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Apple, Amazon fight off $600 million UK lawsuit over alleged ‘collusion’

by AIP Online Bureau | Jan 16, 2025 | International News, Risk Management, Technology

The lawsuit was brought by consumer law academic Christine Riefa on behalf of around 36 million British consumers who had bought Apple or Beats products LONDON: Apple and Amazon have successfully fought off a mass lawsuit in Britain over alleged collusion between the...

E-commerce to adopt Safety Pledge to protect online consumers on Dec 24

by AIP Online Bureau | Dec 14, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

With India projected to have 500 million online shoppers by 2030 and currently hosting 880 million internet users, the initiative addresses critical challenges in the rapidly expanding e-commerce landscape. The pledge requires platforms to cooperate with statutory...

Consumers exploring both luxury sustainable mobility alternatives Survey

by AIP Online Bureau | Oct 28, 2024 | Data, Eco/Invest/Demography, Technology

This growing alignment with hybrids suggests that consumers are exploring sustainable options, while waiting for more robust EV infrastructure and incentives, the survey found New Delhi: Consumers are exploring both luxury and sustainable alternatives, setting the...
78 % of consumers choose digital banking over cash transactions: Report

78 % of consumers choose digital banking over cash transactions: Report

by AIP Online Bureau | Aug 25, 2024 | Banking & Bancassurance, Data, Eco/Invest/Demography, Technology

Jamie Dimon, CEO, JPMorgan Chase Banks are also feeling the heat from fintech companies like PayPal, Stripe, and Venmo. Jamie Dimon, CEO of JPMorgan Chase, has called these fintechs “enormous competitive threats” to traditional banking New Delhi: 78...
Meta targeted in privacy complaints by EU consumer groups

Meta targeted in privacy complaints by EU consumer groups

by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

“Surveillance-based business models pose all kinds of problems under the GDPR and it’s time for data protection authorities to stop Meta’s unfair data processing and its infringing of people’s fundamental rights,” Ursula Pachl, deputy...
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