Topic: Digital markets

EU official seeks to quell concerns about DMA implementation

The European Commission will issue a new regulation governing the implementation of the Digital Markets Act “in good time” before the rules kick in this May, an official has said ahead of the agency’s new directorate launching next week.

11 January 2023

Big Tech pushes back on suggested Indian digital competition bill

An industry association that represents many of the world’s largest technology companies has slammed a proposal for a digital competition law in India as “prescriptive, absolutist and regressive in nature”.

10 January 2023

Korea to tighten scrutiny of digital economy

The Korean government has outlined a nine-step plan for improving competition in digital markets, including curbing abuses of dominance and the “reckless expansion” of large platforms.

06 January 2023

Indian tribunal rejects Google’s request to stay Android decision

India’s specialist competition tribunal has denied Google’s request to suspend the national antitrust enforcer’s decision to fine the company €152.8 million and impose behavioural remedies for abusing its dominance over the Android mobile ecosystem.

04 January 2023

FTC blinded by scepticism of Big Tech deals, Microsoft/Activision allege

The Federal Trade Commission has betrayed the underpinnings of antitrust law by pursuing an injunction against Microsoft’s $68.7 billion acquisition of video game developer Activision Blizzard, the merging companies have argued.

04 January 2023

Meta/Within survey critiques are a “smokescreen”, FTC says

Meta Platforms and Within Unlimited are attempting to overshadow the Federal Trade Commission’s well-supported evidence by attacking a survey from its hired economic expert, the agency has said.

04 January 2023

Tim Wu leaves the White House

Tim Wu has quit as the White House’s antitrust advisor to return to Columbia Law School.

04 January 2023

Hungary allows national enforcer to probe DMA compliance

The Hungarian Parliament has made several changes to the country's competition act, empowering the national antitrust authority to investigate if digital platform providers are complying with their obligations under the EU’s Digital Markets Act.

03 January 2023

Poland hits Allegro with €44 million self-preferencing fine

Poland’s competition enforcer has fined the country’s largest online shopping platform €43.9 million for abusing its dominance by favouring products sold on its own online store to the detriment of independent third-party sellers.

03 January 2023

How Big Tech could change the UK financial services sector

Big Tech is uniquely placed to introduce welcome competition to the financial services sector, disrupting incumbents and benefitting consumers across the financial ecosystem. Yet, linked to concerns about tipping effects in digital markets, regulators worry about the potential for these companies to rapidly scale up and potentially exploit market power. Linklaters partner Jonathan Ford and senior associate Simon Treacy explore the UK financial regulator’s initial thoughts on the convergence.

21 December 2022

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