This week's Antitrust and Data Privacy Updates are as below -
Mark Zuckerberg to testify before Federal Trade Commission Over Purchasing Within
Meta Platforms CEO, Mark Zuckerberg, is set to give his testimony in the case initiated by the Federal Trade Commission (FTC). The FTC has raised their objections to the purchase of the Virtual Reality (VR) content-making company, Within Unlimited. FTC argues that if this purchase by Meta is not blocked, it has the potential to create a monopoly in…
This week's Antitrust and Data Privacy Updates are as follows -
Google fined by CCI for Anti-Competitive Practices
In the decision by the Competition Commission of India, passed on 21 October 2022, the antitrust watchdog slapped Alphabet Inc., the parent company of the tech platform Google, with a $162 Million penalty. The CCI adjudged Google to have abused its dominant position in the market, in relation to the Android Platform in the smartphone market. The decision passed by the CCI restrains…
This week’s anti-trust and privacy updates are as follows:
The UK ICO will fine TikTok £27 million for failing to protect children's privacy
TikTok, the viral video sharing app that is especially popular among young people, was found to have failed to safeguard children's privacy from 2018 to 2020, according to a UK ICO inquiry. Given the prolonged term and the seriousness of the crimes, TikTok may be liable for a £27 million punishment if this conclusion holds up. The anticipated…