Antitrust Tag

05 Jan Tesla Fined by South Korea Antitrust Watchdog for Alleged Advertising Violations

發表於 14:18 2023-01-05 作者 Jordy Leo

The South Korea Fair Trade Commission (KFTC) will impose a fine of KRW2.85bn (USD2.2m) on Tesla [TSLA:US] for alleged violation of advertising laws, as reported by Reuters on January 3. According to a KFTC statement, Tesla had exaggerated the driving range, charging speed, and fuel...

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27 Oct India Fines Google USD162m for Anti-competitive Practices

發表於 14:45 2022-10-27 作者 李Lex

India's antitrust authority, the Competition Commission of India (CCI), has fined Google [GOOG:US] INR13.4bn (USD162m) for engaging in anticompetitive behavior through the Android platform, as reported by Nikkei Asia on October 21. According to CCI, to maintain Google's dominance across a variety of markets, the company...

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27 Oct South Korean Antitrust Watchdog to Enhance Supervision of Online Platform Sector

發表於 12:47 2022-10-27 作者 Jordy Leo

South Korea’s antitrust authority, the Fair Trade Commission (FTC), will increase scrutiny of acquisitions for different businesses in the platform industry to crack down on monopolies in the sector, as reported by the Korea Economic Daily on October 21. The supervision came after South Korea’s...

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10 Aug South Korea to Investigate Google, Apple for Violations of In-App Payment Rules

發表於 13:24 2022-08-10 作者 李Lex

The Korea Communications Commission (KCC) will launch investigations in Apple [AAPL:US] and Google's [GOOGL:US] app stores, as well as One Store, a South Korean app store, for alleged breaches of domestic in-app payment regulations, as reported by the Korea Herald on August 9. The probe...

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03 Aug China Rolls out Centralized Anti-Monopoly Undertaking System 

發表於 15:49 2022-08-03 作者 Jordy Leo

China’s antitrust watchdog State Administration for Market Regulation (SAMR) on August 1 launched the Centralized Anti-Monopoly Undertaking System, an online platform for enterprises to disclose merger and acquisition deals to the regulator and check their approval status, as reported by South China Morning Post on...

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15 Jun Six Korean Logistics Firms Fined USD5.06m for Price Fixing

發表於 13:17 2022-06-15 作者 李Lex

South Korea's antitrust authority, the Fair Trade Commission (FTC), has fined six logistics firms including CJ Logistics [000120:KS], Dongbang Transport Logistics [004140:KS], and others a total of KRW6.5bn (USD5.06m) for price rigging, as reported by the Korea Herald on June 14. Between 2016 and 2018, the...

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15 Jun CNKI Opens Plagiarism-Checking Service to Individuals after Antitrust Probe

發表於 10:59 2022-06-15 作者 Jordy Leo

China’s largest online academic database China National Knowledge Infrastructure (CNKI) announced that it will give individuals access to its plagiarism-checking service, a month after receiving an antitrust investigation by the State Administration for Market Regulation (SAMR), as reported by South China Morning Post on June...

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18 May China’s Largest Academic Database CNKI Receives Antitrust Investigation

發表於 18:08 2022-05-18 作者 Jordy Leo

China’s State Administration for Market Regulation (SAMR) launched an antitrust investigation into China’s largest online academic database China National Knowledge Infrastructure (CNKI) on May 13, as reported by South China Morning Post on the same day. The probe came after China’s top research group, the...

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12 Oct SAMR Fines Meituan for RMB3.44bn over Monopolistic Behavior

發表於 14:42 2021-10-12 作者 Helena Zhu

China’s State Administration for Market Regulation (SAMR) fined food delivery giant Meituan [3690:HK] RMB3.44bn (USD533m) for its monopolistic tactic after a six-month investigation, as reported by Caixin on October 8. The fine accounts for 3% of Meituan’s 2020 domestic revenues, which was RMB114.7bn (USD17.8bn). The...

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30 Sep Australian Antitrust Watchdog Calls for New Law to Curb Google’s Dominant Position

發表於 12:51 2021-09-30 作者 Tina Zhang

Antitrust authority Australian Competition and Consumer Commission (ACCC) pointed out that Google is dominant in the Australian advertising supply chain, which hurts the interests of publishers, advertisers, and consumers, according to ABC News on September 29. ACCC accused Google of abusing its first-party data to...

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15 Sep South Korean Antitrust Watchdog Investigates Kakao Mobility and Coupang

發表於 15:17 2021-09-15 作者 曲娜

South Korea’s Fair Trade Commission (KFTC) has commenced investigations into internet group Kakao’s [035720:KS] ride-hailing unit Kakao Mobility and e-commerce giant Coupang [CPNG:US] for their alleged unfair business practices, as reported by the Korea Economic Daily on September 12. To be more specific, taxi driver...

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12 Aug China to Enhance Anti-Monopoly Enforcement under New Development Outline

發表於 16:57 2021-08-12 作者 Edward Chen

The Central Committee of the Communist Party of China (CPC) and State Council on August 11 jointly released an implementation outline for the government’s development under the rule of law for the next five years, as reported by Caixin the next day. The outline underscored...

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08 Jun SAMR Asks Sharing Economy Firms to Standardize Pricing and Competition Practices

發表於 14:19 2021-06-08 作者 Mars Guo

State Administration for Market Regulation (SAMR) held a regulatory meeting and required eight sharing economy companies engaged in bicycle or mobile power bank sharing to standardize pricing and competition practices, as reported by Caixin on June 3. The companies included Alibaba-backed [BABA:US] bike-sharing platform Hellobike,...

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06 May Tencent May Face RMB10bn Anti-Monopoly Penalties by SAMR

發表於 16:46 2021-05-06 作者 Jingyun Liu

Chinese technology company Tencent [0700:HK] may be the next target of the anti-monopoly campaign initiated by the State Administration for Market Regulation (SAMR), as reported by Reuters on April 29. As part of the county’s antitrust clampdown on the domestic internet giants, it is expected...

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29 Apr SAMR Launches Anti-Monopoly Investigation into Meituan

發表於 13:48 2021-04-29 作者 劉寧靜

China’s antitrust watchdog, State Administration for Market Regulation (SAMR), launched an investigation into Tencent-backed [0700:HK] food delivery giant, Meituan [3690:HK], for the internet company’s potential abuse of the market dominance position by forcing vendors into exclusive deals, known as ‘picking one from two’ (POFT), as...

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