Tyson Foods has agreed to pay $85 million to settle claims it conspired with rivals to drive up pork prices, a deal that pushes total consumer recovery past $200 million in one of the largest antitrust cases to hit the U.S. meat industry.
India’s central bank has set out a sweeping package of reforms designed to toughen the country’s financial system, modernize regulation, and improve protections for everyday consumers. Announced on October 1, the measures cover everything from how banks set aside funds for bad loans, to how exporters manage foreign currency, to how consumers resolve disputes with their banks.
Ireland’s Digital Regulators Group (DRG) has launched a Short Guide to Digital Regulation, a resource designed to help the public and businesses navigate the country’s complex web of digital oversight.
The UK’s audit watchdog has kicked off an ambitious set of consultations aimed at shoring up trust in financial reporting, with proposals that touch fraud detection, going concern judgments, auditor reporting, and enforcement powers.
Malta’s financial watchdog is warning that progress on digital operational resilience, while encouraging, is still uneven across the sector. In a Dear CEO letter published this week, the Malta Financial Services Authority (MFSA) laid out the results of its 2024 supervisory reviews, calling for firms to push further in preparing for the EU’s Digital Operational Resilience Act (DORA).
The Federal Trade Commission (FTC) has filed suit against Zillow and Redfin, accusing the real estate platforms of entering into an unlawful agreement that eliminated Redfin as a competitor in the online rental advertising market. Regulators allege the arrangement harmed property managers, renters, and the broader housing market by insulating Zillow from direct competition.
Dun & Bradstreet, the well-known business credit reporting firm, is once again in the regulatory spotlight. The company has agreed to pay $5.7 million after the Federal Trade Commission (FTC) accused it of flouting a 2022 order meant to curb deceptive practices.