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September 19, 2023
Here's an updated, play-by-play account of major milestones in the cases.
September 14, 2023
(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...
August 21, 2023
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...
August 7, 2023
BRUSSELS (Reuters) -Adobe's $20 billion bid for cloud-based designer platform Figma could reduce competition in global markets for interactive product design tools and also shut out rivals, EU antitrust regulators said on Monday. The European Commission said it opened a full-scale investigation into the deal after a preliminary review triggered concerns, confirming a Reuters story last month. Figma's web-based collaborative platform for designs and brainstorming is popular among tech...
August 1, 2023
Expert advice for creating a culture that encourages difficult questions and candid feedback for the CEO.
July 19, 2023
WASHINGTON (Reuters) -U.S. antitrust regulators published guidelines on Wednesday on the kinds of mergers and acquisitions they object to, reaffirming the skepticism with which President Joe Biden's administration has approached many deals, especially in the technology sector. The U.S. Justice Department and Federal Trade Commission (FTC) have mounted an unprecedented number of legal challenges to mergers since Biden came to office in 2021. Their success in court has been mixed, with two ...
July 5, 2023
(Bloomberg) -- Meta Platforms Inc.’s Facebook lost its European Union court fight over a German antitrust order that homed in on the US tech firm’s power to cash-in on a vast trove of users’ data.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyOdey...
February 24, 2023
The post fell vacant after Ashok Kumar Gupta demitted the chairman’s office on 25 October after completing his four-year term. CCI has to have a chairperson and not less than two and not more than six other members, as per the Competition Act
January 5, 2023
According to media reports, South Korea's Antitrust Regulators could impose a 2.85 billion won (US$ 2.
October 27, 2022
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 ...