Here you will find all the articles with the tag: fine.
Update 3:25 p.m. - Spotify's response. The European Commission, the executive arm of the European Union (EU), has fined Apple 1.8 billion euros. The company allegedly unfairly hindered other music streaming service providers on its platform. For example, they could not inform users about cheaper... Read more
2 months ago
Apple faces a fine of about 500 million euros in early March. EU policymakers would like to punish Apple for allegedly anticompetitive behaviour in offering music services. The antitrust notice was filed by Spotify in 2019, alleging that iPhone users are not getting informed about alternative st... Read more
2 months ago
In a non-binding opinion, a European Court of Justice lawyer argues in Intel's favour. There would be too little evidence to sue Intel for unfair competition. The case may have implications for future European antitrust cases. Intel has been at odds with the European Commission over an antitrus... Read more
3 months ago
Intel will have to pay €376 million for antitrust practices the chipmaker proceeded with until 2006. This was decided by the European Court of Justice earlier today. The Court of Justice of the European Union fined Intel 376.36 million euros. The case looked into antitrust practices that took... Read more
7 months ago
Ireland's privacy regulator Data Protection Commission is potentially going to impose a record fine of more than €746 million euros on Meta. The fine is due to a violation of GDPR regulations, Bloomberg reports. The tech giant faces the possible fine for unlawfully transferring user data to th... Read more
11 months ago
The European Court of Justice says there is no minimum for non-material damages for violations of GDPR rules. The statement is a setback for many tech companies. GDPR legislation was introduced in 2018. Since then, almost every website has featured a cookie statement on the first visit. Companie... Read more
12 months ago
The decision comes after the Swedish company violated a 2019 deferred prosecution agreement (DPA) with the US Department of Justice (DoJ). The company was found to have withheld evidence involving misconduct in several foreign states and failed to provide prompt and sufficient information regarding... Read more
1 year ago
UK authorities fined British lender TSB £49 million (€56 million) for a botched IT platform upgrade that shut millions of clients out of bank accounts in 2018. According to the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), the IT update "immediately experienced ... Read more
1 year ago
Meta received a €265 million fine from the Irish Data Protection Commission. According to the regulator, the tech giant took insufficient measures to prevent a data breach between 2018 and 2019. The personal data of more than 500 million Facebook users ended up on the street. The data was pub... Read more
1 year ago
The US tech giant will have to pay VLSI Technology $948.8 million for patent infringement. Reuters reported that a federal jury in Texas on Tuesday said Intel must pay VLSI Technology $948.8 million for infringing on the company's patent for computer chips. VLSI used to be a standalone US-bas... Read more
1 year ago
