Chinese regulator slaps $2.75bn anti-trust fine on Alibaba
Chinese online retail giant Alibaba has been hit with a $2.75bn fine after an anti-monopoly probe found that the e-commerce firm abused its dominant market position for several years.
DoJ files suit to block Visa’s acquisition of Plaid
Visa's $5.3bn acquisition of Plaid was supposed to be one of the biggest FinTech deals this year, but the US Department of Justice seems dead set against it and has filed a suit to stop the deal.
European Commission explores deeper protectionist antitrust rules
The European Commission is exploring deeper protectionist antitrust rules and to encourage businesses to share data, according to a report from Reuters.
European Commission fines MasterCard €570m for antitrust breach
The European Commission has fined MasterCard €570m for breaching EU antitrust rules. Mastercard was fined due to it ‘limiting the possibility for merchants to benefit...