Facebook Fined £50m By UK Competition Authority Facebook has been fined £50.5m ($69.6m) by the UK’s Competition Markets Authority (CMA) for breaching an order imposed during an investigation into t…
Facebook has been fined £50.5m by the UK’s Competition Markets Authority for breaching an order imposed during an investigation into the purchase of Giphy. The penalty should be a warning that no company is above the law, said the CMA, which claimed Facebook had failed to provide full updates about competition compliance relating to the acquisition of the gif platform.
Separately, the CMA fined Facebook £500,000 for changing its Chief Compliance Officer on two separate occasions without seeking consent.Productions has launched a bursary for UK creatives in memory of the woman who came into contact with the nerve agent Novichok following the poisoning of Sergei Skripal. The Dawn Sturgess Bursary will provide one budding drama school acting student from Wiltshire, England with funding of up to £30,000 towards their living costs while studying.
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