Alphabet’s Google on Tuesday lost its fight against a EUR 2.42 billion ($2.7 billion or roughly Rs. 22,673 crore) fine levied by EU antitrust regulators seven years ago, one of a trio of hefty fines meted out to the company for various anti-competitive practices. The European Commission fined the world’s most popular internet search engine … Read more
EU antitrust officials are considering ordering Alphabet’s Google to end anti-competitive practices in its adtech business, but will not order a breakup as they had previously warned, people with direct knowledge of the matter said. European Union regulators are due to issue a decision with a hefty fine in the coming months after antitrust chief … Read more
A federal judge in California has granted Google’s request to temporarily pause his order directing the Alphabet unit to overhaul its Android app store Play by Nov. 1 to give consumers more choice over how they download software. San Francisco-based U.S. District Judge James Donato made the decision on Friday as part of an antitrust … Read more
Apple was Hit with a Eur 150 Million ($ 162.4 Million or Roughly Rs. 1,389 Crore) Fine by French Antitrust Regulators on Monday for Abusing Its Dominant Postation In Mobile Apps via a privacy control tool. The Fine – The first by any antitrust regulator over Apple’s App Tracking Transparency Tool – Comes a Year … Read more
Apple was hit with a EUR 150 million ($162.4 million or roughly Rs. 1,389 crore) fine by French antitrust regulators on Monday for abusing its dominant position in mobile app advertising on its devices via a privacy control tool. The fine – the first by any antitrust regulator over Apple’s App Tracking Transparency tool – … Read more
Alphabet Inc.’s Google called a US Justice Department plan to force it to sell its web browser “extreme” and at odds with the law, urging a federal court judge to take caution lest he stifle innovation and future investment. In a court filing late Friday, Google responded to the DOJ’s request and proposed its own … Read more
Apple has asked to participate in Google’s upcoming US antitrust trial over online search, saying it cannot rely on Google to defend revenue-sharing agreements that send the iPhone maker billions of dollars each year for making Google the default search engine on its Safari browser. Apple does not plan to build its own search engine … Read more
Microsoft’s $13 billion (roughly Rs. 1,12,485 crore) investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud computing into the nascent artificial intelligence market, the Federal Trade Commission said in a report released Friday. The commission said Microsoft’s deal with Openaias well as Amazon.com and Google’s partnerships with AI company … Read more
Meta Platforms Inc. was hit with a €798 million ($841 million or roughly Rs. 7,100 crore) fine by European Union regulators by tying its Facebook Marketplace service to the social network, the US tech giant’s first ever penalty for EU antitrust violations. In a groundbreaking decision, the European Commission ordered Meta to stop tying its classified-ads … Read more
After the Competition Commission imposed a Rs 213-crore penalty on Meta in relation to WhatsApp privacy policy, the company said it disagrees with the watchdog’s decision and plans to appeal. The Competition Commission of India (CCI) on Monday asked WhatsApp to refrain from sharing user data with other applications, owned by Meta, for advertising purposes … Read more