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Competition Law

All articles tagged with #competition law

business22 days ago

Ryanair Fined €256M in Italy Over Abusive Sales Strategy

Ryanair was fined €256 million by Italy's competition authority for abusing its dominant market position by implementing strategies to hinder online travel agencies from selling its tickets, aiming to force sales through its own website, which the airline plans to appeal. The authority accused Ryanair of creating technical obstacles and restricting competition, while the airline argued that its direct sales model benefits consumers with lower fares. Despite the fine, Ryanair remains highly valuable and is planning a leadership transition.

via The Guardian|
#business#competition-law#fine
business4 months ago

FTC Warns Healthcare Employers on Non-Compete Clauses

FTC Chairman Ferguson has sent warning letters to healthcare employers and staffing firms urging them to review and ensure their noncompete agreements comply with the law, emphasizing the importance of preventing unreasonable restrictions that limit healthcare professionals' employment options and impact patient care, especially in rural areas.

via Federal Trade Commission (.gov)|
#business#competition-law#employment-agreements
technology1 year ago

Apple Sued for $3.8 Billion in UK Over iCloud Monopoly Claims

U.K. consumer rights group 'Which?' has filed a £3 billion ($3.8 billion) legal claim against Apple, alleging the company has violated competition laws by monopolizing the cloud storage market with its iCloud service. The lawsuit claims Apple unfairly locks users into iCloud by making it difficult to use alternative storage options and overcharges for its services. Apple denies these allegations, stating that users have choices and many use third-party storage. The case, funded by Litigation Capital Management, seeks compensation for affected users and aims to promote a more competitive market.

via TechCrunch|
#apple#competition-law#consumer-rights
business1 year ago

"EU Launches Wide-Ranging Probes into Tech Giants Alphabet, Apple, and Meta"

The European Union has launched investigations into Alphabet, Apple, and Meta for potential violations of the region's new competition law, signaling the bloc's commitment to enforcing the new rules. The inquiries focus on whether the companies are unfairly favoring their own app stores and services to exclude rivals, with potential fines of up to 10 percent of their global revenue. The companies had already made changes to comply with the law, but regulators deemed them insufficient, emphasizing the seriousness of compliance with the new regulations.

via The New York Times|
#alphabet#apple#business
businesstech1 year ago

"Turkey Takes Action Against Meta for Data Sharing Between Threads and Instagram"

Turkey's competition authority has imposed an interim measure on Meta Platforms Inc to hinder data sharing between Instagram and Threads as it investigates potential abuse of the company's dominant market position. The authority fined Meta 4.8 million lira daily in a separate investigation over a notification message about data sharing, stating that it did not provide sufficient information and was not transparent enough. The interim measure will remain in place until a final decision is made, as the data obtained and merged through the two apps could violate competition law and cause irreparable damage in the market.

via Reuters|
#businesstech#competition-law#instagram
business1 year ago

"EU Set to Impose $539M Fine on Apple for Alleged Competition Law Violations"

The European Union is reportedly preparing to fine Apple around $539 million for alleged breaches of EU competition law, with the fine expected to be announced early next month. The European Commission had accused Apple of distorting competition in the music streaming market through App Store rules that restrict developers from informing users of other purchasing options. Both the European Commission and Apple declined to comment on the Financial Times report.

via New York Post |
#app-store#apple#business
technology2 years ago

"Apple Asserts Operation of Five Distinct App Stores to EU"

Apple is preparing to allow third-party app stores to comply with Europe’s antitrust requirements, arguing that the App Store shouldn't be viewed as a single platform but as five different app stores for various Apple devices. The company is making these arguments in response to the European Union's scrutiny over its exclusive control of the sale of third-party iPhone apps, as regulators consider this a breach of competition law. Apple's plea to the European court includes the claim that it operates five App Stores on iPhones, iPads, Mac computers, Apple TVs, and Apple Watches, each designed for specific operating systems and devices.

via 9to5Mac|
#antitrust#app-store#apple
sports2 years ago

Court Rules UEFA and FIFA Breached EU Law in Super League Case

The European Court of Justice has ruled that UEFA and FIFA violated EU law by preventing the formation of a Super League, but the court did not explicitly approve the league. The ruling comes after sports development company A22 announced plans for a new competition that could rival UEFA's Champions League. While some clubs welcomed the ruling, major leagues and clubs expressed support for the existing structure. The court's decision stated that FIFA and UEFA abused their dominant position by forbidding clubs from joining the Super League, but it did not specifically address the approval of the project.

via Reuters|
#competition-law#european-court-of-justice#fifa
sports2 years ago

EU Court Declares UEFA and FIFA Super League Ban Illegal

The European Court of Justice has ruled that UEFA's ban on the Super League and its threatened punishments for participating clubs are illegal under European competition law. The court found that FIFA and UEFA's rules requiring new football competitions to be subject to their prior approval and banning players from taking part in those competitions were "unlawful" and restricted competition. The ruling does not mean that the Super League project must be approved, but it is a significant boost for the project, which seeks to replace UEFA's Champions League. UEFA argues that it has already updated its rules to address the court's concerns.

via ESPN|
#competition-law#european-court-of-justice#fifa
business2 years ago

FTC Chair Defends Decision to Side with Sony over Microsoft in Activision Blizzard Deal

The Federal Trade Commission (FTC) chair, Lina Khan, was questioned by the Committee on Energy and Commerce about Microsoft's proposed acquisition of Activision Blizzard. Khan was unable to speak directly about the deal but shared some high-level thoughts on the FTC's goal. The FTC claims Microsoft being allowed to buy Activision Blizzard could create a scenario in which Microsoft could "suppress" competition on console and cloud-gaming. An evidentiary hearing is slated for August 2, 2023.

via GameSpot|
#activision-blizzard#business#competition-law