Tag #Antitrust

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repubblica.it

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May 1, 19:18

Italy Cracks Down on Unpaid Ticket Resale Fines

Italy's new decree mandates blocking online ticket resale platforms with unpaid fines exceeding €1 million, addressing a loophole in previous legislation targeting inflated ticket prices, such as Viagogo's €40 million in unpaid fines.

Italy Cracks Down on Unpaid Ticket Resale Fines

Italy's new decree mandates blocking online ticket resale platforms with unpaid fines exceeding €1 million, addressing a loophole in previous legislation targeting inflated ticket prices, such as Viagogo's €40 million in unpaid fines.

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What is the impact of Italy's new law on online ticket resale platforms that have not paid significant fines?

A new Italian law mandates the blocking of websites facilitating inflated ticket resale if they haven't paid at least €1 million in fines. This addresses a loophole, as platforms were previously fined but hadn't paid, hindering enforcement. The law ensures fines are paid before any legal challenges are exhausted.

nos.nl

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Apr 27, 22:12

EU Fines Apple and Meta €700 Million for DMA Violations

The European Union imposed €500 million and €200 million fines on Apple and Meta, respectively, for violating the Digital Markets Act (DMA) within one year of its implementation, demonstrating a swift response to curb tech giants' power and promote competition.

EU Fines Apple and Meta €700 Million for DMA Violations

The European Union imposed €500 million and €200 million fines on Apple and Meta, respectively, for violating the Digital Markets Act (DMA) within one year of its implementation, demonstrating a swift response to curb tech giants' power and promote competition.

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How do the EU's actions against tech giants compare to similar efforts in the US, and what are the differing strategies employed?

The EU's swift enforcement of the DMA reflects a global trend of increased scrutiny of tech giants' monopolistic practices. The actions against Apple and Meta follow similar investigations in the US, where authorities are exploring measures like breaking up companies to increase competition. This demonstrates a growing international consensus on the need to regulate the power of tech companies.

elpais.com

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Apr 25, 04:12

Alphabet Q1 2025: Record Profits Driven by AI and Cloud Computing

Alphabet reported record Q1 2025 revenue of \$90.234 billion (12% increase) and profit of \$34.540 billion (46% increase), driven by AI-powered cloud computing growth (28% to \$12.260 billion) and digital advertising (8.5% to \$66.685 billion), despite a recent monopolistic practices ruling.

Alphabet Q1 2025: Record Profits Driven by AI and Cloud Computing

Alphabet reported record Q1 2025 revenue of \$90.234 billion (12% increase) and profit of \$34.540 billion (46% increase), driven by AI-powered cloud computing growth (28% to \$12.260 billion) and digital advertising (8.5% to \$66.685 billion), despite a recent monopolistic practices ruling.

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What are the key factors driving Alphabet's record-breaking Q1 2025 financial results, and what are the immediate implications?

Alphabet, Google's parent company, exceeded revenue and profit expectations in Q1 2025, reaching \$90.234 billion in revenue (a 12% increase) and \$34.540 billion in profit (a 46% surge). This success is attributed to strong performance in digital advertising and cloud computing, particularly boosted by AI advancements. A significant \$70 billion stock buyback plan was also announced.

nrc.nl

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Apr 24, 01:16

EU Fines Apple and Meta €700 Million for DMA Violations

The European Commission fined Apple €500 million and Meta €200 million for violating the Digital Markets Act (DMA), citing Apple's App Store practices and Meta's advertising model, with both companies planning appeals and the fines potentially influencing future global tech regulation.

EU Fines Apple and Meta €700 Million for DMA Violations

The European Commission fined Apple €500 million and Meta €200 million for violating the Digital Markets Act (DMA), citing Apple's App Store practices and Meta's advertising model, with both companies planning appeals and the fines potentially influencing future global tech regulation.

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What are the immediate consequences of the European Commission's fines on Apple and Meta for violating the Digital Markets Act?

The European Commission imposed fines on Apple (€500 million) and Meta (€200 million) for violating the Digital Markets Act (DMA), a law aiming to curb the power of large tech companies. These fines stem from investigations launched in early 2023, focusing on Apple's App Store practices and Meta's 'consent-or-pay' advertising model. Both companies plan to appeal.

politico.eu

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Apr 23, 16:12

EU Fines Meta and Apple €700 Million for DMA Violations

The European Commission fined Meta €200 million and Apple €500 million for violating the Digital Markets Act, prompting appeals and escalating transatlantic tensions over digital regulations.

EU Fines Meta and Apple €700 Million for DMA Violations

The European Commission fined Meta €200 million and Apple €500 million for violating the Digital Markets Act, prompting appeals and escalating transatlantic tensions over digital regulations.

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How do Meta's and Apple's reactions to the fines reflect the underlying tensions between the EU and the U.S. regarding digital regulation?

Meta's and Apple's fines stem from breaches of the EU's DMA, specifically Meta's "pay or consent" advertising model and Apple's app store rules. These fines highlight growing transatlantic tensions over digital regulations, with accusations of unfair targeting of American companies. The EU asserts the fines are based on clear rules and respect for European values.

dw.com

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Apr 23, 16:12

EU Fines Apple €500 Million, Meta €200 Million for DMA Violations

The European Commission fined Apple €500 million and Meta €200 million for violating the Digital Markets Act (DMA), with Apple for restricting app developers' access to alternative offer information and Meta for its data-light option model deemed insufficient, both companies planning legal action an...

EU Fines Apple €500 Million, Meta €200 Million for DMA Violations

The European Commission fined Apple €500 million and Meta €200 million for violating the Digital Markets Act (DMA), with Apple for restricting app developers' access to alternative offer information and Meta for its data-light option model deemed insufficient, both companies planning legal action an...

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What are the immediate consequences of the European Commission's fines against Apple and Meta for violating the Digital Markets Act?

The European Commission fined Apple and Meta €500 million and €200 million, respectively, for violating the Digital Markets Act (DMA), which aims to prevent market dominance from discriminating against other providers. This is the DMA's first enforcement, with both companies having 60 days to rectify the issues.

theguardian.com

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Apr 30, 22:13

Meta's Q1 2025 Earnings: AI Investment, Antitrust Trial Cloud Outlook

Meta's first-quarter 2025 earnings report, expected on April 30th, will reveal whether the company met revenue goals of $39.5bn-$41.8bn, amid a $65bn AI investment, antitrust concerns, and uncertainty about the impact of tariffs.

Meta's Q1 2025 Earnings: AI Investment, Antitrust Trial Cloud Outlook

Meta's first-quarter 2025 earnings report, expected on April 30th, will reveal whether the company met revenue goals of $39.5bn-$41.8bn, amid a $65bn AI investment, antitrust concerns, and uncertainty about the impact of tariffs.

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What are the key factors influencing investor expectations for Meta's first-quarter earnings, and what is their immediate impact on the company's financial outlook?

Meta is set to report its first-quarter earnings on April 30th, 2025, with Wall Street projecting $41.36 billion in revenue and $5.21 in earnings per share. The company's $65 billion AI infrastructure investment by 2025 and uncertainty around Donald Trump's tariffs are key factors influencing investor sentiment. Meta's recent launch of a standalone AI app and integration of AI chatbots into its platforms are also significant developments.

nos.nl

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Apr 27, 19:16

EU Fines Apple and Meta €700 Million Under New Digital Markets Act

The European Union levied €500 million and €200 million fines on Apple and Meta, respectively, for violating the Digital Markets Act (DMA) within a year of its implementation, showcasing rapid regulatory action against tech giants' market dominance and setting a precedent for global tech regulation.

EU Fines Apple and Meta €700 Million Under New Digital Markets Act

The European Union levied €500 million and €200 million fines on Apple and Meta, respectively, for violating the Digital Markets Act (DMA) within a year of its implementation, showcasing rapid regulatory action against tech giants' market dominance and setting a precedent for global tech regulation.

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How do the EU's actions against Apple and Meta relate to broader global efforts to regulate the power of large tech companies?

The DMA's swift enforcement reflects a growing global concern over the monopolistic practices of major tech firms. The EU's actions, coupled with similar investigations in the US, indicate a concerted effort to dismantle anti-competitive behaviors. For instance, the US is considering breaking up Google, mirroring earlier EU actions resulting in a €4.3 billion fine in 2018. The fines and investigations aim to foster greater competition and consumer choice.

forbes.com

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Apr 24, 04:10

NCAA Settlement Approval Delayed Pending Roster Cap Resolution

Judge Claudia Wilken issued a preliminary approval for a \$2.8 billion settlement in the House, et al v NCAA case, contingent upon the NCAA relaxing roster cap rules that have harmed over 100 athletes; failure to reach an agreement within 14 days will result in a trial in 2026.

NCAA Settlement Approval Delayed Pending Roster Cap Resolution

Judge Claudia Wilken issued a preliminary approval for a \$2.8 billion settlement in the House, et al v NCAA case, contingent upon the NCAA relaxing roster cap rules that have harmed over 100 athletes; failure to reach an agreement within 14 days will result in a trial in 2026.

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How did the NCAA's preemptive implementation of roster limits affect the settlement process and the athletes involved?

The ruling highlights a conflict between the proposed settlement and its impact on college athletes. Over 100 athletes voiced concerns about losing opportunities due to roster limits. Judge Wilken's decision to delay final approval underscores the need to protect athletes from the negative consequences of hasty agreement implementation.

elpais.com

🌐 85% Global Worthiness

Apr 24, 10:14

EU Imposes First Digital Markets Act Fines on Apple and Meta

The European Commission imposed €500 million and €200 million fines on Apple and Meta respectively, for violating the Digital Markets Act (DMA), marking the first enforcement of the new regulations aimed at curbing the power of large tech companies operating within the European Union.

EU Imposes First Digital Markets Act Fines on Apple and Meta

The European Commission imposed €500 million and €200 million fines on Apple and Meta respectively, for violating the Digital Markets Act (DMA), marking the first enforcement of the new regulations aimed at curbing the power of large tech companies operating within the European Union.

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What are the immediate implications of the European Commission's first fines under the Digital Markets Act (DMA)?

The European Commission issued its first fines under the Digital Markets Act (DMA), totaling €700 million against Apple (€500 million) and Meta (€200 million) for violating the act. These fines reflect the Commission's commitment to enforcing European regulations on companies operating within the EU's single market, regardless of their origin. The penalties aim to ensure compliance with DMA regulations and to address the companies' past non-compliance.

zeit.de

🌐 85% Global Worthiness

Apr 23, 22:12

EU Fines Apple and Meta €700 Million for DMA Violations

The European Commission fined Apple €500 million and Meta €200 million for violating the Digital Markets Act (DMA), citing Apple's restrictions on app developers directing users to cheaper alternatives and Meta's 'pay or consent' model for personalized ads.

EU Fines Apple and Meta €700 Million for DMA Violations

The European Commission fined Apple €500 million and Meta €200 million for violating the Digital Markets Act (DMA), citing Apple's restrictions on app developers directing users to cheaper alternatives and Meta's 'pay or consent' model for personalized ads.

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What are the immediate consequences of the European Commission's decision to fine Apple and Meta under the DMA?

The European Commission imposed fines totaling €700 million on Apple (€500 million) and Meta (€200 million) for violating the Digital Markets Act (DMA). These fines stem from investigations launched last summer, concluding that Apple prevents developers from directing users to cheaper alternatives outside its App Store and Meta's 'pay or consent' model violates user data rights.

lefigaro.fr

🌐 85% Global Worthiness

Apr 23, 16:12

200+ French Media Outlets Sue Meta for Illegal Data Practices

Over 200 French media organizations, including TF1, France Télévisions, and Le Figaro, filed a lawsuit against Meta on April 23rd in Paris, accusing the company of illegal data collection for targeted advertising, causing substantial financial losses and violating GDPR; the lawsuit claims Meta and G...

200+ French Media Outlets Sue Meta for Illegal Data Practices

Over 200 French media organizations, including TF1, France Télévisions, and Le Figaro, filed a lawsuit against Meta on April 23rd in Paris, accusing the company of illegal data collection for targeted advertising, causing substantial financial losses and violating GDPR; the lawsuit claims Meta and G...

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What are the potential long-term consequences of this lawsuit, both for the French media sector and for the broader regulation of tech companies in Europe?

This lawsuit could set a precedent for future legal challenges against tech companies regarding data privacy and fair competition in online advertising. The outcome will have implications for the French media landscape and the broader European regulatory environment. The claim that Meta and Google together control 75% of the online ad market underscores the dominance of these tech giants and their impact on the media industry.

Showing 61 to 72 of 250 results