EU: EC rumored ready to fine AB InBev for abuse of dominance

EU: EC rumored ready to fine AB InBev for abuse of dominance

According to Reuters’ sources, Anheuser-Busch InBev is set to receive a fine from the European Commission for preventing cheaper beer imports into Belgium. In 2017, the EC claimed that AB InBev was abusing its market dominance and blocking the brands Jupiler and Leffe from entering Belgium more cheaply from France or the Netherlands. With its […]

UK: Gov to EU payments without Brexit deal

UK: Gov to EU payments without Brexit deal

Britain could potentially withhold some payments to the European Union if a deal to help the country leave the bloc doesn’t happen before next year. As part of a Brexit transition deal, Britain is set to pay the EU between €35 and €39 billion (US$41-US$46 billion) over the coming decades. The country is due to […]

Google earned its dominance on merit, not by abusing antitrust law

Posted by Market Watch Google earned its dominance on merit, not by abusing antitrust law By Pascal Salin  The European Union’s regulatory bodies seem to be particularly hostile to Alphabet GOOG, +0.54% . In June 2017, the European Commission fined the company €2.42 billion ($2.75 billion) for breaching EU antitrust rules, after concluding that, “Google […]

US: AG uses EU case for US antitrust case against Google

US: AG uses EU case for US antitrust case against Google

The investigation into Google by Missouri State Attorney General Josh Hawley just got another layer. Hawley announced on July 25 that his office served a new subpoena on the tech giant to continue the investigation into the company’s business practices. This new subpoena relates to allegations that the company took improper steps to enhance its […]

EU: Google attempted to settle the Android antitrust case in 2017

EU: Google attempted to settle the Android antitrust case in 2017

The European Union hit Google with a second large fine. The new US$5 billion penalty is almost double the US$2.8 billion punishment Google received last year. This time around it wasn’t for antitrust practices related to search as was the case in 2017. Android was at the center of this antitrust investigation, reported Bloomberg. Not only […]

EU: Google to appeal antitrust ruling

EU: Google to appeal antitrust ruling

Google said Thursday it will appeal the astronomical US$5 billion fine levied against it by the European Union for violating antitrust laws with its Android system. The company also angrily accused the EU of attacking its open source business model. The Android operates on a free, open platform for smartphones, so critics said the decision […]

EU: Competition chief holds threat of breaking up Google

EU: Competition chief holds threat of breaking up Google

The EU’s antitrust head Margrethe Vestager won’t rule out breaking up Google, saying the EU has “grave suspicions” about its dominance in Internet search. Reuters, citing comments Vestager made to the UK’s Telegraph, reported Vestager said the ability to break Google up has to remain a real threat. The comments come as Google faces new […]

EU: Visa fights antitrust charges

EU: Visa fights antitrust charges

Visa is fighting back against accusations that it charges tourists excessive fees when they use their cards in the European Union. According to Reuters, Visa will present its case against the antitrust charges in front of senior European Commission officials and national competition officials at a two-day closed hearing. If the company loses the case, […]

EU: UPS sues EC over decision to block TNT acquisition

EU: UPS sues EC over decision to block TNT acquisition

US delivery giant UPS has launched court action against the European Union’s antitrust regulator for blocking a merger with Dutch firm TNT and is seeking €1.742 billion,  US$2.14 billion in compensation, reported the New York Times. The EU’s official journal noted Monday, February 26, that UPS also wants the regulator, the European Commission, to pay […]

EU: Lufthansa’s offers over Air Berlin land short of runway

EU: Lufthansa’s offers over Air Berlin land short of runway

Deutsche Lufthansa has to do more to allay European Union concerns about its takeover of most of Air Berlin after offering concessions that won’t fully appease regulators, according to two people familiar with the process. Lufthansa would need to improve upon its offer to cede landing rights of Air Berlin’s Niki arm in order to […]

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