Monopoly and antitrust
CNBC Daily Open: Dow sheds 1,000 points
A trader works on the floor of the New York Stock Exchange (NYSE) ahead of the closing bell in New York City on August 5, 2024. Charly Triballeau | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything […]
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Nvidia reportedly faces a U.S. DOJ antitrust probe after complaints from rivals
Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty Images The U.S. Department of Justice is investigating complaints that Nvidia allegedly abused its market dominance in artificial intelligence chips, The Information reported. The DOJ has reached out to Nvidia’s competitors such as AMD to […]
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Warren sounds alarm on T-Mobile, U.S. Cellular deal with Justice Department, FCC
Sen. Elizabeth Warren, D-Mass., speaks during the Senate Armed Services Committee hearing on security in Afghanistan and in the regions of South and Central Asia, in the Dirksen Building in Washington, D.C., on Oct. 26, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images WASHINGTON — A group of Democratic senators are sounding the […]
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British isles regulator refers Vodafone's merger with 3 for in-depth competitiveness probe
A pedestrian walks previous a Vodafone store in central London on May perhaps 16, 2023. British mobile giant Vodafone is to axe 11,000 work opportunities about three decades in the most recent cull to hit the tech sector, as new manager Margherita Della Valle slammed current efficiency. Adrian Dennis | AFP | Getty Images The […]
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Apple strike with extra than $1.95 billion EU antitrust fantastic around songs streaming
The Apple brand. Costfoto | Nurphoto | Getty Images The European Commission, the European Union’s executive arm, on Monday hit Apple with a 1.8 billion euro ($1.95 billion) antitrust fine for abusing its dominant posture on the current market for the distribution of audio streaming apps. The Commission explained it discovered that Apple experienced used […]
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Japan probes Google for alleged antitrust violations in lookup techniques
Google app is noticed on a smartphone in this illustration. Dado Ruvic | Reuters Japan’s competitiveness watchdog on Monday stated it is investigating Alphabet-owned Google for alleged antitrust legislation violations in regards to its research techniques on cell platforms, ramping up regulatory stress on the U.S. technological know-how big. The Japan Honest Trade Commission mentioned […]
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Microsoft-Activision Blizzard takeover receives approval from United kingdom regulators, clearing way for deal to shut
Microsoft symbol is seen on a smartphone placed on exhibited Activision Blizzard emblem in this illustration taken January 18, 2022. Dado Ruvic | Reuters Britain’s top competitors watchdog on Friday gave the environmentally friendly gentle to Microsoft’s proposed $69 billion takeover of gaming business Activision Blizzard, eliminating the final important hurdle for the offer to […]
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What to assume when Google faces the DOJ in the initially significant tech monopoly trial in a long time
Google CEO, Sundar Pichai (: and Jonathan Kanter, assistant attorney common of antitrust for the US Office of Justice (R). Getty Visuals The largest tech monopoly trial since the Office of Justice challenged Microsoft additional than 20 several years ago is established to start out on Tuesday, kicking off a new chapter of anti-monopoly enforcement […]
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Amazon adds a new payment for sellers who ship their very own packages
An Amazon warehouse Getty Photographs Amazon is incorporating a new charge for 3rd-get together sellers who ship their possess items alternatively of shelling out for the company’s fulfillment companies. Commencing Oct. 1, associates of Amazon’s Seller Fulfilled Key application will spend the organization a 2% cost on each and every merchandise bought, according to a […]
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EU opens antitrust probe into Microsoft in excess of Groups bundling
Silhouettes of notebook buyers are witnessed upcoming to a monitor projection of Microsoft symbol in this image illustration. Dado Ruvic | Reuters European Union regulators on Thursday opened an antitrust investigation into Microsoft’s bundling of its video clip and chat application Teams with other Workplace products and solutions. The European Commission, the EU’s government arm, […]
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