Tag Archives: Fines

EU Fines Sony, Panasonic, and Sanyo Over Battery Cartel

The European Union’s anti-trust watchdog has fined Sony, Panasonic and Sanyo for price fixing in the market for batteries used in laptops and mobile phones. The European Commission, which polices competition issues in the EU, fined the three a total of EUR 166 million ($176 million or roughly Rs. 1,190 crores) for breaking antitrust rules along with Samsung SDI. Samsung ... Read More »

FreeCharge Ties Up With Mumbai Police for Payment of Traffic Fines

Digital payment platform FreeCharge Wednesday said it has partnered with Mumbai Traffic Police for collection of traffic fines using its mobile wallet service. The move assumes importance in the wake of the government’s decision to cancel old Rs. 500 and 1,000 notes and the scarcity of physical cash that has followed. Close to 500 e-challan devices have been rolled out ... Read More »

French court docket Fines Uber, execs for unlawful Taxi carrier

A French court docket fined Uber technologies EUR 800,000 ($907,000) on Thursday for running an unlawful taxi carrier with non-professional drivers and slapped smaller fines on of its executives inside the first such crook case in Europe. The Uber POP provider related customers thru a cellphone app with non-professional drivers the usage of their very own motors. Uber France suspended ... Read More »