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Baker & Miller PLLC | USA | 6 May 2021

Supreme Court clarifies scope of FTC's powers and prohibits it from common strategy for seeking monetary relief

More than four decades after the Federal Trade Commission began filing consumer protection actions in federal court for retroactive monetary relief…
Analysis PRO In-house

Lexology PRO | Australia | 5 May 2021

Australia settles first misuse of market power case under new law

A state-owned port operator misused its market power by imposing a new port access charge on a customer that wanted to switch to a different provider of towage and pilotage services, an Australian court has found.

Clasis Law | India | 4 May 2021

Consumer Protection Act: impact of change in forum on pending proceedings and retrospectivity

The Supreme Court recently dealt with the question of whether a consumer complaint filed and registered under an earlier piece of legislation which…
Analysis PRO In-house

Lexology PRO | Asia-Pacific, Central & Eastern Europe, Russia | 28 Apr 2021

Russia fines Apple €10 million for app store abuse

Russia's Federal Antimonopoly Service has fined Apple for favouring its own applications on its iOS operating system over rivals, eight months after the enforcer found that the company abused its dominance.
Analysis PRO In-house

Lexology PRO | European Union | 28 Apr 2021

EU levies fines against bond trading cartel

The European Commission has fined Bank of America, Credit Suisse and Crédit Agricole a total of €28.4 million for exchanging information and coordinating prices for SSA bonds, although Deutsche Bank escaped a €21.5 million fine as the leniency-applicant.
Analysis PRO In-house

Lexology PRO | Australia, Global | 28 Apr 2021

ACCC puts Apple and Google on notice over app marketplace dominance

Australia’s competition watchdog has found that Apple and Google are dominant distributors of mobile apps and recommended that they provide consumers with greater choice to change pre-installed apps and allow developers to offer alternative payment options.

Davis Wright Tremaine LLP | USA | 28 Apr 2021

DFPI General Counsel Shares Insights on Department's Scope, Priorities, and Approach

On April 27, 2021, DWT's Department of Financial Protection and Innovation (DFPI) Taskforce hosted a discussion with the DFPI's General Counsel, Bret…
Analysis PRO In-house

Lexology PRO | European Union, France, Germany | 26 Apr 2021

Apple faces second antitrust complaint over privacy update

A group of media and advertising associations has complained to Germany’s competition enforcer that Apple is breaching antitrust rules by giving iOS users the choice to opt-out of third-party personalised advertising.

Cordato Partners | Australia, USA | 26 Apr 2021

Were the Mayfair 101 investment schemes Ponzi schemes?

Were the Mayfair 101 schemes only investment businesses that failed or were they fraudulent operations like a Ponzi scheme?…

Cordato Partners | Australia | 26 Apr 2021

From Dunk to Junk: Mayfair 101 promised investors secure income, left them with worthless debentures

The Provisional Liquidators estimate a nil return to creditors from $63.5 million of investor funds invested in Mayfair 101 (M101). They considered…
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