Business

Google agrees competition, privacy pledge over online ads

Britain on Friday said it had accepted changes proposed by Google to address competition and customer privacy concerns linked to online advertising, with the US tech giant vowing to apply them globally.

Business

EU watchdog clears Facebook's purchase of Kustomer startup

European Union regulators have approved Facebook parent Meta's purchase of customer service startup Kustomer, after the social network made concessions to ease concerns the deal would squeeze out rivals.

Business

UK antitrust watchdog investigates Microsoft's Nuance deal

British antitrust regulators are opening an investigation into Microsoft's $16 billion acquisition of speech recognition company Nuance in the latest sign they're tightening scrutiny of big technology deals.

Business

UK competition watchdog orders Facebook to sell off Giphy

The United Kingdom's antitrust watchdog has blocked Facebook's acquisition of Giphy and ordered the social network to sell off the GIF-sharing platform, saying the deal hurts social media users and advertisers by stifling ...

Business

From crypto to COVID: Why auction prices are rocketing

From Albert Einstein's notes to a record-breaking Frida Kahlo to a 6.6-million-euro triceratops—auction houses have lately seen a string of record-breaking items going under the hammer and through the roof.

Business

Italy hits Amazon, Apple with 200 mn euro antitrust fine

Italy's competition watchdog imposed fines totalling over 200 million euros ($225 million) on Amazon and Apple Tuesday in the latest action taken against US tech giants in Europe over their business practices.

Business

UK orders national security review of NVIDIA deal to buy Arm

American technology company NVIDIA's planned $40 billion takeover of British chip designer Arm Ltd. faces months of delays after the U.K. government asked competition regulators Tuesday to investigate the national security ...

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Competition

Competition is a contest between individuals, groups, animals, etc. for territory, a niche, or a location of resources. It arises whenever two and only two strive for a goal which cannot be shared. Competition occurs naturally between living organisms which co-exist in the same environment. For example, animals compete over water supplies, food, mates, and other biological resources. Humans compete for water, food, and mates, though when these needs are met deep rivalries often arise over the pursuit of wealth, prestige, and fame. Business is often associated with competition as most companies are in competition with at least one other firm over the same group of customers.

This text uses material from Wikipedia, licensed under CC BY-SA