In a rare case of legal action tied to rising prices, the government sued Woolworths and Coles for what it described as a pattern of deceiving consumers.
Tag: Antitrust Laws and Competition Issues
The Premier League’s Asterisk Season
As it concludes an epic title race, soccer’s richest competition is a picture of health on the field. Away from it, the league faces lawsuits, infighting and the threat of government regulation.
Forced to Change: Tech Giants Bow to Global Onslaught of Rules
For years, Apple, Google, Meta and others operated unfettered. But new laws and regulations have finally compelled them to make major shifts to their products and businesses.
Court Ruling Could Revive Plan for a European Super League in Soccer
The European Court of Justice said the sport’s governing bodies had abused their dominant position by blocking a new competition, opening the way for revamped proposals.
Wednesday Briefing: More Than 5,000 Dead in Libya
Plus, art from Japan’s Lost Decade.
Glencore Will Pay $1.1 Billion to Settle Bribery and Price-Fixing Charges
U.S. prosecutors said the settlement followed “a multiyear scheme to manipulate benchmarks used to set prices for oil at two of our country’s busiest ports.”
As Europe Approves New Tech Laws, the U.S. Falls Further Behind
Federal privacy bills, security legislation and antitrust laws to address the power of the tech giants have all failed to advance in Congress, despite hand wringing and shows of bipartisan support.
E.U. Takes Aim at Social Media’s Harms With Landmark New Law
The Digital Services Act would force Meta, Google and others to combat misinformation and restrict certain online ads. How European officials will wield it remains to be seen.
E.U. Takes Aim at Big Tech’s Power With Landmark Digital Act
The Digital Markets Act is the most sweeping legislation to regulate tech since a European privacy law was passed in 2018.
Facebook Hearing Bolsters Calls for Regulation in Europe
A whistle-blower who told Congress about the tech giant’s inner workings has spoken with top policymakers in Brussels, Britain and France about the need for tougher oversight.