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The European competition watchdog has fined Google €2.42 billion for abusing its dominance as a search engine. The European Commission was prompted to take action after numerous complaints were made by rival firms such as Yelp, TripAdvisor, UK comparison site Foundem, and News Corp. In a seven-year long investigation, Google was found to be systematically given prominent placement in searches to its own comparison shopping service and demoted those of rivals in search result. https://uk.yahoo.com/finance/news/google-fined-record-e2-4bn-manipulating-shopping-search-results-100633569.html
Please would any member be able to assist with the following issue that I am having with Clydesdale Finance who have changed a default date with Experian Credit Expert which has greatly affected my Credit file. The issue is: I had had a debt that should have expired 04.01.16 after 6 years, I was eagerly awaiting this to enable myself to move forward with my own financial plans. I recently checked with Experian Credit expert to make sure that my score was still at 999 and that the expected bad debts would disappear from my personal report. I was amazed to see that my credit report score had drastically dropped to 734 barely over the poor mark. I duly contacted Experian to find out what has happened. Experian contacted Clydesdale on my behalf to be informed that I personally would have to contact them to discuss the matter. This proved to be impossibility as I could not find any information as to the contact numbers I would need to contact this company nor could Experian provide me with a contact number saying that they will only accept written contact. On the advise of Experian I duly wrote to them on the 22.02.16 asking them for an explanation as to how and why they have changed my personal financial data with Experian. I provided screen shots of the original default dates that were applicable which was 04/01/2010 which should have expired off my personal credit file from this date. To date I have not even had the courtesy of an contact/acknowledgement of my letter which was signed for and duly received. My questions are: 1) Can a Finance company operate this way legally? 2) What should I now do to move this forward 3) Can I take legal proceeding
Martin Wheatley, who is running the Government's inquiry, said today it is 'no longer fit for purpose' Barclays has been fined £290 million for manipulating the inter-bank lending rate 17 other banks are also accused of Libor rigging Read more: http://www.dailymail.co.uk/news/article-2186470/Libor-scrapped-stop-big-banks-manipulating-it.html#ixzz23C2bc9DM
RBS boss Stephen Hester says he will not take a bonus in the wake of the scandal. RBS admit guilt of offences similar to those committed by Barclays' traders The bank is thought to have accepted that it will probably have to pay about half as much as the £291 million in fines imposed on Barclays Royal Bank of Scotland is set to be fined about £150million for participating in market manipulation offences similar to those engaged in by Barclays, it has been revealed. Sources said RBS has admitted guilt of offences similar to those committed by Barclays' traders, though at RBS they were more isolated and less serious. And today, as more revelations trickled out about the unfolding scandal, the bank's chief executive Stephen Hester said he will not take a bonus this year following problems experienced by the company’s NatWest bank. Read more: http://www.dailymail.co.uk/news/article-2166620/Royal-Bank-Scotland-faces-150m-fine-manipulating-rates-sacked-trader-accuses-bosses-colluding-staff-rig-markets.html#ixzz1zHTSOg6n