The Italian Antitrust Authority has opened an investigation into Shein, the fast fashion giant, over concerns related to the environmental sustainability claims presented on its Italian website. According to ANSA, the authority raised concerns about potentially misleading or incomplete promotional messages on Shein’s website, which could mislead consumers regarding the…

Google has filed an antitrust complaint with the European Commission, accusing Microsoft of using unfair licensing terms to dominate the cloud computing industry. The tech giant’s complaint, submitted on Wednesday, alleges that Microsoft is stifling competition by using restrictive contracts to lock clients into its Azure cloud infrastructure. According to CNBC,…

Meta Platforms, the parent company of Facebook, has announced that it will not immediately join the European Union’s voluntary AI Pact, which aims to guide companies in preparing for the upcoming AI regulations. According to a Meta spokesperson, the company is currently focused on ensuring compliance with the European Union’s…

The U.S. Department of Justice (DOJ) has filed a lawsuit against Visa, accusing the payment giant of engaging in anticompetitive practices to maintain its dominance in the debit card market. According to Reuters, the lawsuit claims Visa suppressed competition by threatening merchants with high transaction fees and offering financial incentives…

Deutsche Boerse and Nasdaq have come under scrutiny as the European Union (EU) launches an investigation into potential antitrust violations within the financial derivatives sector, according to Reuters. On Tuesday, Deutsche Boerse, the German stock exchange operator, confirmed that its offices had been searched as part of the investigation. A…

In an open letter coordinated by Meta and endorsed by Ericsson, SAP, Spotify, and 56 other companies, leading tech firms have called on the European Union (EU) to create a more cohesive and efficient regulatory framework for artificial intelligence (AI). The letter, which appeared as an advertisement in the Financial Times,…

Google is once again facing regulatory pressure in the United Kingdom, as the nation’s competition watchdog raises concerns over the company’s approach to handling third-party cookies within its Chrome browser. The Competition and Markets Authority (CMA) expressed reservations on Tuesday, stating that “concerns remain” regarding Google’s revised plans to retain…

According to TechCrunch, a newly released report by the Federal Trade Commission (FTC) reveals the extent to which social media and streaming platforms gather and monetize user data, although many of the findings are unlikely to surprise those familiar with the industry. The report serves as a foundational document, paving…