fines

Singapore Competition Board: Uber Must Pay S$6.6 Million Fine Over Merger Deal

Singapore Competition Board: Uber Must Pay S$6.6 Million Fine Over Merger Deal
Singapore Competition Board: Uber Must Pay S$6.6 Million Fine Over Merger Deal
January 13, 2021  |  ANTITRUST

Singapore’s Competition Appeals Board has upheld fines of S$6.6 million (Singapore dollars) levied against Uber, affirming that its merger deal with ride-hailing rival Grab had...

READ MORE >
UK Regulators Fine Barclays $31 Million For Poor Treatment Of Credit Customers
UK Regulators Fine Barclays $31 Million For Poor Treatment Of Credit Customers
December 15, 2020  |  Bank Regulation

The U.K.’s Financial Conduct Authority (FCA) has fined Barclays £26 million ($31.6 million) for its treatment of consumer credit customers who fell into arrears on...

READ MORE >
UK Watchdog Hits British Airways With $25.8M Fine Over Data Breach
UK Watchdog Hits British Airways With $25.8M Fine Over Data Breach
October 16, 2020  |  Cybersecurity

British Airways (BA) must pay a $25.8 million fine for lacking the proper security measures that might have prevented a hacker in 2018 from exposing...

READ MORE >
EU Privacy Regulators Disagree On Twitter Fine
EU Privacy Regulators Disagree On Twitter Fine
August 20, 2020  |  Legal & Regulation

European Union (EU) privacy watchdogs are at odds over whether to fine Twitter Inc. for its handling of a data breach last year and how...

READ MORE >
NYC Quarantine Violators Could Face Fines Of Up To $10K
NYC Quarantine Violators Could Face Fines Of Up To $10K
August 05, 2020  |  Economy

Visitors to New York City who are caught coming from states with high rates of COVID-19 could be assessed a hefty fine due to a...

READ MORE >
Deutsche Bank Forks Over $150M In Epstein, Foreign Bank AML Settlement
Deutsche Bank Forks Over $150M In Epstein, Foreign Bank AML Settlement
July 07, 2020  |  Legal & Regulation

Deutsche Bank has agreed to a $150 million settlement with New York regulators over allegations that the giant German bank was effectively asleep at the...

READ MORE >
Amazon (And Others) Brace For India’s New eCommerce Tax
Amazon (And Others) Brace For India’s New eCommerce Tax
February 10, 2020  |  Taxes

The jousting over eCommerce taxes — especially for U.S. firms operating on an international scale — is about to get more heated. Last week in...

READ MORE >
UK Fines Fender To The Tune Of $5.9M Over Anti-Competition Charges
UK Fines Fender To The Tune Of $5.9M Over Anti-Competition Charges
January 23, 2020  |  Retail

Guitar-maker Fender allegedly pressured online retailers to sell its products at inflated prices. The European arm of the company has consequently been penalized £4.5 million...

READ MORE >