Why Google faces millions in fines from global regulators September 24, 2024 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 September 23, 2024 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 September 18, 2024 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 [...]
The government is right to reject the EU’s plans for free movement by the backdoor August 29, 2024 The EU’s terms for reinstating a youth mobility scheme – from four-year visas to cut-price tuition fees – are utterly unreasonable, says Will Cooling Yesterday saw Sir Keir Starmer in Germany, where he tried to reinforce the positive impression he made on the global stage in the whirlwind days immediately after his election as Prime [...]
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.
German recovery helps eurozone escape shallow recession April 30, 2024 According to figures released this morning by Eurostat, the eurozone grew 0.3 per cent between January and March, ahead of the 0.1 per cent expansion expected by economists.
EU takes a bite out of Apple with £1.6bn antitrust fine March 4, 2024 The European Commission has fined Apple €1.84bn (1.57bn) for favouring its own music streaming app over rivals.