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…

Competition and Consumer Commission of Singapore fines Uber & Grab a combined total of $9.5 million

Following an investigation Singapore’s antitrust watchdog concluded that Grab’s purchase of Uber’s Southeast Asian business has harmed consumers in Singapore. It has suggested remedial measures. Following Uber Technologies Inc’s sale of its Southeast Asian business to its regional rival Grab in March 2018, Singapore’s anti-trust watchdog has levied a combined fine of $9.5 million on…