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Chinese e-commerce giant JD.com wins antitrust lawsuit against Alibaba

The Beijing High People’s Court on Friday ruled that Alibaba ‘abused its market dominance’ and ordered the Taobao and Tmall operator to pay US$141 million in damages. ....

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Analysis: TikTok gets controlling stake in Tokopedia

Analysis: TikTok gets controlling stake in Tokopedia
thejakartapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thejakartapost.com Daily Mail and Mail on Sunday newspapers.

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Google Is About to Pay Out Big Bucks in Antitrust Suit

More than 100 million consumers are eligible to receive funds from Google as part of an antitrust payout worth $700 million over fees Google charged in its app store. Per settlement. ....

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Parl panel discusses issues with tech firms in Mumbai

The Parliamentary Standing Committee on Communications and Information Technology (IT) on Monday met senior officials from all major social media platforms and discussed monopolistic practices, content and ad moderation, election misinformation, promotion algorithms and parental control, among others | Latest News India ....

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Walmart's Mexico unit to face anti-trust panel after three-year investigation

MEXICO CITY (Reuters) -Walmart's Mexico unit said on Friday it will face an anti-trust panel for alleged relative monopolistic practices related to the supply, wholesale distribution and marketing of consumer goods. The allegations follow a three-year investigation by Mexico's antitrust regulator, Cofece, and the company now has 45 days to provide arguments and evidence in its defense. Walmart de Mexico, known as Walmex, was first told in 2020 that it was under review for possible antitrust behavior. ....

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