monopoly | ABS-CBN News

Business groups back Senate amendments to Public Service Act

ABS-CBN News
Posted at Sep 20 09:05 PM

In a statement, the business groups said they strongly support liberalization of the Philippine economy via amendments to the Public Service Act. Read more »

Apple loosens App Store rules on content companies

Stephen Nellis, Reuters
Posted at Sep 02 09:42 AM

Apple will loosen App Store rules that have banned companies like Netflix Inc from giving customers a link to create a paid account to bypass Apple's in-app purchase commissions. Read more »

Facebook wins antitrust dismissal, surges to $1 trillion value

Rob Lever, Agence France-Presse
Updated as of Jun 29 06:41 AM

A US judge on Monday dismissed the blockbuster antitrust action against Facebook filed last year by federal and state regulators, helping lift the value of the social media giant above $1 trillion for the first time. Read more »

France fines Google 220 million euros over online ad dominance

Laurent Barthelemy, Agence France-Presse
Posted at Jun 07 06:21 PM

France's competition regulator on Monday fined Google 220 million euros ($267 million) after finding it had abused its dominant market position for placing online ads, as US tech giants face growing pressure in Europe. Read more »

Apple faces UK legal claim over App Store charges

ABS-CBN News
Posted at May 11 09:19 PM

Apple was facing Tuesday possible further court action over its App Store after it was accused of "overcharging" millions of app-purchasers in the UK. Read more »

China antitrust: Beijing’s new rule book raises the bar for what counts as monopoly

Iris Deng and Coco Feng, South China Morning Post
Posted at Feb 10 07:52 PM

This new rule book for regulators comes at a time when some of the country’s largest and most influential technology companies – including Alibaba Group Holding and Tencent Holdings – are embroiled in various anti-monopoly issues.  Read more »

Google, Facebook, coordinated antitrust response: report

Agence France-Presse
Posted at Dec 23 02:15 AM

WASHINGTON - Google and Facebook worked together to help fend off an antitrust investigation into the two tech giants which dominate digital advertising, according to a media report citing a draft of a state lawsuit. Read more »

Google hit with third antitrust lawsuit, by new state coalition

Agence France-Presse
Posted at Dec 18 04:26 AM

SAN FRANCISCO - Dozens of US states on Thursday hit Google with its third antitrust suit in as many months, accusing the internet giant of abusing its internet search dominance to eliminate competition. Read more »

China fines its IT giants under anti-monopoly laws

Kyodo News
Posted at Dec 14 09:47 PM

The Chinese government said Monday that it has fined the country's IT giants, Alibaba Group Holding Ltd. and a Tencent Holdings Ltd. unit, 500,000 yuan ($76,500) each under anti-monopoly laws.   Read more »

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 »

What Is happening with the antitrust suit against Google?

The New York Times
Posted at Oct 21 11:22 AM

The Justice Department sued Google on Tuesday, accusing the company of illegally abusing its dominance in internet search in ways that harm competitors and consumers.   Read more »

US slaps Google with antitrust suit, eyes possible breakup

Rob Lever, Agence France-Presse
Posted at Oct 21 03:18 AM

WASHINGTON - The US government filed a blockbuster lawsuit Tuesday accusing Google of maintaining an "illegal monopoly" in online search and advertising in the country's biggest antitrust case in decades -- and opening the door to a potential breakup of the Silicon Valley titan. Read more »

US antitrust regulator may question Facebook chief: report

Agence France-Presse
Posted at Jul 18 07:38 AM

US regulators may question Facebook chief Mark Zuckerberg and his right-hand executive to determine if the social network has broken monopoly laws, according to a Wall Street Journal report Friday. Read more »