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Microsoft Facing Formal EU Complaint Over Teams Video App

(Bloomberg) -- Microsoft Corp.’s attempt at avoiding deeper European Union scrutiny of its Teams video-conferencing app fell flat with the bloc’s antitrust enforcers readying a formal complaint against the firm’s conduct. Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackRay Dalio Says He Doesn’t Want to Hold Bonds, Cash ‘Is Good’Russian Elite Bring Back $50 Billion of Assets as Havens DwindleCiti Plans Job Cuts as It Revamp...
United States Bloomberg Businessweek Nextcloud Gmb European Union Bloomberg Microsoft Corp Salesforce Inc
Source: yahoo.com

EEX bourse requires EU antitrust okay for Nasdaq deal, EU says

BRUSSELS (Reuters) -Deutsche Boerse's European Energy Exchange (EEX) has to seek EU antitrust approval for its acquisition of Nasdaq's European power trading and clearing business because of its importance to Europe's energy market, EU antitrust regulators said on Monday. The European Commission, which acts as the competition enforcer for the 27-country European Union, said it had been asked by Denmark, Finland, Sweden and Norway to examine the deal even though the acquisition fa...
Bruxelles Capitale Foo Yun Chee Kirsten Donovan Sudip Kar Gupta European Union Deutsche Boerse European Energy Exchange
Source: yahoo.com

Adobe's Figma deal faces EU competition investigation

BRUSSELS (Reuters) -Adobe's $20 billion bid for cloud-based designer platform Figma could reduce competition in global markets for interactive product design tools and also shut out rivals, EU antitrust regulators said on Monday. The European Commission said it opened a full-scale investigation into the deal after a preliminary review triggered concerns, confirming a Reuters story last month. Figma's web-based collaborative platform for designs and brainstorming is popular among tech...
Bruxelles Capitale Foo Yun Cheeediting Sharon Singleton David Goodman Foo Yun Chee Video Communications
Source: yahoo.com

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US regulators unveil antitrust roadmap with Big Tech in crosshairs

WASHINGTON (Reuters) -U.S. antitrust regulators published guidelines on Wednesday on the kinds of mergers and acquisitions they object to, reaffirming the skepticism with which President Joe Biden's administration has approached many deals, especially in the technology sector. The U.S. Justice Department and Federal Trade Commission (FTC) have mounted an unprecedented number of legal challenges to mergers since Biden came to office in 2021. Their success in court has been mixed, with two ...
United States White House District Of Columbia Richard Chang Anirban Sen Elizabeth Warren
Source: yahoo.com

Meta Loses EU Court Fight Over Antitrust Crackdown on Data

(Bloomberg) -- Meta Platforms Inc.’s Facebook lost its European Union court fight over a German antitrust order that homed in on the US tech firm’s power to cash-in on a vast trove of users’ data.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyOdey&#x2...
United States Karin Matussek Andreas Mundt Bloomberg Businessweek Cartel Office Eu Court
Source: yahoo.com

Call of Duty's latest battle is between Microsoft and Sony

Hunting down your enemies on the bustling streets of Amsterdam, along the U.S.-Mexico border or in a Middle Eastern fishing village is just part of the intense action in the latest Call of Duty video game. The Friday release of Call of Duty: Modern Warfare 2 continues a nearly two-decade run for California-based Activision Blizzard's wildly popular military shooting game franchise. Call of Duty is at the center of a corporate tug-of-war between Microsoft’s Xbox and Sony’s PlayStation ...
United Kingdom United States Saudi Arabia Noord Holland Van Dreunen Los Angeles
Source: aol.com

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