Amazon.com Inc. is planning to buy One Medical, a primary health care provider, in a takeover that would expand the e-commerce giant’s presence in the health care market. Both companies have entered a “definitive merger agreement” indicating that Amazon will acquire One Medical—comprising 1Life Healthcare Inc., the administrative arm of the company, and the affiliated health…
Amazon Bets $3.9 Billion on Merger With Health Care Company
July 22, 2022
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Google’s Anti-Competitive Practices Causing ‘Considerable Harm’ to Advertisers and Consumers: Publishers Council
February 12, 2022
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The European Publishers Council (EPC) has filed an antitrust complaint against tech giant Google with the European Commission, aimed at breaking the company’s hold over publishers and other entities that are part of its vast ad ecosystem. “It is high time for the European Commission to impose measures on Google that actually change, not just…
Amazon Closes SBA Program and Agrees to $2.25 Million Settlement Following AG Investigation
January 28, 2022
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Amazon agrees to pay a $2.25 million settlement and shut down its “Sold By Amazon” (SBA) sales program nationwide based on an investigation by the attorney general of Washington that found the company allegedly violated antitrust laws and engaged in price fixing. Attorney General (AG) Bob Ferguson announced on Wednesday that his office has filed…
MasterCard to Pay $43 Million for Breach of Anti-Competition Law
UK’s payment regulator has fined Mastercard, along with four other companies, for anti-competitive behavior in the prepaid cards market that could have resulted in higher prices paid by local authorities to distribute welfare payments among vulnerable members of society. On Tuesday, the Payment Systems Regulator (PSR) imposed fines totaling more than ($44.86 million) on the…
Federal Trade Commission Launching Inquiry Into Supply Disruptions at Major Retailers
November 30, 2021
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The FTC has voted to issue special orders directing nine large U.S. retailers and wholesalers to explain the reasons behind the ongoing supply chain crisis and how these disruptions are resulting in “serious and ongoing hardships for consumers” and harming competition in the economy. Under Section 6(b) of the Federal Trade Commission (FTC) Act—which gives…
Biden Asks FTC to Probe Energy Companies for Possible ‘Illegal Conduct’ as Gas Prices Soar
November 17, 2021
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President Joe Biden has called on the Federal Trade Commission (FTC) to probe possible anti-competitive or “illegal conduct” by oil and gas companies that may have pushed up prices at the pump, drawing a critical reaction from a major oil lobby that blamed the president’s policies for stifling American energy production. Biden said in a…
EU Tech Rules Should Curb Cloud Computing Providers, Study Says
BRUSSELS—Draft EU rules to curb the power of Amazon, Apple, Alphabet unit Google and Facebook should also tackle providers of cloud computing services for possible anti-competitive practices, a study said on Tuesday. The report comes amid concerns that some EU lawmakers who are reviewing the Digital Markets Act (DMA) proposed by EU antitrust chief Margrethe…
Google’s Browser Cookies Plan Anti-Competitive, Advertisers Tell EU
BRUSSELS—Google’s plan to block a popular web tracking tool called “cookies” is anti-competitive, a group of advertisers, publishers, and tech companies said in a complaint to EU antitrust regulators. The grievance could boost the European Commission’s investigation opened in June into Alphabet unit Google’s Privacy Sandbox which the company said could allow businesses to target…
China Probes Takeout Firm Meituan Over Antitrust Concerns
HONG KONG—China’s market regulator said Monday it has launched a probe into suspected monopolistic behavior by food delivery firm Meituan. The investigation comes amid increased scrutiny of internet companies suspected of anti-competitive practices. The State Administration for Market Regulation said in a statement that it was looking into Meituan’s policies, including exclusivity arrangements known as…
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