Tag: authority

Ladbrokes owner GVC faces probe by UK tax authority

Image copyright Getty Images Ladbrokes owner GVC has said it is “surprised” the UK’s tax body is widening an inquiry into “potential corporate offending” related to its former Turkish online gambling unit. It said HM Revenue & Customs had expanded its probe into suppliers GVC used in Turkey to include other entities within its group. GVC sold its Turkish business… Read more →

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Facebook’s Giphy deal investigated by competition authority

Image copyright Getty Images Image caption Giphy’s services power animations on several platforms Facebook’s takeover of Giphy, a search engine for funny reaction images, is being investigated by the UK’s competition authority. Giphy’s vast library of looping short video animations is hugely popular in Facebook’s apps. But it also provides animations to competitors like TikTok, Snapchat and Twitter. Now, the… Read more →

Fake online reviews under investigation by competition authority

Image copyright Getty Images The UK Competition and Markets Authority (CMA) has launched an investigation into fake and misleading reviews on several major websites. It said it would examine whether online shops were “doing enough” to protect customers as they turn to online shopping during lockdown. The authority warned it would “not hesitate” to take action if sites are disobeying… Read more →