Tag: Competition policy
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Google asks court to pause data sharing with rivals, including OpenAI
Background: A High-Stakes Antitrust Dispute In a move that could reshape the competitive landscape for online search and AI services, Google has asked a judge to postpone its obligation to share certain data with rivals, including OpenAI. The request comes amid ongoing proceedings in which the company challenges a ruling that it holds an illegal…
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Treasury must lead a national program to revitalize Australia’s economy, says new think tank
A bold prescription for Australia’s economic revival A new public policy think tank, Policy Institute Australia (PIA), argues that the time has come for the Department of Treasury in Canberra to assume a more assertive, strategic role in steering the nation’s economic future. In its latest policy brief, PIA outlines a plan to fund, coordinate,…
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IIL Acquires Novartis Pharma Pakistan — CCP Approval
Regulatory Green Light: CCP Approves the IIL–Novartis Pharma Pakistan Deal The Competition Commission of Pakistan (CCP) has given its approval for International Investment Limited (IIL) to acquire Novartis Pharma (Pakistan) Limited. This decision marks a significant milestone in Pakistan’s pharmaceutical investment landscape, signaling a careful yet optimistic stance toward consolidation in the sector. Under the…
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23XI and Front Row score federal win as NASCAR dispute persists
Overview: A legal win for 23XI and Front Row In a notable development in the ongoing legal dispute shaping the landscape of American stock car racing, 23XI Racing and Front Row Motorsports secured a federal court victory. The judge granted summary judgment on a key definition: what constitutes the premier category of stock car racing.…
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UK Watchdog Grants Google Special Status in Search, Paving Way for Regulatory Changes
UK CMA Grants Google Strategic Market Status in Search The UK competition watchdog has formally designated Google as holding strategic market status (SMS) in the areas of search and search advertising. The Competition and Markets Authority (CMA) says this status signals that Google possesses enough market power to fall under a heightened regulatory regime designed…