. The two companies revealed their agreement in a court filing Friday (June 14), flagged in...
Four more states have joined the Department of Justice’s civil antitrust lawsuit alleging that Apple monopolizes smartphone markets. The attorneys general of Indiana, Massachusetts, Nevada and Washington joined 15 other states, the District of Columbia and the DOJ as co-plaintiffs in the suit, the Justice...
