Tag: cma
Facebook’s use of ad data triggers antitrust probes in UK and EU
Facebook is facing a fresh pair of antitrust probes in Europe. The UK’s Competition and Markets Authority (CMA) and the EU’s Competition Commission both announced formal investigations into the social media giant’s operations today — with what’s likely to have been co-ordinated timing. The competition regulators will scrutinize how Facebook…
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UK gov’t triggers national security scrutiny of Nvidia-Arm deal
The UK government has intervened to trigger public interest scrutiny of chipmaker’s Nvidia’s planned to buy Arm Holdings. The secretary of state for digital issues, Oliver Dowden, said today that the government wants to ensure that any national security implications of the semiconductor deal are explored. Nvidia’s $40BN acquisition of…
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Apple’s App Store is now also under antitrust scrutiny in the UK
Apple is facing another antitrust investigation in Europe into how it operates the iOS App Store. The UK’s Competition and Markets Authority (CMA) announced today that it’s opened an investigation following a number of complaints from developers alleging unfair terms and as a result of its own work in the…
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Uber’s Autocab acquisition gets eyed by UK competition watchdog
Uber’s plan to acquire Autocab, a maker of SaaS for booking and dispatch software for the taxi and private hire vehicle industry which also operates a global trip marketplace for taxis and PHVs (iGo), is being looked at by the UK’s competition watchdog — which announced the launch of an…
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UK’s competition watchdog still eyeing Facebook’s Giphy buy
The UK’s competition regulator will make a decision on whether or not Facebook’s purchase of Giphy has a ‘realistic prospect’ of substantially lessening competition by March 25, it said today, as it continues to scrutinize the acquisition. “The Competition and Markets Authority (CMA) hereby gives notice pursuant to paragraph (b)…
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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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