Ericsson has breached the agreement
Sweden's Ericsson has been ordered to pay a fine of more than $206 million for violating an agreement with the US Department of Justice. This was reported in a statement pos...
Fine for Intel
Intel Corporation (NASDAQ:INTC) has challenged a $1.2bn fine handed down by the European Commission in 2009 in a case to force rival AMD (NASDAQ:AMD) out of the processor market. This was reported by Bloo...
Record fine for Amazon
Amazon (AMZN) shares were down 1.13% on Thursday after the Italian antitrust authority handed Amazon a $1.28bn fine for abusing its dominant market position.
E-commerce&n...
Fine for Google
France's antitrust regulator has issued a €500m fine against Google, the regulator said in a statement on its website on Tuesday.
It noted that "the regulator fined the company for failing to comply with several court orders is...
Losses due to fine
Alibaba reported stronger revenues and number of active users in the March quarter than Wall Street expected, but posted its first loss in nine years because of a major antitrust fine.
Shares in Chinese e...
$750,000 fine
Tesla will pay a fine of $750,000 and is undertaking a small-scale distributed energy project based on its own solar roofs, to resolve air quality violations at its plant in Fremont, California.
It is worth noting that a spokesperson ...
Largest fine in history
The company was accused of violating antitrust laws. Alibaba's actions had a negative impact on competition in the e-commerce market, the regulator said.
China's State Market Surveillance Administration has imposed a fine of...
Mistake by Google
Google has been fined 1.1 million euros in France for mistakenly ranking hotels, according to a communique from the French competition, consumption and anti-fraud directorate-general (DGCCRF) of the Ministry of Economy.
"An invest...
Alibaba's company has been fined by Chinese regulators for failing to notify authorities of past acquisitions. In general, the fines for such a company are small and will not cause significant material damage, except for the fact that the company's s...
Faced with mounting losses amid the coronavirus pandemic, some businesses in New York City are taking their chances and violating the state's shutdown order for non-essential businesses.
While certain regions of New York have begun phased reopening ...
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