Latest News for: Antitrust global

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House panel divided over Rs 2,000 crore M&A threshold for anti-trust scrutiny

Financial Express 07 Dec 2022
The Bill seeks to amend the Competition Act 2002 to ensure that M&As involving global tech giants and potentially having an “appreciable” effect on Indian markets don’t escape the country’s antitrust scrutiny. The proposal was in line with a global realisation among antitrust ...
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Deutsche bank, Rabobank hit with EU antitrust charge over bond cartel

Reuters 06 Dec 2022
The European Commission, which can fine companies up to 10% of their global turnover for antitrust violations, said it had sent a charge sheet known as a statement of objections to the banks ... bonds trading markets," EU antitrust chief Margrethe Vestager said in a statement.
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Nokia smartphone maker HMD Global files EU antitrust complaint against VoiceAge EVS

Reuters 02 Dec 2022
BRUSSELS, Dec 2 (Reuters) - HMD Global Oy, the exclusive licensee of Nokia-branded smartphones, has filed a complaint to EU antitrust regulators against VoiceAge EVS's patent practices and royalty rates.
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Exclusive-Meta sought to settle EU antitrust investigations, sources say

FX Empire 01 Dec 2022
BRUSSELS (Reuters) -Facebook owner Meta reached out to EU antitrust regulators some time back in an attempt to settle investigations into its use of customer data and ... Settling an antitrust investigation allows a company to stave off possible fines up to 10% of its global turnover.
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Exclusive: Meta sought to settle EU antitrust investigations, sources say

Reuters 01 Dec 2022
BRUSSELS, Dec 1 (Reuters) - Facebook owner Meta (META.O) reached out to EU antitrust regulators some time back in an attempt to settle investigations into its use of ... Settling an antitrust investigation allows a company to stave off possible fines up to 10% of its global turnover.
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Dr. Loren Smith Honored As Top US Competition Economist In Lexology Client Choice Awards'

MENA FN 01 Dec 2022
(MENAFN - PR Newswire) WASHINGTON, Nov. 30, 2022 /PRNewswire/ -- Lexology has recognizeddr. loren smith , Principal & Co-Leader of Brattle's global Antitrust & Competition practice, as a 2022 ... .
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No easy exit from zero-COVID

Korea Times 01 Dec 2022
By S. Alex Yang and Angela Huyue Zhang. S. Alex Yang. Angela Huyue Zhang ... But this process will be more complicated than many seem to realize ... S ... Angela Huyue Zhang is professor of law at the University of Hong Kong and the author of "Chinese Antitrust Exceptionalism. How the Rise of China Challenges Global Regulation (Oxford University Press, 2021)." ... .
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Top companies at odds with Apple over 30% 'tax': What they say and all you need to know

The Times of India 29 Nov 2022
Earlier this year, Match Group – the company that owns and manages Tinder and numerous dating companies globally – reportedly filed an antitrust case with the ...
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Spotify, Epic Games get ally in Musk in fight against Apple fees

Gulf Daily News 29 Nov 2022
Spotify has previously submitted antitrust complaints against the iPhone-maker in Europe, and Epic Games sued Apple in the United States in 2020 ... Apple risks a fine as much as 10% of its global turnover if found guilty of breaching EU antitrust rules.
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China: No easy exit from zero-Covid

Mail Guardian South Africa 29 Nov 2022
But this process will be more complicated than many seem to realise ... Less noticed, however, are the operational challenges this process raises ... Angela Huyue Zhang is professor of law at the University of Hong Kong and the author of Chinese Antitrust Exceptionalism. How the Rise of China Challenges Global Regulation (Oxford University Press, 2021).
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Elon Musk is going to 'war' with Apple. Here's a look at the billionaire's years-long ...

Business Insider 29 Nov 2022
Tim Cook and Elon Musk ... On Monday, Musk accused Apple of monopolizing the market and opposing free speech ... He has since deleted it. Elon Musk ... I'm not kidding." ... "No, seriously ... In 2021, he called the fees a "de facto global tax on the Internet," and earlier this month, he tagged the Department of Justice's antitrust division in a criticism of the fees.
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Even with Lift, SAA won’t soar

Mail Guardian South Africa 23 Nov 2022
The competitor submitted that Global be required to divest of Lift. However, according to Angelo Tzarevski, director designate of antitrust and competition at law firm Baker McKenzie, forcing Global to divest of Lift in order for the Takatso transaction to be approved is not the only solution to the conflict of interest.
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The U.K. wants to break up Google and Apple’s cloud gaming stranglehold

Digital Trends 22 Nov 2022
Both companies could face fines and additional regulation if found guilty of anticompetitive behavior ... Andy Boxall/Digital Trends ... Many U.K ... Following their total dominance of the global smartphone market with token resistance from Huawei, both companies continue to ward off antitrust investigations into their mobile platforms worldwide ....
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Publisher merger is officially off table

Arkansas Democrat-Gazette 22 Nov 2022
Paramount Global also announced Monday that it still plans to sell Simon & Schuster, a nearly century-old company where authors include Stephen King, Colleen Hoover and Bob Woodward ... The deal was already in peril after a federal judge last month blocked the sale from going forward on antitrust grounds.
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Ottawa considering major changes to competition policy

Canoe 18 Nov 2022
The review comes as price inflation and service disruptions have both lawmakers and consumers training their ire on corporate Canada, and amid a global push to update antitrust laws ... Some antitrust experts caution that limits could have unintended consequences.

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