Regulators around the globe are seeing the market power of consumer-facing tech companies and bringing cases against some of the industry’s biggest household names. They portray these legal fights as the conflicts of giants: the companies versus government regulators. Regulators have an essential mission to ensure companies play by the rules, preserving competition and giving…
Category: antitrust
antitrust, ChatGPT, Exclusive, Global IT News, Global Security News, Google, Government & Policy, openai, sam altman
ChatGPT’s head of product will testify in the US government’s case against Google
The U.S. government has picked Nick Turley, ChatGPT’s head of product, to testify in its antitrust case against Google. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, antitrust, CMA, competition, generative ai, Global IT News, Global Security News, Google, Government & Policy, regulation, Search
UK’s CMA slaps Google Search and its 90%+ market share with an antitrust investigation
The Competition and Markets Authority — the U.K.’s antitrust watchdog — is wasting no time in lodging its first official investigation of 2025 under its new rules that came into effect this month. It’s looking into the market dominance of Google in Search, including the new work it’s doing in AI search as well as…
acquisition, antitrust, Cloud, CMA, Competition and Markets Authority, Enterprise, FTC, Global IT News, Global Security News, HashiCorp, IBM, In Brief, investigation, Merger, Software, takeover, uk
UK antitrust watchdog launches review of IBM’s HashiCorp takeover
The Competition and Markets Authority, the U.K.’s antitrust watchdog, has opened an investigation into whether IBM’s planned acquisition of cloud software vendor HashiCorp would affect competition. The CMA said Monday it was inviting comment on the merger from interested parties by January 16. The regulator set a provisional February 25 deadline to decide whether to…
antitrust, Global IT News, Global Security News, Google, Government & Policy, US Department of Justice
Google pushes back against DOJ’s ‘interventionist’ remedies in antitrust case
Google has offered up its own proposal in a recent antitrust case that saw the US Department of Justice argue that Google must sell its Chrome browser. US District Court Judge Amit Mehta ruled in August that Google had acted illegally to maintain a monopoly in online search, with the DOJ then proposing a number…
antitrust, Global IT News, Global Security News, Government & Policy, Kakao, Kakao Mobility, Transportation
Kakao Mobility hit with $10.5M antitrust fine for limiting rivals’ access
South Korea’s antitrust watchdog has fined Kakao Mobility, the ride-hailing unit of Korean tech firm Kakao, $10.5 million (KRW 15.1 billion) for limiting competitors’ access to its taxi app — lowering the penalty from an initial fine of $50.3 million (KRW 72.4 billion) as the earlier sanction was based on an overestimated calculation of the…