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antitrust

Google poised to emerge unscathed from European antitrust crackdown

BRUSSELS/SAN FRANCISCO: The European Union’s top antitrust regulator, Margrethe Vestager, has made it her mission to stem alleged anti-competitive abuses by big American tech companies, threatening as recently as last month to break up Alphabet’s Google. But a decision in the most important of three antitrust cases against Google - this one aimed at loosening its stranglehold over Android-powered smartphones - is likely to show just how difficult it is, even for a committed trust-buster like Vestager, to dent the power of…

EU fines chipmaker Qualcomm 1bn euros for Apple deal

PARIS: The EU on Wednesday hit US chipmaking giant Qualcomm with an antitrust fine of 997 million euros ($1.2 billion) for paying Apple to use its chips exclusively in iPhones and iPads. EU Competition Commissioner Margrethe Vestager said that by striking the agreement with Apple in 2011 that Qualcomm had "abused its market dominance" to unfairly shut out rival chipmakers such as Intel, denying choice to consumers. The fine is the latest blow struck by the EU against US tech giants and also a fresh hit for Qualcomm,…

India’s antitrust regulator fines BCCI $8 million

MUMBAI: India's cricket board was fined 522.4 million rupees (£6.05 million) by the country’s antitrust watchdog on Wednesday for misusing its dominant position and anti-competitive practices in awarding broadcast rights for the Indian Premier League. The Competition Commission of India (CCI) accused the Board of Control of Cricket in India (BCCI) in its order of anti-competitive conduct in assuring broadcasters that it would not sanction any other domestic T20 league. "We will legally understand it (the CCI order),…

EU fines Google record $2.7 billion in first antitrust case

BRUSSELS: EU antitrust regulators hit Alphabet unit Google with a record 2.42-billion-euro ($2.7 billion) fine on Tuesday, taking a tough line in the first of three investigations into the company's dominance in searches and smartphones. It is the biggest fine the EU has ever imposed on a single company in an antitrust case, exceeding a 1.06-billion-euro sanction handed down to U.S. chipmaker Intel in 2009. The European Commission said the world's most popular internet search engine has 90 days to stop favoring its own…

Google faces hefty EU fine in shopping case by August

BRUSSELS: EU antitrust regulators aim to slap a hefty fine on Alphabet unit Google over its shopping service before the summer break in August, two people familiar with the matter said, setting the stage for two other cases involving the U.S. company. The European Commission's decision will come after a seven-year investigation into the world's most popular internet search engine triggered by scores of complaints from both U.S. and European rivals. The EU competition authority accused Google in April 2015 of distorting…

Apple files $1 billion lawsuit against Qualcomm

Apple filed a $1 billion lawsuit against supplier Qualcomm on Friday, days after the U.S. government accused the chip maker of resorting to anticompetitive tactics to maintain a monopoly over key semiconductors in mobile phones. Qualcomm is a major supplier to both Apple and Samsung Electronics Co Ltd for "modem" chips that connect phones to wireless networks. The two companies together accounted for 40 percent of Qualcomm's $23.5 billion in revenue in its most recent fiscal year. In the lawsuit filed in U.S. District…

Google lawyer says Android helps rather than harms competition

BRUSSELS: Google's Android mobile operating system enhances competition rather than hurts it, the company's general counsel said on Thursday in a rebuttal of EU antitrust charges that it uses the platform to crush rivals. The comments by Google general counsel Kent Walker on a blog came a week after the U.S. technology group rejected another EU accusation of unfairly promoting its shopping service and blocking competitors in online search advertising.The Android case could potentially be the most damaging for Google.…

Microsoft seeks EU approval for LinkedIn buy

Microsoft sought EU antitrust approval on Friday for its $26 billion bid for social network LinkedIn, a spokesman said on Friday, kicking off a month-long review by regulators of its largest deal. "We filed today," company spokesman Robin Koch said. He said the European Commission has set a Nov. 22 deadline to examine the case. The EU competition authority can either clear the deal with or without concessions or it can open a lengthy investigation if it has serious concerns. U.S. software company Salesforce has criticized…