Tech giants may face billions of pounds in fines from new UK watchdog | Business- Tempemail

The UK’s new tech regulator should have the power to fine Google, Facebook and other tech giants billions of pounds if they fail to stick to a new code of conduct, according to the competition regulator. The Competition and Markets Authority (CMA), which will host the new dedicated Digital Markets Continue Reading

Instagram to crack down on ‘hidden advertising’ in UK | Technology

Facebook-owned Instagram is to crackdown on social media influencers and celebrities who make posts without telling followers when they have been paid to do so, following an investigation by the Competition and Markets Authority. The CMA said it has been investigating the issue of “hidden advertising” by social media influencers Continue Reading

Apple fined record €1.1bn by French competition regulator | Technology

Apple has been fined a record €1.1bn (£990m) by antitrust regulators in France for engaging in anti-competitive agreements with two wholesalers. The penalty imposed on the US tech giant is the largest ever handed out to a company by the Autorité de la Concurrence. Commenting on the move, Isabelle de Continue Reading

Amazon’s deal with Deliveroo faces in-depth inquiry | Business

Amazon’s UK ambitions have been checked by the competition watchdog after it launched an in-depth investigation into the online retailer’s purchase of a stake in food delivery company Deliveroo. The Competition and Markets Authority announced the probe on Friday after Amazon and Deliveroo declined to offer concessions in response to Continue Reading