slaps

US slaps fresh duties on Chinese, Mexican steel goods | USA News

The United States has announced new import duties on more than $1bn in imported structural steel from China and Mexico, saying manufacturers in those countries dumped product on the US market.  The Commerce Department’s findings, which are preliminary and could be reversed, follow a similar decision in June concerning Chinese alloy aluminium imports valued at …

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FTC slaps Facebook with long-awaited $5 billion fine for privacy violations

Anticipated for months, the Federal Trade Commission (FTC) voted today to fine Facebook a record $5 billion for apparent violations of a 2011 consent decree that required the company to better protect user privacy. This is according to reports in the Wall Street Journal, New York Times and AP. The commission voted 3-2, reportedly with …

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AT&T CEO Slaps Down 5G Criticism by Verizon and T-Mobile:

AT&T CEO John Donovan slapped down 5G recent criticism by Verizon and T-Mobile at the Consumer Electronics Show in Las Vegas. Those companies and some others have criticized them saying AT&T is “slapping 5G stickers” on upgraded 4G phones. They say it is misleading and confusing to consumers and is damaging to 5G in the …

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EU slaps Google with $2.7 billion antitrust fine

Expected for months, the antitrust penalty was supposed to be closer to $1 billion. However, today the EU leveled a much larger 2.4 billion euro ($2.7 billion) fine against Google for alleged abuse of its market power in vertical (shopping) search. Though the fine is not a surprise, the amount is. In the climax of a decade-long antitrust saga that at …

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