Poland’s Office of Competition and Consumer Protection has handed down more than $1.88 million (PLN 7,033,289) in fines to companies operating in the renewable energy sector, signaling that the country’s push toward clean energy will not come at the expense of consumer protection.
Italy’s competition regulator has opened two investigations into major players in the cosmetics sector, examining whether marketing practices may have encouraged children and adolescents to use products designed for adults.
The Federal Court has ordered Binance’s Australian derivatives arm to pay a $6.5 million penalty (AUD $10 million) after widespread failures in its client onboarding processes exposed hundreds of retail investors to high-risk crypto products.
Germany’s financial regulator, BaFin, has fined Barclays €1.65 million after identifying repeated failures to meet disclosure requirements designed to keep capital markets transparent.
An Australian court has handed down roughly $3.9 million (AUD $6 million) in penalties against oil and gas services firm Qteq Pty Ltd and its executive chairman Simon Ashton, in a case that makes one point unmistakably clear. You do not need to succeed in forming a cartel to face serious consequences.
A decision on whether Google has breached the European Union’s flagship digital competition law is now within reach, according to the bloc’s top antitrust official, setting the stage for a consequential week of transatlantic engagement with some of the world’s most powerful technology leaders.
After years of legal back-and-forth, Spain’s competition authority, the National Markets and Competition Commission, has landed on a clearer, more settled way of explaining how it fines companies for breaking competition law.