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British Airways faces record 183m fine for data breach

2019-07-08 09:45:32| BBC News | Business | UK Edition

The airline is contesting the penalty imposed by the watchdog after hackers breached its IT systems.

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Commonwealth Bank offers to pay record fine in laundering case

2018-06-04 03:35:57| BBC News | Business | UK Edition

Australia's largest lender was accused of breaching money laundering and terror financing laws.

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Google hit with record EU fine over Shopping service

2017-06-27 11:51:00| BBC News | Business | UK Edition

The European Commission fines Google 2.4bn ($2.7bn; 2.1bn) for favouring its shopping comparison service.

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Google to get record EU fine in shopping case - report

2017-06-16 16:43:00| Telecompaper Headlines

(Telecompaper) Google is set to receive a record fine from European Commission competition regulators in the coming weeks, according to unnamed sources cited by the Wall Street Journal. Although the US tech giant has been the subject of antitrust probes in the search and Android market, the forthcoming fine will be for promoting its own comparison-shopping service in search results, with the company possibly having to pay out as much as 10 percent of its yearly revenue, which stood at USD 90.27 billion last year. In addition to the fine, the EC is also likely to demand Google treat its own comparison shopping service equally with those of its competitors, said the report.

Tags: shopping report case google