Tag Archives: antitrust

India’s antitrust watchdog has ordered an investigation into allegations that Google has abused the dominant position of Android in the country’s smart TV market. The news comes hours after the European Union opened a formal antitrust investigation into allegations that Google abuses its leading role in the advertising-technology sector. In its initial review, the Competition Commission of India, which began looking into these allegations last year, said Google had… Source link

The European Union opened a formal antitrust investigation into allegations that Google abuses its leading role in the advertising-technology sector, the most wide-ranging case yet to look at that pillar of the tech giant’s business. The European Commission, the EU’s top antitrust enforcer, said Tuesday that its investigation, which has been under way informally since at least 2019, will look at a broad array of allegedly anticompetitive business practices around the Alphabet Inc…. Source link

The formal investigation, which follows a preliminary probe that began in 2019, will examine whether Google (GOOGL) is distorting competition by restricting access to user data for advertising purposes, while reserving such data for its own use, the European Commission said on Tuesday. “Google collects data to be used for targeted advertising purposes, it sells advertising space and also acts as an online advertising intermediary. So Google is present at almost all levels of the supply chain… Source link

Alphabet Inc.’s Google made a rare surrender to French and U.K. regulators last week when it offered global changes to its ad sales and tracking practices, marking a turning point in Europe’s long effort to rein in the search-engine giant. The move could prompt other enforcers around the world to follow that example after years of inquiries and megafines by the European Commission haven’t changed Google’s behavior. “Obtaining a settlement is likely to be a… Source link

Alphabet Inc.’s Google and Amazon.com Inc. defended their smart-speaker businesses as U.S. senators warned the grip the companies have over the market could harm competition and consumer privacy. Republicans and Democrats at a hearing Tuesday raised concerns about what they said were anticompetitive practices such as selling devices below cost and promoting their own services over those of competitors on their platforms. Senator Amy Klobuchar, the Minnesota… Source link

Takashi Mochizuki | Bloomberg The Japanese government will start investigating how Apple Inc. and Alphabet Inc.’s Google deal with Japanese smartphone makers, which could lead to tightening antitrust regulations, the Nikkei newspaper reported Sunday, without saying where it got the information. A government panel, which consists of officials, bureaucrats and external experts, will kick off the discussion this month as Apple’s iOS and Google’s Android software stands at more than 90% of… Source link

Amazon, Apple, Facebook and Google could be forced to overhaul their business practices under a new expansive set of antitrust reforms introduced by a bipartisan group of House lawmakers on Friday. The package of five bills, earlier reported by CNBC and other outlets, would make it harder for dominant platforms to complete mergers and prohibit them from owning businesses that present clear conflicts of interest. The legislation represents the most comprehensive effort to reform century-old… Source link

Executives from Alphabet’s Google (GOOGL.O) and Amazon.com (AMZN.O) head the list of witnesses for a hearing before the Senate Judiciary Committee’s antitrust subcommittee next week, along with an executive from speaker maker Sonos Inc (SONO.O), which has been critical of the two tech giants. Ryan McCrate, an associate general counsel, will speak for Amazon while public policy specialist Wilson White will testify for Google, said Senators Amy Klobuchar, chair of the panel, and Mike Lee, the… Source link

U.S. House Impeachment manager David Cicilline (D-RI) speaks on the second day of former President Donald Trump’s second impeachment trial at the U.S. Capitol on February 10, 2021 in Washington, DC. congress.gov via Getty Images A group of House Democrats is circulating discussion drafts of antitrust bills that would force the biggest tech companies to change parts of their business models and curtail large acquisitions, according to copies obtained by CNBC. While the drafts could still change… Source link

MOSCOW, June 9. /TASS/. The Russian internet company Yandex has filed a lawsuit against the Federal Antimonopoly Service (FAS) with the Moscow Arbitration Court to declare the regulator’s decisions and actions in the case of search promotion tools illegal. This is according to the court’s files. “We are ready to openly explain our position and proposal on enhanced results to the market as part of the requirements specified in the FAS warning. Therefore, Yandex initially petitioned for… Source link