Google appeals France’s ‘disproportionate’ $591 million fine in copyright row

Google (GOOGL.O) said on Wednesday it was appealing against a 500 million euro ($591 million) fine imposed by France’s antitrust watchdog in July over a dispute with local media about paying for news content. The fine came amid increasing international pressure on online platforms such as Google, part of Alphabet Inc, and Facebook (FB.O) to […]

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Australia may mandate low-cost debit card system for payments

Australia’s treasurer has asked the central bank to consider forcing large- and medium-sized banks and debit card issuers to provide multiple network options for merchants to route “tap-and-go” payments. In a letter dated Aug. 30 to the Reserve Bank of Australia, Josh Frydenberg threw the government’s weight behind “least-cost routing”, which would allow businesses to […]

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