antitrust penalty news

Apple to face 1st EU fine under new digital antitrust rules

Apple to reportedly face EU antitrust fine

In March 2024, the tech giant was fined $2.01bn for limiting competition in music streaming through its App Store policies.

scmp.com · 3d

Apple to face first EU fine under new digital antitrust rules

The penalty, under the tough new Digital Markets Act (DMA), is set to come just months after Cupertino, California-based Apple was hit with a €1.8 billion (US$2 billion) fine for similar abuses under the bloc’s traditional competition rules – involving music streaming service Spotify.

Reuters on MSN · 4d

Apple set to face fine under EU's landmark Digital Markets Act, sources say

Apple is set to be fined by the European Union's antitrust regulators under the bloc's landmark rules aimed at reining in the power of Big Tech, making it the first company to be sanctioned, sources with direct knowledge of the matter said on Tuesday.

TechCrunch on MSN · 3d

Apple to be fined for breaching EU’s Digital Markets Act, Bloomberg reports

The European Union’s flagship market contestability regulation has been in force on a handful of tech giants for months. Since March, the bloc has had open investigations on several gatekeepers. But it’s Apple that will face the first Digital Markets Act (DMA) fine,

Zomato, Swiggy violated anti trust law

ndtvprofit · 1d

Competition Commission Probe Finds Swiggy, Zomato Breached Antitrust Laws: Report

Swiggy and Zomato offered exclusivity pacts to food outlets, which prevents the market from becoming more competitive, the CCI reportedly found.

Reuters · 1d

Exclusive: India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show

An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring select restaurants listed on their platforms,

Mint · 1d

India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show

The antitrust investigation against Swiggy and its top rival Zomato began in 2022 after a complaint by National Restaurant Association of India about the impact on food outlets of alleged anti-competitive practices of the platforms.

16don MSN

Intel scores fresh win against EU after top court backs annulment of billion-euro antitrust fine

Chipmaker Intel has won a fresh victory in a long-running battle against European Union competition watchdogs after the ...

HousingWire4d

What a Trump victory would mean for antitrust enforcement

What would a Trump victory mean for antitrust enforcement? And would a Harris presidency really mean a continuation of the ...

Sportsnaut on MSN12h

Denny Hamlin dishes on playoff format, NASCAR lawsuit and race manipulation penalty

Earlier in the week, both Denny Hamlin and Mike Forde found themselves on opposite ends of a court room during a hearing and ...

Racer on MSN5d

NASCAR, teams head to federal court as antitrust hearing begins

The first step in the antitrust lawsuit 23XI Racing and Front Row Motorsports filed against NASCAR occurred Monday as ...

pharmaphorum9d

Teva fined €462.6m for antitrust delay to MS drug rivals

The fine of €462.6 million ($503 million) is believed to be the largest imposed on a pharma company for breaking antitrust ...

RealClearMarkets12d

Here's How Harris Could Govern Differently from Biden

Here's a suggestion: promise to cut off Biden's antitrust attack dogs. Google is currently awaiting penalty from Biden's Department of Justice (DOJ), which alleges the company operates as a ...

gadgets3601d

Competition Commission of India Finds Zomato, Swiggy Breached Antitrust Laws, Documents Show

CCI documents were shared with Swiggy, Zomato Neither Swiggy nor Zomato have commented on the development as yet Swiggy, Zomato is working with hundreds and thousands of food businesses ...

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