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Britain to curb Google and Facebook with tougher competition rules

Paul Sandle, Reuters
Posted at Nov 27 08:50 AM

Britain will impose a new competition regime next year to prevent Google and Facebook using their dominance to push out smaller firms and disadvantage consumers. Read more »

Retailers group pleads for delay in retail liberalization, says MSMEs will be hurt

Warren de Guzman, ABS-CBN News
Posted at Nov 25 11:21 PM

The head of a retail industry group on Wednesday said the liberalization of the Philippines retail trade sector should be delayed as smaller local players may be unable to compete with new foreign entrants because of the effect of the pandemic on local businesses.   Read more »

Recession strengthened monopolies as smaller players closed: antitrust body

Warren de Guzman, ABS-CBN News
Updated as of Nov 25 10:38 PM

The Philippines’ antitrust regulator on Wednesday warned that the recession triggered by the COVID-19 pandemic strengthened already existing monopolies as smaller firms closed down.    Read more »

Google under review for possible British competition inquiry

Reuters
Posted at Nov 23 08:09 PM

Britain's competition regulator said on Monday it had received a complaint about Google related to its market study this year on online platforms and digital advertising. Read more »

PLDT's Manny Pangilinan withdraws bid for Sky Cable citing regulatory risks

ABS-CBN News
Updated as of Nov 05 06:59 PM

Telecoms tycoon Manny Pangilinan has withdrawn his bid to acquire Sky Cable Corp from the Lopez Group due to worries that antitrust regulators may flag the deal. Read more »

Japan to join forces with U.S., Europe in regulating Big Tech firms: antitrust watchdog head

Leika Kihara and Takahiko Wada, Reuters
Posted at Oct 19 03:09 PM

Japan will join forces with the United States and Europe to take on any market abuses by the four Big Tech companies, the new head of its antitrust watchdog said on Monday, a sign Tokyo will join global efforts to regulate digital platform operators. Read more »

Google sweetens Fitbit concessions, EU okay in sight

Foo Yun Chee, Reuters
Posted at Oct 19 09:20 AM

Alphabet's Google has tweaked concessions aimed at allaying EU antitrust concerns about its $2.1 billion purchase of Fitbit, people familiar with the matter said, putting it on course to secure EU approval for the deal. Read more »

Competition watchdog clears URC's acquisition of sugar milling plants, land in Negros

ABS-CBN News
Posted at Sep 07 03:38 PM

The country’s antitrust watchdog said Monday it has cleared Universal Robina Corp’s acquisition of the assets of several companies in Negros Island. Read more »

Zuckerberg to urge US to update 'rules for the internet'

Agence France-Presse
Posted at Jul 29 07:30 AM

Facebook chief Mark Zuckerberg will tell a major antitrust hearing Wednesday that the internet giant would not have succeeded without US laws fostering competition -- but that the rules of the internet now need updating.   Read more »

Facebook says EU antitrust probe invades employee privacy

Agence France-Presse
Posted at Jul 28 08:28 AM

Facebook on Monday said it is asking EU courts to review "exceptionally broad" requests by antitrust regulators there that would scoop up employees' personal information.   Read more »

Antitrust body issues guidelines for merger reviews under GCQ, MGCQ

ABS-CBN News
Posted at Jul 17 05:15 PM

The Philippine Competition Commission said Friday the regular merger review operations would resume using digital means and that it has issued guidelines for operations under general and modified general community quarantine.   Read more »

Apple scores legal victory against $14.9 billion EU tax demand

Adam Satariano, The New York Times
Posted at Jul 16 09:20 AM

Apple won a major legal victory on Wednesday against European antitrust regulators as a European court overruled a 2016 decision that ordered the company to pay $14.9 billion in unpaid taxes to Ireland.   Read more »

EU opens antitrust cases against Apple

Agence France-Presse
Posted at Jun 16 07:09 PM

The EU's powerful antitrust authority opened a series of cases against Apple on Tuesday, including one brought by Spotify alleging the iPhone maker makes unfair use of its app store. Read more »

Antitrust body raises mergers, acquisitions thresholds for notification

ABS-CBN News
Updated as of Feb 17 12:42 PM

The threshold size of either firm or entity before the transaction will be increased to P6 billion from P5.6 billion effective March 1. The threshold for the size of transaction will be raised to P2.4 billion from P2.2 billion, the PCC said in a statement. Read more »

Big Tech acquisitions over past decade to face fresh US scrutiny

Rob Lever, Agence France-Presse
Posted at Feb 12 07:19 AM

A US regulatory agency said Tuesday it would review acquisitions made by 5 Big Tech firms over the past decade -- opening the door to a wave of potential antitrust investigations.   Read more »

Grab needs 'big competitor' to temper dominance: antitrust chief

ABS-CBN News
Updated as of Jan 17 10:22 AM

A "monitor" will be established "soon" to check on the refund, Philippine Competition Commission Chairman Arsenio Balisacan said. Grab started crediting the P19 million in refunds to app users' digital wallets as it denied overcharging. Read more »

Google wants safeguards for information in antitrust fight

Daisuke Wakabayashi, The New York Times
Posted at Nov 01 08:18 AM

In a petition filed Thursday in Texas state court of Travis County, Google, along with its parent company Alphabet, sought a protective order against Ken Paxton, the attorney general of Texas, who is spearheading the multistate antitrust investigation into the company. Read more »

Advertising execs point to five ways Google stifles business

Paresh Dave and Sheila Dang, Reuters
Posted at Sep 12 08:25 AM

US authorities investigating Alphabet Inc's Google for anti-competitive behavior have recently begun probing the company's $116 billion-a-year advertising business.   Read more »

How Apple stacked App Store with own products

Jack Nicas and Keith Collins, The New York Times
Posted at Sep 10 04:12 PM

As Apple has become one of the largest competitors on a platform that it controls, suspicions that the company has been tipping the scales in its own favor are at the heart of antitrust complaints in the United States, Europe and Russia. Read more »

Big Tech backlash kicks into gear with antitrust moves

Rob Lever, Agence France-Presse
Updated as of Sep 10 07:10 AM

The backlash against Big Tech moved into a new phase Monday as officials from nearly all US states announced an antitrust investigation into the dominance of internet giant Google. Read more »