Tag Archives: antitrust

Google slapped with $120 million fine by Italy’s antitrust watchdog

The Italian antitrust authority said on Thursday that it imposed a fine of €102 million ($123 million) on Google for abuse of a dominant position through its Android mobile operating system and app store Google Play. “Google has a dominant position which allows it to control the reach app developers have on final users,” the regulator said in a statement. The ruling condemns the company for not allowing drivers of electric cars who need to recharge… Source link

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Google hit with $123M antitrust fine in Italy over Android Auto – TechCrunch

Google has been fined just over €100 million (~$123M) by Italy’s antitrust watchdog for abuse of a dominant market position. The case relates to Android Auto, a modified version of Google’s mobile OS intended for in-car use, and specifically to how Google restricted access to the platform to an electric car charging app, called JuicePass, made by energy company Enel X Italia. Android Auto lets motorists directly access a selection of relevant apps (like maps and music streaming… Source link

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Italy's antitrust fines Google 102 million euros for abuse of dominant position – WHBL News

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Google’s earnings expected to be bright despite dark antitrust clouds

When Google parent Alphabet Inc. reports first-quarter earnings on Tuesday, the bottom-line should be stout with advertising sales. The same can’t be said for its prospects on the regulatory front. Alphabet GOOGL, +2.10% GOOG, +2.09% is expected to show revenue growth of roughly 25% from last year, when the COVID-19 pandemic caused some companies to immediately cut off their advertising budgets to preserve cash. The company’s sales… Source link

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How Senator Amy Klobuchar’s Antitrust Battle Against Apple’s and Google’s App Stores Could Impact Startups

Spotify, Tile, and Match Group aren’t exactly startups anymore. Neither is Epic Games, the maker of Fortnite, which last summer was valued at $17.3 billion. But these companies, which all rely on Apple and Google to host their apps, are locked in a battle with the tech giants that could trickle down to smaller companies and independent app developers. Several of these companies testified before a subpanel of the Senate Judiciary Committee on Wednesday, chaired by Senator Amy Klobuchar (D-MN),… Source link

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Apple, Google Come Under Fire at Senate Antitrust Hearing

WASHINGTON—Lawmakers and mobile app companies took aim at Apple Inc. and Alphabet Inc.’s Google in a hearing Wednesday focused on competition concerns about the companies’ power over their smartphone ecosystems. The hearing marked an escalation of lawmakers’ antitrust scrutiny on smartphone makers, and particularly Apple. Google already has been sued by federal and state authorities… Source link

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Apple (AAPL), Google (GOOG) Face Bipartisan Antitrust Grilling Over App Stores

Apple Inc. and Alphabet Inc.’s Google will come under close antitrust scrutiny Wednesday from lawmakers concerned about the way both companies run the marketplaces that give consumers around the world access to millions of apps on handheld devices. Senators Amy Klobuchar of Minnesota and Mike Lee of Utah, the chair and ranking Republican on the Judiciary Committee’s antitrust subcommittee, are leading the panel’s inquiry into potential anticompetitive practices in Apple’s App Store… Source link

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Daily Mail owner files antitrust suit against Google in US

The owner of the Daily Mail website, Associated Newspapers, is suing Google, saying the tech company’s dominance in online advertising has harmed its business. The suit, filed Monday in federal court in New York, says Google punishes publishers’ search results if they don’t sell enough ad space through Google and that its control over the ad market depresses prices for publishers. “Google wields its monopoly search engine to entrench its ad-tech dominance,” the suit alleges, citing… Source link

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