Antitrust bodies in Kenya and France have fined Majid Al Futtaim and Rolex, respectively, for abusing their market power. Majid Al Futtaim, the operator of Carrefour stores in Kenya, was fined $7.1 million, while Rolex was fined about $100 million by France’s antitrust agency. In the UK, thousands of Britons using Airbnb have been warned of potential hefty fines after a rule change by HMRC. In Australia, the country’s federal court has fined Airbnb A$15 million for misleading consumers on accommodation pricing, with additional compensation of up to A$15 million. The Australian Federal Court has also ordered Airbnb to pay A$15 million in penalties and up to A$15 million in compensation after the firm admitted to misleading consumers on accommodation pricing.
Airbnb fined A$15m for misleading Australian customers https://t.co/t7HWA2a0uq https://t.co/KczBHrzaBu
The Australian Federal Court has ordered @Airbnb to pay A$15 million ($10.1 million) in penalties and up to A$15 million in compensation after the firm admitted that it misled consumers on accommodation pricing, the country's competition regulator said on Wednesday
Airbnb forced to pay up to $30m for misleadingly charging Australians in US dollars https://t.co/KgEY7iwRqg
Australia's competition regulator said the country’s federal court has ordered Airbnb to pay A$15 million in penalties and up to A$15 million in compensation, after the vacation rental firm admitted it misled consumers on accommodation pricing https://t.co/s436OgtM2A
Aussie court fines Airbnb over misleading accommodation pricing https://t.co/gDbvdIZGR7 https://t.co/P9iMy3vBq4
Thousands of Britons using Airbnb warned they could be at risk of hefty fines after HMRC rule change https://t.co/mWdvxzTiJw
Rolex is fined about $100 million by France’s antitrust agency for an illegal decade-long crackdown on distributors selling the Swiss firm’s luxury watches online https://t.co/NvGE8eamPm
Kenya’s antitrust body fines Dubai-based Majid Al Futtaim, the operator of Carrefour stores in the East African nation, $7.1 million for abusing its buyer power https://t.co/vf1FClddpk