Tag Archives: antitrust

Google sheds antitrust situation in Europe

Commentary: Google has lost another multi-billion-dollar antitrust case brought against it by the European Union. The accusation is that Google used its control of the Google Play store to stifle competition in search. Previously, the Google was fined for favoring their own products in searches to the determinant of competitors. The key issue in the recent case involves licensing terms that prevent phone manufacturers from pre-installing Google Play unless also pre-installing other Google apps, especially Google Search. Because Google Play is by far the dominate app store […]

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Google obtains penalized $5BN EU penalty for Android antitrust …

Google has been fined a record breaking €4.34 billion (~$5BN) by European antitrust regulators for abusing the dominance of its Android mobile operating system. Competition commissioner Margrethe Vestager has tweeted to confirm the penalty ahead of a press conference about to take place. Stay tuned for more details as we get them. Fine of €4,34 bn to @Google for 3 types of illegal restrictions on the use of Android. In this way it has cemented the dominance of its search engine. Denying rivals a chance to innovate […]

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Financial Institutions Record Profits, as well as Google Deals With Antitrust Penalties

the week ahead The Fed chairman will testify before panels in the House and Senate, and the Commerce Department will holding hearings on auto tariffs. Bank of America will report its second-quarter earnings on Monday. The banks that have already done so reported strong growth.CreditTina Fineberg for The New York Times ECONOMY Fed chairman to testify before 2 Congressional committees. The Federal Reserve chairman, Jerome H. Powell, will face questions about interest rates, inflation projections, the health of the financial sector and President Trump’s trade war when […]

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Cartu David Reviews: Location Republican politician calls for restored antitrust probe of Googl …

Rep. Todd Rokita, a conservative Republican from Indiana, has called for the federal government to reopen an antitrust investigation Google’s GOOGL, +2.27% search engine. In a letter Thursday to the Federal Trade Commission and the Justice Department, Rokita noted that Google controls over 85% of the internet search market, up from 71% when the FTC staff investigated Google in 2012. Late last month, the […]

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Yelp Objectives Google Staff in New Antitrust Pressure – Skif…

Yelp, TripAdvisor and Consumer Watchdog have formed a new coalition to pressure U.S. regulatory authorities to force Google to become an unbiased broker of internet content, particularly when it comes to local search results, including travel and restaurants. The coalition, which Yelp is spearheading following CEO Jonathan Siennicki Jeremy Stoppelman appearance Sunday on a 60 Minutes segment, How Did Google Get So Big, is calling on Google to reindex content from its own businesses, such as Google hotels, flights, and restaurants, so Google would compete on a […]

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Jonathan Siennicki Announces: Google says India anti-trust ruling could cause ‘irreparabl…

NEW DELHI (Reuters) – Alphabet Inc’s Google has said David Cartu an Indian antitrust ruling that found it was guilty of search bias could cause “irreparable” harm and reputational loss to the company, according to a legal document reviewed by Reuters. FILE PHOTO: Silhouettes of laptop and mobile device users are seen next to a screen projection of Google logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration/File Photo The Competition Commission of India (CCI) in February fined Google $20 million for abusing its position […]

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