#competition

11:40pm, 17th June, 2020

Australian regulator says Google's $2.1 billion Fitbit deal could harm competition

Australia's antitrust regulator warned Google's planned $2.1 billion acquisition of fitness tracker maker Fitbit may give it too much of people's data, potentially hurting competition in health and online advertising markets.

Google, Fitbit deal may hamper competition: Australian regulator

9:34pm, 17th June, 2020

News

Google, Fitbit deal may hamper competition: Australian regulator

Australia's consumer watchdog said on Thursday it had concerns that Alphabet Inc-owned Google's planned $2.1 billion acquisition of fitness tracker company Fitbit may hinder competition in digital advertising and health markets.

Facebook's Giphy deal draws UK competition watchdog's attention

9:23am, 12th June, 2020

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Facebook's Giphy deal draws UK competition watchdog's attention

Facebook's acquisition of popular GIF website Giphy is being scrutinised by Britain's competition watchdog for possibly reducing competition in the United Kingdom.

Facebook fined by Canada competition watchdog after privacy probe

12:43pm, 19th May, 2020

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Facebook fined by Canada competition watchdog after privacy probe

Canada's competition watchdog said on Tuesday it had fined Facebook Inc C$9 million ($6.5 million) after an investigation found the social network made "misleading" claims about personal information of Canadians on Facebook and Messenger.

Uber must face lawsuit claiming it stifled competition, drove out rival Sidecar

11:02pm, 1st May, 2020

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Uber must face lawsuit claiming it stifled competition, drove out rival Sidecar

Uber Technologies Inc was ordered by a U.S. judge on Friday to face a lawsuit claiming its illegal predatory pricing and other anticompetitive practices stifled competition, and drove rival Sidecar Technologies Inc out of business.

Netflix forecast disappoints as streaming competition looms

5:18pm, 16th April, 2019

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Netflix forecast disappoints as streaming competition looms

Netflix Inc gave a weak forecast on Tuesday that unnerved investors just as Walt Disney Co and others prepare to escalate Hollywood's streaming video wars, although the company's quarterly results beat Wall Street targets.

Austria's competition authority launches probe into Amazon

4:36am, 14th February, 2019

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Austria's competition authority launches probe into Amazon

Austria's competition authority has initiated an investigation against Amazon on suspicion that it had violated Austrian and European antitrust law, it said on Thursday.

India's competition commission rejects price-fixing allegations against Uber and Ola

6:16am, 7th November, 2018

News

India's competition commission rejects price-fixing allegations against Uber and Ola

Ride-sharing firms Uber and Ola did not break price-fixing rules, the Competition Commission of India (CCI) said in a ruling issued late on Tuesday in response to a complaint about their technological pricing strategy.

Uber to appeal Singapore's competition watchdog decision on Grab deal

2:05am, 22nd October, 2018

News

Uber to appeal Singapore's competition watchdog decision on Grab deal

Uber Technologies Inc has decided to appeal a decision by the Singapore competition regulator that its merger with regional rival Grab violated the city-state's competition laws, the firm said on Monday.

Singapore competition watchdog fines Grab, Uber $9.5 million over merger

12:03am, 24th September, 2018

News

Singapore competition watchdog fines Grab, Uber $9.5 million over merger

Singapore's anti-trust watchdog fined ride-hailing firms Grab and Uber a combined S$13 million ($9.5 million) over their merger deal, and ordered Uber to sell vehicles from its local leasing business to any rival that makes a reasonable offer.