Latest News for: Antitrust global


India's antitrust body names new interim investigations head

Reuters 29 Nov 2023
NEW DELHI, Nov 29 (Reuters) - India's antitrust ... The CCI is currently investigating several high-profile global companies for alleged antitrust violations, including Amazon (AMZN.O), Walmart's (WMT.N) Flipkart, Google (GOOGL.O) and liquor giant Pernod Ricard (PERP.PA).

Chanel, Hermes, Nike rectify customer policies after FTC warning

Korea Times 29 Nov 2023
A pedestrian walks past the logo of Chanel in Seoul in this undated photo. Yonhap. By Lee Min-hyung ... Chanel, Hermes and Nike have corrected what were cited as unfair business practices regarding a number of terms concerning customers and posted the changes on their global brand websites following a review by the nation’s antitrust agency ... .

Axinn Advises VMware in Securing Global Antitrust Clearance for $69 Billion Acquisition by Broadcom

Hastings Tribune 27 Nov 2023
As global lead antitrust counsel to VMware in what The Wall Street Journal has called “one of the largest technology mergers ever,” Axinn, Veltrop & Harkrider LLP helped VMware secure global regulatory clearances in more than 10 jurisdictions to clear the way for the closing of the transaction.

EU antitrust regulators raid online food delivery companies, probe no poach deals

Reuters 21 Nov 2023
Companies. Delivery Hero SEFollow ... German online takeaway food company Delivery Hero (DHER.DE) and its Spanish business Glovo had confirmed last year's raids. Companies risk fines as much as 10% of their global turnover for breaching EU antitrust rules ... MarketscategoryEU antitrust regulators set Dec ... EU antitrust regulators will decide by Dec ... ....

Google confirms Spotify pays zero commission fees as part of a secret deal

Indian Express 21 Nov 2023
Google has confirmed that it struck a special deal with Spotify which lets the music streaming platform bypass the Play Store commission fee. During the ongoing Epic vs Google antitrust case, the deal was revealed by Google's head of global partnerships Don Harrison ... This is the reason why Netflix users cannot buy membership on Android devices ... .

Rebuilding trust in expertise

Taipei Times 20 Nov 2023
Technological advances in artificial intelligence and decarbonization, together with escalating geopolitical tensions and a worldwide revival of industrial policy, have led to a departure from the principles that have long underpinned global antitrust enforcement ... US antitrust ...

Legend Biotech Announces Exclusive, Global License Agreement for Certain CAR-T Therapies Targeting DLL3

Tyler Morning Telegraph 13 Nov 2023
Closing of the transaction is subject to the parties’ receipt of any necessary consents or approvals, including the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ... Legend Biotech is a global biotechnology company dedicated to treating, and one day curing, life-threatening diseases.

Morning briefing: ‘Cream of navy’ face death penalty in Qatar; TMC minister arrested in ‘ration ...

Hindustan Times 27 Oct 2023
Another served as a fighter controller and navigating officer on INS Viraat, an aircraft carrier ... Dig deeper ... Dig deeper Global Matters. Google CEO Sundar Pichai is scheduled to testify in the US Google antitrust trial next week. His testimony is expected to provide insights into the company's practices and its position in the ongoing antitrust case.

Japan Investigates Google Over Alleged Antitrust Violations

Slashdot 23 Oct 2023
Japan's antitrust ... The probe could widen to include Android phone makers found to be complicit in antitrust activity, an official said, without elaborating. Japan's review comes on top of an antitrust case the US has mounted against the global search leader.

Why exactly is Japan going after Google?

Cryptopolitan 23 Oct 2023
When the headlines scream of another tech behemoth under scrutiny, one has to pause and ask, “Why now? And more importantly, why them?” Japan, in its latest move, has turned its regulatory gaze towards Google, adding yet another layer of complexity to the giant’s global dance with antitrust watchdogs.

St Gobain says cooperating in EU probe into construction chemicals cartel

Reuters 18 Oct 2023
Companies face fines of as much as 10% of their global turnover for breaching EU antitrust rules ... Her knowledge and experience of European antitrust laws and developments helped her broke stories on Microsoft, Google, Amazon, numerous market-moving mergers and antitrust investigations.

Microsoft spent two years trying to buy Santa Monica based Activision Blizzard. For Xbox CEO, ...

Santa Monica Daily Press 18 Oct 2023
Microsoft, which owns the Xbox gaming system, closed its $69 billion deal to buy game-maker Activision Blizzard on Friday after fending off global opposition from antitrust regulators and rivals ... “However, with globally popular game franchises such as Call of Duty now under its wing, the company is strategically much better positioned.”.

Microsoft spent two years trying to buy Activision Blizzard. For Xbox CEO, that was the ...

Black Hills Pioneer 18 Oct 2023
making Microsoft's takeover of Activision Blizzard worth the hassle. Microsoft, which owns the Xbox gaming system, closed its $69 billion deal to buy game-maker Activision Blizzard on Friday after fending off global opposition from antitrust regulators and rivals. × This page requires Javascript ... Please enable it in your browser settings ... ....

ASA: EU antitrust immunity is crucial to ensure efficient shipping

SAFETY4SEA 17 Oct 2023
Asian Shipowners’ Association (ASA) emphasises that the importance of antitrust ... At the same time, ASA continues to voice the importance of antitrust immunity in jurisdictions worldwide to ensure efficient and sustainable maritime transport for the global economy.” ....

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In this photo provided by the Ukrainian 10th Mountain Assault Brigade "Edelweiss", Ukrainian soldiers pass by a volunteer bus burning after a Russian drone hit it near Bakhmut, Donetsk region, Ukraine, Thursday, Nov. 23, 2023.
AP / Shandyba Mykyta, Ukrainian 10th Mountain Assault Brigade "Edelweiss" via AP