The Competition Commission of India launches an antitrust probe into Flipkart and the Indian subsidy of Amazon, alleging that they were promoting certain sellers at the expense of smaller merchants.
German anti-trust regulator Federal Cartel Office launches an investigation into Amazon and Apple for potentially breaking competition laws, by having the former being the exclusive distributor for the latter's dealerships online.
The Indian government asks e-commerce platforms such as Amazon and Flipkart to display the country of origin on new products listed by sellers on their sites by August 1 and items that were already being sold by October 1 without stipulating a mandatory deadline. The move comes during heightened tensions between India and China following the 2020 China–India skirmishes and a campaign to boycott Chinese-origin products in India.
Halliburton Co. and Baker Hughes Inc., the second- and third-largest oilfield service firms, announce the cancellation of their $28 billion merger which has faced opposition from U.S. and European antitrust regulators. Halliburton will reportedly have to pay Baker Hughes a $3.5 billion termination fee if the deal is called off. [https:--www.bloomberg.com-news-articles-2016-05-01-halliburton-baker-hughes-said-to-call-off-28-billion-merger (Bloomberg)] [https:--www.reuters.com-article-us-bakerhughes-m-a-halliburton-idUSKCN0XS1KW?il=0 (Reuters)], [http:--finance.yahoo.com-news-halliburton-baker-hughes-announce-termination-000000573.html (Business Wire via Yahoo! Finance)]date=May 2020
The U.S. Federal Trade Commission files an anti-trust suit against Endo Pharmaceuticals, Inc., and several other drug companies for using pay-for-delay settlements to block consumers’ access to lower-cost generic versions of pain medications, Opana ER and Lidoderm.