antitrust

Spotify Allowed to Sidestep Play Store Fees as Part of Confidential Deal, Google Executive Says

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[ad_1] Google allowed Spotify to sidestep the company’s mandatory Play Store fees, a company executive reportedly confirmed while giving testimony during the ongoing Epic vs Google trial. The Verge reports that a confidential deal with the streaming giant has come to light, revealing that Spotify was allowed to process its own payments on the service without … Read more

Google Paid Billions to Make Play Store and Assistant Default Apps on Samsung Phones, Google Executive Says

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[ad_1] Google paid Samsung billions of dollars in order to make the search giant’s app store, assistant, search engine, and other services the default options on smartphones made by the latter, according to information that has emerged during the ongoing Google vs Epic Games trial. On Monday, Google Vice President for Partnerships James Kolotouros revealed … Read more

Apple Filing Reveals iPhone Maker Expects to Change App Store Policy to Comply With EU Regulation

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[ad_1] Apple expects it will be compelled to make changes to its App Store policies, as the firm must comply with the European Union’s new Digital Markets Act (DMA). The iPhone maker’s recent filing with the US Securities and Exchange Commission (SEC) shows the company expects to make policy changes related to applications running on iOS and … Read more

Adobe, Figma $20 Billion Deal to Face Full-Scale EU Antitrust Probe After Preliminary Review

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[ad_1] Adobe’s $20 billion (roughly Rs. 1,63,400 crore) bid for cloud-based designer platform Figma will face a full-scale EU antitrust investigation following EU regulators’ preliminary review, people familiar with the matter said on Monday. The move underscores antitrust watchdogs’ wariness of tech deals where bigger companies may acquire rival start-ups to shut them down. An Adobe spokesperson … Read more

Broadcom Said to Gain Conditional EU Antitrust Approval for VMware Deal

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[ad_1] US chipmaker Broadcom is set to gain conditional EU antitrust approval for its $61 billion (nearly Rs. 5,03,000 crore) proposed acquisition of cloud computing firm VMware, people familiar with the matter said, sending its shares up by almost 5 percent. The European Commission’s clearance is tied to remedies relating to Broadcom’s interoperability with rivals … Read more