China fined the food-delivery giant Meituan $530 million for antitrust violations on Friday, the second major penalty this year in Beijing’s efforts to bring the country’s big internet companies to […]
Fines (Penalties)
Trending topics and news from the Fines (Penalties) category
Back to news homeCalls Grow to Discipline Doctors Spreading Virus Misinformation
Standing before a local school board in central Indiana this month, Dr. Daniel Stock, a physician in the state, issued a litany of false claims about the coronavirus. He proclaimed […]
Why Turkey’s Regulators Became Such a Problem for Google
Type “running shoes,” “best laptop” or “camping equipment” into Google from just about anywhere in the world and the top of the screen will show a carousel of ads from […]
Banks Slowly Offer Alternatives to Overdraft Fees, a Bane of Struggling Spenders
“The most egregious practices are largely the same as they have been for nearly 20 years,” said Rebecca Borné, a senior policy counsel at the Center for Responsible Lending, an […]
How China’s Tencent Avoided an Antitrust Push, For Now.
That’s glossing over the huge power imbalance between Tencent and the many satellite companies in its orbit. Colin Huang, founder of Pinduoduo, hinted at that in a 2018 interview, in […]
Alibaba Faces $2.8 Billion Fine From Chinese Regulators
China on Saturday said it was imposing a record $2.8 billion fine on the e-commerce titan Alibaba for monopolistic business practices, the government’s toughest action to date in its campaign […]
Big Fines and Strict Rules Unveiled Against ‘Big Tech’ in Europe
Many in Brussels expect a drawn out fight, as the tech industry spends more than ever on lobbying. And while there is strong political momentum for new regulations, the policies […]