Corning Takes Steps to Resolve EU Antitrust Investigation Over Gorilla Glass
In a strategic move to close the chapter on an ongoing antitrust investigation by the European Union (EU), Corning Incorporated has proposed a settlement regarding its flagship product, Gorilla Glass. This development comes after the tech giant faced scrutiny over its sales practices and market behavior related to the widely used glass used in smartphones and various consumer electronics.
Continue readingIndia Intensifies Scrutiny Over Amazon and Flipkart's Financials for Potential Penalties
The government of India has started the process of scrutinising the books of Amazon and Flipkart, two of the e-commerce giants operating within its borders. According to reports, this comes after allegations of violations with respect to foreign investment rules and norms pertaining to competition. It has been reported by Mint, citing officials, that the government of India is taking a close look at financial documents of both companies that may lead to the levying of penalties.
Continue readingEU Issues Ultimatum to Google in Explosive Battle Over Search Monopoly!
The move represents a major development in which Google finds itself under aggressive attack by the regulators of the European Union, who have issued an ultimatum against their dominance in the search engine market. It is one of the recent strikes in a series being carried out against big technology firms for their monopolistic tendencies.
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