Google facing fines, non-discrimination obligations, and more?

Preiskel & Co’s Tim Cowen has been quoted by various media sources, including Bloomberg, discussing the impact of an EU fine and potential non-discrimination obligation before the Commission’s announcement on Tuesday. As predicted, the EU has issued Google with a record fine of €2.42 billion. However, with a reported $92 billion “cash hoard”, Google may be…

Google fined record-breaking €2.42 billion by European Commission

Following a seven-year investigation into Google’s Shopping service, the European Commission has today announced a €2.42 billion fine against Google. The Commission has found that Google breached EU antitrust rules by using its market dominance as a search engine to give its Shopping service an illegal advantage. The Commission has ordered that Google end this practice…

The Times reports on the EU’s antitrust investigation into Google’s practices

The Times[1] reports that price comparison websites across Europe are gearing up to take follow-on damages actions against Google. This is in light of the expectation that the EU, following a seven-year investigation, will issue a decision in the cases it has been investigating, and potentially a considerable fine on the multinational.   The newspaper…

Daniel Preiskel’s latest post for the MEF blog on GDPR

Danny Preiskel’s latest article for the Mobile Ecosystem Forum (MEF) blog “Embracing Consumer Trust and GDPR” was published yesterday. The post contains Danny’s views on the importance of the forthcoming GDPR and shares details of the GDPR conference to be held in Milan on June 15th, put together by Preiskel & Co and other Lexing Network specialised tech…

Preiskel & Co advised RTX in relation to a £6M investment

Preiskel & Co advised longstanding telecoms client, RTX on a complex financing round comprising an initial investment of £6M Growth Capital from BOOST&Co with further committed funding of £40M scheduled for the second half of the year. The Preiskel & Co team providing the corporate advice was led by Danny Preiskel with assistance from Karthyaeni Vittala. Founded…

Ofcom opens New Programme into Mobile Providers’ Compliance

Ofcom has recently started an own initiative monitoring and enforcement programme into compliance with the charge control requirements (i.e. mobile termination rate caps) imposed by the significant market power (“SMP”) condition M3. This condition is contained in Annex 3 of Ofcom’s Statement entitled “Mobile Call Termination Market Review 2015-18”, published on 17 March 2015. SMP…