Apple settles antitrust case in India over in-app payments issues

Apple is facing an antitrust challenge in India for allegedly abusing its dominant position in the app market by forcing developers to use its in-app purchasing system, according to a source and documents seen by Reuters. The allegations are similar to a case Apple faces in the European Union, where regulators last year launched an … Read more

Nvidia said to seek EU antitrust approval for a $54 billion armed deal

Nvidia is likely to seek EU antitrust approval for its $54 billion (about Rs. 3,97,240 crore) acquisition of British chip designer Arm early next month, with regulators expected to launch an investigation into large scale after preliminary review, people familiar with the matter said. The world’s largest maker of graphics and AI chips announced the … Read more

Amazon warns merchants about antitrust bills in Congress, says it could hurt their business

Amazon has warned some merchants who sell through its marketplace that the US Congress’ antitrust proposals could hurt their business, a company spokesman said. In June, the US House Judiciary Committee passed legislation that would make companies like Amazon decide between operating a platform and competing on it. The antitrust bills gained bipartisan support, posing … Read more

Facebook accused of buying and burying rivals by US FTC in renewed antitrust fight

The US Federal Trade Commission (FTC) updated its antitrust case against Facebook Inc on Thursday, adding more details about the charge that the social media company crushed or bought rivals and once again asked a judge to enforce the social media giant selling Instagram and WhatsApp. At 80 pages, the new complaint is significantly longer … Read more