Monopolies

Platform News: Alibaba online marketplace

Alibaba CEO says China’s draft anti-monopoly rules ‘timely and necessary’

China’s move to draft rules aimed at preventing monopolistic behaviour by online platforms is timely and necessary, Alibaba Group CEO Daniel Zhang has said.

Platform Industry: Tesla's Elon Musk

Tesla’s Elon Musk calls for breakup of Amazon in tweet

Tesla and SpaceX CEO Elon Musk has 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...

Hotel and Motel

Russia’s FAS launches investigation into Booking.com

Russia’s Federal Anti-monopoly Service has opened an investigation into the popular hotel reservation website Booking.com, the regulator said on the 30th December.

European Parliament

EU regulators to review rules defining companies’ market power

European Union regulators will review two-decade old rules that determine if companies have the market power to throttle rivals or control prices to take into account globalisation...