Spirit Airlines, the target of a budget airline bidding war, is postponing a Friday shareholder vote on whether to accept one of those buyout offers after a flurry of counter-proposals from Frontier Airlines and JetBlue. The decision to postpone a vote comes two days after JetBlue improved its offer. Spirit said Wednesday that has rescheduled…
Google Urges Court to Scrap $1.6 Billion EU Antitrust Fine
BRUSSELS—Alphabet unit Google on Monday urged Europe’s second-highest court to dismiss a 1.49-billion-euro ($1.6 billion) fine imposed by EU antitrust regulators three years ago for hindering rivals in online search advertising. The case is one of three that has resulted in a total of 8.25 billion euros in European Union antitrust fines on the world’s…
Deal on Rules Forcing Tech Giants to Police Content Possible in April, EU’s Vestager Says
BRUSSELS—A deal between EU countries and EU lawmakers that would require tech giants to do more to police content on their platforms could be agreed next month, EU antitrust chief Margrethe Vestager said on Monday. Vestager proposed the Digital Services Act, (DSA) which forces tech giants to do more to tackle illegal content or risk…
US Court Dismisses DC Antitrust Lawsuit Against Amazon
A U.S. court dismissed a lawsuit against Amazon.com Inc. on Friday that accused the company of antitrust violations for barring third-party sellers from offering better deals for their products elsewhere. Judge Hiram Puig-Lugo of the Superior Court of the District of Columbia granted Amazon’s motion to dismiss the complaint filed last year by Washington attorney…
Amazon Wins EU Antitrust Nod for $8.5 Billion MGM Deal
BRUSSELS—Amazon on Tuesday gained unconditional EU antitrust approval for its proposed $8.5 billion acquisition of U.S. movie studio MGM to help it to compete with streaming rivals Netflix and Disney+. The European Commission said the deal would not pose competition concerns in Europe, confirming a Reuters story on March 9. The EU competition enforcer said…
Lockheed Scraps $4.4 Billion Deal to Buy Aerojet Amid Regulatory Roadblocks
U.S. arms maker Lockheed Martin Corp called off plans on Sunday to acquire rocket engine maker Aerojet Rocketdyne Holdings Inc for $4.4 billion amid opposition from U.S. antitrust enforcers. The Federal Trade Commission sued to block the deal in late-January on the grounds that it would allow Lockheed to use its control of Aerojet to…
Apple Given Fourth Dutch Fine in App Store Dispute
February 14, 2022
admin
antitrustappappleBusiness & EconomyCompaniesEuropefineMedia & Big TechNetherlandsstoreTechTech NewsWorld
0 Comment
AMSTERDAM—The Dutch antitrust watchdog fined Apple 5 million euros ($5.7 million) on Monday, its fourth such fine for failing to allow software application makers in the Netherlands to use non-Apple payment methods for dating apps on the App Store. The Authority for Consumers and Markets (ACM) has been levying weekly fines of 5 million euros…
Kara Frederick: Big Tech Totalitarianism and America’s Emerging Social Credit System
February 12, 2022
admin
American Thought LeadersantitrustBig TechBig Tech CensorshipBig Tech, Censorship, and SocialismChinaEpochTVFacebookFeatured TopicsgofundmeGooglekara frederickTwitterUS
0 Comment
“It’s not just social media companies or your right to be on Twitter, your right to be on Facebook. It’s everything. Email delivery services, online fundraising platforms … It’s every aspect of your digital life,” says Heritage Foundation research fellow Kara Frederick. From Twitter to GoFundMe, digital platforms have shut down accounts, fundraisers, or online…
AT&T’s $43 Billion Plan to Merge WarnerMedia Unit With Discovery Is Given US Antitrust Clearance
February 10, 2022
admin
antitrustBusiness & EconomyCompaniesdiscoveryeconomyExecutive BranchMedia & Big TechPoliticsUSUS NewsWarnerMedia
0 Comment
The U.S. Department of Justice on Wednesday approved AT&T’s $43 billion plan to merge its WarnerMedia unit with Discovery, the companies announced on Wednesday in a Securities and Exchange Commission filing. According to the filing (pdf), which was first obtained by TheWrap, Discovery and AT&T have “satisfied the closing condition” in the merger plan, which was initially announced on May 17,…
Austrian Antitrust Court Gives Green Light to Facebook’s Giphy Deal
February 7, 2022
admin
antitrustAustriaBusiness & EconomyCompaniesEuropeFacebookGiphyMedia & Big TechmetaSocial MediaTechTech NewsUSUS NewsWorld
0 Comment
VIENNA—An antitrust court in Austria on Monday approved with conditions Facebook’s purchase of animated images platform Giphy, in a boost for the social media giant after a UK watchdog said the deal should be reversed. Facebook bought Giphy, a website for making and sharing GIFs, a type of animated image used often in social media…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta