The UK Competition and Markets Authority (CMA) is inviting comments on the anticipated acquisition of First Data Corporation by Fiserv, Inc. The invitation to comment closes on May 27, 2019. The regulator is considering whether it may be the case that this transaction if carried into effect, will result in the creation of a relevant […]
The Department of Justice has requested more information from First Data and Fiserv ahead of the pending merger of the two payment giants. Filings by Fiserv with the Securities and Exchange Commission (SEC) Monday, April 8, revealed that on April 4, the two firms each received a request for “additional information and documentary materials” in […]
According to a report by CNBC, the EU aims to announce whether Amazon’s data practices will be investigated further in the coming months, the institution’s competition chief said. In September, Margrethe Vestager, the head of competition policy in Europe, opened a preliminary probe into Amazon’s use of data on its third-party merchants. The idea was […]
The US Federal Trade Commission has ordered seven of the largest broadband providers in the US to open up on their privacy policies reported The Telecompaper. The regulator said it wants to know more about how the ISPs collect information about customers and their devices and share it with others, as more of the companies […]
Facebook is the subject of a criminal investigation by federal prosecutors over the data deals it inked with some of the biggest technology companies, reported The New York Times. Citing two people familiar with a request made by a grand jury in New York, the paper reported the grand jury has subpoenaed records from two […]
According to TechCrunch the European Union’s competition commissioner, Margrethe Vestager, has suggested that breaking up tech giants should be a measure of last resort, “To break up a company, to break up private property would be very far reaching and you would need to have a very strong case that it would produce better results […]
German government officials on Monday, January 7, called for a tightening of data security laws after a far-reaching breach exposed the documents of hundreds of politicians, including Chancellor Angela Merkel. The leader of the opposition Greens party said he had cancelled his Twitter and Facebook accounts following the data breach, one of the largest ever […]
According to a report from Nikkei, Japan’s antitrust regulator will craft rules for cross-sector partnerships in high-tech fields like automated driving and connected devices, seeking to prevent monopolies on big data and intellectual property. In planning conferences starting in December, the Japan Fair Trade Commission’s (JFTC) Competition Policy Research Center aims to clarify at what […]
December 2018 CPI EU News Column edited by Thibault Schrepel, Sam Sadden & Jan Roth (CPI) presents: Apple/Shazam: Data Is Power, But Not A Problem Here By Nicolo Zingales (Sussex Law School)1 Click here for a PDF version of the article Introduction Is there a significant impediment to effective competition where a major provider of […]
Politicians from around the world today said they are ‘deeply disappointed’ at Mark Zuckerberg and posted a picture of his empty chair on the internet when he refused to appear before them at the UK Houses of Parliament. The Facebook boss was ’empty chaired’ when he snubbed a special meeting of politicians from nine different […]