#fines

5:16am, 4th April, 2019

Tech firms face fines, jail over violent content under new Australian laws

Australia will fine social media and web hosting companies up to 10 percent of their annual global turnover and imprison executives for up to three years if violent content is not removed "expeditiously" under a new law.

Philippine watchdog fines Grab, Uber for rushed merger, drop in service quality

4:35am, 17th October, 2018

News

Philippine watchdog fines Grab, Uber for rushed merger, drop in service quality

The Philippines' competition watchdog fined ride-hailing firms Grab and Uber Technologies on Wednesday, saying they consummated their merger too soon and that the quality of service dipped, becoming the second regulator in the region to penalize...

Exclusive: EU privacy chief expects first round of fines under new law by year-end

2:04pm, 9th October, 2018

News

Exclusive: EU privacy chief expects first round of fines under new law by year-end

Regulators are set to exercise their new powers by handing out fines and even temporary bans on companies that breach a new EU privacy law, with the first round of sanctions expected by the end of the year, the bloc's privacy chief said.

Singapore competition watchdog fines Grab, Uber $9.5 million over merger

12:03am, 24th September, 2018

News

Singapore competition watchdog fines Grab, Uber $9.5 million over merger

Singapore's anti-trust watchdog fined ride-hailing firms Grab and Uber a combined S$13 million ($9.5 million) over their merger deal, and ordered Uber to sell vehicles from its local leasing business to any rival that makes a reasonable offer.

Turkey fines Google for violating competition law

10:03am, 20th September, 2018

News

Turkey fines Google for violating competition law

Turkey's competition authority said on Thursday it had fined Google some 93 million Turkish lira ($15 million) for violating competition laws with its mobile software sales.

EU fines Philips, Asus, Pioneer, Denon & Marantz total 111 million euros

6:32am, 24th July, 2018

News

EU fines Philips, Asus, Pioneer, Denon & Marantz total 111 million euros

EU antitrust authorities handed down a total fine of 111.2 million euros ($130.1 million) to Philips , Pioneer , Asus and Denon & Marantz on Tuesday for fixing online resale prices.

Singapore proposes fines on Grab, Uber, says merger harms competition

6:38am, 5th July, 2018

News

Singapore proposes fines on Grab, Uber, says merger harms competition

SINGAPORE (Reuters) - Singapore's anti-trust body proposed fines on ride-hailing firms Grab and Uber, provisionally finding that their merger had reduced competition and suggesting remedies such as the sale of their car-leasing businesses.

Singapore watchdog says Grab-Uber deal hurts competition, proposes fines

3:35am, 5th July, 2018

News

Singapore watchdog says Grab-Uber deal hurts competition, proposes fines

SINGAPORE (Reuters) - Singapore's anti-trust body proposed fines on Grab and Uber Technologies and warned it may have to unwind the two ride-hailing firms' merger as the deal substantially lessened competition.

Search by tag: #fines

Tech firms face fines, jail over violent content under new Australian laws

Philippine watchdog fines Grab, Uber for rushed merger, drop in service quality

Exclusive: EU privacy chief expects first round of fines under new law by year-end

Singapore competition watchdog fines Grab, Uber $9.5 million over merger

Turkey fines Google for violating competition law

EU fines Philips, Asus, Pioneer, Denon & Marantz total 111 million euros

Singapore proposes fines on Grab, Uber, says merger harms competition

Singapore watchdog says Grab-Uber deal hurts competition, proposes fines

Facebook takes down Trump ads over 'organized hate' policy

Exclusive: Massive spying on users of Google's Chrome shows new security weakness

Amazon, Valentino file joint lawsuit over shoes counterfeiting

Kenya video-conference platform elbows its way into crowded field

Alibaba's Ant Group appoints new chief technology officer