Italy regulator fines Revolut $13 million for alleged unfair commercial practices

Source: Reuters (via feed)




Italy’s competition authority announced on Thursday it fined several companies of the Revolut group more than 11 million euros. The penalty was imposed over alleged unfair commercial practices. The total fine amounts to approximately $12.68 million. The regulator did not specify further details about the practices. The companies fined belong to the Revolut group.

BizTrendWire Insight:

The fine is part of regulatory enforcement affecting companies like Revolut in Italy.


Read full story on Reuters

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