Not out to destroy Syed Mokhtar's empire, Anwar says on rice import monopoly
The prime minister says he had a good discussion on the matter with Syed Mokhtar Al-Bukhary and that the situation should not be politicised.
Telco giants seeking majority stake in state 5G agency, document shows
Celcom Axiata Bhd, DiGi Telecommunications, Maxis Bhd and U Mobile also want a review of the pricing model and network access plan offered by Digital Nasional Bhd, according to the May 9 letter.
China fines food delivery giant Meituan for monopolistic behaviour
Meituan has been under fire since market regulators launched an investigation into the group in April, with particular scrutiny paid to the working conditions of its millions of delivery drivers.
‘Brick wall’: Deadlocked efforts to regulate Facebook
Reducing Facebook's economic power and overseeing its moderation policy are the two main issues for US elected officials keen on technology regulation.
South Korea bans app payment monopolies in world first
The Korean law will offer users a choice of app payment providers, allowing them to bypass charges set by the store owner.
Chinese ride-hailing giant Didi facing probe ahead of US market listing
In recent months, Beijing has been clamping down on the country's internet giants for wielding too much power.
China hits Alibaba with record US$2.78 billion fine for market abuses
Alibaba has accepted the penalty and pledged to outline plans for bringing its operations in compliance.
China’s tech titans face new anti-monopoly crackdown
Alibaba alone boasts nearly 900 million mobile monthly active users – more than half of China's population.
US suing Google in biggest antitrust case in decades
It could force changes in business practices or break off segments of the Google empire.