Tag: Antitrust fine

Chinese regulators are mulling a record antitrust fine against Alibaba that would surpass the US$975 million levied against Qualcomm in 2015, The Wall Street...

South Korea's antitrust regulator said Sunday it has decided to fine two small concrete pipe producers a combined 313 million won ($282,000) for colluding...

US investment bank Goldman Sachs on Wednesday, January 27, lost its fight against an EU cartel fine handed down to its former Italian subsidiary...

The Philippine Competition Commission (PCC) on Monday, January 25, raised by 10% the amount of fines slapped on antitrust violators to keep track with...

Mexico’s antitrust watchdog has fined seven banks a total of US$1.5 million, only 4% of potential penalties, after finding evidence of price-rigging in the...

Pilgrim’s Pride has agreed to pay US$75 million to chicken buyers to settle claims that the second-biggest American poultry producer had fixed prices, according...

Live Nation’s Ticketmaster has agreed to pay a US$10 million criminal fine in order to sidestep prosecution on charges that it hacked a competitor’s...

Alibaba, Tencent-backed China Literature, and Shenzhen Hive Box Technology were each fined 500,000 yuan (US$76,463) by the State Administration for Market Regulation (SAMR), reported...

Tech giants could face fines as high as 10% of annual revenue if they don’t comply with new European Union rules on data usage...

Google and Amazon have both been hit with substantial fines from the French data-protection regulator, CNIL, for invading users' privacy, reported Fortune. On Thursday, December...