You have searched for "competition"
Showing 1-10 of 4387
US antitrust officials are nearing a final decision on bringing a lawsuit against Facebook Inc that accuses the social-media giant of using its dominance to harm competition, according to a person familiar with the matter.
South Korea’s antitrust chief said on Oct 22 the agency believes US search engine giant Google has undermined competition, adding that the agency plans to present a case to its review committee this year.
Google’s long-running business model based on free services and advertising will be put to the test in the landmark antitrust lawsuit filed this week by the US Justice Department.
The US monopoly case against Alphabet Inc’s Google is likely to trigger an onslaught of private antitrust lawsuits riding on the allegations in the government’s complaint.
Google has long defended itself against charges of monopoly by stressing that its products are free and that no one has to use them.
Google barely took a scratch from three European Union antitrust probes that lasted nearly a decade and cost it more than €9bil (RM44.21bil). Regulators are still struggling with how to tackle anti-competitive behaviour, a lesson the US needs to learn.
Technology giants such as Amazon.com Inc and Alphabet Inc’s Google spent millions on lobbying in the third quarter of 2020 as they braced for an eruption of antitrust scrutiny in Washington that saw top executives summoned to testify before Congress.
The US government’s antitrust case against Alphabet Inc’s Google appears strong, but could face an uphill battle from a business-friendly judiciary that may question whether a free search engine beloved by consumers has actually left them worse off, several legal experts said.
Alibaba’s move to take control of hypermarket operator Sun Art is expected to push forward its ‘new retail’ strategy in China. The stakes are high for Alibaba amid predictions that China will soon edge out the United States as the world’s largest retail market.
Californian Internet giant Google faces a growing list of battles around the world, from tussles in Europe and Australia over fair compensation for media outlets to competition probes on both sides of the Atlantic.