The Singapore High Court on Thursday convicted Malaysian businessman and woman, John Soh Chee wen and Quah Su-Ling for market manipulation and cheating offences that led to the 2013 penny-stock crash. Chee Wen and Su-Ling carried out manipulative trades by using 187 trading accounts to artificially inflate the share prices of several penny stocks, which […]
The agreement introduced gatekeeper platforms, which would function as sanctions on the digital economy from market dominance constituting EU competition law breaches. Previously, lengthy antitrust cases would occur due to the lack of sanctions in legislation, and therefore the change in the Digital Markets Act would provide “more choice for consumers.” Companies such as Meta […]
The bill, “On Virtual Assets,” was initially developed as a joint effort from Ukraine’s Ministry of Digital Transformation and industry representatives. Since then, Ukrainian government and nongovernmental organizations have raised $63.8 million, through more than 120,000 cryptocurrency donations, according to a leading cryptocurrency compliance firm Elliptic. The website lists the 13 different cryptocurrencies the country […]
The complaint claimed that since Google enjoys a dominant position in the news aggregation service market, the engine’s algorithms determine which news websites are discoverable through search. With regard to the sharing and distribution of such revenue between news publishers and Alphabet Inc., DNPA argued that such absence of transparency also extends to the basis […]
The German competition regulator Bundeskartellamt Wednesday published a decision determining that Google fulfills the criteria for companies having paramount significance for competition across markets. It holds more than 80 percent of the market shares for general search services in Germany and is the primary search advertising provider. This is a very important step since based […]
The most recent deal listed is a 2021 agreement between Baidu and Chinese automaker Zhejiang Geely Holdings for creating a vehicle company for new energy. The tech companies have yet to appeal this decision. Earl Warren, the Chief Justice of the Supreme Court, was later tasked with leading a commission to investigation the assassination. …Read […]