Antitrust articles
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Japan is also targeting Apple for antitrust practices
After the European Commission forced Apple to open up iOS for third-party app stores in the EU, it seems like other countries are investigating Apple over antitrust and monopolistic practices. Most recently, news broke that Japan is looking to significantly increase fines for big corporations that engage in monopolistic practices. The current law in Japan suggests a penalty of 6% of sales, but policy makers are looking to increase that to 20%. A subsequent future failure to comply with the law...
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Google: DOJ 'Made Up Markets' as Excuse for Antitrust Suit
Google has accused the federal government of fabricating a market for its antitrust suit against the tech giant. Despite this, the Department of Justice (DOJ) has not shown that Google commands a 70% share of the online advertising market, the company said in a court filing asking a judge to summarily dismiss the suit. According to a Saturday […]
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Japan aims to strengthen antitrust laws against Apple and Google
According to a new report by Nikkei Asia, Japanese authorities are poised to toughen their antitrust regulations, posing a significant challenge to incumbents in the mobile market. The publication revealed that penalties aimed at curbing monopolistic practices will see a substantial increase, with fines more than tripled compared to currentRead Entire Article