Tag Archives: competition

After it looked like Apple might no-show, the company has committed to sending a representative to a Senate antitrust hearing on app store competition later this month. Last week, Senators Amy Klobuchar (D-MN) and Mike Lee (R-UT) put public pressure on the company to attend the hearing, which will be held by the Senate Judiciary Subcommittee on Competition Policy, Antitrust, and Consumer Rights. Klobuchar chairs that subcommittee and has turned her focus toward antitrust worries about… Source link

TipRanks The Dip in These 3 Stocks Is a ‘Buying Opportunity,’ Say Analysts The investing game is rarely plain sailing. While no doubt investors would like the choices that make up their portfolio to always go up, the reality is more complicated. There are periods when even shares of the world’s most successful companies have been on a downward trajectory for one reason or another. While it’s no fun watching a stock you own drift to the bottom, any savvy investor knows that if the… Source link

A new online competition regulator in the U.K. will target the likes of Facebook and Google in the latest push to rein in the power of technology giants in Europe. The Digital Markets Unit, or DMU, was launched by the British government on Wednesday, though its power to levy fines isn’t expected to come until next year, according to the Wall Street Journal. Parliament must approve legislation governing the regulator’s oversight abilities before it has real power to police… Source link

TipRanks Keep on Buying These 3 EV Stocks, Says Analyst Following Conference Investors are always on the lookout for the next big thing, the next industry that will bring the great returns. Predicting what stock sector will blast off is an inexact science, at best; but like politics, stocks run downstream from culture. And right now, culture is all-in for clean energy and electric cars. Observing the electric vehicle (EV) stock sector for Colliers Securities is industry expert Michael Shlisky…. Source link

MOSCOW (Reuters) – Russia’s Federal Antimonopoly Service (FAS) said on Wednesday a deal between Yandex.Taxi ride-hailing service, a subsidiary of Russian internet group Yandex, and a taxi firm Vezet could have negative effect on competition on the taxi market. Yandex.Taxi announced last month the acquisition of selected assets of Vezet to ramp up development of logistics services and enhance customer case across Russian regions. FAS said the deal did not require its approval as assets… Source link

MOSCOW (Reuters) – Russia’s Federal Antimonopoly Service (FAS) said on Wednesday a deal between Yandex.Taxi ride-hailing service, a subsidiary of Russian internet group Yandex, and a taxi firm Vezet could have negative effect on competition on the taxi market. Yandex.Taxi announced last month the acquisition of selected assets of Vezet to ramp up development of logistics services and enhance customer case across Russian regions. FAS said the deal did not require its approval as assets… Source link

BMO Capital Markets chief investment strategist Brian Belski on his outlook for the big tech stocks. Microsoft and Google are going head-to-head over new, bipartisan legislation that would help digital media companies and newspapers negotiate with Big Tech companies. The Journalism Competition and Preservation Act, which has been introduced in the House and Senate, would allow small news organizations to negotiate fees with the Big Tech companies of the world — like Google and Facebook –… Source link

Bloomberg Trader Arrested as WallStreetBets Phenomenon Finds Echo in Japan (Bloomberg) — A retail investor buys shares in a small company, touts his position on social media and inspires a horde of followers to do the same. The stock price goes to the moon — before crashing back to earth.It’s an all-too-familiar tale to anyone watching the market in 2021, but this wasn’t GameStop Corp. It wasn’t even in America. And it happened in 2018.It was in the Japanese city of Osaka, where a day… Source link

WASHINGTON (Reuters) – Google and Microsoft are at knives drawn. Driven in part by pressure from lawmakers and regulators over the extraordinary power the two technology companies wield over American life, the California-based search engine giant and Washington-based software firm are wrestling to throw each other under the bus. Tensions between Microsoft Corp and Alphabet-owned Google have been simmering for a while but the rivalry has become unusually public in recent days as executives from… Source link

Russia’s competition watchdog has ordered Yandex to stop giving its own companies preferential opportunities to promote their services on its search engine, as part of a warning that the company may be abusing its dominance. To read more Subscribe to Global Competition Review … Source link