Topic: Digital markets

Overlapping class actions present novel scenario for Portuguese regime

Two recently filed parallel opt-out class actions against Apple and Google that mirror a pair of lawsuits launched against the same companies earlier this year will force Portugal’s specialist competition court to decide for the first time how to handle overlapping claims.

29 July 2022

Portugal accuses SIBS of market foreclosure through tying

Portugal’s antitrust enforcer has accused the country’s largest interbank network of abusive tying, four years after first warning that the scheme could be hindering the development of the national fintech market.

29 July 2022

CAT president rules out combined judgments in UK sports data litigation

A UK judge has said he will hand down separate judgments in two overlapping cases before the Competition Appeal Tribunal and an English court that involve competition claims and counterclaims between sports data and betting companies.

28 July 2022

FTC sues to block Meta’s VR expansion

A divided Federal Trade Commission has sued to block Meta’s acquisition of Within Unlimited on grounds it would substantially harm competition for virtual reality fitness apps.

28 July 2022

Russia fines Google €32.6 million over “opaque” YouTube terms

Russia’s competition watchdog has fined Google €32.6 million for abusing its dominance in the market for video hosting services by using “opaque” terms and conditions to arbitrarily suspend and block YouTube accounts.

27 July 2022

Tickets available for GCR Live: Global Merger Control in Brussels

GCR Live: Global Merger Control is returning to Brussels in October, with panels discussing high-profile deals, novel theories of harm both within and outside the technology sector and the role of economics in merger assessment.

26 July 2022

Covington and Cooley steer Amazon’s healthcare expansion

Amazon has revealed plans to acquire primary care network One Medical for $3.9 billion, drawing concern from some competition advocates, lawmakers and patients.

22 July 2022

Russia readies antitrust fine against Apple for anti-steering provisions

Russia’s antitrust watchdog plans to hit Apple with a turnover-based fine after concluding that the company’s anti-steering clause in contracts with developers constitutes an abuse of dominance.

20 July 2022

Credit union challenges Apple Pay “monopoly”

Apple has illegally monopolised the market for “tap and pay” with the iOS mobile wallet, an Iowa-based credit union has alleged in a new purported class action.

19 July 2022

CAT certifies class action against Google

The UK’s Competition Appeal Tribunal has certified the country’s seventh opt-out collective action, allowing a claim for £920 million to proceed against Google for allegedly charging app makers “excessive and unfair” fees in order to reap “massive” profits.

18 July 2022

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