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Antitrust Regulations

All articles tagged with #antitrust regulations

businesstech1 year ago

"EU Grants Apple and Microsoft Exemptions for iMessage and Bing from Tough Competition Rules"

Apple and Microsoft have successfully secured exemptions for their iMessage and Bing search engine from the new EU Digital Markets Act, which aims to regulate tech giants and prevent them from favoring their own services over rivals. The European Commission found that iMessage, Bing, Edge, and Microsoft Advertising did not qualify as gatekeeper services, while Apple's App Store, iOS operating system, and Safari browser, as well as Microsoft's Linkedin social network and Windows operating system, will continue to be classified as gatekeepers. The decision has sparked disagreement, with some arguing that it undermines the objectives of the DMA, while others see it as a sign of the Commission considering market realities and avoiding over-regulation.

via Reuters|
#antitrust-regulations#apple#businesstech
technology2 years ago

"Apple Prepares to Split App Store for iPhone Sideloading Compliance"

Apple plans to split the App Store in two to comply with EU antitrust regulations, allowing app sideloading and third-party payment systems on the iPhone. The company has approximately 7 weeks to implement these changes. This move comes after Apple CEO Tim Cook met with the EU antitrust chief to discuss the impending obligation. The changes will also affect FaceTime and Siri in Europe. While concerns about user data and security persist, this shift could potentially pave the way for apps like Fortnite to return to the App Store.

via Wccftech|
#antitrust-regulations#app-store#apple
business2 years ago

"Justice Department Skepticism: Impact of Alaska-Hawaiian Merger on Customers Revealed"

Alaska Air Group's $1.9 billion cash and debt acquisition of Hawaiian Airlines is expected to face scrutiny from the Justice Department, which has been skeptical of airline deals it deems anticompetitive. The Justice Department previously sued to block JetBlue's acquisition of Spirit Airlines, arguing that it would harm consumers through higher fares. The Alaska-Hawaiian deal differs in approach, with Alaska planning to keep separate brands, but experts still anticipate regulatory challenges. Alaska and Hawaiian executives defend the deal, citing little overlap and the ability to expand their networks. The deal is expected to take 12 to 18 months to close, potentially extending into a new administration.

via CNBC|
#airline-merger#alaska-airlines#antitrust-regulations
business2 years ago

"Government Regulation Urged for Disney, Amazon, and Netflix as Media 'Gatekeepers'"

The Writers Guild of America (WGA) has labeled Netflix, Amazon, and Disney as the "new gatekeepers" of the media industry, urging antitrust regulators to prevent further consolidation in the streaming market. The WGA argues that these companies' collective market power has led to lower wages for writers and limited viewer choice. They also claim that the companies have shown a willingness to harm competitors and that further consolidation would result in fewer writers being able to make a living. The report comes amidst the ongoing WGA strike, with negotiations between the guild and the Alliance of Motion Picture and Television Producers at a standstill. The WGA has previously criticized media mergers for failing to address antitrust concerns.

via Variety|
#amazon#antitrust-regulations#business
healthcare2 years ago

"The Outrageous Cost of Healthcare: Unveiling the Impact of Hospital Mergers"

Hospital mergers and consolidation in the healthcare industry have led to decreased patient choice, hindered innovation, eroded quality, and raised prices. The Biden administration has taken steps to address this issue by ordering the Federal Trade Commission (FTC) to be more aggressive in reviewing and potentially blocking hospital mergers. However, the FTC faces challenges in proving the anticompetitive effects of these mergers and lacks the resources to effectively address the problem. State legislatures have also passed laws to shield hospitals from antitrust action, further hindering efforts to curb consolidation. Some economists suggest that price regulation may be necessary to restore competition in the healthcare market.

via The New York Times|
#antitrust-regulations#healthcare#healthcare-consolidation