Competition – The European Union Times ⚡ Shocking Hidden News Reports ⚡

Truth Social Barred from Google's 'Play Store' Over Lack of Censorship

EU Times — Wed, 31 Aug 2022 15:39:18 +0000

The Truth Social media app championed by President Trump in support of free speech and the free exchange of ideas online is being barred from Google’s Play Store over a lack of censorship, recent reports explain. Truth Social, which was rolled out earlier this year, is one of the most downloaded apps in the world […]

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Google manipulating browser extensions to curb competitors

EU Times — Mon, 17 Jan 2022 20:39:05 +0000

Google is facing rising legal challenges from global regulators who accuse the tech giant of operating an illegal monopoly of its search and digital advertising businesses. One of its most well-known rivals is claiming that the tech giant is manipulating browser extensions to promote its products and curb competitors, adding a new wrinkle to the […]

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British, American Retailers Join Court Battles Against Visa, MasterCard Over Transaction Fees

EU Times — Wed, 15 Dec 2021 16:14:49 +0000

Earlier, the e-commerce giant, Amazon stopped accepting payments from Visa cards in the UK citing “high fees” of the financial services corporation. Visa condemned the decision accusing the company of “restricting consumer choice”. Several global fashion retailers have filed legal complaints against the world’s two major financial services companies over their fees for card payments. […]

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Zuckerberg demands US Congress to Destroy any possible competition to Facebook

EU Times — Wed, 06 Oct 2021 20:02:04 +0000

Mark Zuckerberg’s rebuttal of accusations against Facebook and call for action by Congress are just an attempt to have the government protect his monopoly, digital freedoms activist Edward Snowden said. The CEO of Facebook posted a lengthy reaction to this week’s outage of company services and the congressional testimony of Frances Haugen, a former Facebook […]

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Google slapped with 220 Million EURO fine following French probe into anti-competitive behavior

EU Times — Mon, 07 Jun 2021 12:42:43 +0000

Tech giant Google has been fined 220 million euros ($268 million) by the French regulator following a probe into allegations that the company’s web services were unfairly sending business to its advertising server. “The decision to fine Google is particularly significant as it is the first throughout the world to tackle complex algorithmic auction processes […]

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Big Pharma overcharged NHS millions for anti-epilepsy drug

EU Times — Thu, 06 Aug 2015 21:14:15 +0000

US pharma giant Pfizer and Hertfordshire-based drug company Flynn Pharma abused their market dominance by charging “excessive and unfair prices” for an anti-epilepsy drug, Britain’s competition watchdog has said. Following a comprehensive investigation, the Competition and Markets Authority (CMA) released a scathing statement on Thursday suggesting the two pharma firms may have breached UK and […]

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McDonald’s to close 700 locations as global sales slide

EU Times — Fri, 19 Jun 2015 09:14:39 +0000

McDonald’s will close 700 restaurants worldwide this year for the first time in four decades. Faced with declining sales and increased market competition, the company says it also intends to streamline management positions. In the US, the closings will be a mix of franchises and company-owned restaurants, McDonald’s spokesperson Becca Hary told the Associated Press. […]

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EU formally charges Google over Search Abuse

EU Times — Wed, 15 Apr 2015 12:35:35 +0000

The EU has officially filed a complaint against Google for allegedly abusing its dominance in the European market. The case could carry a fine of up to $6 billion, which would be the biggest settlement in EU antitrust history. The EU has regularly accused the US tech giant of squeezing out smaller competitors in Europe […]

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EU to probe Google's below cost licensing of Android: Courtesy Microsoft Nokia

EU Times — Tue, 18 Jun 2013 21:57:56 +0000

Microsoft, the company which created abusive monopoly in the PC desktop space and did not leave any room for a single player to breath and survive for almost three decades is now crying wolf when competitors are doing better. Microsoft and it’s pizza delivery boy Nokia filed complaints with the EU, via is proxy body […]

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