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US regulators unveil antitrust roadmap with Big Tech in crosshairs - Vimarsana News

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 losses recorded just last week in their attempts to scupper Microsoft Corp's $69 billion deal t...

Source: yahoo.com
Meta Loses EU Court Fight Over Antitrust Crackdown on Data - Vimarsana News

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’s Hedge Fund Empire Is Disinteg

Source: yahoo.com
Centre seeks fresh applications for post of CCI chief - Vimarsana News

Centre seeks fresh applications for post of CCI chief

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

South Korea fines Tesla $2.2M for false range claims - Vimarsana News

South Korea fines Tesla $2.2M for false range claims

According to media reports, South Korea's Antitrust Regulators could impose a 2.85 billion won (US$ 2.

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

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 over Microsoft's pending $69 billion purchase of Activision Blizzard.

Source: aol.com