Germany’s Cartel Office Investigating Temu Over Merchant Price Influencing Germany’s competition watchdog, the Cartel Office, has set its sights on Chinese e-commerce giant Temu over allegations of unlawfully influencing the prices set by third-party merchants on its platform. This investigation marks a significant development in the world of e-commerce and competition regulation, as authorities hone […]
Dubai fines 19 firms for unlicensed crypto operations
Dubai Takes Action: 19 Firms Fined for Unlicensed Crypto Operations The world of cryptocurrency has been a hot topic in recent years, with more and more individuals and companies looking to capitalize on the digital currency craze. However, with this surge in popularity comes increased scrutiny from regulatory bodies looking to ensure that all operations […]
US Treasury opens consultation on stablecoin regulation
US Treasury Initiates Public Consultation on Stablecoin Regulation The US Treasury has taken a significant step towards regulating stablecoins by initiating a public consultation process. This move comes in the wake of increasing concerns surrounding the use and impact of stablecoins in the financial market. The Treasury’s decision to seek public comments on the new […]
Google hit with $3.5 billion EU fine
Google Hit with $3.5 Billion EU Fine: The Second Largest Antitrust Penalty After 2018 Case In the ever-evolving landscape of antitrust regulations, tech giant Google has once again found itself in the crosshairs of the European Union. This time, the EU has slapped Google with a hefty $3.5 billion fine, marking it as the second […]
CNIL fines Google and SHEIN in ongoing cookie compliance crackdown
CNIL Fines Google and SHEIN in Ongoing Cookie Compliance Crackdown France’s CNIL (Commission Nationale de l’Informatique et des Libertés) has once again made headlines by levying fines against tech giant Google and popular online retailer SHEIN. This move comes as part of the CNIL’s relentless efforts to enforce digital compliance regulations, particularly focusing on the […]
CJEU confirms Zalando’s status as very large online platform under DSA
CJEU Upholds Zalando’s Designation as Very Large Online Platform Under DSA The Court of Justice of the European Union (CJEU) recently made a significant decision regarding Zalando, one of Europe’s leading e-commerce platforms. The CJEU upheld the European Commission’s designation of Zalando as a very large online platform, affirming that the company must adhere to […]
Trendy Sunscreen Gets Burned by Regulators
Trendy Sunscreen Gets Burned by Regulators In the realm of skincare, sunscreen is a non-negotiable essential. It’s not just a seasonal product; it’s a year-round necessity to protect our skin from the harmful effects of UV rays. With the rise of trendy sunscreen startups flooding the market, promising innovative formulas and stylish packaging, consumers have […]
Musk and OpenAI CEO Altman clash over Apple and X
Regulatory Scrutiny Intensifies as Musk and OpenAI CEO Clash Over Apple and X The tech world is no stranger to feuds and controversies, but when two prominent figures clash over the future of AI, the stakes are higher than ever. Recently, Tesla CEO Elon Musk and OpenAI CEO Sam Altman found themselves at odds over […]
Italian Regulator Fines Giorgio Armani €3.5 Million for Unfair Commercial Practices
Italian Regulator Slaps Giorgio Armani with €3.5 Million Fine for Unfair Commercial Practices Italian luxury fashion powerhouse Giorgio Armani has found itself in hot water as the Italian antitrust regulator imposed a hefty fine of €3.5 million. The regulatory body cited that the fashion group, along with one of its units, had been engaging in […]
EU sends warning to crypto platforms over AML risks
EU Cracks Down on Crypto Platforms: AML Risks Must Be Addressed The European Union is tightening its grip on the cryptocurrency industry, sending a clear message to crypto platforms about the importance of combating money laundering and terrorist financing. In a recent move, the EU announced that crypto firms will be mandated to block anonymous […]