The European Union has fined Meta €800 million over antitrust violations.Meta allegedly linked Facebook Marketplace to its social network unfairly.The ruling states that Meta’s practices harmed…
Browsing: competition
H&M has announced the closure of its Edinburgh call center with a job loss of 150 employees anticipated by year’s end.Employees were informed in August about…
Asos faces a challenging period with an 18% drop in UK orders and declining revenues, yet remains optimistic about its strategic adjustments.The company’s full-year revenue fell…
Channel 4 Lifestyle has greenlit a new series from True North featuring British couples vying for a B&B in France.The series, A New Life In The…
Lidl is expanding its UK presence with a new supermarket in Oldham, signaling a major investment in the area.The supermarket will be strategically located just off…
eBay UK is taking a transformative step to enhance its platform by eliminating selling fees for private sellers in all categories, except for motors, effective immediately.This…
The UK’s competition watchdog has ruled on Amazon’s investment in AI firm Anthropic, stating no further inquiry is needed.The Competition and Markets Authority concluded that the…
Nike has announced Elliott Hill as the new CEO, following John Donahoe’s leadership.Hill brings over three decades of experience at Nike, having held senior roles across…
In the face of global economic uncertainty, London’s fintech sector is showing resilience.Despite investor hesitancy, significant fundraising rounds have been achieved recently.London startups raised over £10…
The proposed merger between Vodafone and Three has faced scrutiny from the UK Competition and Markets Authority (CMA), raising concerns over potential price hikes and service…