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US Department of Justice starts competition probe into leading online platforms

2019-07-24 08:42:00| Telecompaper Headlines

(Telecompaper) The US Department of Justice has announced a wide-ranging investigation into leading online platforms and they may be stifling competition. The Department's Antitrust Division is reviewing whether and how market-leading platforms have achieved market power and are engaging in practices that have reduced competition, stifled innovation, or otherwise harmed consumers, it said in a statement. 

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British MPs set up new probe into fashion sustainability

2019-07-19 14:51:00| Daily apparel & textile news and comment - from just-style.com

The UK government has formed an All Party Parliamentary Group (APPG) to probe the sustainability of the clothing and textiles industry, including supply chains, materials used and consumer behaviour.

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EOH says probe reveals unethical practices and suspicious transactions worth ZAR 1.2 billion

2019-07-16 14:52:00| Telecompaper Headlines

(Telecompaper) South African ICT group EOH says the investigation by legal firm ENSafrica into its past dealings has revealed suspicious transactions worth ZAR 1.2 billion and evidence of serious governance failings and wrongdoing. It said that payments of ZAR 1.2 billion to approximately 78 supplier entities are being investigated to determine whether appropriate work was done for services rendered. It noted that 84 percent of the payments were made to 20 entities. 

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Cell C hires consultants to probe practices, advise on restructuring

2019-07-12 14:04:00| Telecompaper Headlines

(Telecompaper) South African operator Cell C said in an open letter that it has hired consultants to probe its business practices for any irregularities and to advise on restructuring. CEO Douglas Craigie Stevenson said Cell C has appointed law firm Bowmans to investigate any parts of the business where the operator suspects there may be irregular practices. It has also hired PwC for a full procurement audit and review of processes. 

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The Good Food Chain: Firm in listeria probe goes into liquidation

2019-06-28 16:28:27| BBC News | Business | UK Edition

The Good Food Chain employs 125 people, all of whom will lose their jobs, the firm says.

Tags: good into food firm

 

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