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Recent Editions
Risk Channel
North America
The Competition Commission of India (CCI), India's antitrust watchdog, has told a court that a 2024 law used to calculate fines on the basis of a company's global turnover will discourage breaches by multinationals. In November, Apple asked judges in New Delhi to strike down the law, which could also have implications for other foreign companies facing antitrust scrutiny, including Pernod Ricard, Publicis and Amazon. The law "aligns Indian competition law enforcement with established international practice," the CCI said, adding "This approach ensures that penalties retain real deterrent value in complex, digital and cross-border markets, rather than becoming nominal or easily absorbable for large multinational players."
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Risk Channel
UK/Europe
US tech giants including Alphabet's Google, Meta Platforms, Microsoft and Amazon will not face heavy-handed regulations in Europe's forthcoming rule revamp known as the Digital Networks Act, which aims to boost the region's competitiveness and investments in telecoms infrastructure, sources say. "They will be asked to cooperate and discuss voluntarily, moderated by EU telecoms regulators' group BEREC. There will be no new obligations. It will be a best practices regime," one of the people said. EU tech chief Henna Virkkunen will present the rule overhaul on January 20.
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