By Fan Lulu and Boy Luethje HONOLULU (July 31, 2019)—With more than 800 million Internet users, China has become the global leader in e-commerce—the buying and selling of products and services online. Taobao (roughly “treasure hunt” in English) is the leading Chinese online shopping and e-commerce website, founded by the Alibaba Group. As of 2018, more than 580 million active users visited Taobao and its sister website Tmall every month.

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China’s Ministry of Commerce (“MOFCOM”) has refused approval for the proposed P3 joint venture between shipping companies Maersk Line, Mediterranean Shipping Company (“MSC”) and CMA CGM (“the Companies”). &n...

The Chinese Ministry of Commerce (“MOFCOM”) recently announced the intention of the Chinese competition authorities to step up the number of their investigations into possible anti-competitive and abusive market conduct.  Chinese co...

  Introduction On 6 May the European Commission (“the Commission”) announced the launch of a competition law inquiry into the e-commerce sector, where it is believed that companies who engage in selling via the internet may be employing methods...

It has been reported that the European Commission (the “Commission”) is asking retailers to detail the difficulties they face while trying to sell their products online, as part of the lengthy questionnaires sent to the retailers followi...

The European Commission has launched three investigations into suspected breach of the competition rules by companies in the consumer electronics, videogames and hotel sectors.  The consumer electronics and videogames probes come out of the Com...

On 26 July 2017, the European Court of Justice (“ECJ”) published an opinion issued by Advocate General Nils Wahl (the “AG’s Opinion”) indicating that luxury brands may prevent retailers from selling via online marketpla...

The Malta Chamber of Commerce has pledged its support to government in the formulation of a new Iindividual Investor Programme to ensure the new scheme is compatible with good governance

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Washington, D.C. – Consumer Protection and Commerce Subcommittee Chair Jan Schakowsky (D-IL) and Ranking Member Cathy McMorris Rodgers (R-WA) today announced that the Subcommittee will hold a teleconference forum on Monday, May 11, at 12 p.m. (EDT) with Federal Trade Commission (FTC) Chairman Joseph J. Simons to discuss critical consumer protection issues related to the COVID-19 pandemic. “The COVID-19 pandemic has brought about significant consumer protection concerns that fall under the purview of the FTC, including COVID-19 related scams, price gouging, privacy and data security issues, and more,” Schakowsky and McMorris Rodgers said.  “We look forward to hearing from Chairman Simons about the steps FTC is taking to ensure consumers are protected during this pandemic.”      This forum is open to the press.  Credentialed reporters interested in listening to the forum live should RSVP to Evan.Gilbert@mail.house.gov by 5 pm on Friday, May 8.   ###

"Although unprecedented challenges and new demands have emerged, our key priorities remain clear," Attorney General Holder said.

"Thank you for this opportunity to discuss the President’s Fiscal Year 2011 Budget for the Department of Justice and to provide an update on the department’s progress, key priorities and future plans," said Attorney General Holder.

"Today, I come to you on behalf of my colleagues – the more than 117,000 dedicated men and women who serve our nation’s Justice Department in positions and offices all around the world. Above all, I come to you on behalf of my fellow citizens."

"As I have said often, no aspect of our work is more important – or more urgent – than protecting the safety of the American people and strengthening our national security."

Chairman Wolf, Ranking Member Fattah and distinguished Members of the Subcommittee, I’m very pleased to be here to discuss the President’s 2012 budget request for the Office of Justice Programs.

"To help you evaluate our achievements, I want to talk about developments at the Division on a variety of fronts—including civil merger and non-merger enforcement, international efforts, and competition advocacy work," said Assistant Attorney General Varney.

Acting Assistant Attorney General Sharis Pozen of the Department of Justice’s Antitrust Division and Federal Trade Commission (FTC) Chairman Jon Leibowitz today met with a delegation from China’s Ministry of Commerce (MOFCOM) to discuss antitrust merger enforcement.

"“In response to my call to identify savings across the department, almost $700 million in savings have been developed – funds that are being reinvested in critical mission areas. I also want to note that, in the department’s FY 2013 budget of $27.1 billion, proposed spending increases have been exceeded by proposed cuts," said Attorney General Holder.

"Despite the significant fiscal constraints the federal government has faced in recent years, the 116,000 dedicated employees who serve in Department offices around the world have made significant – and, in many cases, historic – progress in safeguarding our citizens from terrorism, violent crime, financial fraud, and a range of threats that often disproportionately threaten the most vulnerable members of society," said Attorney General Holder.

It is an honor and a delight to be back here in Brussels to address the AmCham EU Competition Policy Conference this afternoon. I should like also to congratulate our hosts on this year’s commemoration of the 50th anniversary of the Common Market Panel of AmCham Belgium, the forerunner of today’s AmCham EU, which has done so much to foster understanding between the United States and the European Commission in the economic sphere.

"In the days ahead – as my Justice Department and FBI colleagues continue to work closely with our federal, state, and local partners to investigate the tragedy that took place in Boston on Monday – your continued support will be more critical than ever," said Attorney General Holder.

The Justice Department announced that late yesterday a federal court in San Francisco entered an order authorizing the Internal Revenue Service to serve a John Doe summons seeking information about U.S. taxpayers who may hold offshore accounts at Canadian Imperial Bank of Commerce FirstCaribbean International Bank.

Thanks to my dedicated colleagues – the nearly 116,000 employees serving in offices around the world – in recent years, the Department has made tremendous progress in protecting the safety, and the sacred rights, of the American people. Nowhere is this clearer than in our work to ensure America’s national security.

The U.S. Department of Justice and the U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) today announced appointments to a newly created National Commission on Forensic Science.

As we convene this morning, I know we’re all mindful of yesterday’s mass shooting at Fort Hood. I am being regularly briefed on the situation and have directed that the full resources of the Department of Justice and the FBI be made available to ensure the security of everyone on base. We will work with local officials and the Department of Defense to provide assistance to those who need it and to help conduct a full and thorough federal investigation.

Despite significant challenges, the past year has been characterized by remarkable progress – from expanding civil rights for all Americans to holding private corporations accountable for wrongdoing. In the financial sector, concerns have been raised recently about a practice called “high-frequency trading.”

Flipkart Group CFO Emily McNeal has quit to pursue a career opportunity outside the Walmart Group.

The post India: Flipkart names Sriram Venkataraman as CFO of its commerce biz appeared first on DealStreetAsia.

Ninja Van becomes one of the few startups to score new funding since Covid-19 chilled deal activity.

The post Singapore’s Ninja Van raises $279m after pandemic drives e-commerce surge appeared first on DealStreetAsia.

E-commerce—defined broadly as the sale of goods and services online—is emerging as a key pillar in the global fight against COVID-19. Online grocery shopping and telemedicine, for instance, are helping to avoid in-person contact and reduce the risk of new infections. Video chats, movie streaming, and online education make physical distancing measures more bearable. In…

The Level Market wants to make the procurement of humanitarian aid and development products as easy as shopping on Amazon.

With the aim of showcasing and selling products designed by women, No Sir also draws attention to gender inequality in the design profession.

Ulmart’s stunning growth continues unabated as sales for the first six months of 2014 were up 31% in a year-on-year comparison. Sequential quarterly growth increased by 47%.

Ulmart - The Future of eCommerce

Alexander Lacik, CEO and president of Pandora, discusses the Danish jeweler's earnings.