The Justice Department is investigating whether he has a visa Inc. V. -4.77% According to people familiar with the matter, the debit-card market is involved in anti-competitive practices. People say the department’s antitrust department collects information and asks if the largest network of US cards, Visa, which is always less …
Read More »Why is Alibaba’s stock plunge bad news for Softbank?
The size of the text Getty Images by Charlie Tribune / AFP A sharp drop in shares of Alibaba Group on Thursday came on the heels of news that China is investigating e-commerce giant on issues of antitrust, whose shares have risen. Softbank Group, Japan-based holding company that is Alibaba’s …
Read More »Asian markets are mostly higher, but stocks in China are falling amid Alibaba anti-trust checks.
Asian stocks were mostly higher on Thursday after mixed gains on Wall Street following mixed economics reports. Benchmarks rose in Tokyo, Hong Kong and Sydney. China’s market regulator says it has launched an anti-monopoly probe into e-commerce giant Alibaba Group 9988, after shares in Shanghai fell. -8.13% Baba, + 0.14%, …
Read More »Google agrees to team up against Facebook’s potential anti-trust action, says draft law suite
WAS SHINGTON: Facebook Inc. And Alphabet Inc. No Google agreed to “cooperate and help each other if they face an investigation into their agreement to work together to advertise”, according to an indefinite version of the lawsuits filed against 10 states by Google last week. According to the claim, documents …
Read More »Apple Pal and Antitrust: The ‘Fortnight’ controversy is costly enough for the U.S. Could pave the way for a serious investigation of the company.
Apple Pal Inc. The four tech giants facing antitrust scrutiny seem the least sensitive, but there are signs that could change. In a move that appeals to the growing objections among developers, Apple Paul wants to silence AAPL, + 1.24% The iPhone maker, which runs on its digital platform, said …
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