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Tag: fine
Telenor Norway mulls appeal as NOK 788 mln competition fine is upheld
2019-06-20 09:32:00| Telecompaper Headlines
(Telecompaper) Telenor said that the Competition Complaint Board has upheld the Competition Authority's decision to impose an administrative fine of NOK 788 million on the operator for creating barriers to the creation of a third mobile network in Norway. Telenor had submitted an appeal against the fine in December 2018. CEO Petter-Bore Furberg said the Complaint Board decision had not been unanimous and Telenor has three months to appeal.
Tags: fine
competition
norway
appeal
Hyundai Motor Group develops intelligent air purification system for fine particulates
2019-05-16 10:57:00| Green Car Congress
Anheuser-Busch InBev hit with US$225m fine over trade restriction practices in Europe
2019-05-13 17:02:00| Daily beverage news and comment - from just-drinks.com
The European Commission has handed down a EUR200.4m (US$225.1m) fine to Anheuser-Busch InBev after the brewer was found to have introduced practices restricting imports of its Jupiler beer brand from the Netherlands to its home market of Belgium.
University of Tampa set to build performing and fine arts center
2019-05-01 19:02:00| American School & University
The Ferman Center for the Arts will be a four-story 90,000-square-foot facility
Tags: set
center
university
arts
Alphabet lifts revenues in Q1 but profit hit by EU fine, higher R&D
2019-04-30 09:17:00| Telecompaper Headlines
(Telecompaper) Alphabet, the parent company of Google, said revenues for first quarter lifted to USD 36.339 billion from 31.146 billion the year before, an increase of 17 percent that was a bit slower than previous quarters. Profit was hit by the EUR 1.5 billion fine from the European Commission for anti-competitive practices with its AdSense for Search product. This meant that the operating profit fell to USD 6.608 billion from 7.633 billion, while the net profit sank to USD 6.657 billion from 9.401 billion, with diluted earnings per share at USD 9.50 from 13.33. Without the fine, the operating profit would have reached USD 8.305 billion and the net profit USD 8.339 billion. Finally, the operating margin slipped to 18 percent from 25 percent.
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