Britain’s antitrust watchdog on Wednesday targeted Google and Apple for their “strategic” roles in mobile ecosystems, opening the door for regulators to impose changes to their business practices to improve competition. The Competition and Markets Authority escalated scrutiny of the two US tech companies by labeling them with “strategic market status.” It follows separate investigations…
Britain’s competition watchdog designated Google with “strategic market status,” marking the first use of its regulatory powers aimed at curbing Big Tech’s dominance in the United Kingdom. The Competition and Markets Authority found that Google controls over 90% of UK search traffic, granting regulators authority to impose targeted interventions on how the tech giant operates…
A Hong Kong cleaning company has been fined nearly HK$11 million (US$1.4 million) for colluding with a rival to fix prices on bids for Housing Authority contracts worth HK$180 million, the city’s competition watchdog has disclosed. Hong Kong Commercial Cleaning Services and Man Shun Hong Kong and Kln Cleaning Company, along with their three directors,…