Tag: fines
Apple and Google fined $17 billion in Europe
The European Union’s top court ruled Tuesday that Apple and Google must pay billions in back taxes and antitrust fines, respectively, in two landmark...
Russian court rejects Google’s appeal against $50-million fine over Ukraine content
Russian court said it had rejected an appeal by Alphabet's Google against a 4.6 billion rouble ($49.4 million) fine, imposed for failing to delete...
Bank of Ghana fines PSPs for onboarding institutions without approval
Techfocus24 has learnt that the Bank of Ghana has slapped various amounts of fines on some Payment Service Providers (PSPs), who onboarded micro-credit and...
BREAKING: BoG fines, suspends forex licenses of Fidelity and FNB
The Bank of Ghana has temporarily suspended the foreign exchange (forex) licenses of Fidelity Bank and First National Bank (FNB) for flouting forex regulations...
NPA fines four OMCs for illicit trading
The National Petroleum Authority (NPA) has sanctioned four Oil Marketing Companies (OMCs) for engaging in illicit third-party trading and unlawful lifting of petroleum products.
Finest...
Google, Meta FINED about US$72m in South Korea for data breach
South Korea’s data protection authority has fined Google and Meta Platforms a combined KRW100 billion ($71.8 million) for violations of privacy laws in their...
Apple ignores regulator that’s fining it €5-million a week
The Dutch antitrust watchdog fined Apple €5-million this week, the fifth such penalty in successive weeks in a row over access to non-Apple payment...
Telcos fined in Tanzania but asked to use fine to improve...
The Tanzania Communications Regulatory Authority (TCRA) has fined six mobile phone companies a total of Tsh38.1 billion (about $16.4 million) for violating the quality...