ATO Debt Collectors Face Scrutiny Over Harsh Conditions
The Australian Taxation Office's debt collection practices are under fire as reports reveal harsh conditions imposed on collectors, raising concerns about worker welfare and ethical standards.
Category : Regulations
Live Nation CEO Defends Dominance at Antitrust Trial
Michael Rapino, CEO of Live Nation Entertainment, testified at a New York antitrust trial, defending the company's market position against allegations of anti-competitive practices from 33 states.
FCA Scraps Fixed £100 Contactless Limit for Banks
The Financial Conduct Authority has introduced new regulations allowing banks to set their own contactless payment limits from 19 March, replacing the fixed £100 cap with flexible, fraud-controlled options.
Live Nation Worker Regrets Calling Customers 'Stupid' at Trial
A Live Nation ticketing executive testified that his private messages calling customers 'stupid' were immature and unacceptable, as states pursue antitrust claims against the concert giant.
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Live Nation and Ticketmaster Antitrust Trial Continues with States
The antitrust trial against Live Nation and Ticketmaster has resumed in New York federal court with 36 states and D.C. pursuing claims after the Justice Department settled and withdrew from the case.
Financial Ombudsman Service Overhaul for Consumer Redress
Major reforms to the Financial Ombudsman Service will introduce new registration stages, dismissal powers, and structural changes to ensure faster, fairer complaint resolution for consumers and greater certainty for businesses.
Live Nation Trial Resumes After Limited State Settlement
The antitrust trial against Live Nation and Ticketmaster resumes Monday with 32 states continuing their case after only seven states joined a Justice Department settlement deal this week.
CMA Warns Fuel Retailers Over Iran War Profiteering
The Competition and Markets Authority intensifies monitoring of pump prices, demanding revenue and cost data from retailers amid concerns over profiteering from the US-Iran conflict.
CMA Puts Fuel Retailers on Notice Over Price Monitoring
The Competition and Markets Authority is stepping up scrutiny of petrol and diesel prices, demanding data from retailers to assess margins and pricing practices during the Middle East conflict.
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HMRC Urges 1 Million to Prepare for April Tax Digitalisation
Nearly one million self-employed individuals and landlords must adopt digital tax reporting by April 2026 under Making Tax Digital rules, with HMRC offering free support and penalty grace periods.
Judge Urges States to Settle Live Nation Claims After US Deal
A New York federal judge is pushing over two dozen states to settle antitrust claims against Ticketmaster and Live Nation this week, but lawyers say chances are near zero as states reject the Justice Department's settlement.
UK Regulators Must Act on Saba Capital's Siege Tactics
Saba Capital's repeated attempts to take control of Edinburgh Worldwide highlight the need for new FCA rules to protect investment trusts from aggressive activist investors.
DOJ-Live Nation Deal Rejected by States as Inadequate
More than two dozen states are refusing to sign a landmark antitrust settlement with Live Nation, calling it a 'terrible deal' that fails to address monopoly power in live events.
Billionaire Sues Protégé Over $20 Million Fraud in Lobbying Firm
Ron Burkle, worth $3.9 billion, has filed a lawsuit against his former trainee Darius Anderson, accusing him of a decades-long campaign of self-dealing that allegedly cheated him out of over $20 million in their joint lobbying business.
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Live Nation Settles DOJ Antitrust Case with $200M Fine
Live Nation reaches a provisional settlement with the DOJ, paying $200 million and agreeing to reforms like opening Ticketmaster to rivals, but faces opposition from states.
Live Nation Settles Antitrust Case with $200M Payout
Live Nation Entertainment reaches a provisional settlement in a major antitrust case, agreeing to pay $200 million in damages and implement significant changes to its ticketing practices, though some states vow to continue the legal fight.
Live Nation Settles Antitrust Case with Justice Department
Live Nation has reached a surprise settlement in its antitrust case, agreeing to pay $200 million to states and open Ticketmaster's platform to rivals, amid criticism from New York's attorney general.
DOJ Settles Ticketmaster-Live Nation Antitrust Lawsuit
The U.S. Justice Department has reached a settlement in its antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment, ending a case alleging illegal monopoly over live events.
FCA Credit File Changes: What Borrowers Need to Know
The Financial Conduct Authority proposes mandatory data sharing and accuracy improvements for credit reference agencies, aiming to create more complete and reliable credit reports for millions of UK consumers.
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Entain: Gambling Tax Hikes Will Shrink Regulated Market
Entain, owner of Ladbrokes and Coral, warns that UK gambling tax increases will damage the industry, shrink the regulated market, and boost black market operators.
Legal Threats to Councils Over Wood Burner Campaigns
Lobbyists have sent legal threats to local councils in the UK, targeting anti-wood burner campaigns aimed at reducing air pollution and public health risks.
Judge Rules Companies Due Refunds for Overturned Trump Tariffs
A federal judge in New York has ruled that companies are entitled to refunds for tariffs imposed by the Trump administration and later struck down by the Supreme Court as unconstitutional.
Wood Group Fined £13m for Inaccurate Financial Results
Aberdeen-based Wood Group has been fined £12.9m by the Financial Conduct Authority for repeatedly publishing inaccurate financial results, citing cultural failings and pressure to maintain stated figures.
Wood Group Fined £13m by FCA for Inaccurate Accounts
The Financial Conduct Authority has imposed a £13 million fine on Wood Group for publishing misleading financial results across multiple years, citing failures in financial culture.
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Ticketmaster Monopoly Trial: US Justice Department Alleges Harm
A US Justice Department lawyer told a New York jury that Ticketmaster and Live Nation have monopolised the concert industry, leading to inflated prices and a broken system for consumers and artists.
DOJ: Ticketmaster Monopoly Has Broken Concert Industry
A Justice Department attorney told a New York jury that Ticketmaster and Live Nation have monopolized the ticket market, driving up prices. The companies deny the claims.
Buc-ee's Sues Mickey's Over Logo Infringement Claims
Popular rest-stop chain Buc-ee's files lawsuit against Ohio-based Mickey's, alleging its moose logo and branding cause customer confusion by mimicking Buc-ee's iconic beaver mascot.
Buc-ee's Sues Rival Chain Over Moose Logo Similarity
Popular US gas station chain Buc-ee's has filed a lawsuit against Ohio-based Mickey's, alleging trademark infringement over a cartoon moose logo that allegedly mimics its iconic beaver mascot, causing customer confusion.
DOJ Lawyer: Ticketmaster Monopoly Has Broken Concert Industry
A Justice Department attorney told a New York jury that Ticketmaster and Live Nation have monopolised the concert ticket market, driving up prices. The companies deny the claims.
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UK Watchdog Investigates Hotel Giants Over Price Coordination
The Competition and Markets Authority is investigating Hilton, Marriott, and IHG for allegedly sharing sensitive data through analytics tool STR, potentially enabling price coordination.
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