Category: scrutiny

New $2 Billion Canada Growth Fund Can Buy and Sell Shares Without Public Scrutiny: Federal Documents

December 22, 2022
budgetCanadaclimate changeGrowth FundsscrutinyWorld
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A new $2 billion growth fund created to advance Canada’s green transition will be allowed to buy, sell and swap shares in other companies without public scrutiny, says a regulatory notice issued by the federal Department of Finance on Dec. 21. The Canada Growth Fund (CGF) will be exempted from section 91 of the Financial…

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German Watchdog Puts Google Under Closer Antitrust Scrutiny

January 5, 2022
antitrustBusiness & EconomyCompaniesEuropeGermanGoogleInternationalMedia & Big TechscrutinyTechTech NewswatchdogWorld
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LONDON—Germany’s antitrust watchdog paved the way Wednesday for extra scrutiny of Google by designating it a company of “paramount significance,” the first to get that label since regulators got more power to curb abusive practices by big digital companies. The Bundeskartellamt said its decision comes after rules were introduced last year that allow it “to…

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Jack Ma Loses Title as China’s Richest Man After Coming Under Beijing’s Scrutiny

March 2, 2021
BeijingBusinessChinaChina Business & EconomyChinese RegimeCompaniesJack MaRichestscrutinytitle
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BEIJING—Alibaba and Ant Group founder Jack Ma has lost the title of China’s richest man, a list published on Tuesday showed, as his peers prospered while his empire was put under heavy scrutiny by Chinese regulators. Ma and his family had held the top spot for China’s richest in the Hurun Global Rich List in…

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