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Meta Will Face Antitrust Trial Over Instagram, WhatsApp Acquisitions
Meta will be facing a trial in a US Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media.
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iPad Brought Under EU's Digital Markets Act, Apple Must Comply With New Rules in 6 Months
Apple’s iPad has been added to a list of Big Tech products and services hit by strict new European Union rules aimed at stopping potential competition abuses before they take hold.
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Cannes 2024: Payal Kapadia's All We Imagine As Light Is In Competition
Quentin Dupieux's The Second Act is the opening film at the 77th edition
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Spotify to Allow In-App Purchases for Subscriptions, Audiobooks on iPhone in Europe After March DMA Deadline
Spotify will allow customers in Europe to buy audiobooks and subscription plans from within the music-streaming app from March. The move is part of the company's decision to allow in-app purchases due to the EU's new competition law for Big Tech. Spotify will be able to avoid Apple's 30 percent fee for purchases made via the App Store once the EU's...
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Apple, Google May Have to Allow Third-Party App Stores, Payments in Japan: Report
Japanese government is reportedly preparing laws that will require Apple and Google as well as other similar companies to allow users to download apps outside their official app stores and let alternative payment methods for any apps.
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President Droupadi Murmu Gives Assent To Competition Law Amendment Bill
President Droupadi Murmu has given assent to the bill to amend the competition law and the changes seek to ensure regulatory certainty and foster a trust-based business environment.
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German Antitrust Watchdog Steps Up Scrutiny on Apple, Opens Door for Action Against Anti-Competitive Practices
Germany's anti-cartel watchdog said Wednesday it had placed US computing giant Apple under closer surveillance for any possible abuse of its market position.
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Digital Competition Act Recommended by Parliamentary Panel to Regulate Big Tech Firms
A parliamentary panel on Thursday mooted a digital competition act aimed at reining in anti-competitive practices of Big Tech firms in India. Companies like Google, Facebook, Amazon, and Apple have faced scrutiny in the past and the government has been working to tighten regulation of these Big Tech firms.
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Committee Recommends Digital Competition Act To Reign In Big Tech Firms
The proposals come against the backdrop of rising concerns over unfair business practices in digital markets.
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Meta Threatens to Remove News From Platform if US Congress Passes Media Bill
Meta has threatened to remove news from its platform if the US Congress passes a bill aimed at helping news outlets collectively negotiate deals with Big Tech firms. According to the Australian government, a similar law, which took effect in March 2021 has largely worked after talks with Big Tech firms, like Google and Facebook, led to a brief shut...
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Google Faces Over Rs. 1330 Crore Fine by CCI for Misusing Dominant Position in Android Mobile Market
The Competition Commission on Thursday imposed a penalty of Rs 1,337.76 crore on Google for abusing its dominant position in multiple markets in the android mobile device ecosystem. Besides, the fair trade regulator has directed the internet major to cease and desist from unfair business practices.
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US President Joe Biden Signs Order for Implementation of CHIPS Act, Forms Council for Policy Development
US President Joe Biden signed an order to implement the CHIPS Act on Thursday. The executive order will ensure subsidy for manufacturing semiconductor chips in the US. The implementation plan worth $52.7 billion (nearly Rs. 4,21,000 crore) aims at encouraging chip manufacturing and research in the country.
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US President Joe Biden Signs Landmark CHIPS Bill to Boost Semiconductor Manufacturing, Competition With China
US President Joe Biden signed signed the CHIPS Act on Tuesday, the new legislation that provides $52.7 billion (roughly Rs. 4,19,400 crore) in subsidies for US chip production and research. The bill was also designed to boost efforts to make the US more competitive with China and motivate firms to manufacture more chips in the country.
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CHIPS Bill: US President Joe Biden to Sign Bill to Boost US Semiconductor Industry on August 9
Biden will sign a bill to subsidize the US semiconductor industry next Tuesday, in an attempt to ease the ongoign chip crisis and boost efforts to make the United States more competitive with China. The CHIPS bill provides about $52 billion (roughly Rs. 4,11,400 crore) in government subsidies for research and US production of semiconductors.
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US Congress Passes Bill to Subsidise Domestic Semiconductor Sector Amid Competition From China
US Congress has passed the ‘Chips and Science’ Act to boost the semiconductor industry in the country amid competition from China. Meanwhile, China had lobbied against the semiconductor bill.
-
Meta Will Face Antitrust Trial Over Instagram, WhatsApp Acquisitions
Meta will be facing a trial in a US Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media.
-
iPad Brought Under EU's Digital Markets Act, Apple Must Comply With New Rules in 6 Months
Apple’s iPad has been added to a list of Big Tech products and services hit by strict new European Union rules aimed at stopping potential competition abuses before they take hold.
-
Cannes 2024: Payal Kapadia's All We Imagine As Light Is In Competition
Quentin Dupieux's The Second Act is the opening film at the 77th edition
-
Spotify to Allow In-App Purchases for Subscriptions, Audiobooks on iPhone in Europe After March DMA Deadline
Spotify will allow customers in Europe to buy audiobooks and subscription plans from within the music-streaming app from March. The move is part of the company's decision to allow in-app purchases due to the EU's new competition law for Big Tech. Spotify will be able to avoid Apple's 30 percent fee for purchases made via the App Store once the EU's...
-
Apple, Google May Have to Allow Third-Party App Stores, Payments in Japan: Report
Japanese government is reportedly preparing laws that will require Apple and Google as well as other similar companies to allow users to download apps outside their official app stores and let alternative payment methods for any apps.
-
President Droupadi Murmu Gives Assent To Competition Law Amendment Bill
President Droupadi Murmu has given assent to the bill to amend the competition law and the changes seek to ensure regulatory certainty and foster a trust-based business environment.
-
German Antitrust Watchdog Steps Up Scrutiny on Apple, Opens Door for Action Against Anti-Competitive Practices
Germany's anti-cartel watchdog said Wednesday it had placed US computing giant Apple under closer surveillance for any possible abuse of its market position.
-
Digital Competition Act Recommended by Parliamentary Panel to Regulate Big Tech Firms
A parliamentary panel on Thursday mooted a digital competition act aimed at reining in anti-competitive practices of Big Tech firms in India. Companies like Google, Facebook, Amazon, and Apple have faced scrutiny in the past and the government has been working to tighten regulation of these Big Tech firms.
-
Committee Recommends Digital Competition Act To Reign In Big Tech Firms
The proposals come against the backdrop of rising concerns over unfair business practices in digital markets.
-
Meta Threatens to Remove News From Platform if US Congress Passes Media Bill
Meta has threatened to remove news from its platform if the US Congress passes a bill aimed at helping news outlets collectively negotiate deals with Big Tech firms. According to the Australian government, a similar law, which took effect in March 2021 has largely worked after talks with Big Tech firms, like Google and Facebook, led to a brief shut...
-
Google Faces Over Rs. 1330 Crore Fine by CCI for Misusing Dominant Position in Android Mobile Market
The Competition Commission on Thursday imposed a penalty of Rs 1,337.76 crore on Google for abusing its dominant position in multiple markets in the android mobile device ecosystem. Besides, the fair trade regulator has directed the internet major to cease and desist from unfair business practices.
-
US President Joe Biden Signs Order for Implementation of CHIPS Act, Forms Council for Policy Development
US President Joe Biden signed an order to implement the CHIPS Act on Thursday. The executive order will ensure subsidy for manufacturing semiconductor chips in the US. The implementation plan worth $52.7 billion (nearly Rs. 4,21,000 crore) aims at encouraging chip manufacturing and research in the country.
-
US President Joe Biden Signs Landmark CHIPS Bill to Boost Semiconductor Manufacturing, Competition With China
US President Joe Biden signed signed the CHIPS Act on Tuesday, the new legislation that provides $52.7 billion (roughly Rs. 4,19,400 crore) in subsidies for US chip production and research. The bill was also designed to boost efforts to make the US more competitive with China and motivate firms to manufacture more chips in the country.
-
CHIPS Bill: US President Joe Biden to Sign Bill to Boost US Semiconductor Industry on August 9
Biden will sign a bill to subsidize the US semiconductor industry next Tuesday, in an attempt to ease the ongoign chip crisis and boost efforts to make the United States more competitive with China. The CHIPS bill provides about $52 billion (roughly Rs. 4,11,400 crore) in government subsidies for research and US production of semiconductors.
-
US Congress Passes Bill to Subsidise Domestic Semiconductor Sector Amid Competition From China
US Congress has passed the ‘Chips and Science’ Act to boost the semiconductor industry in the country amid competition from China. Meanwhile, China had lobbied against the semiconductor bill.
