Tag Archives: anti competitive
Snap’s ‘Project Voldemort’ dossier detailed Facebook’s copycat moves
Facebook hasn't been subtle about duping Snapchat features and otherwise undermining its competitor. Don't think Snap just shrugged its shoulders and focused on adding and opening up features, though -- apparently, it's been taking notes. Wall Stre...
Facebook’s Libra Association is being investigated by EU antitrust regulators
Facebook's Libra cryptocurrency project is being probed again, this time by European Union antitrust regulators. The European Commission said it is "currently investigating potential anti-competitive behavior," related to the Libra Association, Bloom...
Amazon faces record fine from French fraud watchdog
French President Emmanuel Macron recently helped open a new Amazon distribution center in the north of France, but now the retail giant is in the government's doghouse. Economic Minister Bruno Le Maire has filed a complaint against Amazon for abusing...
Samsung buys 10 percent stake in rival phone maker Pantech
Hang around these pages long enough and you're bound to come across Pantech, the South Korean purveyor of everything from giant 1080p handsets down to... giant 720p handsets. Samsung has noticed this rising star too and, so says Yonhap News, has now made a $50 million investment in the smaller company in return for a 10 percent stake. Implicit in that is that the Korean government has allowed Samsung's ever-expanding influence to infiltrate a potential rival, since Pantech is now the No. 3 phone maker in that country and only Qualcomm and a state-run bank possess larger stakes than Samsung's. As a result, the acquisition could have an anti-competitive aura to it -- but then, Pantech has actually been struggling of late, not least with large debts, and it has relied on big backers to bail it out.
Filed under: Cellphones, Mobile
Via: The Next Web
Source: Yonhap News
Court upholds EU antitrust decision against Microsoft, reduces fine slightly to $1.07 billion
Europe's second-highest court has finally denied Microsoft's 2008 appeal of its 899 million euro ($1.35 billion) EU antitrust fine, while reducing the award to 860 million euros ($1.07 billion). If you can't remember that far back, Redmond was hit with the penalty for delaying information about its operating system to rival companies, impeding their progress in competing with the software giant. It's not known if a further appeal is possible, but we suspect that the company won't give up if it's got any options -- it's not exactly pocket change we're talking about.
Court upholds EU antitrust decision against Microsoft, reduces fine slightly to $1.07 billion originally appeared on Engadget on Wed, 27 Jun 2012 05:14:00 EDT. Please see our terms for use of feeds.
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Reuters | Email this | Comments WD grits teeth, hands over the goodies to Toshiba to regulators and dentists’ delight
Western Digital has completed its FTC-ordered handover of assets to Toshiba in order to buy Hitachi's HDD business Viviti. The wedding of the year was halted when regulators, citing monopoly concerns, demanded WD hand over a bundle of IP, R&D materials and production line gear to Tosh. In exchange, Western Digital will take over Toshiba Storage Device (Thailand), the arm of the company that was devastated in the recent flooding. It's WD's aim to integrate the remaining assets into its own local operations -- you can read the official line in the land of pure imagination below.
WD grits teeth, hands over the goodies to Toshiba to regulators and dentists' delight originally appeared on Engadget on Tue, 15 May 2012 08:36:00 EDT. Please see our terms for use of feeds.
Permalink | | Email this | CommentsAntitrust suit carries on against Intel, Apple, Google and others
They can hope and pray all that they want, but Google, Intel, Apple, Adobe, Intuit, Pixar and Lucasfilm will soon be facing some serious accusations in a courtroom under the Sherman Antitrust Act and California's Cartwright Act. After years of trying to dodge legal action over an "informal agreement" to not pinch each others employees, and an effort to have the case dismissed, the seven defendants will have to stand trial as ordered by District Judge Lucy Koh in San Jose, California. In her decision Koh said, not only was there evidence that these agreements were made at the highest levels of the company but, that six such deals were struck in secret in such a short time frame "suggests that these agreements resulted from collusion." There's still time for yet another deal to be struck, however, this time between the defendants and the DOJ. Otherwise it looks like all seven will have to stand trial in June of 2013.
Antitrust suit carries on against Intel, Apple, Google and others originally appeared on Engadget on Fri, 20 Apr 2012 10:48:00 EDT. Please see our terms for use of feeds.
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Slashgear | Reuters | Email this | Comments