UK watchdog whacks Amazon with probe for unfair data collection practices

UK watchdog whacks Amazon with probe for unfair data collection practices

By Christy Gren - Jun 11, 2021

The Competition and Markets Authority will focus on whether Amazon, Inc. favors merchants that use its delivery services.

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EU and U.K. launch antitrust probes in Facebook

EU and U.K. launch antitrust probes in Facebook

By Christy Gren - Jun 04, 2021

The European Union and the UK have launched an antitrust probe into Facebook’s use of advertising data in its classified ads business. The investigation comes as regulator peer i

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IMF says the world needs to commit $50 billion to combat the pandemic

IMF says the world needs to commit $50 billion to combat the pandemic

By Anna Domanska - May 24, 2021

The International Monetary Fund, IMF, says that the world would need $50 billion to fight the pandemic. It proposes that the commitments from the various countries and agencies can

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Aon – Willis asset disposal aims to ease approval of $30 billion merger

Aon – Willis asset disposal aims to ease approval of $30 billion merger

By Anna Domanska - May 13, 2021

Aon Plc and Willis Towers Watson have agreed to sell $3.6 billion worth of assets to rival Arthur J. Gallagher & Co. in a bid to appease European competition regulators over th

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Digital tax law stand-off between US and EU set to escalate

Digital tax law stand-off between US and EU set to escalate

By Anna Domanska - Feb 19, 2021

The US government has consistently rebuffed efforts by any country to tax the big tech companies like Amazon, Google, Facebook and Alphabet. Governments in France, Italy and the U

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Google, Facebook to face hefty fines over failure to comply with new EU law

Google, Facebook to face hefty fines over failure to comply with new EU law

By Anna Domanska - Sep 12, 2018

Google, Twitter and Facebook have taken monumental steps to remove extremist content from their platforms. To hedge their bets, the European Commission is set to propose a tough la

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European Commission dragging Ireland to court for Apple tax bill

European Commission dragging Ireland to court for Apple tax bill

By Carrie Ann - Oct 05, 2017

Taxes can be a tricky affair, especially for big companies. These companies strike a deal with any given country to use their infrastructure with the promise of providing employmen

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Google fined $2.7 Billion in EU Antitrust Violations

Google fined $2.7 Billion in EU Antitrust Violations

By Anna Domanska - Jun 27, 2017

The European Commission on Tuesday fined Google a record-breaking $2.7 billion for breaking EU antitrust law. The decision follows a seven-year investigation into the US search gia

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Apple files Appeal due to the $14 Billion Irish Tax Bill incident

Apple files Appeal due to the $14 Billion Irish Tax Bill incident

By Carrie Ann - Feb 22, 2017

Apple Inc. recently received an Irish tax bill worth $14 billion in relation to its supposedly illegal activities in the country. In answer to this, the tech giant has filed a 14-p

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