Other news includes a $123m penalty against McKinsey for bribery, and a Nomura wealth manager being charged with attempting to murder–yes, murder–customers.
Monopoly
Other news includes a controversial Australian social media ban for under-16s, and an increase in US bank assessment rates for 2025.
The search giant was found to be illegally monopolizing search via exclusive deals. Now other tech giants face action.
Joint statement from four regulators addresses risks of anticompetitive tendencies in the AI market.
The government hopes the clampdown will help consumers deal with the increasing cost of living.
New draft guidelines released on Wednesday showcase tougher scrutiny of future deals by the US antitrust enforcers.
Regulator recommends market investigation over concerns at exercise of dominant position by AWS and Microsoft.