Press Pause: Antitrust lawsuit seeks to interrupt Google Play Store monopoly
Google is facing an antitrust lawsuit from 37 US states over “monopolistic” policies on its app store, Google Play.
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July 31, 2021
A bigger bite of the Apple music: Music industry revenue sharing under fire
MPs have called for a “complete reset” of the music streaming industry to give a bigger share of revenue to artists.
July 27, 2021
Penguin’s Flippers In A Flap: CMA investigates Penguin takeover of Simon & Schuster
The Competition and Markets Authority (CMA) has launched an investigation into the $2bn takeover of American book publishing business Simon & Schuster (S&S) by Penguin Random House (PRH). The concern is that the takeover would make PRH the world’s largest bookseller, in turn stamping out competition between UK booksellers.
April 6, 2021
A Pharmaceutical Phenomenon: Amazon considers the launch of pharmacy initiative in the UK
Amazon is considering diversifying its market share even further as emerging speculation suggests that the online giant plans to extend its pharmacy business to the UK.
January 17, 2021
Landmark Consumer Challenge Continues: Mastercard swiped by £14bn mass consumer claim
Between 1992-2008, the fees Mastercard charged businesses for accepting payments from consumers in the UK (interchange fees) were too high. Consequently, UK consumers paid higher prices on purchases from businesses that accepted Mastercard. This breach of competition law could entitle 46.2m eligible Britons up to £300 each, making a potential mass consumer claim against the card provider worth just under £14bn.
December 28, 2020
Not Quite So “Simples”: CompareTheMarket fined £17.9m over a breach of competition law
The comparison website CompareTheMarket has been fined £17.9m for breaching competition law. It has done so by imposing wide “most favoured nation” clauses on insurers, preventing them from advertising cheaper rates elsewhere, and protecting its own site from being undercut by competitors.
November 24, 2020
BT Phone Home: British Telecom signs deal with Ericsson
Telecom company BT has signed a deal with Ericsson to use their 5G equipment to upgrade its EE mobile network, in a move to ditch reliance on Huawei.
November 8, 2020
Big Tech Bullies: US report accuses technology giants of antitrust violations
A US congressional report has alleged that Amazon, Apple, Google and Facebook have all participated in anti-competitive business practices in order to quash their competitors.
October 22, 2020
End of IP-“slow”?: The Hut Group halts London’s IPO lull with £4.5 billion flotation
Despite considering its options overseas, e-commerce retailer The Hut Group plans a London initial public offering (IPO) that would value it at around £4.5 billion, potentially the biggest listing of a British company in the UK since 2013.
September 23, 2020
Tesco Enters the Jungle: Supermarket chain takes on Amazon
Tesco plans to start offering free grocery delivery from online orders in a move designed to compete directly with Amazon Fresh.
September 3, 2020