Apple subsidiary fined for breaching Russian sanctions
UK imposes £390,000 penalty on European operation for payments to video streaming service Okko
UK imposes £390,000 penalty on European operation for payments to video streaming service Okko

Penalty imposed by OFSI after payment made to person subject to sanctions

Move is first financial sanction meted out by UK competition watchdog under new consumer protection laws

Sanction comes despite Trump’s threat of retaliatory tariffs over digital regulations

Howls of protest over a modest penalty from the EU contrast with Europe’s silence over far bigger punishments levied on its banks…

iPhone maker will make it easier for developers to promote their offerings under threat of escalating penalties

Competition regulator designates the Big Tech groups with special status under strict new digital laws