In its statement, the EU argued that Meta violated competition rules by bundling Facebook Marketplace, its online classifieds service, with the broader social network, thereby creating unfair trading conditions that disadvantaged other classified ad providers in Europe
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This fine now far exceeds the combined value of the global economy, which the International Monetary Fund recently pegged at around USD 110 trillion
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The charges stem from the companies' handling of the Apple credit card, which was launched in 2019 and allowed customers to finance Apple purchases
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The fine comes after a probe found that the social media giant kept some users' passwords in plaintext
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The decision, expected in the coming months, comes after EU antitrust chief Margrethe Vestager had warned that Google might face its harshest regulatory penalty yet—a forced divestiture of parts of its adtech empire
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Although the payment has been made, the court has not lifted its broader order to block access to X in Brazil, the company’s sixth-largest market
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In addition, the aviation watchdog imposed a penalty of Rs 6 Lakhs and Rs 3 Lakhs respectively, on the Director Operations and Director Training of Air India
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Belated ITR can be filed similar to regular ITR, before 31st December, but penalties will be applicable
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Fine imposed on key MCX officials for one day delay in depositing amount of dividend for being declared
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