The European Commission has issued a Statement of Objections to Orange and MasMovil, expressing preliminary concerns about their proposed joint venture in Spain. The Commission believes that the merger may lead to a reduction in competition in the retail supply of mobile and fixed internet services, as well as multiple-play bundles. Orange and MasMovil are […]
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The U.S. Federal Trade Commission (FTC) and the Antitrust Division of the Department of Justice (DOJ) have recently unveiled a Notice of Proposed Rulemaking aimed at revising the Hart-Scott-Rodino (HSR) Premerger Notification Form and associated instructions. The proposed changes seek to modernize the information collection process and increase the effectiveness and efficiency of the merger […]
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The Federal Trade Commission (FTC) has taken a significant step in its efforts to regulate and scrutinize the practices of tech giant Amazon. In a groundbreaking move, the FTC has filed a lawsuit against Amazon, accusing the company of engaging in deceptive tactics to enroll consumers in its Prime service without their consent and making […]
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Adobe’s proposed $20 billion acquisition of cloud-based design platform Figma is facing significant challenges as European Union (EU) antitrust regulators prepare to launch a formal investigation. The move comes amid concerns over potential market consolidation, reduced innovation, and higher prices. EU Antitrust Probe: A Lengthy Investigation According to individuals familiar with the matter, European antitrust […]
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NVIDIA is the first company in the semiconductor sector to reach a valuation of $1 trillion. While the company owes its success partly to the promising prospects of generative AI, the Microsoft-Activision deal may help the company growing in the gaming sector. Although NVIDIA’s gaming revenue for fiscal year 2023 experienced a decline of 27% […]
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Intel’s latest announcement to invest $4.6 billion in a new semiconductor assembly and test facility near Wrocław, Poland marks a significant milestone in the company’s expansion strategy. The decision comes as part of Intel’s broader plan to invest billions of dollars in Europe to bolster chip capacity and reduce reliance on U.S. and Asian suppliers. […]
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Broadcom, a prominent U.S. chipmaker, is poised to receive conditional approval from the European Commission for its proposed $61 billion acquisition of cloud computing firm VMware, according to Reuters. However, this clearance is contingent upon Broadcom addressing concerns related to competition and interoperability with its rivals. While the EU’s decision is scheduled for July 17, […]
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The proposed acquisition of Thales’ Ground Transportation (GTS) business by Hitachi, valued at 1.7 billion euros, has raised concerns about the potential negative consequences for digitalisation, cost, and service quality in the UK’s rail industry. The UK’s Competition and Markets Authority (CMA) conducted an investigation and provisionally concluded that the merger could lead to a […]
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EU regulators are reportedly considering an order that would require Alphabet Inc’s Google to sell a portion of its advertising-technology business, as concerns over the tech giant’s dominance in digital ads persist. The European Commission, the EU’s primary antitrust authority, is expected to issue a statement of objections against Google in the coming days, according […]
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The European Commission has announced its approval of French media group Vivendi’s complete acquisition of Lagardère, a French publishing and retail conglomerate, subject to certain conditions. The clearance is contingent on Vivendi divesting its Editis publishing business, which competes with Lagardère’s Hachette unit, and its Gala celebrity magazine, which rivals Lagardère’s Paris Match. These conditions […]
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