England’s antitrust guard dog is exploring Amazon.com Inc (AMZN.O). Worries it was harming contest by giving its own merchants an unreasonable benefit. Adding to worldwide administrative examination of the U.S. tech monster. Amazon will give outsider venders on commercial center admittance to data could assist with selling more items on the web, the FT said. … Read more
Spirit Airlines board renews support for a merger deal with Frontier Group Holdings (ULCC.O). JetBlue Airways said it will “more thoroughly” review the revised terms of Frontier’s proposal. The carriers have been involved in a tussle to create the fifth-largest U.S. airline. Spirit Airlines Inc (SAVE.N) said on Friday it has reestablished its help for … Read more
Legislation aimed at reining in the market power of Big Tech platforms like Amazon. Representative David Cicilline, chair of a House antitrust subcommittee, says he is confident the bills will pass. Senator Amy Klobuchar said last week that she had enough support in the Senate to win passage. A top Democratic legislator on antitrust issues … Read more
SHANGHAI: Chinese games and messaging colossus Tencent Holdings has acquired the Japanese creative studio behind several hit Nintendo Switch titles, a report Friday said, as it seeks to recover from a government crackdown on the gaming sector. Tencent has taken about a 90 per cent stake in Wake Up Interactive for more than 5 billion … Read more
SAN FRANCISCO: A US judge on Tuesday rejected Apple’s request to delay letting App Store offerings bypass its payment system as ordered by the court, saying it had 30 days to comply in a case brought by Epic Games, the creator of Fortnite. Apple wanted the change — ordered to be implemented by a December … Read more
