Page 39 - Acb News Today

The global energy crunch which has sent natural gas prices to record highs and caused power shortages in many parts of the world is now spilling over to the island state of Singapore which is dependent on gas for power generation.

About a dozen U.S. senators from both parties on Monday formally introduced a bill that would bar Big Tech platforms, like Amazon and Alphabet's Google, from favoring their products and services.

Italy's antitrust authority said on Thursday it had given a conditional green light to Nexi's acquisition of smaller rival SIA to create an Italian payments champion.

China is considering boosting the status of its antitrust bureau within the market regulatory agency as it steps up a campaign against anti-competitive behaviour, two people familiar with the matter said.

A 57-year-old forest officer posted here in Maharashtra has been arrested by the Mumbai Anti-Corruption Bureau (ACB) for allegedly taking a bribe of Rs 5.3 lakh from a junior officer, officials said.

EU antitrust regulators have resumed their scrutiny of U.S. life sciences company Illumina's bid for Grail Inc after a two-month temporary halt and will decide by Feb. 4 whether to clear the deal, a European Commission filing showed on Tuesday.

Senate Commerce Committee Chair Maria Cantwell on Tuesday called on Facebook Chief Executive Mark Zuckerberg to preserve all documents related to a testimony last week from company whistleblower Frances Haugen.

Turkey's Competition Board said on Monday it had opened an investigation to determine whether Turkish e-commerce firm Trendyol, backed by Chinese internet giant Alibaba, had violated the country's competition law.

China will continue to curb monopolistic behaviors of internet platform companies and strengthen the protection of consumer privacy and data security, central bank governor Yi Gang said.

EU antitrust regulators are following up on a complaint by Slack Technologies by asking Microsoft's rivals if its Teams app integrated with its Office product gives it greater clout, in a sign that they could open an investigation.