Articles for tag: Acquisition, AI competition, Antitrust, European Commission, NVIDIA, Run.ai, tech regulation

November 4, 2024

Nvidia’s $700 million acquisition of AI startup Run faces EU antitrust scrutiny, raising concerns over competition in the tech sector.

The European Commission has announced that Nvidia must seek antitrust approval for its planned acquisition of the Israeli AI startup Run. Concerns about potential competition issues have prompted regulators to investigate the deal, which was initially valued at around $700 million. Although the acquisition does not typically trigger mandatory EU review, it was referred to ...

September 23, 2024

Market News

Business

Xiaomi seeks to recall India’s antitrust report, claiming disclosure of sensitive data amid accusations of breaching competition laws.

Xiaomi has requested India’s antitrust body to retract its report, which indicated that Xiaomi and Walmart’s Flipkart violated competition laws. The company claims the report contains sensitive business information that should have been redacted. This request could postpone the ongoing antitrust investigation that started in 2021. Xiaomi’s main concern revolves around details regarding its smartphone ...

September 20, 2024

Market News

Business

In a dramatic courtroom showdown, Google executives defend their company against antitrust allegations of monopolizing online advertising.

The ongoing antitrust trial against Google has entered its final stages, with the Justice Department arguing that the tech giant maintains a monopoly in online advertising technology. The case revolves around Google’s control over the platforms used by publishers and advertisers, with accusations that this dominance allows Google to charge excessive fees. Key testimony came ...

September 14, 2024

Market News

Business

Regulatory reports expose Samsung and Xiaomi’s collusion with Amazon and Flipkart, breaching antitrust laws and harming competition in India.

Recent investigations by India’s Competition Commission have found that major smartphone brands like Samsung and Xiaomi colluded with Amazon and Flipkart to break antitrust laws. Reports indicate that these companies engaged in exclusive product launches and prioritized selected sellers, harming competition and local retailers. Both Amazon and Flipkart allegedly favored preferred sellers, offering them discounts ...

September 12, 2024

Market News

Business

Amazon and Flipkart face antitrust findings in India for preferential treatment of sellers, igniting a fierce competition debate.

An Indian antitrust investigation has concluded that Amazon and Flipkart violated local competition laws by favoring specific sellers on their platforms. The Competition Commission of India (CCI) initiated this probe in 2020, following complaints that these companies promoted select sellers over others. The findings revealed that preferred sellers appeared more prominently in search results, marginalizing ...

September 12, 2024

Market News

Business

In a dramatic antitrust trial, Google faces allegations of intent to monopolize advertising, showcasing internal ambitions to “crush” competitors.

In its ongoing antitrust trial, Google faces allegations from the U.S. Department of Justice that it aimed to dominate the online advertising Market. Evidence presented includes statements from David Rosenblatt, Google’s former president of display advertising, who suggested the company’s goal in 2009 was to “crush” competing networks. Google argues it deals with significant competition ...

September 9, 2024

Market News

Business

Google faces a dramatic antitrust lawsuit threatening its ad tech dominance, following a prior ruling declaring its search engine a monopoly.

One month after a judge ruled that Google’s search engine operates illegally as a monopoly, the tech giant is facing another antitrust lawsuit concerning its advertising technology. The U.S. Justice Department claims that Google maintains a monopoly by controlling both sides of the advertising transaction, which leads to higher fees for publishers and advertisers. As ...

September 4, 2024

Market News

Business

Google faces a dramatic antitrust trial as the DOJ challenges its advertising dominance, potentially leading to a corporate breakup.

Google is set to face a second antitrust trial as the U.S. Department of Justice challenges the company’s advertising practices, claiming they harm news publishers. This trial follows a prior victory for the Justice Department, which found that Google illegally monopolized online search. The upcoming case will focus on Google’s advertising technology that connects website ...

September 4, 2024

Market News

Business

Antitrust Storm: Nvidia Faces Subpoena Amid Market Dominance Investigations

The U.S. Department of Justice has intensified its investigation into Nvidia regarding possible antitrust violations. Following complaints from competitors about Nvidia’s Market dominance, the DOJ has issued subpoenas for further information. Reports suggest that officials are examining whether Nvidia is making it difficult for customers to switch to other chip suppliers and is penalizing those ...