England’s antitrust regulator is launching new investigations, buoyed by additional legal authority over tech giants. The Competition and Markets Authority (CMA) announced these plans Tuesday (Jan. 7), saying it was taking advantage of the new “digital markets competition regime” which came into force on Jan. 1 of this year. The new regime lets the CMA designate companies with “strategic market...
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CMA Investigates Alphabet-Anthropic Deal Over Competition Risks
The U.K.’s Competition and Markets Authority has launched an investigation into the partnership between Google’s parent company Alphabet and artificial intelligence firm Anthropic. Google agreed to invest up to $2 billion in Anthropic last year and also received a 10% stake in return for a $300 million injection from late 2022. The AI safety and...
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UK’s CMA Says Google’s Ad Tech Practices May Violate Competition Law | PYMNTS.com
The United Kingdom’s Competition and Markets Authority (CMA) said Friday (Sept. 6) that it has found that Google may have harmed competition by using its dominance in online display advertising to favor its own ad technology services. The regulator added that it will accept comments on this “statement of objections” before deciding whether the company has...
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UK antitrust regulator says Google abusing pole position in advertising tech | Mint
The United Kingdom’s antitrust regulator, the Competition and Markets Authority, said Google is abusing its dominant position in advertising technology and warned the tech giant of potential hefty fines and an order to change one of Google’s most lucrative businesses, reported Bloomberg on Friday. Google’s move to prioritise its own services comes at the cost...
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UK Regulator Closes Probe Into Apple and Google App Stores, Citing Shifting Priorities
LONDON — The U.K. competition regulator has closed its investigations into Apple’s App store and Google’s Play Store on the grounds of shifting “administrative priorities” as it prepares to rollout stronger enforcement powers over tech companies. The Competition and Markets Authority (CMA) opened an investigation into Apple in 2021 following complaints from developers over the...
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UK Competition Watchdog Accepts Meta’s Proposed Changes to Ad Data Use
Meta’s new approach to handling advertiser data has been approved by the U.K. Competition and Markets Authority. This comes ahead of the rollout of a new digital markets competition regime, which will grant it more power to quash the monopolistic behaviours of big tech companies. As well as approving Meta’s commitments, the CMA has also...
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Google Fights $17 Billion UK Lawsuit Over Ad-Tech Practices
Google parent Alphabet has urged a London tribunal to block a mass lawsuit which accuses it of abusing its dominance in the online advertising market, in the latest case to focus on the search giant’s business practices. The lawsuit seeks damages of up to 13.6 billion pounds ($16.9 billion) on behalf of publishers of websites...
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Google to invest $1 billion in United Kingdom data centre – ETCIO SEA
Google today announced it has started building a new data centre in Waltham Cross, Hertfordshire. The data centre will be located on a 33-acre site that Google purchased in October 2020 and, once complete, will help ensure reliable digital services to Google Cloud customers and Google users in the UK. The new data centre represents...