Latest News for: Antitrust global

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Samsung renews M&A approach amid antitrust concerns

Korea Times 06 Dec 2021
However, metrics in the global M&A market ... As any kind of M&A deals which would have greater impact on affected industries are attracting keen attention of antitrust bodies globally, it will be difficult for Samsung to earn approvals from major countries, said officials.
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Alibaba reshuffles e-commerce teams amid competition, slowing growth

Live Mint 06 Dec 2021
Alibaba Group Holding Ltd ... Ms ... domestic consumption, globalization and cloud computing. Earlier this year, Alibaba paid a record $2.8 billion fine after an antitrust investigation found it had abused its dominant market position ... moving into e-commerce ... In his letter, Mr ... Jiang and Ms ... Premium Sensex Trades Lower Tracking Weak Global Cues; IT & ... .
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U.S. FTC sues to block Nvidia deal to buy Arm

Yahoo Daily News 03 Dec 2021
Arm licenses its chip architecture and blueprints to major chipmakers Apple Inc, Qualcomm Inc and Samsung Electronics Co Ltd, underpinning the global smartphone ecosystem ... Qualcomm had its own extensive battles with global regulators, including the FTC, which Qualcomm prevailed over after the regulator brought an antitrust lawsuit against it.
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China's tech regulators strike again

Korea Times 30 Nov 2021
By Angela Huyue Zhang ... But ByteDance may soon have to sheathe that weapon ― or, at least, dull its blade ... These efforts will undoubtedly overlap with the mandate of China's antitrust regulator, the State Administration for Market Regulation ... She is the author of "Chinese Antitrust Exceptionalism. How the Rise of China Challenges Global Regulation." ... .
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China enshrines ride-hailing curbs in another blow to Didi

Straits Times 30 Nov 2021
HONG KONG (BLOOMBERG) - China issued its most comprehensive set of guidelines yet governing the growth and expansion of its ride-hailing industry, dealing a fresh blow to leader Didi Global. Agencies including the antitrust watchdog, transport ministry and public security bureau ...
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Britain's antitrust chief counts on global help taming tech

The Daily Progress Charlottesville 26 Nov 2021
Britain's antitrust chief counts on global help taming tech ... .
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China’s tech regulators strike again

Taipei Times 26 Nov 2021
By Angela Huyue Zhang ... However, China might soon go much further ... The reason is simple ... These efforts will undoubtedly overlap with the mandate of China’s antitrust regulator, the State Administration for Market Regulation. But no matter ... She is the author of Chinese Antitrust Exceptionalism. How the Rise of China Challenges Global Regulation. Copyright ... .
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Everything goes Better with Coca Cola: Hitching Capitalism to Sweet Slow Death

Dissident Voice 24 Nov 2021
And, it is the Covid-19 narrative, man, that is cutting the brain cells of people — talk about stopping a global crisis! Defunding those stock holders and the millionaires and billionaires making money on NAFLD, cancer, diabetes ... So, Fourth Industrial Revolution is real, but the anti-global confrontation of these colluding problems, it is wrong.
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Justice Department Sues to Block Big Sugar Merger, Warning of Price Hikes and Supply Chain Strains

NBCBayArea 23 Nov 2021
The Biden administration on Tuesday sued to block the proposed merger of two sugar industry giants, arguing that that acquisition would erase competition and raise prices at a time when global supply chains are already under pressure ... Imperial Sugar is owned by Louis Dreyfus, a global agricultural conglomerate based in the Netherlands.
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CX Daily: Disappointments and Hopes From the Climate Summit

Caixin Online 23 Nov 2021
The latest climate deal struck at the 26th United Nations summit on global warming includes laudable achievements as well as disappointing compromises, experts said ... At the same time, experts said the Glasgow talks made only incremental progress that will be inadequate to truly limit potentially catastrophic global warming. Antitrust /.
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Europe Finally Set to Vote on How to Control Biggest Tech Firms

Yahoo Daily News 23 Nov 2021
Former Facebook employee turned whistle-blower Frances Haugen said the bloc’s plans have the potential to become the “global gold standard.” ... Penalties for breaking the rules -- for example, by targeting ads to minors -- could yield fines of as much as 20% of global annual sales, far higher than current EU antitrust fines.
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Antitrust bureau has new chief appointed

China.dot.org 19 Nov 2021
"It is also in line with the country's recent efforts in pushing forward related legislations, such as amendments to its Antimonopoly Law, and law enforcement to boost supervision over antitrust issues ... "China is also looking to global practices like that of antitrust authorities in the United States and Europe.
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Cleary Gottlieb lures WilmerHale partner for California launch

Reuters 18 Nov 2021
"The ability to leverage Cleary's global antitrust practice with boots on the ground in the Bay Area will allow us to deliver not only the highest caliber client service but also put us in a position to be physically closer to the dynamic regulatory litigation environment in California," she said.
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EU may give green light to fund cutting edge chip plants, with conditions

Metro USA 18 Nov 2021
France and Germany have argued that antitrust policy should not hinder the creation of European champions that can compete more effectively against huge global players, particularly from China, recalling regulators blocking mergers such as Siemens’ planned acquisition of France’s Alstom in 2019.
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EU looking to relax rules to allow funding of cutting edge chip plants

Reuters 18 Nov 2021
France and Germany have argued that antitrust policy should not hinder the creation of European champions that can compete more effectively against huge global players, particularly from China, recalling regulators blocking mergers such as Siemens' planned acquisition of France's Alstom in 2019.
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