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Qantas mistakenly sells first-class flights at a massive discount

Qantas said the prices were "too good to be true" and, as a gesture of goodwill, has offered to reb…

Mia Jankowicz   


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Xiaomi and Samsung accused of colluding with Amazon and Flipkart

The Competition Commission of India (CCI), the antitrust watchdog in the country has reportedly acc…

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Deal with Disney marks new era in India's entertainment industry, says Mukesh Ambani

Welcoming Disney to the Reliance family, Ambani said just like Jio and the Retail business, the exp…

PTI   


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Competition Comm to conduct detailed study on AI; invites proposals from entities

Issuing the Request for Proposal (RFP) document to engage an agency/institution for conducting …

PTI   


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1 min read

Samsung fined $14 million for misleading advertisements about water-resistance

According to GizmoChina, the fine relates to a 2019 investigation of Samsung after it released s…

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1 min read

Australians lose a record $3.1 billion to financial scams in 2022 says consumer commission report

Australians were scammed out of billions of dollars in 2022, a report released on Monday revealed. …

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3 mins read

Time to hang my boots says Deepak Parekh in his last letter to HDFC shareholders

HDFC Chairman Deepak Parekh expressed confidence that the reverse merger between HDFC Bank and its …

PTI   


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Home prices could go down now that the biggest group of real-estate agents agreed to lower commissions

The National Association of Realtors said it would pay $418 million in damages to settle lawsuits t…

Grace Eliza Goodwin   


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Apple has been hit with a fine of nearly $2 billion by the European Commission over music-streaming restrictions

Apple has been hit with a fine of 1.8 billion euros, or about $1.95 billion, over restrictions on m…

Jyoti Mann   


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Airbnb was fined over $10 million for charging Australian users in US currency

Airbnb was fined after customers were led to believe they would be charged in Australian dollars bu…

Samantha Grindell   


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4 mins read

Competition Commission gives conditional approval to Sony-Zee merger deal

Updating with statements from Zee and Sony, details) New Delhi, Oct 4 (PTI) The Competition Commi…

PTI   


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6 mins read

The ₹1,338 crore fine is just the tip of the iceberg as CCI orders Google to take several measures to curb its anti-competitive behavior

The Competition Commission of India has imposed a penalty of 1,338 crore on Google for abusing its …

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CAIT lauds CCI's raid on Amazon sellers Cloudtail, Appario

It is a much awaited welcome step of CCI which will surely vindicate the substance of various compl…

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The Sherman Antitrust Act is the first in a line of federal laws protecting consumers from unfair prices

The Sherman Antitrust Act is the first of three major antitrust laws designed to stop anticompetiti…

Coryanne Hicks   


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Qantas Airways sold thousands of seats for flights it had already canceled, consumer group alleges in new lawsuit

The lawsuit was brought by the Australian Competition and Consumer Commission, which promotes marke…

Sebastian Cahill,Azmi Haroun   


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6 mins read

What are antitrust laws? Understanding the legislation designed to protect consumers and maintain competition

Antitrust laws work to protect consumers and maintain free and open markets based on competition. L…

Melanie Lockert   


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Shona Ghosh   


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The Federal Trade Commission Act sets the guidelines underpinning the FTC's consumer-protection enforcement

The FTC established the Federal Trade Commission, which protects consumers against unfair and decep…

Jake Safane   


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3 mins read

Microsoft's $68.7 billion Activision takeover blocked by UK competition regulator

The blockbuster deal would see Microsoft control the developer behind popular game franchise "Call …

Hasan Chowdhury   


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Aria Yang