Legendary star and known real estate enthusiast PSY has recently come under scrutiny after it was revealed that his former home in UN Village was seized due to unpaid penalties. The singer is famous for his strategic property investments. The fines imposed for violating building regulations were only paid months after the seizure, although the required […]
Kenya fines Baltic fintech Eleving’s local arm for misleading customers
Kenya’s competition authority has fined Baltic lender Eleving‘s Kenyan subsidiary for misleading its customers, casting a spotlight on the continuing unethical operations of a section of digital lenders in the country despite a new law. The Competition Authority of Kenya (CAK) imposed a fine of $ 84,120 on Eleving subsidiary Mogo Kenya for violating competition […]
The 10 largest GDPR fines on Big Tech
The state of enforcement of the European Union’s flagship privacy regime, the General Data Protection Regulation (GDPR), on the most powerful tech giants remains a topic of ongoing debate. Below we’ve compiled a list of the 10 largest GDPR fines imposed on Big Tech since the regulation started to apply back in May 2018. Meta, […]
UK data watchdog fines NHS vendor Advanced for security failures prior to LockBit ransomware attack
U.K. data protection authorities have issued a provisional fine of more than £6 million to NHS vendor Advanced after finding that the company failed to properly secure the information of thousands of people later stolen in a ransomware attack. In a statement, the U.K. Information Commissioner’s office said it issued the fine after determining that […]
Spain’s antitrust watchdog fines Booking.com nearly $450M for unfair terms and restricting rivals
Spain’s competition authority, the CNMC, has found that online travel agency Booking.com abused a dominant market position over the past five years. It fined the company €413.24 million (or around $ 447 million at current exchange rates) on Tuesday. The CNMC opened an investigation of Booking.com back in October 2022, following complaints by the Spanish […]