Topic: Digital markets

The Asia-Pacific Round-up (3 September 2021)

News in brief from the Asia-Pacific region… China’s competition watchdog continues to keep its homegrown technology companies over the fire, with Meituan and the broader sharing economy the latest target. Meanwhile, Epic Games and Apple have a trial date in Australia, although everyone will have to wait until late November 2022.

02 September 2021

Apple agrees to global App Store changes to close JFTC probe

Japan’s antitrust watchdog has closed an investigation into Apple after the iPhone maker agreed to permit applications like Spotify, Netflix and Hulu to include an in-app link to allow users to make payments through a developer’s website.

02 September 2021

Korea forces Google and Apple to allow third-party payment providers

Korea has passed highly-anticipated amendments to its telecommunications law, becoming the first country to prohibit Google and Apple from barring third-party payment providers in their application marketplaces.

01 September 2021

US braces for antitrust changes – should digital India worry?

On 9 July 2021, the Joe Biden administration in the US passed an “Executive Order on Promoting Competition in the American Economy” proposing sweeping changes aimed at causing a fundamental shift in US antitrust policy. Khaitan & Co partner Sagardeep Rathi and associates Soham Banerjee and Nilav Banerjee examined what the executive order could mean for India.

01 September 2021

Russia targets Apple’s anti-steering provisions

Apple has one month to remove allegedly anticompetitive clauses from contracts with application developers in Russia to avoid a full-scale investigation by the country’s antitrust enforcer.

31 August 2021

Booking.com hit with €15 million MFN fine in Russia

Russia’s Federal Antimonopoly Service has fined Booking.com €15 million for imposing most-favoured-nation clauses on hotels after the platform ignored two warning letters to remove restrictions.

27 August 2021

ACCC boss ignites debate on comprehensive merger control reform

The head of Australia’s competition watchdog has called for a major revamp of the country’s merger control regime, introducing mandatory filings and special rules for technology giants.

27 August 2021

Malaysian enforcer optimistic top court will reverse unfavourable rulings

The chief executive at Malaysia’s competition watchdog has said he hopes that the country’s top court will undo adverse findings in a pair of high-profile cases involving Grab and Malaysia Airlines and set good precedent for future enforcement.

26 August 2021

KFTC fines e-commerce platform for dictating supplier prices

Korea’s antitrust authority has hit Coupang – one of the country's major online marketplaces – with a fine of more than €2.4 million for ordering suppliers to increase their prices on rival platforms and other illegal conduct.

25 August 2021

Vestager: EU has no plans to probe Google for noncompliance

The European Commission does not currently intend to investigate Google for noncompliance with the agency’s Google Shopping or Google Android decisions, EU competition commissioner Margrethe Vestager has said.

24 August 2021

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