Category: monopoly

China court accepts ByteDance case filing against Tencent over alleged monopoly

ByteDance is bringing its battle with archrival Tencent to the court at a time when the Chinese government moves to curve the power of the country’s internet behemoths. The Beijing Intellectual Property Court has permitted a ByteDance lawsuit brought against Tencent to proceed, a ByteDance spokesperson confirmed with TechCrunch. Upstart…

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The UK is creating a new agency to regulate Big Tech

The UK plans to create a new agency to regulate large tech companies such as Google and Facebook. Starting in April 2021, the newly minted Digital Markets Unit (DMU), which will be a part of the country’s existing Competition and Markets Authority (C… Source

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UK’s competition regulator demands tougher action on Google and Facebook

The UK's Competition and Markets Authority (CMA) has called on the UK government to create “a new pro-competition regulatory regime” that can control Facebook, Google and other technology companies that are primarily funded by digital advertising. Th… Source

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