Tag Archives: Antitrust

Deutsche Bank CEO Christian Sewing Faces Lawsuit Over Monte dei Paschi Scandal

Christian Sewing testifying in court over Monte dei Paschi scandal

There’s a storm brewing in the financial world that you need to know about, as Deutsche Bank’s CEO Christian Sewing confronts a potentially devastating lawsuit in London. You’re about to witness five former employees taking unprecedented legal action against Sewing and the bank, seeking damages worth hundreds of millions over an internal audit he supervised. […]

Google Fined $3.45B by EU for Adtech Antitrust Violations

Google logo weighed down by EU gavel representing .45B antitrust fine

The Eye-Watering Fine: Google’s €2.95 Billion Reckoning Sanction and Rationale According to Reuters, the European Commission imposed a €2.95 billion ($3.45 billion) antitrust fine on Google for abusing its dominant position in the adtech stack, finding that Google used restrictive contractual terms and technical measures that disadvantaged rival ad servers and exchanges and amounted to […]