Meta, the parent company of WhatsApp, has been slapped with a $220 million fine by Nigeria’s antitrust agency for breaching data and privacy laws with its updated privacy policy. The Federal Competition & Consumer Protection Commission (FCCPC) stated that its inquiry into WhatsApp’s May 2021 privacy policy revealed significant fairness…

The National Football League (NFL) has challenged a $4.7 billion verdict awarded to subscribers who accused the league of conspiring to inflate the cost of out-of-market game subscriptions. According to Bloomberg, the NFL is pushing for either an overturned verdict or a new trial, arguing that the jury’s damages calculation…

European Commission President Ursula von der Leyen has laid out a comprehensive vision to strengthen the European Union’s defence and economic policies, as she seeks approval from the European Parliament for a second term, reported Reuters. Speaking on Thursday, von der Leyen highlighted key initiatives aimed at bolstering the EU’s…

Vermont’s Attorney General Charity Clark filed a lawsuit on Wednesday against two of the largest U.S. pharmacy benefit managers (PBMs), alleging that they have been inflating prescription drug prices for their own financial gain. The suit, filed in Washington County Superior Court, targets CVS Health’s Caremark and Cigna Group’s Express…

Australians will soon have to pay more to send letters after the Australian Competition and Consumer Commission (ACCC) approved a significant hike in stamp prices. Starting April 3, the cost of an ordinary small letter stamp will rise from $1.20 to $1.50, reflecting a 25 percent increase. This decision follows…

Attorneys for Live Nation are urging the dismissal of the Department of Justice’s (DOJ) antitrust allegations against the concert promoter. They argue that the company’s use of its amphitheaters does not constitute illegal tying arrangements, asserting that Live Nation has no obligation to allow rival promoters to use the venues…

Microsoft has reached an agreement with French tech giant OVHcloud to drop its antitrust complaint with European Union regulators. This accord was confirmed to Politco, by two individuals familiar with the negotiations. The settlement comes on the heels of another recent agreement with the cloud group CISPE, effectively reducing the immediate…

Meta, the owner of Facebook, is exploring a multibillion-euro investment in the eyewear giant EssilorLuxottica. According to sources familiar with the matter, the Silicon Valley company is considering acquiring a small stake in the €87 billion Franco-Italian group. This potential investment comes as Meta seeks to deepen its collaboration with…