Monopoly

Paytm CEO Posts 'Move on to Signal Now', Says Facebook and WhatsApp Abusing Monopoly

Gopal Sathe | Monday January 11, 2021

Paytm founder Vijay Shekhar Sharma tweeted to tell people to switch to Signal, saying that the market has to let Facebook know not to take its users' privacy for granted.

"Social Media Given Rights To Alter Ours": BJP's Tejasvi Surya On Trump's Ban

India News | Reported by Sanket Upadhyay, Edited by Chandrashekar Srinivasan | Saturday January 9, 2021

Social media platforms like Facebook, which have monopolies over content sharing, have been given "rights to alter our rights", BJP MP Tejasvi Surya told NDTV amid debate - triggered by the permanent suspension of Donald Trump's accounts

Google Hit With Third Antitrust Lawsuit Over Search Monopoly

World News | Agence France-Presse | Friday December 18, 2020

Dozens of US states on Thursday hit Google with its third antitrust suit in as many months, accusing the internet giant of abusing its internet search dominance to eliminate competition.

Facebook Risks Instagram-WhatsApp Breakup in Antitrust Case

David McLaughlin and Erik Larson, Bloomberg | Thursday December 10, 2020

Facebook was sued by US antitrust officials and a coalition of states that want to break up the company by unwinding its acquisitions of Instagram and WhatsApp, deals the government says were part of a campaign to illegally crush competition.

Tata Steel Tests Coking Coal Samples From Russia For Producing Steel: CEO Narendran

Business | Press Trust of India | Sunday November 22, 2020

The development assumes significance in the domestic steel industry as a fruitful result of the experiment would break the monopoly of Australia in coking coal supply to India.

Google Advertising Costs, Not Its Alleged Monopoly, Irks Businesses

Associated Press | Monday November 2, 2020

US Justice Department sued Google on October 20 for anticompetitive behaviour, saying the company’s dominance in online search and advertising harms rivals and consumers. But small businesses say what’s unfair about Google is the way it gives the greatest prominence in search results to the companies that spend the most on advertising.

Big Tech and the Antitrust Probe: Where Things Stand

Agence France-Presse | Wednesday October 21, 2020

A Justice Department official said in announcing the Google lawsuit that the agency's review of internet platforms is ongoing. The combined value of Amazon, Apple, Facebook and Google based on share price has more than tripled during the past five years to more than $5.4 trillion and the companies are weathering the economic impact of the pandemic ...

iPhone Users Won't Get Fortnite Updates as Epic Games Takes Stand on Direct Payment Feature

Reuters | Thursday August 27, 2020

Fortnite will not get updates on iPhones after Epic Games decried Apple’s App Store "monopoly" and said it will not remove a direct payment feature it recently enabled.

Fortnite Maker Epic Games to Test Idea of iPhone as Market Unto Itself in Lawsuit

Reuters | Monday August 17, 2020

Fortnite maker Epic Games has launched the most significant effort yet to advance the legal theory that Apple's iPhone ecosystem has become so "sticky" that it is a distinct software market over which Apple exercises monopoly power.

US Antitrust Regulator May Question Facebook Chief: Report

World News | Agence France-Presse | Saturday July 18, 2020

US regulators may question Facebook chief Mark Zuckerberg and his right-hand executive to determine if the social network has broken monopoly laws, according to a Wall Street Journal report Friday.

"Nationalism Not BJP's Monopoly": Congress Hits Back After Row Over China

India News | Edited by Divyanshu Dutta Roy | Thursday June 11, 2020

The Congress on Wednesday asked Prime Minister Narendra Modi how much of India's land had been occupied by the Chinese army and what he was doing to remove them from the Indian territory as it hit back at the government for dodging real questions with political brick-batting.

Elon Musk Calls for Breakup of Amazon, Says 'Monopolies Are Wrong'

Reuters | Friday June 5, 2020

Telsa CEO Elon Musk on Thursday called for Amazon.com to be broken up, after an author complained on social media about being unable to self-publish a book via the world's largest online retailer.

Coal India Falls Nearly 6% After Government Opens Up Dry Fuel Mining Sector

Business | Edited by Peter Noronha | Monday May 18, 2020

Coal India Share: Nirmala Sitharaman on Saturday announced commercialisation of coal and an end to the governmental monopoly in the coal sector.

10 Takeaways From Nirmala Sitharaman's Announcements For Defence, Aviation

India News | Edited by Chandrashekar Srinivasan | Saturday May 16, 2020

Finance Minister Nirmala Sitharaman detailed reforms to eight sectors today in the fourth tranche of announcements related to the government's Rs 20 lakh crore package for the coronavirus-hit Indian economy. Among today's big-ticket measures were a 25 per cent increase in FDI in the defence sector and removal of government monopoly on coal mining. ...

"It's Good To Be Queen": Preity Zinta Shares Her Victory Moment After Playing Monopoly With Family

Entertainment | Thursday April 23, 2020

The actress used plastic handcuffs for players sent to jail in the game