Eu Antitrust Fine
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Meta Fined EUR 798 Million by EU Over Abusing Classified Ads Dominance
The European Commission ordered Meta to stop tying its classified-ads service to Facebook’s sprawling social media platform, and refrain from imposing unfair trading conditions on rival second-hand goods platforms.
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Meta Fined $840 Million For "Abusive" Facebook Ad Practices
The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its Facebook social network automatic access to classified ads service Facebook Marketplace.
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Apple Said to Face Fine Under EU's Landmark Digital Markets Act
European Union's antitrust regulators may fine Apple in the coming days. The regulators charged in June that the iPhone maker had breached the bloc's tech rules. The charge against Apple was the first by the Commission under its Digital Markets Act (DMA).
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Qualcomm's Antitrust Fine Confirmed by EU Court With Minor Reduction
Europe's second-highest court upheld an antitrust fine against Qualcomm, reducing it marginally. The fine was levied by the European Commission in 2019, which accused Qualcomm of selling chipsets below cost from 2009 to 2011, to undermine British phone software company Icera.
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Google Wins Challenge Against Brussels' $1.66 Billion Antitrust Fine
The ruling will be a relief for Google after the EU's highest court last week upheld a 2017 fine worth 2.42 billion euros for abusing its dominance by favouring its own comparison shopping service.
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EU Said to Be Unlikely to Issue Break-Up Order to Google for Now
EU antitrust authorities are said to be contemplating an order for Alphabet's Google to halt anti-competitive practices in its adtech operations, but they will not order a breakup as previously suggested. Regulators are expected to announce a decision related to the investigation into Google's adtech practices in the upcoming months, accompanied by...
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Google Loses Fight Against $2.7 Billion EU Antitrust Fine
Google on Tuesday lost its fight against a 2.42 billion euro ($2.7 billion or roughly Rs. 22,673 crore) fine levied by EU antitrust regulators seven years ago. CJEU judges noted that EU law does not sanction the existence of a dominant position, but its abusive exploitation.
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Microsoft To Separate Teams And Office To Avoid EU Antitrust Fine
Microsoft will sell its chat and video app Teams separately from its Office product globally, the U.S. tech giant said on Monday, six months after it unbundled the two products in Europe in a bid to avert a possible EU antitrust fine.
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Google, Apple and Meta to Face First Digital Markets Act Probes in the EU
Google, Apple and Meta will be the first Big Tech firms to face antitrust probes from EU regulators, under the Digital Markets Act that recently went into effect. The new European law went into effect on March 7 and is designed to check the power of Big Tech firms, with big fines for firms that violate the act.
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Apple Hit With $2 Billion EU Antitrust Fine in Spotify Case, Will Appeal
Brussels on Monday fined Apple EUR 1.84 billion euros $2 billion for thwarting competition from music streaming rivals via restrictions on its App Store, the iPhone maker's first ever penalty for breaching EU rules.
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Apple Hit With Over $ 1.95 billion EU Antitrust Fine In Spotify Case
Apple was hit with an EU antitrust fine of over 1.8 billion euros ($1.95 billion) on Monday, its first ever, for preventing Spotify and other music streaming services from informing users of payment options outside its App Store.
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Microsoft to Unbundle Teams From Office Product to Avert EU Antitrust Fine
Microsoft will unbundle its chat and video app Teams from its Office product and make it easier for rival products to work with its software, the US company said on Thursday in a move aimed at staving off a possible EU antitrust fine. The proposed changes came a month after the European Commission launched an investigation into Microsoft's tying of...
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Meta Set to Contest EU Antitrust Charges at Friday Hearing to Avoid Hefty Fine
Facebook owner Meta will contest EU antitrust charges at a closed hearing on Friday in a bid to stave off a possible hefty fine after regulators charged it with tying its classified advertisements service to its social network, people familiar with the matter said.
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Microsoft Likely to Face EU Antitrust Investigation in Coming Months
Microsoft is likely to face an EU antitrust investigation in the coming months after remedy discussions with the EU watchdog to avert such a move appear to have hit a roadblock, people familiar with the matter said.
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Apple Seeks to Fend Off EU Antitrust Charge Based on Spotify's Complaint
Apple will on Friday seek to fend off a revised EU antitrust charge and possible hefty fine linked to claims it prevents music streaming companies such as Spotify from informing users of other buying options outside its App Store. The iPhone maker will set out its arguments to senior European Commission officials and their peers at national competi...
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Meta Fined EUR 798 Million by EU Over Abusing Classified Ads Dominance
The European Commission ordered Meta to stop tying its classified-ads service to Facebook’s sprawling social media platform, and refrain from imposing unfair trading conditions on rival second-hand goods platforms.
-
Meta Fined $840 Million For "Abusive" Facebook Ad Practices
The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its Facebook social network automatic access to classified ads service Facebook Marketplace.
-
Apple Said to Face Fine Under EU's Landmark Digital Markets Act
European Union's antitrust regulators may fine Apple in the coming days. The regulators charged in June that the iPhone maker had breached the bloc's tech rules. The charge against Apple was the first by the Commission under its Digital Markets Act (DMA).
-
Qualcomm's Antitrust Fine Confirmed by EU Court With Minor Reduction
Europe's second-highest court upheld an antitrust fine against Qualcomm, reducing it marginally. The fine was levied by the European Commission in 2019, which accused Qualcomm of selling chipsets below cost from 2009 to 2011, to undermine British phone software company Icera.
-
Google Wins Challenge Against Brussels' $1.66 Billion Antitrust Fine
The ruling will be a relief for Google after the EU's highest court last week upheld a 2017 fine worth 2.42 billion euros for abusing its dominance by favouring its own comparison shopping service.
-
EU Said to Be Unlikely to Issue Break-Up Order to Google for Now
EU antitrust authorities are said to be contemplating an order for Alphabet's Google to halt anti-competitive practices in its adtech operations, but they will not order a breakup as previously suggested. Regulators are expected to announce a decision related to the investigation into Google's adtech practices in the upcoming months, accompanied by...
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Google Loses Fight Against $2.7 Billion EU Antitrust Fine
Google on Tuesday lost its fight against a 2.42 billion euro ($2.7 billion or roughly Rs. 22,673 crore) fine levied by EU antitrust regulators seven years ago. CJEU judges noted that EU law does not sanction the existence of a dominant position, but its abusive exploitation.
-
Microsoft To Separate Teams And Office To Avoid EU Antitrust Fine
Microsoft will sell its chat and video app Teams separately from its Office product globally, the U.S. tech giant said on Monday, six months after it unbundled the two products in Europe in a bid to avert a possible EU antitrust fine.
-
Google, Apple and Meta to Face First Digital Markets Act Probes in the EU
Google, Apple and Meta will be the first Big Tech firms to face antitrust probes from EU regulators, under the Digital Markets Act that recently went into effect. The new European law went into effect on March 7 and is designed to check the power of Big Tech firms, with big fines for firms that violate the act.
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Apple Hit With $2 Billion EU Antitrust Fine in Spotify Case, Will Appeal
Brussels on Monday fined Apple EUR 1.84 billion euros $2 billion for thwarting competition from music streaming rivals via restrictions on its App Store, the iPhone maker's first ever penalty for breaching EU rules.
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Apple Hit With Over $ 1.95 billion EU Antitrust Fine In Spotify Case
Apple was hit with an EU antitrust fine of over 1.8 billion euros ($1.95 billion) on Monday, its first ever, for preventing Spotify and other music streaming services from informing users of payment options outside its App Store.
-
Microsoft to Unbundle Teams From Office Product to Avert EU Antitrust Fine
Microsoft will unbundle its chat and video app Teams from its Office product and make it easier for rival products to work with its software, the US company said on Thursday in a move aimed at staving off a possible EU antitrust fine. The proposed changes came a month after the European Commission launched an investigation into Microsoft's tying of...
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Meta Set to Contest EU Antitrust Charges at Friday Hearing to Avoid Hefty Fine
Facebook owner Meta will contest EU antitrust charges at a closed hearing on Friday in a bid to stave off a possible hefty fine after regulators charged it with tying its classified advertisements service to its social network, people familiar with the matter said.
-
Microsoft Likely to Face EU Antitrust Investigation in Coming Months
Microsoft is likely to face an EU antitrust investigation in the coming months after remedy discussions with the EU watchdog to avert such a move appear to have hit a roadblock, people familiar with the matter said.
-
Apple Seeks to Fend Off EU Antitrust Charge Based on Spotify's Complaint
Apple will on Friday seek to fend off a revised EU antitrust charge and possible hefty fine linked to claims it prevents music streaming companies such as Spotify from informing users of other buying options outside its App Store. The iPhone maker will set out its arguments to senior European Commission officials and their peers at national competi...
