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US regulatory authorities may begin investigation regarding the largest high-tech companies in the United States that are suspected of violating antitrust laws, media reports say, referring to informed sources. The Department of Justice is expected to check Google and Apple, and the FTC will begin an investigation of Facebook and Amazon. The Legal Committee of the House of Representatives of the United States Congress, which will verify information that control over the main channels of commerce, content and communications on the Internet is carried out by leading companies in this area, announced its intention to investigate the state of competition in digital markets.
On Friday, Axios Media Inc. reported a document acquired by tech watchdog group Tech Transparency Project which indicates that multiple U.S. states were investigating Apple (AAPL) due to deceptive trade practices. According to the report, ...
Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Tuesday that the central bank is ready to roll out additional measures to soften the economic impact of the COVID-19 pandemic. The announcement still maintained a bleak outlook even after ...
The dollar rose against the currencies of oil producers on Thursday as a bounce in oil prices partly calmed investors amid a collapse in global demand. The euro steadied against the dollar and the pound ahead of an EU meeting on economic response ...
The British pound will have recovered its losses against the dollar in a year. However, analyst forecasts a month ago were cut as the coronavirus continues to create chaos. The pound declined in recent weeks as concerns about the pandemic’s ...
Asian stocks managed to find its momentum on Tuesday as U.S. Federal Reserve’s funding plan temporarily relieved market sentiment from pressing losses in financial markets. However, the said scheme seemed inadequate in addressing the ...
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