The Federal Energy Regulatory Commission (FERC) has issued one of the most significant enforcement actions in its history, ordering American Efficient and its affiliates to pay more than $1.1 billion following what regulators described as a sweeping, years-long fraud in U.S. energy markets.
The European Banking Authority is moving to reshape how banks report data to supervisors across the European Union, unveiling a wide-ranging proposal aimed at simplifying one of the most complex, and often criticized, areas of regulatory compliance.
Passengers who struggled to get answers, or compensation, from Enter Air may soon see long-awaited payouts after Poland’s consumer protection authority stepped in with a sweeping enforcement decision. The head of Poland's UOKiK ordered the airline to compensate travelers more than $2.3 million (PLN 8.2 million) in total, following an investigation sparked by a wave of complaints about how the carrier handled issues ranging from delayed baggage to flight disruptions.
In preliminary findings published this week, the European Commission said Google should provide third-party search engines with access to core datasets (ranking, query, click, and view data) on fair, reasonable, and non-discriminatory terms. The goal is straightforward, even if the execution will not be: give competitors the tools they need to challenge Google Search in a market long defined by its dominance.
France’s competition authority has handed down €12.67 million in fines to a group of organic retail players and their trade association, concluding that they orchestrated a long-running agreement to carve up the market and shield prices from competition.
The European Commission has escalated its antitrust case against Meta, signaling it may impose interim measures that would force the company to restore full access for rival AI assistants on WhatsApp as the investigation unfolds.
The UK’s financial regulator is moving closer to formal enforcement action against Hartley Pensions Limited and an individual linked to the firm, laying out allegations that cut to the heart of trust in pension management.