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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...
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’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...
