The class action could mean a £300 payout for 46 million UK adults, regardless of whether or not they have owned a Mastercard.
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Commercial
46 States Sue to Break Up Facebook ‘Monopoly’
Parallel legal action from the FTC and most states could force Facebook to divest Instagram and WhatsApp.
Ninth Circuit Rejects Permit for Arctic Oil-Drilling Project
The Trump administration’s approval of Hilcorp’s drilling project off the coast of Alaska was blocked on…
The department claims that Facebook “created a hiring system” that prioritised visa-holders over US workers.
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Vitol to Settle Brazil Oil Bribery Case for $163 Million
The world’s largest independent oil company admitted to bribing officials to secure lucrative contracts and other…
Commonwealth Bank of Australia Sued for Overcharging Interest
The Australian regulator found that the bank had overcharged business account overdraft holders by $2.9 million.
Digital platforms that facilitate online transactions between buyers and sellers play a key role in the strong growth of online trade. Two-thirds of all cross-border e-commerce sales of goods are made through online marketplaces. Digital platforms also facilitate transactions between users in the…
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Facebook, Twitter Sued Over Anti-COVID-19 Misinformation Tool
A Xerox subsidiary alleges that social media platforms made use of its patents without permission.
Coca-Cola Loses $3.3 Billion Tax Dispute With IRS
The dispute concerns the company’s use of foreign affiliates to alter profit margins, greatly reducing its US tax…