This week's antitrust and data privacy updates are as below -
Facebook warned by European Commission over Potential Antitrust Breach
The European Commission has issued a warning to the Facebook parent company, Meta, for abuse of its dominant position, and acting in breach of the EU Antitrust Laws. The Commission stated that Meta's actions about its online marketplace for classified advertising by connecting its dominant social network portal, Facebook to the Facebook Marketplace. As per the EC, this does not leave…
This week’s Antitrust and Data Privacy Updates are as below –
5th Edition of the EU-India Competition Week Inaugurated
The 5th edition of the European Union- India Competition Week was inaugurated on Monday by the acting Chairperson of CCI, Sangeeta Verma, and Seppo Nurmi, the Deputy Head of Delegation of the EU to India and Bhutan. As stated by the Deputed Head of the EU delegation, Competition week provides a forum for two major economies to debate antitrust action in digital…
This is a rundown of last week's news updates on Privacy:
Joint Parliamentary Committee submits report on Data Protection Bill
The Joint Parliamentary Committee on Personal Data Protection Bill has submitted its report suggesting several changes including dropping the word “personal” from the name of the Bill to imply that the Bill also deals with non-personal data. The JPC has retained the section that confers the Central Government the power to exempt any government body from the application of the law…
This is a rundown of last week’s news updates on Antitrust:
CCI releases report on pharma sector
Competition Commission of India (CCI) recently released a study on India’s pharmacy sector. The study suggested the creation of a National Digital Drugs Databank for the use of regulators, industry, physicians and consumers with the aim to combat the information asymmetry that prevails in the sector. It also advised online pharmacies to develop self-regulatory mechanisms in the areas of data collecting, usage, sharing, and…
This is a rundown of last week’s news updates on Antitrust:
Google asserts before EU General Court that $5 billion antitrust fine unfounded
Tech giant Google had been fined by the European Commission, the EU’s antitrust regulator, on grounds that it had leveraged its Android operating system to fortify its dominant position in the internet search sector since 2011. Google’s submissions before the five-judge bench of the General Court were that the fine imposed was based on flawed calculations, on the…
Israeli Start-Up Boosted by Investment of USD 109 Million; Pharmaceutical Companies Discuss Antitrust Probe with US; US Lawmakers Looking to Consider Privacy Lapses in Antitrust Cases; German Cartel Office Fines Carmakers Over Antitrust Practices; CCI’s Investigates Price Collusion by Bearings Manufacturers in India; European Union Leads the Way in Global Antitrust Influence and more.
Israeli Start-Up Boosted by Investment of USD 109 Million
Israeli start-up Vayyar, which builds radar-imaging chips and sensors and associated software that effectively detect and track images…
A lot has been discussed and speculated about the referendum “Brexit”. The UK has voted to leave the EU on June 23rd , 2016. This decision will have far reaching effects, including potential effects on intellectual property rights in the UK. June 23rd 2016, will be a landmark date in the European and British history.
Under Article 50 of the Lisbon Treaty, the UK must now notify the European Council of its intention to withdraw from the EU, which will…