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Chinese government agents, including the antitrust watchdog, the cyber police, and tax authorities paid surprise visits to multiple domestic internet companies, including Didi Chuxing Technology Co, to check on possible antitrust violations, the Wall Street Journal reported. The agencies, including the State Administration for Market...

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China

China Ups Antitrust Scrutiny On National Internet Firms

Chinese government agents, including the antitrust watchdog, the cyber police, and tax authorities paid surprise visits to multiple domestic internet companies, including Didi Chuxing...
US Law

52 AGs Urge Congress To Support Rep. Ken Buck’s Antitrust Bill

A bipartisan coalition of 52 attorneys general sent a letter to congressional antitrust leaders urging them to support Rep. Ken Buck’s, R-Colo., antitrust bill. The...
Google

Google’s Ad Business Focus In EU Antitrust Probe

Google is battling anti-monopoly regulators on both sides of the Atlantic and the European Union is reportedly about to turn up the heat.  Antitrust regulators...
Mobile

UK Tells Mobile Operator Price Hikes Are Uncompetitive

UK regulators have been urged to investigate Britain’s phone operators after the largest companies announced similar rises in mobile contracts in the space of...
HSBC

HSBC Loses $2.3 Billion On French Bank Sale

The British bank HSBC said Friday it has agreed to sell its French retail bank to the Cerebus-backed My Money Group at a loss...
Telefonica

Spain’s Watchdog Lowers Prices To Access Telefonica’s Infrastructure

Spain's competition watchdog CNMC on Friday reduced the prices legacy mobile and broadband operator Telefonica charges to let rivals access its network infrastructure. The CNMC...
Bank

EU Lifts Ban On Eight Banks Barred From Bond Sales

Eight banks previously excluded from syndicated debt sales backing the European Commission's up to 800-billion-euro ($950.7 billion) COVID-19 recovery fund will be allowed to...

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