Tech Giants Face New Antitrust Investigation in Europe Tech Giants Face New Antitrust Investigation in Europe European regulators have officially launched a new antitrust investigation into several major technology companies, including Google, Amazon, and Apple. The investigation arises from mounting concerns related to anti-competitive practices that may stifle competition within the digital market. This feature…
Amazon Faces Antitrust Lawsuit Over Market Monopoly Claims Amazon Faces Antitrust Lawsuit Over Market Monopoly Claims In a significant challenge to its business practices, Amazon is facing an antitrust lawsuit filed by a coalition of state attorneys general. The lawsuit alleges that Amazon engages in monopolistic behavior in the e-commerce market, undermining competition and harming…
G20 Nations Agree on Global Digital Tax Framework for Tech Giants G20 Nations Agree on Global Digital Tax Framework for Tech Giants In a significant turn of events, the G20 countries have reached a historic agreement on a global digital tax framework aimed at taxing large technology companies. This framework is designed to address the…
EU Proposes New Digital Tax Targeting Tech Giants EU Proposes New Digital Tax Targeting Tech Giants On October 12, 2023, the European Union (EU) introduced a proposal for a new digital tax aimed at major technology companies operating within and outside the region. The move comes amid growing concerns over the disparity in tax contributions…
Tech Giants Face New European Union Regulations on Data Privacy Tech Giants Face New European Union Regulations on Data Privacy The European Union (EU) has enacted a set of robust regulations aimed at reinforcing data privacy controls on major technology companies. This legislative move, enacted in response to growing concerns over data breaches and misuse,…
Microsoft Cleared by UK Watchdog in AI Hiring Case Amid Industry Growth Microsoft Cleared by UK Watchdog in AI Hiring Case Amid Industry Growth The UK’s Competition and Markets Authority (CMA) has decided to clear Microsoft Corporation in a case concerning its hiring practices for artificial intelligence (AI) experts. This comes as the tech giant…
Google Faces Legal Challenges Over Alleged Anti-Competitive Practices Google Faces Legal Challenges Over Alleged Anti-Competitive Practices Google LLC is currently embroiled in a series of legal challenges concerning allegations of anti-competitive practices, with lawsuits emerging in multiple jurisdictions including the United States, the European Union (EU), and Australia. These cases, initiated by regulators and private…
