U.S., European enforcers say digital economy means new factors to consider in antitrust reviews


FILE PHOTO: Signage is seen at the Federal Trade Commission headquarters in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew Kelly/File Photo

WASHINGTON (Reuters) - The U.S. Federal Trade Commission and the Justice Department's Antitrust Division reaffirmed on Tuesday cooperation with the European Commission, with the three agencies saying that the development of digital economy means any competition assessment must now consider new factors.

(Reporting by Diane Bartz)

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

TI forecasts Q2 revenue above estimates as analog chip demand improves
IBM nearing deal for cloud software provider HashiCorp, source says
AI boom to fuel natural gas demand in coming years, report says
TikTok has submitted risk assessment report on TikTok Lite to EU
Apple announces event on May 7 amid reports of new iPad model launches
Walmart-backed fintech One launches 'buy now, pay later' services, source says
Coca-Cola signs $1.1 billion deal to use Microsoft cloud, AI services
Google invests $640 million in new data centre in Netherlands
NatWest CEO sees 'material opportunities' in AI
Amazon launches low-cost grocery delivery subscription plan in US

Others Also Read