Italy fines car finance cartel 678 mn euros
Italy’s anti-trust authority said Wednesday it has fined a swathe of top car makers, including BMW, Fiat-Chrysler, Ford and Toyota, 678 million
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Visa and Mastercard Struck With Class-Action Lawsuit
After a vicious 13 years of legal battles and class action lawsuits, Visa and Mastercard announced on September 18, 2018,
Read moreAims of business
Aims of Business 1. Survive Business has to survive from the competition of the market. – Aveng Struggles
Read moreFTC warns eight duty-free shops accused of price-fixing
FTC warns eight duty-free shops accused of price-fixing http://FTC warns eight duty-free shops accused of price-fixing Eight Korean duty free
Read moreThese Chinese cement companies..
from Xinhua BEIJING, Sept. 9 — China’s top price antitrust agency announced Tuesday that it has fined three Chinese cement companies
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Four brands dominates China’s car market
Cite (USE VPN) In China, the automotive industry are showing a rapid growth. More vehicles are sold every year than
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Massive Price-Fixing, Generic Drug ‘Cartel’
Recently, the generic drug industry in the US has been found guilty of price-fixing. “This is most likely the largest
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Facebook accused of ‘anti-competitive’ behaviour
Facebook has been accused of operating an “anti-competitive bait and switch scheme” that misled tens of thousands of developers in
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Predatory pricing of Mark and Spenser
Article from: https://www.farmersjournal.ie/ifa-protests-outside-m-s-store-over-predatory-pricing-model-426888 The IFA staged a protest outside an M&S store in west Dublin today over below-cost selling
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The EU begins to crack down on Nike’s online anti-competitive behavior. (CLICK HERE TO FIND OUT WHAT HAPPENED NEXT)
As of May 10 2017, the European Commission has started leading several investigations on Nikes online business model in Europe.
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Lincolnshire golf club manufacturer fined £1.45m for restrictive practices
Golf club manufacturer Ping Europe Limited (Ping) has been fined £1.45 million for banning UK retailers from selling its golf
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Tetra Pak fined for monopoly
The State Administration for Industry and Commerce has fined packaging giant Tetra Pak 668 million yuan ($97 million) for breaking
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Biggest ever fined by the EU for anticompetitive behavior
Recently, Google has been fined by the EU with a record amount of $5 billion for anticompetitive behavior. Apparently, Google
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Apple accused of anti competitive behavior in Egypt
Linked cite Apple have been accused of anti competitive behavior in Egypt. Since Apple have been banned selling
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Did we just get 10% poorer?
In the past few months, the RMB has devalued by almost 10% in relation to the U.S dollar.
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Day by Day, the Chinese Yuan Gets Weaker Against the US
USD to CNY Chart Over the last 5 years, the currency has gone from approximately 6.05 : 1 to a
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Thanks for nothing, Trump.
https://www.bostonglobe.com/opinion/editorials/2018/11/21/thanks-for-nothing-trump-trade-war-has-cranberry-growers-seeing-red/tQBzmKmrsB8VHW3scDjFOP/story.html How on earth did the cranberry industry get bogged down in President Trump’s trade wars? Cranberry farmers had enough
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Firms literally only want these things done
Why are businesses set up? To gain profits. What about profits? To maximise profits. Well, yes, I do admit that
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UK pledges £50m to help end FGM across Africa by 2030
The British government is to invest £50m in an attempt to end female genital mutilation by 2030, claiming it is
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Aims of Business
Corporate Social Responsibility Link about CS R Policy Business: Apple Apple used 100% recycled Aluminum for making new
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Why Are Businesses So Persistent?
Present-day economies of cutthroat businesses, emerging power-hungry firms, and exponentially increasing competitors, might introduce substantial amounts of difficulties to new
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Aims of Business
Corporate Social Responsibility: Costa Coffee recently made a bold commitment to recycle the equivalent of its entire annual sales of
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Example of 5 objectives of Businesses
Profit maximization (https://www.ft.com/content/79ed9c7c-2caf-11e8-9b4b-bc4b9f08f381) As Tencent released Tencent game and payment (including we-chat pay), Tencent’s net profit increased by double. Business
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Tesla’s five business aims
Tesla’s five business aims 1. Corporate social responsibility: this refers to the concern and obligation of a business in committing
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5 aims of businesses
1. Corporate social responsibility: – Porsche: https://www.reuters.com/article/us-volkswagen-porsche-emissions/volkswagens-porsche-drops-diesel-in-electric-car-push-idUSKCN1M20YN Decides to reduce the production of diesel using cars. Instead, they decided to
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