Ireland’s Exchequer has received a notable boost with the arrival of the first €3 billion of the so-called “Apple Tax” payment, per the latest Exchequer Return data for October. This surge in corporate tax revenue, a key part of the total €3.6 billion collected during the month, marks the beginning…

Italy’s data protection authority has taken a firm stance against Intesa Sanpaolo, the country’s largest bank, accusing it of downplaying the severity of a recent data breach that potentially exposed sensitive information belonging to thousands of customers, including Italy’s Prime Minister Giorgia Meloni. According to Reuters, the authority voiced concerns on…

Italy’s Treasury has put a temporary hold on the sale of a minority stake in ITA Airways to Lufthansa, due to a disagreement over the price, according to sources familiar with the situation. This pause follows an earlier agreement where Lufthansa had gained European antitrust clearance to acquire a 41%…

Basketball icon and 23XI Racing co-owner Michael Jordan made an unexpected appearance in Charlotte’s federal courthouse Monday as he and fellow NASCAR team owners pursued a lawsuit against the auto racing giant, alleging monopolistic practices. This high-profile case centers on claims that NASCAR’s charter system stifles competition and places independent…

India’s Competition Commission (CCI) has recently withdrawn an investigative report on Walmart-owned Flipkart, following complaints from China’s Xiaomi regarding the handling of sensitive data, per a report from Reuters. This move marks the second time in recent months that the CCI has rescinded a report due to concerns over the disclosure of…

Seoul, South Korea — South Korea’s data protection authority has levied a 21.62 billion won ($15.67 million) fine against Meta Platforms, the parent company of Facebook, for collecting and sharing sensitive user data without proper consent, according to Reuters. This decision marks a significant regulatory action as global concerns about privacy…

The $19 billion merger between Vodafone and Hutchison’s Three UK is on track to gain regulatory approval as Britain’s government and regulators lean towards encouraging investments over potential competition drawbacks. According to Reuters, the Competition and Markets Authority (CMA) in the UK provisionally announced on Tuesday that it sees the merger…

Global law firm Ropes & Gray announced on Monday the return of Zak Goodwin as a partner within its antitrust practice, based in Boston. Goodwin’s addition brings specialized expertise at a time when antitrust regulation is undergoing significant changes, particularly impacting the life sciences sector. Goodwin, who rejoins Ropes &…