Latest Antitrust regulation News

China tightens political control of internet giants

Oct. 03, 2021 06:20 AM EDT

BEIJING (AP) — The ruling Communist Party is tightening political control over China’s internet giants and tapping their wealth to pay for its ambitions to reduce reliance on U.S. and European technology. Anti-monopoly and data security crackdowns starting in late...

China's Ant Group to share credit data with central bank

Sep. 23, 2021 09:55 AM EDT

BEIJING (AP) — China’s central bank will soon have access to the private credit information of hundreds of millions of users of Ant Group’s online credit service, in a move signaling more regulatory oversight of the financial technology sector. Huabei, Ant...

Editorial Roundup: South Carolina

Sep. 22, 2021 13:44 PM EDT

The (Charleston) Post and Courier. Sept. 20, 2021. Editorial: SC on track for marriage of cheaper, greener electricity. We can’t back down South Carolinians got taken to the cleaners in the V.C. Summer nuclear debacle. Those of us who underwrote the...

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....