Tag: Antitrust fine
Italian Court Overturns Apple & Amazon’s Antitrust Fine
An administrative court in Italy today scrapped a €173.3 million ($170.4 million) fine leveled at Apple and Amazon last year for alleged anti-competitive cooperation...
Google Loses EU Appeal Over Antitrust Ruling On $4.12B Fine
The European Union's General Court on Wednesday upheld an antitrust ruling against Google's parent company, Alphabet, but reduced its fine to 4.125 billion euros ($4.12...
Mexico Fines AT&T & Warner, Discovery Over Concentration
Mexico's Federal Economic Competition Commission (COFECE) announced on Thursday it had determined to sanction AT&T and Warner Bros. Discovery with a fine for failing to...
Australian Watchdog Fines Mercedes
The Federal Court of Australia has ordered Mercedes-Benz to pay a A$12.5 million ($8.49 million) fine for failing to communicate to customers the urgency in recalling...
Wise Fined $360K For AML Violations By Abu Dhabi Regulator
Money transfer service Wise has been fined $360,000 in Abu Dhabi for violating anti-money laundering (AML) regulations.
The Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA)...
In A Win For Qualcomm, EU Will Not Appeal Court Ruling...
EU antitrust regulators will not appeal a court ruling scrapping its 997-million-euro ($991 million) fine against Qualcomm, people familiar with the matter said, in...
Russia Fines Streaming Site Twitch
A court in Russia has fined streaming service Twitch 2 million roubles ($33,000) for hosting a short video containing what it calls "fake" information...
UK’s Supreme Court Will Not Hear Royal Mail Fine Appeal
On Thursday UK's highest court said it would not hear Royal Mails appeal to a $50M fine imposed by the countries telecom regulator.
In...
Indian Cement Giants Face Millions In Fines For Collusion
Swiss giant Holcim's India units and more than a dozen other cement manufacturers colluded to raise prices and restrict supplies for years, which included...
China Fines $1.2 Billion For Violating Data Security Laws
China’s cybersecurity regulator fined Didi Global Inc. $1.2 billion on July 21 for violating cybersecurity and data laws, drawing to a close a year-long...
