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On Wednesday, October 20, Lufthansa and easyJet gained backing from Europe's second top court for their acquisitions of insolvent German carrier Air Berlin's assets four years ago. Lufthansa received the EU green light from the European Commission in 2017 to buy Air Berlin's subsidiary LGW...

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Norway’s Regulator Fines Media Service Telenor

The Norwegian National Communications Authority (Nkom) on Tuesday, October 19, fined media service Telenor for breaching non-discrimination obligations, creating a disadvantage to access buyers. The...
Payments Platform

Stripe To Buy Payments Startup Recko

Global technology company Stripe is acquiring payments reconciliation startup Recko for undisclosed terms, Stripe wrote in a statement emailed to PYMNTS on Wednesday, October...

Payments Giant PayPal In Talks To Buy Pinterest For $35B

Pinterest is in late-stage talks to be acquired by PayPal, a source familiar with the matter told The Wall Street Journal. The talks are at an...

UK Fines Facebook $69M For Breaching Order During Giphy Probe

Social media giant Facebook has been fined £50.5 million (US$69.1 million) for breaching an order imposed by the UK Competition and Markets Authority (CMA) during its...

Marriott Looks To Delay Antitrust Trial With Emergency Motion

On Monday, October 18, Marriott International sought to delay an antitrust trial set to start October 25 over claims that the top US hotels...

UK Financial Watchdog Organization Chair To Step Down A Year Early

The leader of the United Kingdom’s financial watchdog organization has said he will step down in spring 2022, a year earlier than expected, The...
UK Law

UK’s Competition Tribunal Says BT Can’t Appeal Class Action

UK BT has confirmed they will appeal the preliminary ruling by the Competition Appeals Tribunal (CAT), which last month rejected the operator’s attempts to stop a £600...

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