unfair competition
Meta Ordered to Pay $550 Million to Spanish Media for Data Privacy Violations and Unfair Competition
Nov 20, 2025 07:32 pm CST
A Spanish court has ordered Meta to pay $552 million plus $60 million in interest to 87 media outlets for gaining unfair competitive advantage by violating EU data protection rules. The landmark ruling follows AMI's lawsuit claiming Meta systematically broke privacy laws between 2018-2023, creating unfair competition in digital advertising. The case highlights growing global tensions between tech giants and traditional media over data usage and advertising practices.
Russia Maintains Position as Top Global Oil Producer Despite Western Pressure, Putin Asserts
Oct 17, 2025 01:42 am CST
Russian President Vladimir Putin announced that Russia continues to be among the world's leading oil producers despite facing what he calls "unfair competition." Speaking at a Moscow energy conference, Putin highlighted Russia's 10% share of global production with an expected 510 million tonnes by year-end, while addressing Western pressure on trading partners and criticizing European nations for harming their own economies by reducing Russian energy purchases.