Monopoly and antitrust
Amazon gives concessions to Uk antitrust watchdog as aspect of probe into its market methods
This photograph taken on June 14, 2023, exhibits US firm Amazon’s group logo at the Vivatech engineering startups and innovation reasonable at the Porte de Versailles exhibition centre in Paris. Alain Jocard | AFP | Getty Photographs Amazon on Wednesday presented commitments to the U.K. Competitiveness and Markets Authority right after Britain’s competitors watchdog elevated […]
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Lawmaker who opposed tech antitrust bills to come to be prime Democrat on Dwelling subcommittee
Rep. Lou Correa, D-CA, thoughts witnesses in the course of an impeachment inquiry listening to just before the Home Judiciary Committee on Capitol Hill in Washington, D.C., Dec. 9, 2019. Doug Mills | Pool | Getty Pictures Rep. Lou Correa, D-Calif., who opposed a bundle of charges trying to find to reform antitrust regulation to […]
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FTC’s Lina Khan presses in advance with sprawling antitrust ideas in the facial area of GOP opposition
FTC Commissioner nominee Lina M. Khan testifies for the duration of a Senate Committee on Commerce, Science, and Transportation confirmation listening to on Capitol Hill in Washington, DC, April 21, 2021. Graeme Jennings | AFP | Getty Illustrations or photos Republican lawmakers have for several years introduced barrages of criticism at Biden administration regulatory agencies […]
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Horizon Therapeutics says Amgen deal could close earlier than planned if FTC fails to block it
Robert Galbraith | Reuters Horizon Therapeutics expects its $27.8 billion sale to Amgen to close as early as the end of the third quarter, earlier than previously planned — if the Federal Trade Commission’s attempt to block the deal fails — according to a document filed Thursday with the Securities and Exchange Commission. The FTC […]
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Microsoft claims it will deliver Get in touch with of Responsibility to Nintendo for 10 several years if Activision deal closes
Regulators have raised considerations that Microsoft could block the strike Phone of Obligation franchise from becoming produced on rivals’ games consoles. Microsoft said it has provided Sony a 10-yr deal for Contact of Duty to be produced on the PlayStation on the similar working day it will come to the Xbox. The U.S. huge is […]
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How Amazon’s huge non-public-label small business is escalating and leaving little models to safeguard from knockoffs
Peak Design and style has been building digicam baggage and accessories for a dozen decades, relying on Amazon for the bulk of its profits. Past 12 months, founder and CEO Peter Dering discovered Amazon was selling a bag that looked strikingly related to Peak’s prime-marketing product, the Everyday Sling Bag. “They copied the typical shape, […]
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Senate won’t vote on tech antitrust bill before summer recess, Klobuchar says
U.S. Senate Rules and Administration Committee Chair Sen. Amy Klobuchar (D-MN) presides during a Senate Rules and Administration Committee oversight hearing to examine the U.S. Capitol Police following the January 6, 2021 attack on the Capitol, one day before the anniversary of the attack in Washington, U.S., January 5, 2022. Elizabeth Frantz | Reuters The […]
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Amazon investigated by UK antitrust watchdog over its marketplace practices
An Amazon warehouse in Warrington, England. Nathan Stirk | Getty Images The U.K.’s antitrust regulator on Wednesday said it is investigating Amazon over whether the U.S. e-commerce giant is hurting competition by giving an unfair advantage to its own retail business and sellers that use its services over third-party merchants on its marketplace. Britain’s Competition […]
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