Tag: Antitrust fine
Russia Fines Google Over Removal Of Banned Content
A Moscow court fined Google a total of 14 million roubles ($190,398) for violating Russian rules on banned content, the penalty coming amid a...
China Planning To Fine Meituan About $1 Billion
China’s antitrust regulator is preparing to impose a roughly $1 billion fine on food-delivery giant Meituan for allegedly abusing its dominant market position to...
Chinese Regulators Mull Hefty Didi Fine
Ride-hailing giant Didi could face hefty fines from Chinese regulators as well as possible delisting from the New York Stock Exchange (NYSE), CNBC reported...
Russia Fines Facebook And Twitter
A Russian court fined US social media firms Facebook and Twitter on Thursday for failing to delete illegal content, the latest salvo in a standoff between...
France Fines LVMH Eyewear Makers For Imposing Selling Prices
France's antitrust body on Thursday fined several eyewear makers for imposing selling prices on opticians and preventing them from selling online.
The Autorite de la...
EU Court To Rule On Google’s $2.8B Antitrust Fine In November
Europe's second-top court will rule on Alphabet unit Google's challenge against a €2.4 billion (US$2.8 billion) EU antitrust fine on November 10, the first...
Italy Annuls Antitrust Fine On Phone Operators
An Italian court has annulled a fine of €228 million (US$271 million) slapped on Italy's top four phone operators last year over a breach...
Apple Will Appeal Russian Antitrust Fine In September
Russia's Federal Antimonopoly Service has agreed to delay an appeal hearing over a $12 million fine, following a request from Apple for more time...
UK Fines Lloyds Bank For Misleading Insurance Customers
Lloyds Banking Group has been fined £90 million (US$124.6 million) for sending millions of misleading letters to customers in its home insurance division, the...
Alibaba Nears First Big Deal Since Antitrust Fine
Alibaba Group is poised to make its first major investment since it paid a record antitrust fine as part of a bruising crackdown on...