Google paying hefty price to keep search engine default on Safari
Alphabet Inc. paid Apple Inc. $20 billion in 2022 (R327.48 billion at that year's average exchange rate) for Google to be the default search engine in the Safari browser, according to newly unsealed court documents in the Justice...
Apple's market value continues drop after US DOJ announces antitrust lawsuit
Regulators on both sides of the Atlantic are training their eyes on Apple Inc., unnerving investors with fears over fines and threatening its market dominance.
In the US, the Justice Department and 16 attorneys...
Amazon kills $1.4-billion iRobot deal
Amazon.com Inc. has abandoned its planned $1.4-billion (R26.36 billion) acquisition of Roomba maker iRobot Corp. after clashing with European Union regulators who had threatened to block the deal.
The fallout came quickly. IRobot, which has been struggling...
36% of Google Search revenue on Safari goes to Apple
Google pays Apple Inc. 36% of the revenue it earns from search advertising made through the Safari browser, the main economics expert for the Alphabet Inc. unit said Monday.
Kevin Murphy, a University of Chicago professor, disclosed the...
Sundar Pichai denies deleting evidence in major antitrust case
Google chief executive officer Sundar Pichai sought to defend himself against US government accusations that he has encouraged internal communications to be hidden from enforcers scrutinising the company for antitrust violations...
EU happy with Microsoft's Activision Blizzard deal tweaks to appease CMA
Microsoft Corp.’s rehashed $69-billion (R1.3-trillion) acquisition of Activision Blizzard Inc. is set to avoid another European Union probe, paving the way for closing of the gaming industry’s biggest ever deal as soon as...
Apple weighed switch to DuckDuckGo as default search engine
Apple Inc. held talks with DuckDuckGo to replace Alphabet Inc.’s Google as the default search engine for the private mode on Apple’s Safari browser, but ultimately rejected the idea.
The details of those talks — and Apple’s...
Nvidia offices raided as part of French antitrust probe — WSJ
French antitrust enforcers raided the offices of a business suspected of engaging in “anticompetitive practices in the graphics cards sector,” targeting a company that the Wall Street Journal identified as Nvidia Corp.
“Raids do not...
Microsoft discussed sale of Bing to Apple
Microsoft Corp. discussed selling its Bing search engine to Apple Inc. around 2020, a deal that would have replaced Google as the default option on the iPhone maker’s devices, according to people with knowledge of the matter.
Executives from Microsoft...
Amazon sued by FTC for “monopolising” online marketplace services and seller overchargers
The US Federal Trade Commission sued Amazon.com Inc. in a long-anticipated antitrust case, accusing the e-commerce giant of monopolising online marketplace services by degrading quality for shoppers and...
Google Maps saw usage plummet after default app switch on iPhone
Two years after Apple Inc. dropped Google Maps as its default service on iPhones in favour of its own app, Google had regained only 40% of the mobile traffic it used to have on its mapping service, a Google executive testified in...
Big antitrust lawsuit coming Amazon's way
The Federal Trade Commission is likely to sue Amazon.com Inc. later this month, capping a four-year antitrust investigation into the company, people familiar with the matter said Tuesday.
The antitrust suit is expected to target the online retail...
Microsoft takes new Activision Blizzard deal offer to CMA
Microsoft Corp.’s $69-billion (R1.29-trillion) Activision Blizzard Inc. acquisition got a new chance at winning approval from UK regulators after the tech giant submitted a substantially different deal to the country’s antitrust...
Broadcom's $61 billion VMware takeover gets all-clear in UK
Broadcom Inc.’s $61-billion (R1.16-trillion) takeover of VMware Inc. was cleared by the UK’s antitrust watchdog, paving the way for one of the largest-ever tech deals.
The Competition and Markets Authority confirmed its provisional...
Shein rival sues for alleged threats and intimidation of clothing manufacturers
Chinese-owned online retailer Temu sued rival Shein in the US, alleging it violated antitrust laws by using threats and intimidation to block clothing manufacturers from working with the fast-rising upstart.
Shein...
FTC officially sues to stop Microsoft's Activision deal
The Federal Trade Commission sued Microsoft Corp. in federal court Monday to block the company from closing its $69-billion (R1.29-trillion) acquisition of Activision Blizzard Inc.
In a filing in California federal court, the FTC sought a...
Google flouted court order to preserve employee chats
Alphabet Inc.’s Google flouted a court order requiring it to save records of employee chats in antitrust litigation over its Google Play app store policies, a federal judge concluded.
Google gave almost 360 employees “carte blanche” not to...
Google must face US states' antitrust lawsuit, judge rules
An antitrust suit by state attorneys general accusing Alphabet Inc.’s Google of monopolising the technology underlying online advertising can move forward, a New York federal judge ruled.
Judge P. Kevin Castel on Tuesday allowed the...
CEOs Mark Zuckerberg, Tim Cook, Jeff Bezos & Sundar Pichai testify before House Judiciary Commitee
https://www.cnet.com/news/historic-antitrust-hearing-kicks-off-with-big-tech-on-the-hot-seat/
A historic antitrust hearing kicked off early Wednesday afternoon, with the CEOs of Facebook, Amazon...
Google dodges antitrust fine
Google agreed to make concessions on how it displays competitors’ links on its website in a deal with the European Union regulator