Latest Antitrust regulation News

Insider Q&A: Pressing for fair play for US family farmers

Sep. 05, 2021 10:10 AM EDT

WASHINGTON (AP) — The consolidation of the agriculture industry, with dominance by a few major companies, has become a focus of Washington policymakers. It was a key theme of an executive order President Joe Biden issued this summer on competition in the U.S. economy. ...

Editorial Roundup: Wisconsin

Sep. 01, 2021 12:40 PM EDT

Eau Claire Leader-Telegram. August 30, 2021. Editorial: Plans needed to aid refugees While the final numbers probably won’t be released for a while, it’s clear that Wisconsin is playing a significant role in helping Afghan evacuees following the...

Chinese regulators to exercise more control over algorithms

Aug. 27, 2021 06:29 AM EDT

BEIJING (AP) — Chinese regulators will exercise greater control over the algorithms used by Chinese technology firms to personalize and recommend content, the latest move in a regulation spree across the internet sector. China’s internet watchdog, the Cyberspace...

New Chinese law tightens control over company data on users

Aug. 20, 2021 11:38 AM EDT

BEIJING (AP) — China is tightening control over information gathered by companies about the public under a law approved Friday by its ceremonial legislature, expanding the ruling Communist Party’s crackdown on internet industries. The law would impose some of the...

Govt sharpens antitrust attack against Facebook with filing

Aug. 19, 2021 18:39 PM EDT

WASHINGTON (AP) — Federal regulators have sharpened their antitrust attack against Facebook, alleging in a revised complaint Thursday that the social network giant pursued a laser-focused strategy to “buy or bury" rivals to suppress competition. It is the Federal...

Alibaba fires manager over suspected sexual assault

Aug. 09, 2021 08:22 AM EDT

HONG KONG (AP) — China’s largest e-commerce company, Alibaba, said Monday it fired a manager accused of sexual assault and pledged to strengthen its anti-sexual harassment policy, after a female employee accused the company of suppressing her report of the assault. ...

Data service sued for facilitating anti-competitive behavior

Aug. 07, 2021 01:06 AM EDT

In the mid-2000s, a poultry researcher approached James MacDonald, then a branch chief for the U.S. Department of Agriculture’s Economic Research Service, with some data. Its detail and depth shocked him. “My reaction was, ‘Jeez, is this legal?’” MacDonald said....

Asia stocks advance, tech giants rally after Fed report

Jul. 28, 2021 23:33 PM EDT

SINGAPORE (AP) — Asian stocks mostly rose Thursday after the Federal Reserve kept its accommodative monetary policies and signaled that economic recovery was on track. Chinese technology giants led the way, as authorities moved to soothe jitters over anti-monopoly and...

EXPLAINER: Risks underlie tumbling Chinese company shares

Jul. 28, 2021 06:22 AM EDT

BEIJING (AP) — Foreign shareholders in China’s tech companies are learning what its entrepreneurs have long known: The ruling Communist Party’s decisions about what is good for the economy can hurt your business. The stock prices of internet giants Tencent and...

White House lauds end to Aon-Willis deal in antitrust push

Jul. 27, 2021 14:36 PM EDT

The White house on Tuesday lauded the termination of a proposed $30 billion tie-up between Aon and Willis Towers Watson that would have created the largest insurance broker in the world. Last month, the Justice Department sued to block the all-stock deal, saying that it...