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KSOE-DSME deal face obstacles inside and outside of Korea

KSOE-DSME deal face obstacles inside and outside of Korea
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

South Korea s shipbuilders deal still in limbo

The EU Competition Commission has stopped the clock in its in-depth investigation into the US$1.8bil (RM7.4bil) acquisition of Daewoo Shipbuilding & Marine Engineering Co (DSME) by Hyundai Heavy Industries Holdings Co (HHIH) since July 3, 2020. (File pic shows a Daewoo shipyard) SEOUL: The European Union’s (EU) antitrust regulator has not yet resumed its review of the proposed merger between South Korea’s two leading shipbuilders, putting its decision on hold for nearly a year. The EU Competition Commission has stopped the clock in its in-depth investigation into the US$1.8bil (RM7.4bil) acquisition of Daewoo Shipbuilding & Marine Engineering Co (DSME) by Hyundai Heavy Industries Holdings Co (HHIH) since July 3, 2020.

Facebook s use of ad data triggers antitrust probes in UK and EU – TechCrunch

Facebook is facing a fresh pair of antitrust probes in Europe. The UK’s Competition and Markets Authority (CMA) and the EU’s Competition Commission both announced formal investigations into the social media giant’s operations today — with what’s likely to have been co-ordinated timing. The competition regulators will scrutinize how Facebook uses data from advertising customers […]

Apple Says App Store Stopped More Than $1 5 Billion in Fraud

Apple Says App Store Stopped More Than $1.5 Billion in Fraud TheStreet 3 days ago © TheStreet Apple Says App Store Stopped More Than $1.5 Billion in Fraud Apple said Tuesday that its App Store last year stopped more than $1.5 billion in potentially fraudulent transactions. Popular Searches Apple said in a statement that it protected customers from more than $1.5 billion in potentially fraudulent transactions, preventing the attempted theft of their money, information, and time and kept nearly a million risky and vulnerable new apps out of their hands. Threats have been present since the first day the App Store launched on iPhone, and they ve increased in both scale and sophistication in the years since, the company said.

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