On Competition photograph

On Competition

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Originally published 1998
Authors Michael Porter
Date of Reg.
Date of Upd.
ID2121665
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About On Competition


Google monopoly trial: Is the US losing the fight against Big Tech?

Google monopoly trial: Is the US losing the fight against Big Tech?
Sep 11,2023 11:31 pm

... " It s the anti-trust monopolisation trial of a generation, " says Bill Baer, visiting fellow at the Brookings Institution and a former government attorney working On Competition issues, known as anti-trust in the US...

Microsoft makes new deal to buy Call of Duty giant

Microsoft makes new deal to buy Call of Duty giant
Aug 22,2023 3:21 am

... " We will carefully and objectively assess the details of the restructured deal and its impact On Competition, including in light of third-party comments, " she said...

Simon & Schuster: Publisher to be sold for $1. 6bn

Simon & Schuster: Publisher to be sold for $1. 6bn
Aug 7,2023 7:31 pm

... Author Stephen King was among the big names to testify against the sale on behalf of the US government, which has taken a harder line On Competition under US President Joe Biden...

Microsoft-Activision: US regulator to appeal against $69bn gaming deal ruling

Microsoft-Activision: US regulator to appeal against $69bn gaming deal ruling
Jul 13,2023 2:40 am

... EU regulators have approved the deal, saying that Microsoft had addressed their concerns On Competition issues...

Microsoft's Activision takeover approved by EU after UK veto

Microsoft's Activision takeover approved by EU after UK veto
May 15,2023 11:00 am

... The European Commission (EC) said Microsoft had addressed their concerns On Competition issues...

Scarlet fever: Mother's terror after late-night antibiotic search

Scarlet fever: Mother's terror after late-night antibiotic search
Dec 13,2022 4:40 am

... " We rely On Competition to drive down the prices of generic medicines which generally results in lower prices for the NHS - this means prices can fluctuate, but no company should use this as an opportunity to exploit the NHS...

Taylor Swift ticket sales cancelled amid high demand

Taylor Swift ticket sales cancelled amid high demand
Nov 17,2022 4:41 pm

... " Ticketmaster s excessive wait times and fees are completely unacceptable, as seen with today s @taylorswift13 tickets, and are a symptom of a larger problem, " wrote congressman David Cicilline, who oversees the House committee On Competition and anti-trust...

Cost-of-living payments branded insufficient as energy bills soar

Cost-of-living payments branded insufficient as energy bills soar
Jul 26,2022 7:20 am

... It said there was too much focus On Competition instead...

Simon & Schuster: Publisher to be sold for $1. 6bn

Apr 29,2022 3:50 pm

By Natalie ShermanBusiness reporter, New York

Publishing giant Simon & Schuster is to be sold to a private equity giant for $1. 6bn (£1. 27bn) in cash.

The Deal with investor KKR marks the likely end of a years-long saga for owner Paramount Global, which had been looking for a buyer for The Book company since 2020.

Competition concerns had scuppered a previous deal, which valued The Firm at More Than $2bn.

KKR said the publisher would continue to operate independently.

Simon & Schuster, founded in the US in 1924, employs More Than 1,600 people globally.

Its First Book was filled with crossword puzzles. Titles released since include Dale Carnegie 's How To Win Friends and Influence People; Joseph Heller 's military satire Catch-22 and best-selling mysteries by Stephen King .

KKR, which counts digital books platform Overdrive among its earlier investments, said it saw an opportunity to expand The Company 's distribution " across mediums and markets".

It said it would also create a plan to provide employees shares of The Firm , to help create an " ownership culture".

Simon & Schuster is The Fourth largest of the US's " big five" publishing companies, which also include HarperCollins, Hachette Book Group USA, Penguin Random House and Macmillan Publishers .

A tentative deal to sell The Company to Penguin Random House for $2. 2bn.

A US judge ruled in favour of the US government, which had attempted to block the takeover, arguing that the tie-up would reduce pay and opportunities for writers.

Author Stephen King was among the big names to testify against the sale on behalf of the US government, which has taken a harder line On Competition under US President Joe Biden .

But on Monday, The Boss of Paramount Global, Bob Bakish, said in a statement that The Money raised by Simon & Schuster's sale would give the entertainment firm greater " financial flexibility".

It will also boost The Cash available for content on its streaming service Paramount+ as competition from the likes of Disney and Netflix shows no sign of slowing.

On Monday, Paramount reported sales of $7. 62bn in the three months to 30 June - Down compared to $7. 8bn in the same period a year before.

It reported an overall loss after ad sales at its TV networks fell by 10% and The Firm couldn't follow up with a film that was as big as Top Gun : Maverick Last Year .

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Source of news: bbc.com

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