Ethylene cartel damage claims now top €10 billion, Westlake says
May 07, 2026
| Lewis Crofts
The financial exposure damage claims for ethylene purchasers is on the rise, according to Westlake, which said it now faced over €10 billion plus interest in lawsuits. In February, it put the number €8.7 milli... (more story)
Google might be 'locking up' AI market, senior Microsoft executive says
May 07, 2026
| Jean Comte
Google has the capacity to "entrench itself again at the heart of the AI ecosystem in a way that causes significant harm to the whole ecosystem," Nicholas Banasevic, a Microsoft vice-president, said on Thursda... (more story)
Brazil's CADE to rule on Big Tech gun-jumping cases, others
May 07, 2026
| Henrique Santiago
MLex Summary: The Administrative Council for Economic Defense (CADE) is set to vote on May 13 on five Big Tech gun-jumping investigations. The agenda includes separate cases involving Google–Character Technolo... (more story)
IMG, Italy’s football league, clubs settle damages claims over media-rights cartel
May 07, 2026
| Anna Ferrari
US sports rights company IMG, Italy’s Serie A football league and 18 clubs have settled damages claims linked to a media rights bid-rigging case, according to a US filing. The litigation followed a 2019 Italia... (more story)
Antitrust lawyers told Mastercard to revise deal wordings, Australian court hears
May 07, 2026
| Saloni Sinha
External legal advice to Mastercard suggested the company should frame termination rights around transaction targets rather than merchant “routing” in agreements, according to evidence aired in an ongoing Aust... (more story)
In Epic Games-Apple case, Australian watchdog backs broad injunctions
May 07, 2026
| Sean Maguire
Australia's competition watchdog said Apple should be compelled to make its software available to developers for rival app stores and that national competition laws may apply outside Australia. The Australian ... (more story)
Taiwan antitrust chief warns against using profit margins to infer Big Tech dominance
May 07, 2026
| MLex Staff
Taiwan’s top antitrust official warned against mechanically using profit margins or capital advantages to infer market dominance in digital markets, saying that such an approach could mischaracterize lawful co... (more story)
South Korea's pallet oversupply fuels collusion among smaller manufacturers
May 07, 2026
| Wooyoung Lee
More than a dozen South Korean pallet makers have been fined a combined 11.7 billon won ($8 million) for rigging bids and engaging in collusive schemes to avoid price competition. The Korea Fair Trade Commissi... (more story)