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#FINE

Every story tagged #FINE on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

40 stories in this topic

Tesla EV scaled
Automotive
1 min read

Chinese Regulators Call In Tesla Over Customer Complaints

Chinese government officials have met representatives from U.S. electric carmaker Tesla Inc over reports from consumers about battery fires, unexpected acceleration, and failures in over-the-air software updates, a regulator said on Monday. China’s State…

conexao mundo apple store lojas da apple new york
Electronics
1 min read

Apple fined €1.2 billion for price fixing in Europe

US tech firm Apple has been found guilty of anti-competitive behavior by a French antitrust body and fined €1.1 billion (US$1.32 billion). The firm was found to have fixed costs for its French wholesalers to force them to set retail prices aligned with…

korea retail
General
1 min read

South Korea’s CU fined US$1.4 million for unfair trading

South Korean convenience-store operator BGF Retail has been fined for pushing exorbitant sales promotion costs onto its suppliers. The firm was ordered to pay KRW1.67 billion (US$1.4 million) for its breach of the Act on Fair Transactions in Large Retail…

AEON and Aurora unveil special Songkran promotions Offering 10 months of 0 interest on gold and diamond loans
General
2 min read

Aeon Stores Hong Kong fined over TV sale

Aeon Stores Hong Kong has been convicted and fined HKD1200 (US$153) at Eastern Magistrates’ Courts for contravening the Product Eco-responsibility Ordinance (PERO) as a result of not informing a customer about its statutory obligation when selling a…

hyundai2
Automotive
1 min read

US Fines Hyundai $47 Million Over Dirty Diesel Engines

South Korean automaker Hyundai will pay a $47 million fine for illegally importing and selling dirty diesel engines in violation of American environmental rules, US authorities announced Thursday. Between 2012 and 2015, the company imported nearly 2,300…

Liqueurs work great in shooters
Food
1 min read

Whittard of Chelsea launched in Taiwan

Fine beverages retailer Whittard of Chelsea has partnered with Ruentex Group to launch its first stores in Taiwan. The new venues, located in Breeze Nanshan department store and Mitsui Mall in Taichung, are early steps in the firm’s emerging international…

Google App
General
1 min read

Google faces a huge fine for violating privacy rules

Last year, the European Union adopted the General Data Protection Regulation (GDPR) designed to boost privacy rights in the union. Under this regulation, companies in the EU cannot use a consumer’s personal data without informed, explicit consent. A company…

porche
Automotive
1 min read

Porsche To Pay 535 Million Euro Fine Over Diesel Affair

German prosecutors have imposed a fine of 535 million euros ($598.99 million) on German luxury carmaker Porsche AG for neglecting supervisory obligations linked to diesel emissions cheating, they said in a statement on Tuesday. Prosecutors in the southern…

f8 facebook mark zuckerberg 0069
General
2 min read

Senators want FTC to send a Massive Fine to Facebook

A couple of days ago we told you that the Federal Trade Commission (FTC) could be days away from announcing a fine against Facebook in the amount of $3 billion to $5 billion. The FTC is trying to decide how much to punish Facebook and is negotiating a…

shibuya apple 800x533
General
3 min read

Apple faces a fineof $26.6 billion in antitrust probe

The Financial Times reports today that complaints made by music streamer Spotify against Apple will be investigated by the EU competition commission. The issue is the 30% cut of revenue that Apple charges apps in the App Store for using its payment system.…

Facebook password
Electronics
1 min read

Facebook expects to be hit hard by the FTC

After word got out last year that 87 million Facebook members had their profiles sold to political consultant Cambridge Analytica without permission, the Federal Trade Commission started an investigation. After all, this action violated an FTC consent decree…

TV station
E-Tailing
2 min read

Online electronics retailer EasyTalk fined for TV Commercial

Electrical equipment seller EasyTalk has been convicted of five charges under the Product Eco-Responsibility Ordinance. The company is the first of seven Hong Kong electronics retailers caught suspected of violating the Product Eco-Responsibility Ordinance…

grab taxi
Living
1 min read

Vietnam prosecutors support Grab appeal against Vinasun

Prosecutors in Ho Chi Minh City have appealed a verdict ordering Grab to pay compensation to domestic taxi firm Vinasun. They want the appeal court to quash the order requiring the Singapore ride-hailing firm to pay VND4.8 billion ($206,000) in compensation…

google sign 3253
General
2 min read

Google was fined for $57 million under the GDPR

The CNIL, the French data protection watchdog, has issued its first GDPR fine of $57 million (€50 million). The regulatory body claims that Google has failed to comply with the General Data Protection Regulation (GDPR) when new Android users set up a new…

Nissan India sales decline 21 percent for Jan 2013 Hikes car prices
Automotive
1 min read

Nissan Korea fined 900 million won for inflating mileage figures

Korea’s antitrust watchdog said Wednesday that it has fined Nissan Korea 900 million won ($802,100) for inflating gas mileage figures for its Infiniti Q50 2.2d sedans. The Japanese car’s fuel efficiency reaches 14.6 kilometers per liter (34.3 miles per…