Latest news with #fine
Reuters
14 hours ago
- Business
- Reuters
Google suffers setback at EU court over record $4.9 bln fine
Alphabet's Google faced a potential setback on Thursday as an adviser to Europe's highest court sided with EU antitrust regulators in the company's fight against a record $4.98 billion fine from 2018. Fiona Jones reports.
Yahoo
21 hours ago
- Business
- Yahoo
Google suffers blow at EU's top court over record €4.12bn competition fine
Google's hopes of overturning a record EU competition fine were dealt a severe blow on Thursday, after an adviser to Europe's top court
Reuters
a day ago
- Business
- Reuters
EU court adviser sides with regulators in Google's fight against EU antitrust fine
BRUSSELS, June 19 (Reuters) - An adviser to Europe's highest court on Thursday sided with EU antitrust regulators in Alphabet unit (GOOGL.O), opens new tab Google's fight against a record 4.3-billion-euro ($4.93 billion) fine levied on the U.S. tech giant by EU antitrust regulators seven years ago. "Advocate General Kokott proposes that the Court of Justice dismiss Google's appeal and, therefore, that it confirm the new fine of 4.124 billion euros set by the General Court," the Luxembourg-based Court of Justice of the European Union said. Judges, who usually follow four out of five such non-binding opinions, will rule in the coming months. The case is C-738/22 P Google and Alphabet v Commission. ($1 = 0.8726 euros)
Bloomberg
a day ago
- Business
- Bloomberg
ABN Amro Fined by Dutch Central Bank for Bonus Ban Violation
ABN Amro Bank NV was hit with a fine of €15 million ($17.2 million) by the Dutch central bank for violating some bonus restrictions that were put in place after the financial crisis. The regulator said ABN Amro fell afoul of the ban by awarding bonuses to seven positions in second-tier management between 2016 and 2024, according to a statement on Thursday.
Reuters
a day ago
- Business
- Reuters
NAB pays over $488,800 penalty over breaches of consumer data rights rules
June 19 (Reuters) - Australia's competition watchdog said on Thursday that National Australia Bank ( opens new tab has paid A$751,200 ($488,806) fine over alleged breaches of consumer data right rules due to failures to disclose credit limit data. ($1 = 1.5368 Australian dollars)
