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Lloyds fined 64m for failing struggling mortgage customers

2020-06-11 12:18:07| BBC News | Business | UK Edition

The bank has been fined 64m for treating struggling mortgage customers unfairly

Tags: customers mortgage failing struggling

Apple fined record EUR 1.1 bln in France over unfair sales practices

2020-03-16 16:08:00| Telecompaper Headlines

(Telecompaper) Apple and two of its wholesale distribution partners, Ingram Micro and Tech Data, received fines totalling EUR 1.24 billion from the French antitrust regulator, following an investigation started in 2012. The companies have been found guilty of operating a cartel for a range of Apple products including computers and tablets, but not the iPhone. The fine inflicted on Apple amounts to EUR 1.1 billion, the largest ever imposed by the French competition watchdog. Tech Data and Ingram Micro will have to pay sanctions of EUR 76 million and EUR 63 million respectively.

Tags: france sales eur record

TIM fined EUR 116 mln for abusing dominant position in fibre rollout

2020-03-09 09:50:00| Telecompaper Headlines

(Telecompaper) Italian antitrust watchdog AGCM has fined Telecom Italia (TIM) a total of EUR 116 million for abusing its dominant position in the expansion of its fibre-optic broadband network to underserved and rural areas across the country. In a decision issued some 3 years after the investigation was launched, Italy's antitrust authority accused TIM of purposely taking steps to slow down the process of rolling out broadband in so-called digital divide areas by appealing against the tenders launched by the government.

Tags: position eur tim dominant