Class action lawsuit filed against Amazon.com over ebook pricing

A class-action lawsuit has been filed accusing Amazon.com Inc of inflating ebook prices in collusion with some publishers. The class action lawsuit alleges that the e-commerce giant along with the five largest U.S. publishers, collectively called the ‘Big Five’, agreed to price restraints that cause consumers to overpay for eBooks purchased from them through a…

Apple Korea offers $84.02 million to settle antitrust probe

On Monday, South Korea’s competition watchdog stated, Apple’s Inc South Korean unit has put forwards proposals to address antitrust concerns and has offered $84.02 million (100 billion won) in support programmes to small small businesses, consumers and others. The development comes in the wake of Apple Korea being investigated by the Korea Fair Trade Commission…

Justice Department opens antitrust probe on all major digital tech firms

Given bi-partisan concerns over the market power of these major digital technology companies, which include Google, Amazon, Facebook and Apple, their potential downsizing is very much a possibility. In a significant development that marks the latest sign of the Trump government stepping up is scrutiny over big tech firms, the U.S. Justice Department disclosed that…

France’s competition regulator orders review of Google’s Advertisement policies

According to Google, the issue revolves around Amadeus charging consumers for services that are available for free, or for a nominal charge; this practice is against its internal policies which prohibit ads for services that can be obtained for free or at a lower price from the government or another public source. In a significant…

Qualcomm accuses Apple of making false misleading statements

The allegations and the counter allegations make for a brief interesting read. Qualcomm Inc has hit back hard at Apple Inc’s charges that were made in its January lawsuit, stating that the U.S. company had breached multiple agreements and had encouraged regulatory attacks on its business in various jurisdictions around the world by making false…