CCI Imposes Rs 213 Crore Penalty on Meta; Firm Plans to Appeal Decision

CCI Imposes Rs 213 Crore Penalty on Meta; Firm Plans to Appeal Decision

After the Competition Commission imposed a Rs 213-crore penalty on Meta in relation to WhatsApp privacy policy, the company said it disagrees with the watchdog’s decision and plans to appeal. The Competition Commission of India (CCI) on Monday asked WhatsApp to refrain from sharing user data with other applications, owned…

Competition Commission of India Finds Zomato, Swiggy Breached Antitrust Laws, Documents Show

Competition Commission of India Finds Zomato, Swiggy Breached Antitrust Laws, Documents Show

An investigation by India’s antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring select restaurants listed on their platforms, documents show. Zomato entered into “exclusivity contracts” with partners in return for lower commissions, while Swiggy guaranteed business growth to certain players…

EU Antitrust Regulators to Spell Out How Apple Must Open Up to Rivals to Abide by Digital Markets Act

EU Antitrust Regulators to Spell Out How Apple Must Open Up to Rivals to Abide by Digital Markets Act

EU antitrust regulators launched proceedings on Thursday to ensure that Apple complies with landmark rules requiring it to open up its closed ecosystem to rivals or risk a possible hefty fine. Under the so-called specification proceedings, the European Commission will spell out what Apple has to do to abide by…

Qualcomm’s Antitrust Fine Confirmed by EU Court With Minor Reduction

Qualcomm’s Antitrust Fine Confirmed by EU Court With Minor Reduction

Europe’s second-top court largely confirmed on Wednesday an EU antitrust fine imposed on U.S. chipmaker Qualcomm, revising it down slightly to 238.7 million euros ($265.5 million) from an initial 242 million euros. The European Commission imposed the fine in 2019, saying that Qualcomm sold its chipsets below cost between 2009…

EU Said to Be Unlikely to Issue Break-Up Order to Google for Now

EU Said to Be Unlikely to Issue Break-Up Order to Google for Now

EU antitrust officials are considering ordering Alphabet’s Google to end anti-competitive practices in its adtech business, but will not order a breakup as they had previously warned, people with direct knowledge of the matter said. European Union regulators are due to issue a decision with a hefty fine in the…

CCI Accuses Samsung, Xiaomi of Colluding With Amazon and Flipkart

CCI Accuses Samsung, Xiaomi of Colluding With Amazon and Flipkart

Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart’s Flipkart to exclusively launch products on the e-commerce firms’ Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters. Antitrust investigations conducted by the Competition Commission of India (CCI) have found that Amazon and Flipkart…

Competition Commission of India Antitrust Probe Finds Apple Abused Position in Apps Market

Competition Commission of India Antitrust Probe Finds Apple Abused Position in Apps Market

An investigation by India’s antitrust body has found that Apple exploited its dominant position in the market for app stores on its iOS operating system, engaging “in abusive conduct and practices”, a confidential report seen by Reuters showed. The Competition Commission of India (CCI) has been investigating Apple Inc since…

Apple Intelligence Features to Be Delayed in Europe, iPhone Maker Blames EU Tech Rules

Apple Intelligence Features to Be Delayed in Europe, iPhone Maker Blames EU Tech Rules

Apple will delay launching three new artificial intelligence features because landmark European Union tech rules require it to ensure that rival products and services can function with its devices, the U.S. tech group said on Friday. Apple underscored its AI push earlier this month with a slew of new features…