China is preparing an antitrust probe into ― Google - Enjoy this Awesome Report

China is preparing an antitrust probe into ― Google

Google to invest $10bn in India, as it becomes investment destination in pandemic

China is preparing to launch an antitrust probe into Google, looking into allegations it has leveraged the dominance of its Android mobile operating system to stifle competition, two people familiar with the matter said.

The case was proposed by telecommunications equipment giant Huawei last year and has been submitted by the country’s top market regulator to the State Council’s antitrust committee for review, they added.

A decision on whether to proceed with a formal investigation may come as soon as October and could be affected by the state of China’s relationship with the US, one of the people said.

ALSO READ: How my mum died on my father’s birthday, Davido reveals

The potential investigation follows a raft of actions by US President Donald Trump’s administration to hobble Chinese tech companies, citing national security risks.

This has included putting Huawei on its trade blacklist, threatening similar action for Semiconductor Manufacturing International Corp (better known as SMIC) and ordering TikTok owner ByteDance to divest the short-form video app.

It also comes as China embarks on a major revamp of its antitrust laws with proposed amendments including a dramatic increase in maximum fines and expanded criteria for judging a company’s control of a market.

TechCentral

Vanguard

The post China is preparing an antitrust probe into ― Google appeared first on Vanguard News.

Tyranny of God

Comments

Post a Comment

Popular posts from this blog

Keystone Bank partners NCF on tree planting campaign - Enjoy this Awesome Report

Image
Keystone Bank KEYSTONE Bank Limited has partnered with the Nigerian Conservation Foundation (NCF) on a tree planting campaign in Lagos State. The trees are expected to absorb carbon dioxide in the environment and create an ecosystem that will help to reduce pollution. The bank in a statement said the campaign was to support ongoing global efforts  to ensure sustainable cities and communities under the Sustainable Development Goal (SDG) 11 of the United Nations (UN). Speaking on the campaign in Lagos recently, Mr. Adeyemi Odusanya, an Executive Director of the bank, said some staff members of Keystone Bank recently visited the NCF office in Lagos to plant some Mahogany trees. READ ALSO: More Chinese cities shut down as virus death toll rises He said the objective was to further the operations of the bank with the Sustainable Development Goals, adding that under the arrangement, NCF will nurture the plants to maturity. Under the SDG 11 of Sustainable Cities and Communities, citie
Read more

Death toll rises to 39 after earthquake in western Turkey - Enjoy this Awesome Report

Image
At least 39 people have died after a major earthquake struck western Turkey, President Recep Tayyip Erdogan said, adding that as many as 103 survivors have been freed from collapsed buildings. A total of 885 people were hospitalized, 667 of whom have already been dismissed, Erdogan told reporters in Turkey’s third-largest city, Izmir, where a 6.6-magnitude earthquake destroyed nearly 20 buildings and triggered a sea surge. Around 3,000 tents have been set up, while student dormitories are ready to host locals who must stay away from damaged buildings, Erdogan said. The Turkish president thanked world leaders for messages of solidarity, adding that over 90 countries have shared condolences. More than 30 hours into operations, as many as 5,000 rescue workers were still searching for signs of life under the rubble of at least nine collapsed buildings in central Izmir on Saturday, the state-run broadcaster TRT showed. On top of an eight-storey Riza Bey apartment block in Bayrakli dis
Read more

2021 Hajj: Kwara Muslim Pilgrims Board begins preparations - Enjoy this Awesome Report

Image
The Kwara Muslim Pilgrims Welfare Board has said that preparations for the 2021 Hajj operation for intending pilgrims willing to travel with the board will commence on September 7. Alhaji Mohammed Tunde-Jimoh, the Executive Secretary of the board, said this in an interview with the newsmen in Ilorin recently. Tunde-Jimoh said the board had mapped out a strategy to ensure a hitch-free Hajj for intending pilgrims for the 2021 holy pilgrimage to Saudi Arabia. He said that only 100 of 1,800 intending pilgrims, who paid their Hajj fare for the aborted 2020 Hajj, had so far requested for refund. He assured that the remaining 1,700 who rejected refund would first be considered in the 2021 Hajj operation. “Intending pilgrims for 2020 Hajj, who did not collect their money had taken the right decision. “This is because Saudi Authorities may reduce the number of intending pilgrims and the board will first treat those that left their fare with us,” he said. The executive secretary of the
Read more