Tag: Amazon
Italy Hits Amazon With Huge $1.28B Antitrust Fine
Italian antitrust regulators on Thursday slapped e-commerce giant Amazon with a massive $1.28 billion fine for abusing its market dominance, reported Reuters.
The Autorita Garante della...
Amazon Looks To Compete With Intel, Nvidia With New Chip Launch
Amazon cloud computing unit on Tuesday introduced two new custom computing chips aimed at helping its customers beat the cost of using chips from...
Goldman Sachs Partners With Amazon For Cloud-Based Software
Goldman Sachs said on Tuesday it had partnered with Amazon Web Services Inc to create a software for cloud-based data and analytics for financial...
FTC Questions Amazon, Walmart & Others In Supply Chain Probe
The Federal Trade Commission on Monday ordered nine large U.S. companies, including Walmart, Amazon and Procter & Gamble, to provide detailed information about their...
Amazon Wants India To Revoke Reliance-Future Deal Approval
Amazon has asked India's antitrust regulator to revoke its approval for Future Retail's $3.4 billion sale of retail assets to Reliance, saying it was...
Google, Amazon & Apple Step Up Lobbying In Opposition To ...
Support for curbing large technology companies’ market power is widening in the Senate, with lawmakers in both parties endorsing new legal constraints on search...
Amazon Wants To Pause Antitrust Review Of 2019 India’s Future Deal
Amazon has asked India's Supreme Court to pause an expedited review of allegations that the US firm concealed information while seeking antitrust clearance for...
Italian Antitrust Watchdog Fines Apple & Amazon
Italy's antitrust authority has fined US tech giants Amazon and Apple a total of more than 200 million euros ($225 million) for alleged anti-competitive...
Visa Plans To Negotiate With Amazon Over High Fees
Visa’s chief executive called Amazon’s decision to ban UK-issued credit cards from its platform “odd” and “unfortunate,” but said he expects the spat to...
UK’s Visa Cards In Amazon Crosshairs Over High Fees
According to a press release, Amazon will stop accepting Visa credit cards issued in the United Kingdom from next year because of the high transaction...