Antitrust


Policy

Luxembourg Antitrust Authority to Probe Blockchain, Web3 Competition

A market study looking into anti-competitive practices against Web3 projects may be the first of its kind, an expert tied to the project told CoinDesk.

Luxembourg will probe competition in Web3. (djedj/Pixabay)

Policy

Metaverse Competition Issues Need Addressing, EU Antitrust Chief Says

The European Commission is set to produce a strategy for online virtual worlds in May.

Margrethe Vestager. (Thierry Tronnel/Corbis via Getty Images)

Finance

Bernstein: Binance-FTX Deal May Attract Antitrust Regulators’ Attention

The combined company would have a more than 80% share of the global crypto market, a report from the firm said.

European antitrust regulators may be interested in Binance's proposed acquisition of FTX. (Shutterstock)

Policy

FTX, Binance Deal Draws Antitrust Concern

Regulators have tough powers to stop mergers that quash competition

FTX CEO Sam Bankman-Fried and Binance CEO Changpeng "CZ" Zhao (CoinDesk)

Policy

EU Antitrust Officials Are Worried About Competition in the Metaverse

The European Commission is concerned that a company like Facebook parent Meta Platforms could dominate the market, hurting consumers.

EU officials worry a big tech giant like Meta Platforms could choke metaverse competition. (MR.Cole/Getty Images)

Policy

EU Passes Law to ‘Rein In’ Big Tech’s Domination Over Smaller Players

Companies such as Google, Apple, Amazon and Meta could face fines as high as 20% of turnover as the EU seeks to stop “gatekeepers” curbing competition from smaller players.

Margrethe Vestager and French Minister Cédric O in negotiations Thursday (French Economics Ministry)

Markets

Canada CBDC 'Probably Necessary' for Competition, Central Bank Says in Paper

The authors argue a central bank digital currency will likely be positive for Canadians, breaking monopolies in big tech and traditional finance.

Bank of Canada

Policy

Visa Abandons $5.3B Acquisition of Plaid Over DOJ Antitrust Concerns

The Department of Justice announced Tuesday the deal is off.

Visa HQ

Markets

Visa’s Planned $5.3B Purchase of Fintech Firm Plaid Challenged by US DOJ

The Justice Department alleges Visa’s acquisition of Plaid would eliminate competition in the online debit market, leading to higher prices.

Visa

Markets

‘Google Is One of the Most Important Antitrust Cases of All Time,’ With Matt Stoller

The author of “Goliath” gives his take on the history of American antitrust politics and what it means for the just-announced Google case.

Breakdown 10.22

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