GRC Report Staff

Italian Competition Authority Opens Market Probe Into Grocery Retail Power & Food Prices

Italy’s competition watchdog has opened a broad market investigation into how large-scale grocery retailers shape pricing and value distribution across the agri-food supply chain, as food prices continue to rise faster than inflation and farmers report mounting pressure on margins.

Ofcom Turns Up the Heat on AI & Platform Safety With New Online Safety Probes

The UK’s online safety regulator Ofcom has opened a fresh set of investigations under the Online Safety Act, sharpening its focus on how platforms assess and manage risks tied to AI-driven services and illegal content. The actions target X over the use of its Grok AI chatbot, as well as Novi Ltd’s AI companion chatbot service, while also highlighting how regulatory pressure has already forced Snapchat to rethink its approach to illegal content risks.

FTC Draws a Hard Line on Connected Car Data in GM & OnStar Settlement

The Federal Trade Commission has finalized a far-reaching settlement with General Motors and its connected-vehicle subsidiary OnStar, closing a case that puts the fast-growing connected car economy squarely in the regulator’s sights.

EU & UK Regulators Align on Oversight of Critical Tech Providers Under DORA

‍The European Banking Authority (EBA), European Insurance and Occupational Pensions Authority (EIOPA), and European Securities and Markets Authority (ESMA) signed a new Memorandum of Understanding with the Bank of England, the Prudential Regulation Authority, and the Financial Conduct Authority, formalizing how they will work together to oversee critical ICT third-party service providers under the EU’s Digital Operational Resilience Act.

Kaiser Permanente Affiliates to Pay $556 Million to Settle Medicare Advantage False Claims Case

Affiliates of Kaiser Permanente have agreed to pay $556 million to resolve federal allegations that they improperly inflated Medicare Advantage payments by submitting unsupported diagnosis codes, the Justice Department announced Wednesday.

ESMA Steps Up Scrutiny of How ESG Strategies Are Marketed

The European Securities and Markets Authority published a second thematic note on sustainability-related claims, this time homing in on how firms describe ESG strategies in their communications. The focus is squarely on two of the most frequently used, and most inconsistently explained, terms in the market of ESG integration and ESG exclusions.

Two Enterprises Face Possible Penalties Over Alleged Bid-Rigging in $61 Million Highway Tender

Malaysia’s competition watchdog has issued a proposed decision against two enterprises over alleged bid-rigging linked to a major highway construction project valued at approximately $61 million (RM285 million).