South Korean government to look into Google and Apple app stores

South Korean government to look into Google and Apple app stores

Apple and Google are in the sight of the South Korean government as their fee-charging policies have been too heavy a burden for app developers for many years.
GrabFood may be disadvantaged by high commission rates

GrabFood may be disadvantaged by high commission rates

In case GrabFood continues to charge 20-25 per cent commission for local vendors, it may lose ground to Go-Viet and Now.
LG responds to European Commission decision on CRT displays

LG responds to European Commission decision on CRT displays

LG Electronics Inc. confirms that it has been imposed an administrative fine of €491,567,000 by the European Commission for allegedly infringing European competition law with regard to the sale of cathode ray tubes in the late 1990s and up to 2006.
EU probes banks over debt insurance abuses

EU probes banks over debt insurance abuses

Europe launched antitrust probes Friday into giant US and European banks whose fine-slicing of the insurance market was blamed by debt-ridden eurozone states for pushing them into bailouts.
Microsoft declares war on Google in EU anti-trust complaint

Microsoft declares war on Google in EU anti-trust complaint

US computer giant Microsoft declared war on Internet king Google Thursday when it joined an anti-trust complaint in Europe that could result in billions of dollars in fines.
BP, Halliburton knew oil disaster cement was unstable: probe

BP, Halliburton knew oil disaster cement was unstable: probe

BP and Halliburton knew weeks before an explosion tore through a BP rig in the Gulf of Mexico that the cement mix they planned to pump into an undersea BP well was faulty, a probe found Thursday.