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Apple e-book costs customers hundreds of million dollars Tuesday, 4th June 2013
Lawrence Buterman, a government lawyer claims that a deal on the price for e-books between Apple and publishers costs customers 'hundreds of millions of dollars'.
Domenico Dolce & Stefano Gabbana face prison sentence for tax evasion Saturday, 1st June 2013
On hearing this March, at Milan court, in the case of tax evasion trial concerning Domenico Dolce and Stefano Gabbana, prosecutor Gateano Ruta requested the two founders of Dolce & Gabbana to be sentenced to two and half years each in prison.
RILA to reject $7.2 billion settlement in Mastercard and Visa legal case Thursday, 11th April 2013
It is reported that Retail Industry Leaders Association (RILA) has announced its intention to reject a 7.2 billion USD settlement with two major credit card brands. The settlement in question was proposed last year as an attempt to end a lawsuit filed eight years ago. The suit alleges that Visa and Mastercard artificially raised the interchange fees used to process transactions.
Sainsbury's CEO criticises Tesco Price Promise Tuesday, 19th March 2013
Justin King, the chief executive of Sainsbury’s has criticised Tesco’s Price Promise scheme as inaccurate, threatening to submit a complaint to the Advertising Standards Authority. King objected to Tesco comparing prices of own-brand items, asking at Sainsbury's results presentation, “How on earth do you compare non-brand products?
Former Allders’ bosses questioned about money owed to concessions Monday, 28th January 2013
The former bosses of the department store Allders are being questioned about outstanding debts owed by the company to its concessions. The department store chain became defunct in September of last year after its administrators failed to find a buyer following its collapse in June. Now, a number of the businesses which acted as concessions within the store are seeking payment of debts owed to them by the company.
Google faces backlash over alleged iPhone tracking Monday, 28th January 2013
Millions of iPhone owners in the UK could have grounds to sue internet giant Google after it intentionally swerved Apple security measures to monitor users’ web habits.