All posts in antitrust
US competition authority demands details on acquisitions by Google, Facebook, and other tech giants
The US Federal Trade Commission (FTC) has ordered five major tech companies to provide details on acquisitions of smaller companies over the past ten years, according to The Guardian. Information on the purpose and scope of the acquisitions will help inform antitrust investigations into the five companies, which include Amazon, Apple, Facebook, Google, and Microsoft. While the […]
The UK’s competition authority will investigate Amazon’s investment in Deliveroo
Amazon’s move to invest in the London-based food delivery platform Deliveroo will be investigated by the UK’s Competition and Markets Authority (CMA), the agency announced Friday, according to The Guardian. The CMA raised concerns earlier this month that Amazon’s £442 million investment would lead to higher prices and reduced quality of services for consumers, restaurants, and grocers. […]
US lawmakers step up antitrust inquiry, demanding documents from tech giants
The House Judiciary Committee of the US Congress has called on tech companies to release a wide array of documents and emails relating to possible anticompetitive practices, escalating the federal government’s ongoing antitrust investigation into companies like Facebook, Google, and Amazon. The requests were sent directly to executives like Amazon’s Jeff Bezos, Apple’s Tim Cook, […]
EU competition chief Margrethe Vestager will serve another term, with expanded powers to regulate tech companies
European competition chief Margrethe Vestager, who had been facing the end of her term, will instead return for a another five years, with an expanded role on the new team of commissioners, according to Reuters. Vestager has been behind much of the European Commission’s scrutiny of tech giants, and will now serve as an Executive Vice […]