Tag Archives: watchdog

InvestorPlace SoFi Stock Looks Like a Good Value Below $21 SoFi Technologies (NASDAQ:SOFI) still looks like good value here now that it is public, which allowed it to receive $1.91 billion in additional cash. Moreover, on May 24, the company produced its 10-Q filing, and on May 31 it sent out an investor presentation. (For some odd reason, the company did not produce an actual earnings release, just a slide presentation.) Nevertheless, SOFI stock is still worth between $23.91 and $27.80…. Source link

UK’s competition watchdog said on Tuesday it was looking into the mobile ecosystems of Apple (AAPL.O) and Alphabet’s Google (GOOGL.O), launching a study over concerns that the tech giants have market power that is harming users and businesses. Our Standards: The Thomson Reuters Trust Principles. Source link

The UK Competition and Markets Authority has announced it will take an active role in developing Google’s plans to prevent websites tracking Chrome users. Under the proposals, the CMA would accept legally binding commitments from Google not to use its proposed replacements for tracking cookies, a set of technologies the search engine calls its Privacy Sandbox, in a way that would harm competition. It is thought to be the first time a competition regulator has been involved at such an early… Source link

Well this is big. The UK’s competition regulator looks set to get an emergency brake that will allow it to stop Google ending support for third party cookies, a technology that’s currently used for targeting online ads, if it believes competition would be harmed by the depreciation going ahead. The development follows an investigation opened by the Competition and Markets Authority (CMA) into Google’s self-styled ‘Privacy Sandbox’ earlier this year. The regulator will have the… Source link

[unable to retrieve full-text content] Google pledges to resolve ad privacy probe with UK watchdog  Associated Press UK competition regulator gets a say in Google’s plan to remove browser cookies  CNBC Google pledges to work with UK regulator in plan to remove browser cookies  Reuters UK CMA to have key oversight role over Google’s planned removal of third-party cookies  GOV.UK View Full Coverage on Google News Source link

Britain’s competition regulator said on Friday it had secured commitments from Google (GOOGL.O) about the tech giant’s proposal to remove third-party cookies from its Chrome browser. The Competition and Markets Authority (CMA) said the commitments were a result of action it launched against the U.S. company in January following concerns that its proposals could restrict competition in digital advertising. read more Third-party cookies are used by digital advertisers to personalise and target… 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

Alphabet’s Google (GOOGL.O) agreed to make changes to some of its widely-used online advertising services under a settlement with France’s antitrust watchdog released on Monday. The authority also fined the Mountain View, California-based company 220 million euros ($267.48 million) after a probe found it abused its market power in the intricate ad business online, where some its tools have become almost essential for large publishers. “The decision to sanction Google is of particular… Source link

A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave/File Photo Germany’s antitrust watchdog launched a probe into whether Google Germany, Google Ireland and its parent company Alphabet (GOOGL.O) are exploiting their market dominance, it said on Tuesday. The cartel office said the investigation will consider whether the tech giant offers users enough choice in how it uses their data. Our Standards: The… Source link

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