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Tagged With "regulators"

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Canon drops to more than two-month low after EU threatens huge fine

Art Post ·
Canon Inc's stock fell to its lowest levels in more than two months on Friday after EU regulators said they may fine it up to 10 percent of annual revenue for jumping the gun in its acquisition of Toshiba Corp's medical unit. The EU Commission said it had reached a preliminary view that Canon breached rules by using a so-called "warehousing" two-step transaction structure involving an interim buyer to buy the company prior to obtaining relevant approvals. Ten percent of Canon's annual...
Topic

Los Angeles to regulate printer cartridges?

Art Post ·
Los Angeles to regulate printer cartridges? The city has approved a resolution to support any new legislation that would ban the import and sale of single-use, new-built printer cartridges Claims they are harmful to environment
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