competition
Top StoriesExclusive-Tinder-owner Match Ups Antitrust Pressure on Apple in India With New Case
Top StoriesDutch Retailer Spar to Enter Israeli Market Amid Soaring Living Costs
Top StoriesEU Regulators Accept Deutsche Telekom’s Czech Mobile Unit, 02 Czech Concessions
Top StoriesAmazon Faces UK Probe Over Suspected Anti-Competitive Practices
UK Tribunal Backs Most of Ruling Against Meta’s Giphy Deal
Date: June 14, 2022
By Paul Sandle LONDON (Reuters) -Meta Platforms won an appeal against Britain blocking its acquisition of Giphy on a single procedural ground, but the country’s Competition Appeal Tribunal (CAT) endorsed the regulator’s finding that the deal could harm competition. Britain’s Competition and Markets Authority (CMA) last year ordered Meta to sell animated images platform Giphy,...
EU Cartel Raids Target Fashion Designers Proposing Sales Periods, Discount Changes – Sources
Date: June 14, 2022
By Foo Yun Chee BRUSSELS (Reuters) -EU antitrust regulators, which raided some fashion companies last month, are focusing on a group of designers who two years ago called for changes in sales periods and discounts, people familiar with the matter said. The European Commission, which did not name the companies nor the countries in which...
Amazon Offers to Share Data, Boost Rivals to Dodge EU Antitrust Fines – Sources
Date: June 13, 2022
By Foo Yun Chee BRUSSELS (Reuters) -Amazon has offered to share marketplace data with sellers and boost the visibility of rival products on its platform, trying to persuade EU antitrust regulators to close their investigations without a fine by the end of the year, people familiar with the matter said. The world’s largest online retailer...
Canada’s Move to Bulk up Antitrust Muscle May Miss Root of Problem
Date: June 6, 2022
By Divya Rajagopal TORONTO (Reuters) -Waves of industry consolidation over the decades have resulted in fewer choices for customers from telecoms to banking, with Canadians paying the world’s most expensive mobile phone bills and forking out more for everyday banking, consumer advocates say. Now, the government says enough is enough. It wants to put some...
American Chamber of Commerce, Others Warn of Impracticalities in EU Subsidy Plan
Date: June 2, 2022
(Corrects headline to say American Chamber of Commerce, not U.S. Chamber of Commerce) By Foo Yun Chee BRUSSELS (Reuters) – Proposed EU legislation targeting foreign state-backed buyers of European companies prompted by fears of a Chinese buying spree may be impossible to comply with in practice, the American Chamber of Commerce and peer groups for...
Germany Urges Vestager to Consider Company Breakups in EU Antitrust Reforms
Date: May 4, 2022
By Foo Yun Chee BERLIN (Reuters) – EU antitrust rules should be beefed up to allow regulators to break up companies for serious breaches, German State Secretary Sven Giegold said on Wednesday, urging EU competition chief Margrethe Vestager to consider this when reforming regulations. Rules known as Regulation 1/2003, in force since 2004, have allowed...