Antitrust

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

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

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

FTX CEO Sam Bankman-Fried and Binance's Changpeng Zhao tweeted the news on Tuesday. (CoinDesk)
FTX, Binance Deal Draws Antitrust Concern
Regulators have tough powers to stop mergers that quash competition
FTX CEO Sam Bankman-Fried and Binance's Changpeng Zhao tweeted the news on Tuesday. (CoinDesk)

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

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

Bank of Canada
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

Visa HQ
Visa Abandons $5.3B Acquisition of Plaid Over DOJ Antitrust Concerns
The Department of Justice announced Tuesday the deal is off.
Visa HQ

Visa
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

Breakdown 10.22
‘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