Australia’s consumer watchdog is looking to introduce regulations to rein in anti-competitive behaviour from Apple, Google, Facebook, and other big tech companies. The Australian Competition and Consumer Commission (ACCC) Chairman Rod Sims told The Australian Financial Review that big tech companies could soon be banned from promoting their own apps, services, and payment platforms ahead…
Australian Watchdog Looking to Curb Big Tech Anti-Competitive Behaviour and Market Dominance
EU Antitrust Regulators to Investigate Facebook’s Kustomer Acquisition
BRUSSELS—EU antitrust regulators opened an in-depth investigation on Monday into Facebook’s acquisition of U.S. customer service startup Kustomer, concerned that the deal could hurt competition. The European Commission said it had concerns the proposed deal would reduce competition in the market for customer relationship management software. It also expressed concern that the acquisition would strengthen…
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