consumer-protection
BankingBritain Proposes New Powers for Banks in Fight Against Fraudsters
BusinessFrance Withdraws Pesto Sauce Brand After Likely Cases of Botulism
TechnologyHow the Proposed U.S. “Protecting Consumers From Payment Scams Act” Could Impact Financial Institutions’ Fraud Prevention Efforts
Top StoriesBritain’s Insurers Told to Demonstrate Better Value for Customers
Spain to Crack Down on Holiday Rentals to Address Housing Crisis
Date: July 3, 2024
Spain to crack down on holiday rentals to address housing crisis MADRID (Reuters) – Spain’s government on Wednesday announced a crackdown on short-term and seasonal holiday lettings amid rising anger from locals who feel priced out of the housing market. The government will investigate listings on platforms such as Airbnb and Booking.com to verify if...
Johnson & Johnson Reaches $700 Million Talc Settlement With US States
Date: June 12, 2024
Johnson & Johnson reaches $700 million talc settlement with US states By Jonathan Stempel NEW YORK (Reuters) – Johnson & Johnson has agreed to pay $700 million to settle an investigation by 42 U.S. states and Washington, D.C. into its marketing of baby powder and other talc-based products blamed for allegedly causing cancer. The settlement...
Millions of Britons Set for Lower Energy Bills After 7% Price Cap Cut
Date: May 24, 2024
Millions of Britons set for lower energy bills after 7% price cap cut By Susanna Twidale (Reuters) -Most British household energy bills will fall from July after regulator Ofgem cut its domestic price cap by 7%, largely thanks to a fall in wholesale energy prices, but analysts warned the reduction could be temporary. The drop...
Google Defends App Store, Fighting Epic Games’ Bid for Major Reforms
Date: May 3, 2024
Google defends app store, fighting Epic Games’ bid for major reforms By Mike Scarcella (Reuters) – Google has asked a U.S. judge not to impose sweeping changes to the Alphabet unit’s app store Play that were proposed by “Fortnite” maker Epic Games in the companies’ closely-watched antitrust fight. Google made its filing late on Thursday...
UK Watchdog Refers Vodafone, Three Deal to In-Depth Probe
Date: April 4, 2024
UK watchdog refers Vodafone, Three deal to in-depth probe (Reuters) -Britain’s competition regulator said on Thursday it would need to open an in-depth investigation into the merger between Vodafone’s UK operation and Hutchison’s Three UK after the parties did not offer remedies to ease the regulator’s competition concerns. The $19 billion tie-up, which was announced...
Australia’s Anz Group to Settle Credit Cards Class Action for $37.4 Million
Date: March 25, 2024
Australia’s ANZ Group to settle credit cards class action for $37.4 million (Reuters) – Australia’s ANZ Group said on Monday it had agreed to settle a class action suit related to interest charged on personal credit cards for A$57.5 million ($37.44 million). The settlement is without admission of liability and remains subject to court approval,...