Why Google faces millions in fines from global regulators Tech Google is up against the growing wrath of regulators worldwide, as it faces the possibility of millions in fines for alleged anti-competitive practices. According to Bloomberg, the EU is preparing to investigate Google’s conduct in the digital marketplace, including whether it preferences its own services, such as Google Flights and Google Hotels, in search results. [...]
Linklaters early bet on competition law sees it leading in class action trend Legal Law firms are racing to grab work defending businesses during the class actions surge but Linklaters sees itself at the 'forefront'
Google wins £1.3bn case against EU ruling over ad product Tech Google has overturned a nearly €1.5bn (£1.3bn) EU fine related to its AdSense advertising platform in a win for the tech giant following two major fines. The General Court has found “errors” in the European Commission’s 2019 assessment of Google’s advertising contracts with publishers. Europe’s second highest court, based in Luxembourg, has annulled the fine [...]
London fintech Curve to launch Apple Pay rival that could save banks ‘millions’ May 30, 2024 Currently, banks and financial institutions incur significant fees for transactions processed through Apple Pay.
Taking the biscuit: Oreo maker Mondelez fined £287m by EU for cross-border trade curbs May 23, 2024 Oreo maker Mondelez has been fined £287m (337.5m euros) by EU antitrust regulators for impeding cross-border trade of chocolate, biscuits and coffee products between EU countries.
Southern Europe to help eurozone ‘turn a corner’ in 2024 as Germany stagnates May 15, 2024 The European Commission released its latest round of forecasts today.
UK’s competition regulator has killed more deals than the EU’s watchdog since 2019 May 4, 2024 The Competition and Markets Authority (CMA) has blocked more tie ups than the European Commission every year bar one in the past five years.