News stories about "antitrust" in India.

US Funding Deal Delivers Blow to DOJ antitrust Probes of Apple, Ticketmaster

A spending deal to keep the federal government operating through September would curb funding available to antitrust enforcers, potentially hindering high-profile investigations into Apple Inc. and Live Nation Entertainment Inc.’s Ticketmaster. Key Points

mint

Exclusive: Amazon to win unconditional EU nod for iRobot deal -sources

Amazon (AMZN.O) is set to win unconditional EU antitrust approval for its $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O), three people familiar with the matter said on Thursday. Key Points

Reuters

US drops antitrust case over healthcare hiring agreements

The U.S. Justice Department has asked a judge to dismiss the government's prosecution of a UnitedHealth (UNH.N) Group affiliate accused of unlawfully restricting employee mobility, marking a new setback in the government's push to apply criminal antitrust laws to labor markets. Key Points

Reuters

Amazon antitrust lawsuit: Here's how US regulators break up other monopoly powers

U.S. antitrust regulators on Tuesday filed a lawsuit against Amazon.com (AMZN.O) accusing the online retailer of harming consumers with higher prices, the latest in a long history of tough action against monopolies that can be traced back to the breakup of Standard Oil. Key Points

Reuters

Exclusive: Edwards Lifesciences targeted in EU antitrust raid last week - sources

Edwards Lifesciences (EW.N) was raided by EU antitrust regulators at one of its facilities in an EU country a week ago, two people with direct knowledge of the matter told Reuters on Tuesday. Key Points

Reuters

European regulators crack down on Big Tech

A raid by French antitrust authorities of the offices of a technology firm named as Nvidia (NVDA.O) in media reports is the latest among a string of such actions by European regulators against Big Tech companies. Key Points

Reuters

EU court adviser rebuffs Deutsche Telekom's fight for interest on antitrust fine

An adviser to Europe's top court on Thursday said judges should dismiss Deutsche Telekom's (DTEGn.DE) bid to get EU antitrust regulators to pay interest on the reimbursed portion of a fine imposed nearly a decade ago. Key Points

Reuters

FTC competition head discloses $3.3 million Covington pay, major clients

U.S. Federal Trade Commission antitrust leader Henry Liu earned more than $3.3 million from the beginning of last year through mid-August as a former partner at law firm Covington & Burling, where his clients included Apple, Eli Lilly, JPMorgan Chase and Visa, a newly released ethics filing shows. Key Points

Reuters

Apple’s $2 billion fine marks a new dawn for antitrust regulation

The EU has taken a welcome lead in taking on digital dominance. Spotify’s row with Apple over its App Store led to the penalty. Key Points

mint

Adobe faces EU antitrust warning over Figma deal, sources say

Adobe's (ADBE.O) $20 billion bid for cloud-based designer platform Figma is set to face an EU antitrust warning in the coming days, three people familiar with the matter said, a move that would ratchet up pressure on the Photoshop maker to offer remedies. Key Points

Reuters

Microsoft in EU antitrust crosshairs over Teams, Office tying

Microsoft (MSFT.O) on Thursday found itself the target of an EU antitrust investigation over the tying of its chat and video app Teams with its Office product, putting it at risk of a hefty fine. Key Points

Reuters

India to extend its global presence on pharmaceutical market with BRICS plus membership

The VIII International Conference on Antimonopoly Policy at Moscow's Skolkovo Innovation Center focused on enforcing competition laws in the pharmaceutical market. Representatives from Indian antitrust authorities expressed intent to support competition laws enforcement in information disclosure and patent regulation against global pharmaceutical monopolies. Key Points

Economic Times

EU antitrust regulators say Amazon's iRobot deal may restrict competition

EU antitrust regulators said on Monday Amazon's (AMZN.O) $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O) may squeeze out rival robot cleaners on its online marketplace. Key Points

Reuters

EU Commission sticks to US economist pick for senior antitrust job

The European Commission stuck to its guns on Friday, saying it was not reconsidering EU antitrust chief Margrethe Vestager's pick of a U.S. economist to a senior job helping to oversee Big Tech despite criticism from French ministers and EU lawmakers. Key Points

Reuters

Republican lawmakers urge FTC to drop fight against Microsoft deal for Activision

Twenty-two Republican lawmakers urged the Federal Trade Commission to drop its fight against Microsoft's (MSFT.O) deal to buy video game maker Activision Blizzard (ATVI.O), calling it "an example of the FTC’s rejection of sound antitrust policy." Key Points

Reuters

FTC's Amazon antitrust lawsuit faces high bar in US court -experts

The U.S. Federal Trade Commission's lawsuit accusing Amazon.com (AMZN.O) of abusing its retail market power to stifle competition faces hurdles in court, testing the scope of U.S. antitrust law and posing roadblocks for the agency, legal experts said. Key Points

Reuters

US judge says Google must fact some advertisers' antitrust claims, dismisses others

(Refiles to fix typo in headline) (Reuters) - A U.S. judge on Friday ruled that Alphabet's Google must face advertisers' proposed class action lawsuit claiming that it monopolizes the ad exchange Key Points

ThePrint

Exclusive: Adobe open to remedy discussions with EU on Figma deal, says chief counsel

Photoshop maker Adobe (ADBE.O) expects to get an EU antitrust warning on its $20 billion bid for cloud-based designer platform Figma and is open to proposing remedies to resolve regulatory concerns, its chief counsel told Reuters on Wednesday. Key Points

Reuters

Should new tech rules apply to Microsoft's Bing, Apple's iMessage, EU asks

EU antitrust regulators are asking Microsoft's (MSFT.O) users and rivals whether Bing should comply with new tough tech rules and also whether that should be the case for Apple's (AAPL.O) iMessage, people familiar with the matter said on Monday. Key Points

Reuters

Exclusive: UK regulator to push for probe into Amazon, Microsoft cloud dominance

British media regulator Ofcom will this week push for an antitrust investigation into Amazon (AMZN.O) and Microsoft's (MSFT.O) dominance of the UK's cloud computing market, according to two sources familiar with the matter. Key Points

Reuters

Amazon has deep bench of defense lawyers to fight US FTC lawsuit

The U.S. Federal Trade Commission’s monopoly lawsuit against Amazon.com (AMZN.O) filed on Tuesday poses perhaps the biggest legal test so far for the platoons of lawyers who have defended the technology giant for years against allegations of antitrust and consumer protection violations. Key Points

Reuters

Amazon's iRobot deal in EU antitrust crosshairs

Amazon's (AMZN.O) $1.7 billion acquisition of robot vacuum cleaner maker iRobot (IRBT.O) may reduce competition and strengthen Amazon's position as online marketplace provider, EU antitrust regulators warned on Thursday. Key Points

Reuters

Exclusive: Amazon previews FTC defense at companywide meeting

Amazon.com's (AMZN.O) top lawyer on Tuesday previewed the broad outlines of the company's possible defense against the U.S. Federal Trade Commission's antitrust lawsuit against the retailer, at a private companywide meeting. Key Points

Reuters

Live Nation ticket buyers sue in wake of US Justice Department case

By Mike Scarcella (Reuters) - Live Nation and its Ticketmaster unit have been hit with the first in a likely wave of new consumer antitrust lawsuits after the U.S. government and states sued to break Key Points

ThePrint

UK media regulator asks for probe into Amazon, Microsoft cloud dominance

British media regulator Ofcom on Thursday asked the country's antitrust regulator to investigate U.S. tech giants Amazon (AMZN.O) and Microsoft's (MSFT.O) dominance of the UK cloud market. Key Points

Reuters

UK's CMA says examining Qualcomm's buyout of Israel's Autotalks

Britain's antitrust regulator on Friday said it was examining whether Qualcomm's (QCOM.O) purchase of Israeli auto-chip maker Autotalks would lessen competition in the UK market. Key Points

Reuters

US senators Warren, Graham kick off bipartisan anti-Big Tech push

U.S. senators Elizabeth Warren, a Democrat, and Lindsey Graham, a Republican, said on Thursday they would push for an ambitious bill to create a new government regulator empowered to rein in Meta Platforms' (META.O) Facebook, Alphabet's (GOOGL.O) Google, Amazon.com (AMZN.O) and other Big Tech platforms. Key Points

Reuters

Dutch online marketplace OLX contributing to EU antitrust probe into Meta

Dutch online marketplace OLX is helping EU antitrust enforcers in their investigation into Facebook owner Meta Platforms (META.O), the Naspers unit said on Friday. Key Points

Reuters

Today’s Cache | Google’s deleted chats, Microsoft’s antitrust remedies, and Amazon’s latest layoffs

Google claimed in court filings that it did not intentionally destroy communications records deemed to be potential evidence by the U.S. Department of Justice in an antitrust lawsuit over its search business Key Points

The Hindu

EU to study mobile ecosystems to counter any Apple, Google antitrust pushback

European Union antitrust regulators have commissioned a study into mobile ecosystems to help them counter any pushback from Apple (AAPL.O) and Alphabet's (GOOGL.O) Google in complying with new tech rules. Key Points

Reuters

Analysis: French backlash scuppers appointment of US economist for EU Big Tech regulation

A French-led backlash led to a U.S. economist withdrawing from a top European Union antitrust job on Wednesday, a move some economists said risks undermining competition policy-making. Key Points

Reuters

Meta to contest EU antitrust charges at July 13 hearing

Facebook owner Meta (META.O) will contest EU antitrust charges at a closed hearing on Friday in a bid to stave off a possible hefty fine after regulators charged it with tying its classified advertisements service to its social network, people familiar with the matter said. Key Points

Reuters

Big Tech Braces for Wave of antitrust Rulings in 2024

U.S. antitrust cases against tech giants Google and Meta are expected to come to a head, likely producing long-awaited rulings that could shape the legacies of top Biden administration regulators. Key Points

mint

Judicial panel refuses to pause return of Texas lawsuit against Google

Texas won a round in its antitrust lawsuit with Alphabet's (GOOGL.O) Google on Thursday after a U.S. judicial panel refused to pause its decision to return its lawsuit to federal court in Texas. Key Points

Reuters

Japanese tech lobby warns against EU cybersecurity labelling scheme

Lobby group Japan Association of New Economy has joined U.S. Big Tech to warn against proposed EU cybersecurity labelling rules that they said could hamper their access to the bloc's markets, according to a letter sent to the EU industry chief. Key Points

Reuters

Meta appeals against EU gatekeeper status for Messenger, Marketplace

Meta (META.O) on Wednesday appealed against "gatekeeper" designations for its Messenger and Marketplace platforms, the first Big Tech company to challenge new European Union rules setting out dos and don'ts for the online services. Key Points

Reuters

Google's expert in US antitrust trial defends billions paid to device makers

The multi-billion dollar payments that Alphabet's (GOOGL.O) Google makes to Apple (AAPL.O), wireless carriers and others are normal competitive behavior and not an abuse of monopoly, an expert called by Google testified on Monday in a blockbuster antitrust trial. Key Points

Reuters

US Senator Elizabeth Warren expresses 'disappointment' in FTC's Amgen decision

Senator Elizabeth Warren, an antitrust hawk, expressed disappointment with the U.S. Federal Trade Commission's decision to allow pharmaceutical firm Amgen (AMGN.O) to move forward with its acquisition of Horizon Therapeutics. Key Points

Reuters

EU regulators set new Feb 14 deadline on Amazon/iRobot deal

European Union (EU) antitrust regulators will decide by February 14 next year on whether to clear Amazon's (AMZN.O) $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O), according to a regulatory filing. Key Points

Reuters

EU industry chief warns Alphabet CEO on tech rules compliance after Hamas attack

EU industry chief Thierry Breton on Friday warned Alphabet (GOOGL.O) Chief Executive Officer Sundar Pichai to adhere to EU tech rules after the spread of disinformation on YouTube following Hamas' attacks in Israel, the latest company to be rebuked. Key Points

Reuters

U.S. antitrust enforcer says pressing on with fight against Microsoft/Activision deal

The U.S. Federal Trade Commission said on Friday it remained focused on its appeal opposing Xbox maker Microsoft's (MSFT.O) now-closed $69 billion deal to buy Activision (ATVI.O) but would "assess" the company's agreement with Ubisoft (UBIP.PA). Key Points

Reuters

Microsoft-Activision: Ubisoft deal helps win Britain's nod

Britain's antitrust regulator on Friday cleared Microsoft's (MSFT.O) acquisition of "Call of Duty" maker Activision Blizzard (ATVI.O) after the restructured deal substantially addressed its earlier concerns. Key Points

Reuters

Epic Games asks US Supreme Court to review Apple antitrust case

Epic Games on Wednesday asked the U.S. Supreme Court to review the antitrust case it brought against Apple (AAPL.O), hoping to reverse lower court rulings that have found the iPhone maker has not violated antitrust laws. Key Points

Reuters

FTC's Khan, critic of Big Tech, takes on Amazon.com

Federal Trade Commission Chair Lina Khan - whose agency filed a long-awaited antitrust lawsuit against Amazon.com (AMZN.O) on Tuesday - published a major academic article in 2017 arguing the online retailer had escaped antitrust scrutiny. Key Points

Reuters

French ministers urge EU's Vestager to reconsider US pick for antitrust post

France's foreign minister and government minister have called EU antitrust chief Margrethe Vestager to reconsider her appointment of a U.S. economist and former antitrust official to a senior job at the European Commission overseeing Big Tech. Key Points

Reuters

Broadcom's $61 bln VMware deal wins conditional EU antitrust OK

U.S. chipmaker Broadcom (AVGO.O) secured EU antitrust approval on Wednesday for its $61 billion proposed acquisition of cloud computing firm VMware (VMW.N) after offering remedies to help rival Marvell Technology (MRVL.O). Key Points

Reuters

Microsoft, Activision CEOs expected to urge US judge to allow $69 billion merger

With U.S. antitrust enforcers determined to stop Microsoft from buying "Call of Duty" maker Activision Blizzard , the companies' two chief executives are expected to testify on Wednesday that the $69 billion deal will be good for gamers and should go forward. Key Points

Reuters

Today’s Cache | E.U. regulators target Google’s ad-tech business; FTC looks to block Microsoft-Activision deal; Centre denies CoWIN data breach

News snippets for E.U. regulators planning to demand Google sell part of its ad-tech business, U.S. FTC looking to block Microsoft’s Activision deal, and the Health Ministry in India denying CoWIN data breach. Key Points

The Hindu

Amazon should not pay $268 million in Luxembourg back taxes, EU court adviser says

The EU antitrust watchdog equated the tax deal to illegal state aid. However, a lower tribunal in 2021 scrapped the EU decision, dealing a blow to EU competition chief Margrethe Vestager's crackdown on preferential deals. Key Points

Financialexpress

EU antitrust regulators quiz cloud rivals on Microsoft’s request for customer data

Cloud Infrastructure Services Providers in Europe (CISPE), whose members include Amazon, alleged last November that Microsoft's new contractual terms imposed on Oct. 1 together with other practices were harming the European cloud computing ecosystem. Key Points

The Indian Express

Today’s Cache | Alexa’s AI makeover; Microsoft struggles in the U.K.; India’s smartphone shipments fall

News snippets for Amazon building a more powerful AI, Microsoft struggling in the U.K. and India' s smartphone shipments falling for the third consecutive quarter. Key Points

The Hindu