German Cartel Office Investigates Coca-Cola Europacific Partners Pricing Practices

Nov 15, 2023 05:13 am UTC| Business Law

The German cartel office announced on Tuesday that it has initiated an investigation into Coca-Cola Europacific Partners Deutschland regarding its pricing practices within the country. The company, fully aware of the...

Coca-Cola Challenges Australian Tax Office's $170 Million Tax Imposition

Nov 15, 2023 00:49 am UTC| Business Law

The Coca-Cola Company is embroiled in a tax dispute with the Australian Tax Office (ATO), facing allegations of offshore profit diversion. The ATO has assessed it $173.8 million in diverted profits tax for the 2018 and...

41 US states are suing Meta for getting teens hooked on social media

Nov 10, 2023 14:47 pm UTC| Law

In the United States, 41 states have filed lawsuits against Meta for allegedly driving social media addiction in its young users (under the age of 18), amid growing concerns about the negative effects of platforms. The...

Walmart and Vans Reach Settlement in Sneaker Trademark Lawsuit

Nov 10, 2023 06:38 am UTC| Business Law

Walmart and Vans have settled a trademark lawsuit in which Vans accused the retail giant of copying the designs of its best-selling shoes. The settlement was confirmed in filings submitted to a California federal...

European Tribunal Adviser Calls for Review of Apple's Favorable $14 Billion Tax Case

Nov 10, 2023 00:46 am UTC| Business Technology Law

An adviser to Europes top court suggested on Thursday that a European tribunal had made legal errors in favoring Apple over a 13 billion ($14 billion) tax order. The adviser recommended that the case be reviewed,...

UK's Online Safety Regulator Ofcom Sets Ground Rules

Nov 09, 2023 07:44 am UTC| Technology Law

The United Kingdom is stepping up to make the internet a safer place for everyone, especially kids. The UKs online safety regulator, Ofcom, has rolled out its first set of guidelines under the new Online Safety Act. These...

Digital Currency Revolution

Sam Bankman-Fried was convicted of fraud following the collapse of the cryptocurrency exchange FTX. Here's what investors need to know

Nov 08, 2023 12:08 pm UTC| Digital Currency Law

In the fast-paced world of cryptocurrency, vast sums of money can be made or lost in the blink of an eye. In early November 2022, the crypto exchange FTX was valued at more than US$30 billion. By the middle of that month,...