Apple gets fined nearly $2 billion by the EU for hindering music streaming competition

LONDON — The European Union leveled its first antitrust penalty against Apple on Monday, fining the U.S. tech giant nearly $2 billion for unfairly favoring its own music streaming service by forbidding rivals like Spotify from telling users how they could pay for cheaper subscriptions outside of iPhone apps. Apple muzzled streaming services from telling … Read more

Mexican regulators tell Amazon to wall off Prime TV, reveal its algorithms and open up delivery

MEXICO CITY — Mexican regulators have ordered online retailers Amazon and Mercado Libre to reveal their algorithms and to wall off TV streaming to avoid stifling competition. Mexico’s Federal Commission on Economic Competition, known by its initials as COFECE, said in a preliminary finding late Tuesday that the two firms control 85% of online sales … Read more