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uk regulator joins antitrust fight against google

2024-09-11

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03:11
new zealand energy competition task force plans to adopt eight measures to strengthen competition in the electricity market
it is reported that the outline of the work plan of the newly established energy competition task force in new zealand has been announced, aiming to strengthen the supervision of competition in new zealand's electricity market. the task force includes regulatory and competition experts from the commerce commission, the power authority and the ministry of business, innovation and employment. dr. john small, chairman of the commerce commission, pointed out that the recent fuel shortage incidents have fully exposed the urgency of strengthening supervision, which will help new power generators and independent retailers to participate in market competition fairly. the task force believes that the most important task at present is to introduce new competitors, especially to accelerate the construction of new power plants to ensure power supply security. at the same time, the commerce commission is exploring the optimization of wholesale contracts to promote investment in solar and wind power generation. another focus is on regulatory reform to increase market participation and selectivity of electricity end users, thereby optimizing electricity use and reducing electricity bills. the task force also studied providing additional incentives for distributors to reduce demand pressure during peak hours and avoid over-investment in network infrastructure in the short term. the task force has put forward a total of eight initiatives to promote market competition and enhance energy security.
u.s. regulators approve blackrock's $12.5 billion acquisition of global infrastructure partners
it is reported that the us federal energy regulatory commission has officially approved the acquisition of global infrastructure partners by global asset management giant blackrock for up to us$12.5 billion. global infrastructure partners is a professional institution focusing on infrastructure investment, and its investment areas include energy, transportation, digital infrastructure, water and waste management and other key areas.
uk regulator joins antitrust fight against google
it is reported that several antitrust regulators have joined the review of google's digital advertising practices, which has aroused public concerns about its dominance in the digital advertising technology market. the uk competition and markets authority (cma) issued a statement on friday, accusing google of abusing its market dominance and stifling competition in the uk digital advertising market. the cma's investigation focuses on three key parts of google's advertising technology infrastructure: the advertising exchange (adx), the ad server (formerly doubleclick for publishers), and the purchasing platforms google ads and dv360. the cma believes that google has restricted market competition by manipulating these systems, putting other competitors at a disadvantage. under the strict regulatory pressure from global regulators, the scrutiny facing google will continue.
china youth daily and china youth network reporter li ruoyi and correspondent wang xuan
source: competition policy and evaluation center of the state administration for market regulation
(source: china youth daily client)
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