Marketplace

The Next Trump Administration: A Tough Stance on Tech Antitrust Enforcement

4 hours ago

In the wake of the recent United States presidential elections, the prospect of a second Donald Trump presidency has reignited discussions surrounding antitrust actions against technology giants. If Trump were to reclaim the White House, it is expected that a more aggressive approach towards regulatory scrutiny of tech firms would be on the agenda, marking a significant pivot from the previous administration's more lenient stance.

India Denies Apple’s Request to Halt Antitrust Investigation

27 days ago

In a significant blow to Apple Inc., the Indian government has officially rejected the tech giant's request to pause a forthcoming antitrust report. The investigation, which was initiated by India’s Competition Commission (CCI), stems from allegations that Apple has engaged in anti-competitive practices within its App Store.

Prosus Reaps $2 Billion Windfall from Swiggy's IPO Valuation Surge

1 month ago

In a significant financial development, Prosus has reported a profit of $2 billion from its investment in Indian food delivery giant Swiggy, coinciding with the company's recent public offering (IPO). Swiggy, which has rapidly expanded across the Indian subcontinent, saw its valuation soar to an impressive $10.7 billion post-IPO, offering substantial returns for early backers like Prosus.

Apple Faces Legal Challenge in China Over App Store Practices

1 month ago

In a significant legal development, technology giant Apple is embroiled in a lawsuit in China that bears similarities to the notorious legal tussle with Epic Games over the popular game Fortnite. This case marks Apple's ongoing struggle to maintain control over its lucrative App Store model, which has drawn scrutiny from developers and regulators worldwide.

Google Faces Mounting Pressure as Antitrust Investigations Intensify

2 months ago

In a sign of escalating scrutiny from regulators, tech giant Google is bracing for a significant reckoning regarding its market dominance. As the U.S. government amplifies its antitrust efforts, Google’s practices are under the microscope, raising questions about the future structure of the digital marketplace.

Insights from Etsy's CFO: Reflections Before Retirement

2 months ago

In a recent interview before his retirement, Etsy's Chief Financial Officer (CFO) shared valuable reflections on his tenure at the company and insights into the evolving landscape of e-commerce. Addressing the challenges and triumphs of managing the financial aspects of a thriving online marketplace, he delved into the unique characteristics that set Etsy apart from its competitors.

Amazon Faces Legal Battle as Antitrust Case Thrusts Forward

3 months ago

In a significant development, the U.S. Federal Trade Commission’s (FTC) antitrust lawsuit against Amazon is set to proceed, following a pivotal ruling. The case, which addresses alleged anti-competitive practices, has garnered extensive attention as it casts a spotlight once again on the robust regulatory scrutiny facing one of the world’s biggest tech giants.