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BBCNEWS Business July 3, 2024

Lets start in the eu, where Three Tech Giants the social media platform x, Tiktok Owner Bytedance and the travel website booking. Com, are waiting to find out whether they could face an Antitrust Crackdown under the eus new digital antitrust rulebook. The Eu Commission has until the end of today to decide whether those three companies would qualify as so called gatekeepers under the new Digital Markets act. The aim of the act is to help competition in the Technology Sector and to try to break down the stronghold of Big Tech Companies. Well, someone who knows a lot about this, be ....

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9. Big tech companies fear major antitrust crackdown

Antitrust crackdownBig tech companies are facing their biggest challenge as antitrust regulators in both the US and Europe intensify efforts to combat. ....

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CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell January 3, 2022 20:53:00

Competition. i ve said it before and i ll say it again. capitalism without competition isn t capitalism. it s exploitation. so what is the white house going to do about it? the president s action plan calls for investing $1 billion federal dollars in independent meat processors through grants and loans. this is all aimed at boosting competition. they also want to launch new regulations into combating abuses here. they are planning to roll out a product of usa labeling rules so that people have a better sense for where their meat is coming from and also launching a new way for farmers to report anti-competitive concerns to the justice department and the usda. the chamber of commerce is not happy here. they are calling the biden plan misguided and they re arguing the administration basically using these high prices as an excuse to launch an antitrust crackdown. pleat read you a key line from neil bradley, the chief policy receive at the chamber. he said that isn t economics. ....

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Hong Kong stocks jump to four-week high as Alibaba, Meituan rally on bets antitrust crackdown against Big Tech is ending

Meituan has accepted a US$533 million fine for monopolistic practices after a five-month probe by market regulator. Investors see that as a relief for the broader sector. ....

China Stocks , Hong Kong Stocks , Hang Seng Index , Shanghai Composite Index , Antitrust Crackdown ,

China put analysts, fund managers on notice as regulators start frowning on stock index forecasting

In China, making calls on specific stock index levels could soon become hazardous for analysts and money managers. The practice might be the next focus of a crackdown by market regulators. ....

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