Tag: Antitrust fine
Italian Court Rejects TIM’s Appeal Against Antitrust Fine
An Italian administrative court rejected an appeal by Telecom Italia, thus upholding a 116 million euro ($130 million) fine issued by the country’s competition...
Dutch Antitrust Watchdog Fines Apple… For The Fifth Time
The Dutch antitrust watchdog fined Apple 5 million euros (US$5.7 million) again on Monday (Feb 21), the fifth such fine for failing to allow...
South Korean Regulator Raises Google Antitrust Fine
South Korea's antitrust regulator said Tuesday it has raised the fine slapped on Google over alleged anti-competition practices by 17.5 billion won (US$14.63 million)...
Bookings.com Must Pay Russian Antitrust Fine Over Searches
Booking.com says it plans to pay a $17 million fine issued by the Federal Antimonopoly Services (FAS) in Russia.
FAS had initially warned the online...
UK Fines Big Pharma Over Drug Prices
Five UK firms have been slapped with a combined £35 million (US$47 million) fine from the competition watchdog for illegally driving up the price...
Scania Loses Appeal To €880M EU Fine In Truck Cartel Case
Volkswagen’s Scania unit lost its fight against a €880.5 million (US$994 million) fine from European Union regulators for fixing truck prices, Bloomberg News.
The EU General...
Indian Watchdog Fines Five Tire Manufacturers
On Wednesday, February 2, the Competition Commission of India (CCI) imposed penalties on five tire manufacturers and a tire makers' association for indulging in...
EU Fines Telefônica, Portugal Telecom $89M
EU antitrust regulators on Tuesday reimposed fines worth 79 million euros ($89 million) against Telefonica and Pharol, formerly known as Portugal Telecom, after previous...
Google Appeals €2.4B Antitrust Fine At Top EU Court
Google on Thursday appealed an EU court decision to uphold the bloc's EUR 2.4 billion fine for abusing its search engine dominance, reported Reuters.
The tech...
UK Fines Mastercard Over Prepaid Cartel Activities
Five payment companies, including Mastercard, have been fined a total of more than £33 million (US$45 million) for operating illegal cartels when providing prepaid...