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The Commission, which sent the document last week, said it continues investigating past conduct in the foreign exchange spot trading market. In May , the EU competition enforcer slapped a total 1. Top News.
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Credit Suisse hit with extra EU antitrust charges in forex probe
China and Brazil have world's greenest central banks, activists say Published just now. New EU legislation that would impose restrictions on the likes of Facebook, Amazon and Google is facing headwinds. US antitrust policy has remained largely consistent across administrations, but uncertainty looms with election.
The European Commission is grouping together its initiatives relating to the functioning of online markets — including plans to regulate gatekeeper platforms — in a proposal called the Digital Markets Act. Google says it defeats competitors because in online search, it's top shelf. Risks to 'super apps' lurk in Singapore's e-commerce approach. Facebook's pursuit of app developer who leaked company documents continues. Facebook is seeking a forensic investigation into the electronic communications of an app developer accused of leaking sensitive company documents. Japan's new antitrust chief vows to chase after platform operators, sees a contributing role in government.
Not many bosses of government agencies find the time to write a book while doing their day job. US Federal Trade Commission member Rebecca Slaughter wants to start a conversation about how antitrust enforcement can reckon with systemic racism. Apple, Google app stores face new wave of scrutiny in Asia-Pacific. Apple and Google's app stores have been causing a wave of concern for antitrust regulators recently that began in the EU and US.
Google faces mounting regulatory challenges in South Korea over app store. Google has found itself at the center of antitrust scrutiny and growing complaints by local app developers in South Korea. UK draft Brexit law permits waiving of EU state aid obligations. The UK government's draft laws to change parts of the divorce agreement with the EU would waive its obligations to keep Northern Ireland under EU state aid rules. With just days to serve, JFTC chief urges Japanese companies to use antitrust law to their advantage.
VP pick Harris has long regulatory history with Big Tech on privacy, was sometimes aggressive antitrust enforcer. Years ago, Harris announced a deal with the largest app platforms that would require a privacy policy display before users download an app. Allianz can re-plead forex claim against banks in one go next year, UK judge says. Tech giants should sit down, grow up and start paying for news, Australia says. Nokia-Daimler fight could stall licensing talks if lawsuit goes to EU court.
A patent-licensing dispute between Nokia and Daimler could create years of uncertainty for technology companies signing license agreements.
Credit Suisse hit with extra EU antitrust charges in forex probe
Facebook's digital advertising is under scrutiny, with both US antitrust regulators investigating the company's conduct in the online ad market. Norwegian producers of farmed salmon can still be subject to an amended price-fixing lawsuit, a US federal judge ruled.
Google ad-tech antitrust case comes into focus with new Texas AG subpoena. Stories of air-cargo, car-parts executives underscore pain of US antitrust extradition. Their stories are different, but Kim and Ullings underscore the difficulty antitrust conspirators face once they are targeted by US law enforcement. Big Tech challenges pave way for unprecedented UK regulatory coordination. Aggrieved football clubs turn to EU antitrust law after Covid stops play. Football clubs around Europe are turning to antitrust rules in a bid to avoid relegation or secure a spot in lucrative European competitions.
Google, Facebook targeted by UK watchdog's fightback over adtech power. The Competition and Markets Authority, which today published the final report on its year-long market study into online platforms and digital advertising. Lufthansa's EUR9 billion bailout raises plenty of questions for judges. The Daimler-Nokia patent-licensing dispute has drawn a third round of questions to market participants from the European Commission.
US DOJ antitrust division whistleblower testifies at politically charged congressional hearing. US Attorney General Bill Barr last year ordered the in-depth probe of a cannabis industry merger that later collapsed, overruling Justice Department staff. Car-patent licensing fight may get speedy resolution from EU's top judges. Investigations of the App Store and Apple Pay are latest enforcement initiatives designed to tackle digital platform operators.
Big Tech sees EU fire starting gun on push to revamp online rules. Gatekeeper law sees EU flirt with new super-regulator for Big Tech. Facebook, Amazon. Google should brace for 'long slog' litigation in case over Android location-tracking, Arizona attorney general says. UK rail-fares mass claim won't be stopped by Merricks-Mastercard outcome, lawsuit's leader says. DOJ seeking outside counsel to lead potential Google antitrust litigation. The US Justice Department, ramping up plans for potential antitrust litigation against Google, is contacting outside attorneys to lead the government's case.
China's fair-competition review to include scrutiny of market exit, government funding standards. Air Canada-Transat merger review exposes impossible task facing EU regulators. Pity the EU merger officials whose work sets them the near-impossible task of predicting how the world economy will look after Covid Covid impact not deemed a legitimate factor for SAMR to lower antitrust fines.
China's antitrust regulator doesn't consider the economic hardship brought by the Covid as a legitimate mitigating factor to reduce fines. Tech giants could see data, digital IDs, preferencing on EU hit list under 'gatekeeper' law.
Gone bananas?
Retailers exploiting the coronavirus outbreak with price hikes could soon see tougher enforcement by the UK CMA. Struggling Asia-Pacific airlines find there are antitrust lines they can't cross. As a number of governments across the Asia-Pacific region struggle with how to ensure they still have a functioning aviation industry once Covid restrictions ease. Expect governments to look beyond EU's Covid state aid framework as crisis deepens.
While there have been scores of national support measures approved under the EU's temporary coronavirus state aid framework, strikingly only Denmark has made extensive use of an alternative mechanism. Home health care industry targeted in criminal antitrust probe. Companies providing in-home health care services are facing antitrust scrutiny from criminal prosecutors at the US Department of Justice.