The Age of Antitrust
Ndubuisi Ekekwe@nekekwe
#1 · November 11, 2020, 8:46 PM
Quote from Ndubuisi Ekekwe on November 11, 2020, 8:46 PMAmazon and Google are under high voltage searchlights, Fortune newsletter notes.
- The European Commission has charged Amazon with violating antitrust laws. The regulators, led by Europe's digital maven Margrethe Vestager, accuse the ecommerce behemoth of abusing its powerful, dual role as a merchant and marketplace operator. The company should not be allowed to hoover up non-public data from sellers so it can create low-cost, competitive products, the regulators say.
- In addition to its U.S. antitrust lawsuit, Google is facing down an investigation opened by a foreign monopoly-buster, the Competition Commission of India. The Indian watchdog is investigating the usual: Whether the Google Play Store, a.k.a. the Android app store, unfairly favors Google Pay, the company's payments app. Like Apple's App Store, Google skims 30% off in-app payments, a tax that developers despise.
Amazon and Google are under high voltage searchlights, Fortune newsletter notes.
- The European Commission has charged Amazon with violating antitrust laws. The regulators, led by Europe's digital maven Margrethe Vestager, accuse the ecommerce behemoth of abusing its powerful, dual role as a merchant and marketplace operator. The company should not be allowed to hoover up non-public data from sellers so it can create low-cost, competitive products, the regulators say.
- In addition to its U.S. antitrust lawsuit, Google is facing down an investigation opened by a foreign monopoly-buster, the Competition Commission of India. The Indian watchdog is investigating the usual: Whether the Google Play Store, a.k.a. the Android app store, unfairly favors Google Pay, the company's payments app. Like Apple's App Store, Google skims 30% off in-app payments, a tax that developers despise.
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