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...Apple responded by saying that “the changes we’re sharing for apps in the European Union give developers choice — with new options to distribute iOS apps and process payments”....
...“Anytime you’re talking about large players like this merging, one has to not just look at competitive effects, one also has to look at the impact on financial stability.”...
...Elsewhere on Friday… — The bulls have taken control (X, video here) — We’re still at risk for another ‘everything shortage’ (FreightWaves) — Extinction Rebellion quit ‘disruption’....
...This new generation of “trust busters” lament excessively lax antitrust policy in recent decades that they say has harmed competition across the US economy....
...Number one, it’s going to be a hell of an expensive antitrust case. Number two, you’re going to get very different outcomes depending on which product you’re looking at....
...Obviously, this flavour of defence is par for the course in antitrust, but we were curious whether Crevoiserat has been serving a similarly smol bean line to investors....
...The iPhone 15 starts at Rbs95,990 ($1,071) from re:store, Apple’s former authorised reseller in Russia, as opposed to $799 in the US....
...They are going to prison in quite large numbers now. They will carry on doing what they’re doing. They see themselves as martyrs,” he said....
...“If you’re interested in designing the future of how we interact, both with each other and with computers, this area is the place to do it because expectations will shift dramatically.”...
...Instead, we’re seeing the reverse. Big investors are not merely distancing themselves from clubs they recently joined....
...The CMA is already examining Microsoft’s $13bn investment in OpenAI, a deal that has also attracted attention from antitrust authorities in the US and Europe....
...“We’re disappointed that Amazon’s acquisition of iRobot could not proceed,” said David Zapolsky, Amazon’s senior vice-president, in a statement on Monday....
...Damien Geradin, an antitrust lawyer who has represented companies in probes against Apple and Google, said fines did not work as deterrents....
...PBMs face increasing pressure from the Federal Trade Commission, the US antitrust regulator, and bipartisan legislation in the works aimed at encouraging the uptake of biosimilars....
...protesters Greensill affair exposes opaque UK lobbying rules XR sees funding return as it tries to find its feet back on streets Rights in the UK Coronation day arrests prompt fears for UK civil liberties...
...After a weak year for dealmaking in 2023 partly due to tougher antitrust enforcement and high interest rates, recent months have seen a resurgence in megadeals as chief executives become more confident that...
...But over the last few months, antitrust authorities, competition regulators across the western world really — the EU, the UK and the US — they’re all starting to examine the relationship between the two...
...Ofcom has referred the $500bn cloud computing industry to the Competition and Markets Authority for an antitrust investigation, after the UK communications regulator found that Microsoft and Amazon dominated...
...But why are we interested in the FTSE? Katie MartinOf course, we’re interested in the FTSE....
...At the same time, Biden has scaled up his fundraising efforts among Democrats on Wall Street to pay for his re-election campaign against Trump, in which he has a substantial financial advantage....
...Additional reporting by Sujeet Indap in New York...
...But we’re now entering this new stage where they are looking to do M&A and be more exciting....
...We are fully committed to enforcing the laws that Congress has assigned us — and to ensure that we’re doing so effectively....
...They’re trying to latch that on to the kind of key school of thought that has underpinned antitrust law and the application of antitrust law in the US for the past few decades, which basically is the point...
...Adobe’s proposed $20bn merger with Figma would harm competition in product design software by uniting two of the main companies in the sector, the UK’s antitrust regulator has said in the latest challenge...
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