eu antitrust regulators

EU Antitrust Body to Investigate Microsoft Over Teams’ Inclusion in Office Bundle

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[ad_1] Microsoft on Thursday found itself the target of an EU antitrust investigation over the tying of its chat and video app Teams with its Office product, putting it at risk of a hefty fine. The US tech giant has racked up EUR 2.2 billion (roughly Rs. 20,485 crore) in EU antitrust fines in the … 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

EU Antitrust Body to Announce Decision on Adobe, Figma $20 Billion Deal on August 7

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[ad_1] EU antitrust regulators will decide by August 7 whether to clear Adobe’s $20 billion (roughly Rs. 1,63,900 crore) bid for cloud-based designer platform Figma after a preliminary review, according to a European Commission filing on Monday. Photoshop maker Adobe sought EU approval last Friday. A request made a month before the summer holidays suggests the company … Read more