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German Federal Network Agency to investigate mobile market competition
Jul 04,2023
The German Federal Network Agency (Bundesnetzagentur) is conducting an investigation into the competitive landscape of the mobile market. This investigation is part of the agency's process of allocating radio frequencies. As a regulatory body, Bundes...
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Microsoft to face antitrust investigation by EU over product bunding of Microsoft Teams
Jul 03,2023
Microsoft is facing a potential antitrust investigation by the European Union after discussions on resolving concerns raised by Slack's complaint fell through. In 2020, Slack accused Microsoft of unfair integration by offering its Teams app with Offi...
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Mexico to investigate monopolistic practices in digital services market
Jul 03,2023
The Federal Economic Competition Commission (COFECE) of Mexico announced that it had launched an investigation into the digital services market, as well as any digital products and services. A notice in the Official Journal of the Federation (DOF) wa...
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South Korea's new crypto bill to regulate unfair trade
Jul 03,2023
South Korea's National Assembly has passed the 'Act for the Protection of Virtual Asset Users,' a new law to safeguard individuals involved in virtual asset transactions. The legislation covers various aspects, including the segregation of crypto cus...
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US Federal regulators crack down on fake reviews and deceptive online practices
Jul 01,2023
US Federal regulators are planning to take strong action against dishonest online practices, including fake reviews. The Federal Trade Commission (FTC) has proposed a new rule prohibiting paying for reviews, manipulating honest reviews, selling fake ...
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Federal ruling allows for the continuation of class action against Google for violating privacy rules via their voice assistant apps
Jul 01,2023
U.S. District Judge Beth Labson Freeman let plaintiffs in the class action pursue claims that Google and its parent Alphabet Inc violated California privacy laws, federal privacy laws, and contract claims. According to the judge, Google must face a l...
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Japan to hold online platforms accountable for vendors' behaviour
Jul 01,2023
According to a news report, the government of Japan is planning to enact a new law that will offer more protection to e-commerce consumers. Under this law, e-commerce platforms in Japan, such as Amazon, Rakuten, Yahoo Japan, and Mecari, will be requi...
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UK regulators join forces to ensure online services work well for consumers and businesses
Jul 01,2023
According to a news report, the UK Office of Communications (Ofcom) has set up a joint forum to ensure better collaboration for ensuring that online services work effectively for consumers and businesses in the UK. The forum known as the Digital Regu...
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European Commission publishes legislative proposal for a digital euro
Jun 29,2023
The proposed legislation aims to ensure that a digital euro would have legal tender status, be easily accessible to all individuals, offer basic services for free, protect privacy and data, and prevent money laundering and terrorist financing risks. ...
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European Commission proposed reforms for payment service rules
Jun 28,2023
The European Commission is suggesting revised regulations to enhance the protection of consumers and promote competition in electronic payments. The proposed revisions aim to increase transparency and clarity for consumers by imposing new requirement...
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EU: Orange and MasMovil's merger poses competition threat in Spain
Jun 28,2023
The proposed merger between Orange and MasMovil's Spanish operations has raised significant concerns for the European Commission, as it warns about potential negative consequences such as reduced competition and increased prices. To address these con...
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FTX debtors report reveals cryptocurrency exchange owed customers $8.7 billion
Jun 26,2023
FTX Trading Ltd. and its affiliated debtors have released a second report detailing the commingling and misuse of customer deposits at FTX.com by the previous management team. The report have identified that cryptocurrency exchange owed customers aro...
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