Headlines

Shein hit with €40 million fine after antitrust probe in France

By AFP Translated by Nazia BIBI KEENOO Published July 3, 2025 France’s consumer protection authority has fined fast-fashion giant Shein €40 million ($47.17 million) for deceptive commercial practices, including misleading promotional pricing and exaggerated environmental claims. The penalty follows a months-long investigation by the Directorate-General for Competition, Consumer Affairs and Fraud Control (DGCCRF), under France’s…

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Visa, Mastercard fees probe widens as EU antitrust regulators look into market power

By Reuters Published May 24, 2025 EU antitrust regulators have widened their investigation into Visa and Mastercard’s fees as they seek feedback from terminal providers and payments companies that could lead to charges of anti-competitive practices, according to a European Commission document seen by Reuters. Reuters A new questionnaire was sent after a similar one…

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