Antitrust
Total 43 Posts
China Fines Travel Agent Over $700 Million in Major Anti-Monopoly Crackdown
Last month, Chinese antitrust regulators fined online travel giant Trip.com Group nearly 5.2 billion yuan ($765 million) for abusing its market dominance, a milestone in China's effort to address unfair and "involutionary" competition.
Chinese Container Makers Face U.S. Antitrust Indictment
The U.S. Justice Department has indicted four Chinese container manufacturers and seven of their executives in what it called a global price-fixing and production-restriction scheme that inflated shipping container prices and affected U.S. commerce during and after the COVID-19 pandemic.
Apple Cuts App Fees in China Amid Anti-Monopoly Campaign
Apple has recently agreed to cut the commissions it charges app developers in mainland China after talks with regulators, making a concession and easing mounting pressure and an antitrust threat.
Beijing Starts Antitrust Investigation on Qualcomm
Last week, China announced an antitrust investigation into Qualcomm. The probe marks the latest escalation in regulatory scrutiny against a major American technology firm and renews concerns over geopolitical risks.
China Preliminarily Finds Nvidia Violates Antitrust Law
Earlier this week, China's market regulator announced that it had launched an in-depth investigation into U.S. tech company Nvidia, after a preliminary finding that the company violated China's anti-monopoly laws.
China Approves Synopsys Deal With Strings Attached
Earlier this month, China's market regulator conditionally approved a $35 billion acquisition by one U.S. company, Synopsys, of another, Ansys. The findings and conditions are summarized below.
China Suspends DuPont Antitrust Probe
Yesterday, China's State Administration for Market Regulation (SAMR) announced that it had suspended the antitrust investigation into DuPont China, a subsidiary of the U.S. firm DuPont. The move is seen as a goodwill gesture ahead of next week's trade talks.