competition

UK’s CMA slaps Google Search and its 90%+ market share with an antitrust investigation

The Competition and Markets Authority — the U.K.’s antitrust watchdog — is wasting no time in lodging its first official investigation of 2025 under its new rules that came into effect this month. It’s looking into the market dominance of Google in Search, including the new work it’s doing in AI search as well as […]

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UK tribunal green-lights $2.7B Facebook collective action antitrust lawsuit

As Meta faces off with antitrust regulators in the U.S. and Europe, a £2.1 billion+ Facebook U.K. class action-style competition lawsuit, which takes Meta’s market dominance as a given, is moving ahead after the social media giant lost a bid to have the litigation thrown out. The suit is seeking damages worth a minimum of

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Meta slapped with a €798M fine in Europe over anticompetitive Marketplace practices

Meta, the parent of Facebook, Instagram and WhatsApp, has been hit with yet another huge regulatory fine in Europe, this time over abusive practices related to Facebook Marketplace. The European Commission announced that it would fine Meta €797.72 million — nearly $840 million — for breaching EU antitrust rules connected to how it ties its

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Chinese e-commerce marketplace Temu faces stricter EU rules as a ‘very large online platform’

Temu, the super low-cost e-commerce marketplace owned by Chinese online retailer Pinduoduo, is to face the European Union’s strictest rules after authorities designated the company a “very large online platform” (VLOP) under the Digital Services Act (DSA). The news comes some two weeks after European consumer protection groups filed coordinated complaints against Temu over an

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