Monopoly
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GRIP Extra: Trump nominates Atkins for SEC chair, Musk tries to block OpenAI’s for-profit move
Other news includes a $123m penalty against McKinsey for bribery, and a Nomura wealth manager being charged with attempting to murder–yes, murder–customers.
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GRIP Extra: EU to slash green regulations, Canada targets Google for anticompetitive conduct
Other news includes a controversial Australian social media ban for under-16s, and an increase in US bank assessment rates for 2025.
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Landmark ruling as Google loses search market antitrust case
The search giant was found to be illegally monopolizing search via exclusive deals. Now other tech giants face action.
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International competition agencies issue statement on generative AI
Joint statement from four regulators addresses risks of anticompetitive tendencies in the AI market.
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UK government takes aim at hidden fees and fake reviews
The government hopes the clampdown will help consumers deal with the increasing cost of living.
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New guidelines spell out how DOJ, SEC will police proposed mergers
New draft guidelines released on Wednesday showcase tougher scrutiny of future deals by the US antitrust enforcers.
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Ofcom takes aim at cloud services monopoly
Regulator recommends market investigation over concerns at exercise of dominant position by AWS and Microsoft.