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X @Bloomberg
Bloomberg· 2025-09-27 11:35
Turkey’s antitrust board slapped fines totaling 3.7 billion liras ($89 million) on poultry producers on grounds that they exchanged information that hurt competition https://t.co/VPtk8451Bj ...
Google Tells Supreme Court Changes to App Store Would Cause ‘Irreparable Harm'
PYMNTS.com· 2025-09-26 00:39
Core Viewpoint - Google is seeking to pause a lower court's ruling that mandates changes to its app store policies, claiming that these changes would cause "irreparable harm" to its Android ecosystem [1]. Group 1: Legal Context - The lower court's ruling, stemming from an antitrust case filed by Epic Games, requires Google Play store to eliminate restrictions that prevent developers from establishing their own marketplaces and billing systems [2]. - The order from the lower court is scheduled to take effect on October 22 [2]. - A jury found in December 2023 that Google holds a monopoly in the Android app distribution and payments market [4]. Group 2: Implications of the Ruling - The ruling would prohibit Google from paying developers for exclusive use of its app store, prevent it from stopping developers from informing consumers about direct app downloads, and require it to allow rival app stores access to its catalog [5]. - Google argued that the ruling would significantly harm user safety, limit choice, and undermine innovation within the Android ecosystem [7]. Group 3: Company Response - Google has sought to overturn the ruling but lost an appeal in July [5]. - The company contended that it was unfairly restricted from informing a jury about its competition with Apple's App Store and argued that the case should have been adjudicated by a judge instead of a jury [6].
Paramount Hires Former Trump DOJ Antitrust Head As Chief Legal Officer
Deadline· 2025-09-25 21:18
Core Insights - Paramount Skydance has appointed Makan Delrahim as the new Chief Legal Officer, effective October 6, overseeing legal, regulatory, compliance, and public policy matters [1] - Stephanie Kyoko McKinnon will continue as General Counsel and report to Delrahim [2] - Delrahim previously served as the head of the U.S. Department of Justice's antitrust unit and is known for his role in opposing the AT&T-Time Warner merger [3] Company Overview - Delrahim joins Paramount from Latham & Watkins LLP, where he was a partner and provided legal counsel during the Paramount merger process [4] - David Ellison, chairman and CEO of Paramount, expressed enthusiasm about Delrahim's appointment, highlighting his strategic mindset and experience in navigating complex challenges [5] - Delrahim emphasized the dynamic and transformative nature of the media industry, noting the convergence of business, technology, and culture [6]
PARAMOUNT APPOINTS MAKAN DELRAHIM AS CHIEF LEGAL OFFICER
Prnewswire· 2025-09-25 20:18
Core Insights - Paramount Skydance Corporation has appointed Makan Delrahim as Chief Legal Officer, effective October 6, 2025, to oversee legal, regulatory, compliance, and public policy matters [1][2][3] Group 1: Appointment and Role - Makan Delrahim will manage Paramount's Government Relations team and bring extensive experience from his previous role as Assistant Attorney General overseeing the U.S. Department of Justice's Antitrust Division [1][2][3] - Delrahim's background includes advising on high-profile transactions and complex litigation at Latham & Watkins LLP, where he provided legal counsel during the M&A process leading to Paramount's acquisition [2][4] Group 2: Leadership Perspective - David Ellison, Chairman and CEO of Paramount, expressed enthusiasm for Delrahim's appointment, highlighting his strategic mindset and experience in navigating complex challenges as vital for Paramount's future [3] - Delrahim emphasized the dynamic nature of the media industry and his commitment to contributing to Paramount's leadership team during this transformative period [3] Group 3: Delrahim's Background - Delrahim has a distinguished career in antitrust law, having overseen numerous mergers and acquisitions and led initiatives for international antitrust cooperation during his tenure at the DOJ [5][6] - His previous roles include senior positions in various governmental agencies, showcasing his extensive experience in law and policy [6][7] Group 4: Company Overview - Paramount, a Skydance Corporation, is a leading global media and entertainment company with segments in Filmed Entertainment, Direct-to-Consumer, and TV Media, housing renowned brands such as Paramount Pictures and CBS [8]
Amazon Will Pay $2.5 Billion In FTC Lawsuit —One Of The Largest Settlements In History
Benzinga· 2025-09-25 18:07
Amazon.com, Inc. (NASDAQ: AMZN) has agreed to a $2.5 billion settlement over accusations that it misled millions into joining its Prime subscription and then made canceling difficult. AMZN stock is moving. See all the details here. The deal, announced on Thursday, stemmed from a 2023 Federal Trade Commission lawsuit that challenged Amazon's treatment of shoppers and its self-proclaimed role as a consumer-focused company, according to The New York Times.Settlement DetailsThe agreement includes $1 billion in ...
SAP’s ERP support services raise antitrust concerns in EU
Yahoo Finance· 2025-09-25 15:13
Core Insights - SAP is under formal investigation by the European Commission regarding its maintenance and support services for ERP software, with concerns that these practices may restrict competition in the market [5][4] - The investigation highlights long-standing issues noted by tech executives, particularly regarding SAP's push towards subscription-based cloud products [3] Investigation Details - The European Commission is examining four specific practices by SAP that may hinder competition in the aftermarket for maintenance and support services [4] - The practices under scrutiny include: - Requiring customers to obtain maintenance and support services directly from SAP, limiting their ability to choose from various suppliers [6] - Preventing customers from terminating maintenance and support for unused software licenses, leading to unnecessary costs [6] - Regularly extending the duration of initial on-premises ERP licenses, complicating the cancellation of maintenance and support services [6] - Imposing reinstatement and back-maintenance fees on customers who resume services after a lapse [6] Company Response - SAP has stated that it does not expect the investigation to materially impact its financial performance and is cooperating with the European Commission to address the concerns raised [5]
EU opens antitrust probe into German software giant SAP
TechXplore· 2025-09-25 13:50
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Software giant SAP said it believed its actions were 'fully in line' with competition rules. The European Commission launched an antitrust probe into German software giant SAP Thursday over fears the company's practices may have distorted competition. SAP, which offers both traditional software and cloud-based computing servic ...
European Commission launches antitrust probe into software giant SAP
CNBC· 2025-09-25 10:58
The European Commission launched an antitrust probe into German software behemoth SAP on Thursday, citing concerns about the company's practices in software support services.According to the Commission, the investigation will assess "whether SAP may have distorted competition in the aftermarket for maintenance and support services related to an on-premises type of software, licensed by SAP, used for the management of companies' business operations."SAP, in a statement on Thursday, said it believed its polic ...
X @Bloomberg
Bloomberg· 2025-09-25 04:24
Apple has asked European Union antitrust watchdogs to scrap regulations intended to protect digital consumers https://t.co/D8qF4UDtLE ...
Despite Google's recent victory, a flurry of competition cases could still change how the tech giants do business
TechXplore· 2025-09-24 19:08
Core Viewpoint - A US judge recently ruled against breaking up Google, despite previous findings of its monopoly in the online search market, amidst ongoing antitrust investigations involving major tech companies in both the EU and the US [1][2]. Antitrust Investigations - There are over 45 ongoing antitrust investigations targeting major tech companies, including Google, Microsoft, Apple, Amazon, and Meta, primarily under the EU Digital Markets Act and US competition laws [1][2]. - Investigations focus on both longstanding competition legislation and newer issues that have arisen in recent years [3][4]. Google Specifics - In August, US Judge Amit Mehta decided against ordering a breakup of Google or forcing the sale of its Chrome browser, instead imposing other commitments on the company [5]. - The European Commission fined Google €2.95 billion in September 2025 for favoring its own advertising services over competitors [6]. Other Tech Companies - Microsoft, Apple, and Meta are also under investigation, with Microsoft facing scrutiny for tying its Teams software to its Office 365 suite, initiated by a complaint from Slack [10]. - Apple was fined €500 million for breaching the Digital Markets Act by restricting app developers from directing users to cheaper deals outside its app store [12]. - Meta was fined €200 million for its "pay-or-consent" advertising model, which was found to breach the Digital Markets Act [14]. Regulatory Implications - The European Commission can impose fines up to 10% of a company's total worldwide turnover for non-compliance, with potential increases for repeated infringements [15]. - Companies may need to alter their business practices significantly to avoid hefty fines and restrictions, impacting their profitability [8][9]. User Experience Changes - Users may experience changes in how they interact with services, such as reduced linking in Google Maps due to perceptions of dominance in the search market [17]. - The expectation is that big tech companies will face more constraints in their business models, particularly regarding market competition [18].