POST Online Media Lite Edition



 

Crime : Page 43

Germany imposes fines on manufacturers of modular expansion joints for bridges involved in quota cartel

February 16, 2022
The Germany\'s national competition regulatory agency Bundeskartellamt has imposed fines totalling around 7.3 million euros on two manufacturers of modular expansion joints (expansion joint systems for road bridges) for engaging in an illegal quota cartel.

SEC charges 12 financial firms for failure to meet Form CRS obligations

February 16, 2022
The Securities and Exchange Commission (SEC) announced that six investment advisers and six broker-dealers have agreed to settle charges.

South Korean regulator raises antitrust fine on Google to $187 million

February 16, 2022
South Korea’s antitrust regulator said it has raised the fine slapped on Google over alleged anti-competition practices by 17.5 billion won ($14.63 million) to 224.9 billion won ($187 million).

North Carolina: 22 stores pay fines for price scanning errors

February 14, 2022
The N.C. Department of Agriculture and Consumer Services’ Standards Division has collected fines from stores in Camden, Chowan, Durham, Hertford, Nash, New Hanover, Moore, Randolph, Sampson, Surry, Union, Vance, Wake, Watauga, Wayne, and Yadkin counties because of excessive price-scanner errors.

Sports retailers fined almost £5m for breaching CMA order

February 14, 2022
Britain fined the country’s largest sportswear retailers JD Sports and Footasylum on Monday a combined 4.7 million pounds ($6.4 million) for breaching an order that prevented both the merged firms from integrating further.

Texas AG Paxton reaches another opioid settlement for Texas, $225 million against Teva

February 10, 2022
Attorney General Ken Paxton has reached an opioid settlement of $225 million with Teva Pharmaceutical Industries.

DOT fines Air China for tarmac delay, FlightHub Group for false advertising

February 10, 2022
The U.S. Department of Transportation fined the airline Air China $300,000 for tarmac delay rule violations and fined ticket agent FlightHub Group $300,000 for misrepresentations on its website and in online advertising.

New York AG James secures reimbursements for consumers charged for COVID-19 vaccine administration fees

February 10, 2022
New York Attorney General Letitia James announced that her office secured refunds for New Yorkers who were wrongfully charged administration fees from two pharmacies when they received their COVID-19 vaccine.

Netherlands fines PostNL for failing to meet on-time mail-delivery requirement in 2019

February 7, 2022
The Netherlands Authority for Consumers and Markets (ACM) has imposed a fine of 2 million euros on Dutch postal operator PostNL for failing to meet the quality requirement for on-time mail delivery in 2019.

UK regulator fines Meta second time for breaching enforcement order

February 7, 2022
Meta, formerly known as Facebook, has been fined £1.5m after it failed to alert the CMA in advance of key staff leaving the company, which is required by the CMA’s initial enforcement order.

New York AG James sues precious metals company and owner for defrauding seniors out of $68 million

February 3, 2022
New York Attorney General Letitia James filed a lawsuit against a precious metals company Safeguard Metals and its owner and manager Jeffrey Santulan, also known as Jeffrey Hill, for defrauding investors, including many seniors, across New York and the nation.

CMA fines firms over £35m for illegal arrangement for NHS drug

February 3, 2022
The CMA has fined firms over £35 million for an illegal arrangement in the supply of important NHS prescription anti-nausea tablets.
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