Google is expected to be hit with a second EU antitrust fine in mid-July for using its dominant Android mobile operating system to squeeze out rivals, three people familiar with the matter said. The European Commission, which has been investigating the case involving the unit of Alphabet since 2015, could issue its decision in the week of July 9, although the timing ... Read More »
Five of the world’s largest companies by market capitalization are tech companies. In the past 10 years, Apple, Google, Amazon, and Facebook have all joined Microsoft at the top of the list. Each of these companies dominates its primary market, and is gradually expanding its reach into secondary markets. Have they become too big? Are they full-fledged monopolies at this point? And ... Read More »
South Korea’s antitrust regulator said on Friday it is looking into whether Google has violated the country’s anticompetition laws, acknowledging formal scrutiny of the global internet search company for the first time. The Korea Fair Trade Commission (KFTC) disclosed the investigation in a brief statement, without commenting on the nature of the probe nor any potential antitrust violations. A person ... Read More »
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