U.K. News

Mastercard Reaches ‘Agreement in Principle’ to Settle Mass UK Fees Case

Mastercard has reached an agreement in principle to settle a collective London lawsuit brought on behalf of British consumers over card fees, it said on Tuesday. The global payments processor was facing a lawsuit brought by consumer champion Walter Merricks …

U.K. Joins Social Media Crackdown After Live-Streamed Attack

The United Kingdom joined a growing global backlash against technology companies such as Facebook Inc. and Twitter Inc., proposing fines and bans if social-media platforms fail to curb illegal activity. The government outlined plans for an industry-funded regulator that would …

U.K. Internet Counterfeiter Sentenced to 30 Months in Prison

Monster, Inc., a world manufacturer of premium lifestyle headphones, announced that rogue Internet trader Michael Reeder, 35, of Carbis Close, Port Solent, Portsmouth, who was convicted on March 19th of 13 offences under the Trade Marks Act, was sentenced to …

J & J Settles U.S., UK Bribery, Kickback Charges

Johnson & Johnson will pay $78 million to settle U.S. and UK charges that it paid bribes and kickbacks to win business overseas, the first big drug company to settle since the Obama administration began its scrutiny of the industry …