Latest News for: Antitrust global

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China's internet stocks face more pain, top global investors say

Gulf News 17 Apr 2021
Beijing. After a historic antitrust crackdown on China's biggest tech companies last week, investors are betting there is more pain ahead ... The antitrust crackdown has exacerbated a global tech selloff sparked by rising bond yields, as traders forecast tighter liquidity conditions at home and abroad and lower company valuations.
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China’s Internet Stocks Face More Pain, Top Global Investors Say

Caixin Online 17 Apr 2021
(Bloomberg) — After a historic antitrust crackdown on China’s biggest tech companies last week, investors are betting there is more pain ahead ... The antitrust crackdown has exacerbated a global tech selloff sparked by rising bond yields, as traders forecast tighter liquidity conditions at home and abroad and lower company valuations.
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Shanghai Composite Index Rose 0.81% on Friday

Caixin Online 16 Apr 2021
Says ... · Xpeng Looks to Cut Reliance on Foreign Made Chips Amid Global Shortage ... Planned consolidation would be the latest step toward state goal of merging steelmakers to compete with global giants. · Giant Pharma Yangtze River Fined $117 Million in Antitrust Crackdown ... Follow the Chinese markets in real time with Caixin Global’s new stock database. .
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China's antitrust regulator adds staff, looking into largest companies

Beijing News 15 Apr 2021
Recently it fined Alibaba $2.75 billion after an antimonopoly probe found the e-commerce giant had abused its leading market position for several years, highlighting the challenges ahead for companies, including global firms with operations in China ... and European antitrust authorities in recent years.
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Competition law in post-pandemic Africa key

Business Ghana 15 Apr 2021
However, the global pandemic introduced new challenges for competition authorities in Africa and abroad, with each enforcer pursuing the most beneficial enforcement method for its national or regional jurisdiction ... Baker McKenzie’s EMEA Head of Competition & Antitrust, Dr Nicolas Kredel, noted “Africa is an important focus for our global Firm.
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UK regulator provisionally clears Virgin-O2 merger

Market Watch 14 Apr 2021
The U.K ... operations of John Malone's Liberty Global PLC and Telefonica SA. The antitrust watchdog said the combination of Liberty Global's Virgin Media and Virgin Mobile with Telefonica's O2 was referred to a group of independent CMA panel members for an in-depth investigation ... .
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Russian Watchdog Says Yandex Antitrust Case to Include Scrutiny of Foreign Search Engines

Urdu Point 14 Apr 2021
On Tuesday, FAS opened a case against Yandex, following the global trend in seeking to tame monopoly of tech giants. If antitrust violations are confirmed, the company risks a fine of 0.01 percent to 0.15 percent of its revenue in Russia ... ....
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China fines Alibaba after anti-monopolistic investigation

Independent online (SA) 13 Apr 2021
Besides imposing the fine, which ranks among the highest antitrust penalties globally, the regulator ordered Alibaba to make “thorough rectifications” to strengthen internal compliance and protect consumer rights.
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Alibaba fine fails to rattle markets but clears the air for investors – analysts

Independent online (SA) 13 Apr 2021
JOHANNESBURG - THE $2.8 billion (R41bn) antitrust fine slapped on global e-retail company Alibaba for abusing its market dominance had little impact on the markets yesterday, with experts saying that the conclusion of the antitrust investigation had cleared the spectre of uncertainty facing the internet giant.
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Alibaba: Antitrust penalty won't bring 'material negative impact'

China Daily 13 Apr 2021
"We view the announcement of the fine by the State Administration for Market Regulation on Saturday as an indication of the closure of the four-month antitrust investigation into Alibaba," said Alicia Yap, an analyst at Citigroup Global Markets Asia.
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Alibaba shares rally despite record fine

Shenzhen Daily 13 Apr 2021
Aside from imposing the fine, among the highest ever antitrust penalties globally, the State Administration for Market Regulation (SAMR) ordered Alibaba to make thorough rectifications to strengthen internal compliance and protect consumer rights ... from the antitrust regulator.
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Alibaba says to lower entry barriers after record antitrust fine, shares rally

Yahoo Daily News 12 Apr 2021
Aside from imposing the fine, among the highest ever antitrust penalties globally, the SAMR ordered Alibaba to make "thorough rectifications" to strengthen internal compliance and protect consumer rights.
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China’s Alibaba promises to make life easier for smaller firms

Al Jazeera 12 Apr 2021
Aside from imposing the fine, among the highest ever antitrust penalties globally, the SAMR ordered Alibaba to make “thorough rectifications” to strengthen internal compliance and protect consumer rights.
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Alibaba shrugs off $2.75 billion antitrust fine, shares rally

Live Mint 12 Apr 2021
India leading globally with average of 40 lakh doses per day ... Aside from imposing the fine, among the highest ever antitrust penalties globally, the State Administration for Market Regulation (SAMR) ordered Alibaba to make "thorough rectifications" to strengthen internal compliance and protect consumer rights.
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Ant Group to face stricter supervision

China Daily 12 Apr 2021
... a monthlong antitrust probe ... "We view the announcement of the fine by the State Administration for Market Regulation on Saturday as an indication of the closure of the four-month antitrust investigation into Alibaba," said Alicia Yap, an analyst at Citigroup Global Markets Asia.

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