Google may have to fork over 572 million euros, or nearly $665 million, to two German companies for "market abuse," according to a recent ruling from a Berlin court. First reported by Reuters, the tech giant was ordered to pay approximately 465 million euros, or approximately $540 million, to Idealo and another 107 million euros, or roughly $124 million, to Producto, both of which are price comparison platforms based in Germany. According to the ruling, Google abused its dominant market position by favoring Google Shopping in its own search results.<br /> Idealo pursued legal action against Google, claiming that the Alphabet subsidiary was "self-preferencing" its own platforms, which led to unfair market advantages that hindered competitors. The company first dema [...]
Netflix's acquisition of Warner Bros. Discovery isn't quite a done deal yet. As first reported by The Wall Street Journal, the US Department of Justice has started its probe of Netflix' [...]
The Bundeskartellamt, or the Federal Cartel Office of Germany, has prohibited Amazon from continuing its practice of using mechanisms to control the prices charged by sellers on its platform in the co [...]
Google has agreed to pay a fine of $55 million AUD ($36 million USD) for anticompetitive practices, the Australian Competition and Consumer Commission (ACCC) announced. It stems from deals Google unde [...]
Last week a federal judge issued a scathing ruling over Apple’s handling of fees for in-app transactions. As promised, Apple has appealed the latest decision in the protracted lawsuit brought by Epi [...]
Under new Chancellor Friedrich Merz, Germany could impose a new 10 percent tax on major online platforms such as Google and Facebook. Reuters reported that political factions in the country struck a d [...]
Uber must pay a passenger who accused one of its drivers of rape $8.5 million, a federal jury in Phoenix has ordered. The jury found Uber liable for its driver’s misconduct, determining that the dri [...]