New owner. Big plans. Acquisition-hungry The Ardent Companies has completed the takeover of Touchwood shopping centre in Solihull, West Midlands, from Lendlease Retail Partnership, for an undisclosed sum.
The U.S. House Judiciary Committee will vote next week on a package of recently introduced antitrust bills including several targeting the market power of Big Tech, committee chair Jerry Nadler said on Wednesday.
A U.S. senator on Thursday slammed American companies, including Amazon and Nike, for turning a blind eye to allegations of forced labour in China, arguing they were making US consumers complicit in repressive policies.
Lawmakers in the House of Representatives are working on drafts of five antitrust bills, four of them aimed directly at reining in Big Tech, and may introduce them within days, according to three sources.
Draft rules aimed at reining in the power of Facebook, Google, Amazon, and Apple should only target these U.S. tech giants, a leading EU lawmaker said, signalling a tougher stand than EU antitrust regulators.