Tag Archives: probes

LONDON — European Union and British regulators opened dual antitrust investigations Friday into whether Facebook distorts competition in the classified advertising market by using data to compete unfairly against rival services. German officials, meanwhile, began a fresh investigation of Google using stepped up powers to scrutinize digital giants. The multiple investigations represent the latest escalation by European regulators in their battle to rein in the dominance of big American tech… Source link

The EU and the UK are set to open probes into Nvidia’s $40bn acquisition of chip designer Arm, Microsoft looks to capitalise on Google’s threat to shut its search engine in Australia, and Mario Draghi accepts the mandate to form Italy’s next government. Plus, the FT’s retail correspondent, Jonathan Eley, explains how bargain retail is surging during the pandemic.  UK and EU to open in-depth probes into Nvidia’s $40bn acquisition of Arm

WASHINGTON (Reuters) – Search and advertising giant Google closed its deal to buy fitness tracking company Fitbit, the companies said on Thursday, even as U.S. and Australian competition regulators said they were continuing probes of the $2.1 billion transaction. The Justice Department, which sued Alphabet Inc’s Google in October for allegedly violating antitrust law in its search and search advertising businesses, said it “has not reached a final decision about whether to pursue an… Source link

WASHINGTON (Reuters) – Search and advertising giant Google closed its deal to buy fitness tracking company Fitbit, the companies said on Thursday, even as U.S. and Australian competition regulators said they were continuing probes of the $2.1 billion transaction. The Justice Department, which sued Alphabet Inc’s Google in October for allegedly violating antitrust law in its search and search advertising businesses, said it “has not reached a final decision about whether to pursue an… Source link

WASHINGTON (Reuters) – Search and advertising giant Google closed its deal to buy fitness tracking company Fitbit, the companies said on Thursday, even as U.S. and Australian competition regulators said they were continuing probes of the $2.1 billion transaction. The Justice Department, which sued Alphabet Inc’s Google in October for allegedly violating antitrust law in its search and search advertising businesses, said it “has not reached a final decision about whether to pursue an… Source link

Enlarge / Signage in front of a building on the Google campus in Mountain View, California, on Wednesday, Dec. 16, 2020. More than three dozen state attorneys general last week filed an antitrust suit against Google, accusing the tech behemoth of a slew of anticompetitive behaviors. Among those behaviors, a new report finds, is an explicit agreement from Google to work with Facebook not only to divide the online advertising marketplace, but… Source link