Antitrust

South Korea’s antitrust regulator has slapped Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google a fine of $177 million, Bloomberg News reported on Tuesday. What Happened: The Korea Fair Trade Commission (KFTC) has fined the U.S.-based search engine giant over abusing its dominant...

Epic Games wants to bring back its “Fortnite” game on to Apple Inc’s (NASDAQ: AAPL) App Store after South Korea enacted a new law. What Happened: Epic Games, tweeting through the Fortnight Twitter account, said it has asked Apple “to restore our Fortnite...

Amazon.com, Inc (NASDAQ: AMZN) on Wednesday alleged that Elon Musk-led SpaceX and Tesla Inc (NASDAQ: TSLA) have made their views plain — “rules are for other people.” What Happened: Amazon subsidiary Kuiper Systems LLC’s Lead Counsel Andrew Keisner came down heavily on Musk...

Apple Inc (NASDAQ: AAPL) has taken small steps but not done enough to address the antitrust concerns amid rising global scrutiny, Senator Amy Klobuchar (D-Minn) told Bloomberg on Wednesday. What Happened: Unconvinced with Apple’s steps, the U.S. lawmakers are moving forward with...

After Apple Inc. (NASDAQ: AAPL) said it will allow app developers such as Netflix Inc. (NASDAQ: NFLX) and Spotify Technology S.A. (NYSE: SPOT) to process payments outside its App Store, Loup Ventures analyst Gene Munster waded into the debate on whether Apple users will continue to transact in...

Apple Inc (NASDAQ: AAPL) said Wednesday it would allow the likes of Spotify Technology S.A. (NYSE: SPOT), and Netflix Inc (NASDAQ: NFLX) to process payments outside its App Store, in effect, foregoing its cut. What Happened: The Tim Cook-led company will now allow music, video, and other media apps...

Apple Inc (NASDAQ: AAPL) and Alphabet Inc Class A (NASDAQ: GOOGL) (NASDAQ: GOOG) will get hit by a new law that effectively bans tech-giants from charging hefty commissions on in-app purchases in South Korea, according to The Wall Street Journal. What Happened: In a first such move by a key economy...

Apple Inc (NASDAQ: AAPL) said Thursday it would allow developers to inform users of purchase options outside of its ecosystem, a rare move from the tech giant as it faces legal and regulatory scrutiny over alleged anti-competitive behavior. The Key Changes: The Cupertino, California-based Apple...

A soon-to-be discontinued popular keyboard app for blind and low-vision people on Apple Inc’s (NASDAQ: AAPL) iPhone platform said it faced “obstacle after obstacle” for years. What Happened: FlickType keyboard announced on Twitter Monday that it was discontinuing the iPhone...

Apple Inc. (NASDAQ: AAPL) is facing an internal backlash over its plan to scan iPhones in the U.S. for child sexual abuse images, Reuters reported Wednesday. What Happened: Apple employees have sent more than 800 messages on an Apple internal Slack channel, expressing their worries that the feature...

Apple Inc (NASDAQ: AAPL) told the developer of an application that allows users to emulate the retro Disk Operating System, or DOS, that their app would be removed from the tech giant’s marketplace for allegedly breaking guidelines. What Happened: Chaoji Li — the developer of the...

Alibaba Group Holding (NYSE: BABA)’s position in e-commerce and cloud markets after it paid up a record $2.8 billion antitrust fine is better-than-feared, according to KeyBanc Capital Markets. The Alibaba Analyst: KeyBanc analyst Hans Chung maintained the “Overweight” rating on...

Chinese e-commerce giant Alibaba Group Holding (NYSE: BABA) is set to make its first big investment since paying a record antitrust fine as part of a crackdown on the Jack Ma-led company, Bloomberg News reported on Thursday. What Happened: The U.S. listed e-commerce company has teamed up with the...

The E.U. antitrust regulators are set to open an investigation into Alphabet Inc's (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google's digital advertising practices, Reuters reported.   The regulators are expected to open the investigation by the end of 2021....

Tech giants Apple Inc (NASDAQ: AAPL) and Google-parent Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) will face an antitrust investigation in Japan, Bloomberg News reported on Sunday — citing the Nikkei newspaper. What Happened: The antitrust panel of officials, bureaucrats and external...