In an unprecedented move, the Serious Fraud Office (SFO) has publicised a previously confidential chapter from its “internal” Operations Manual regarding its Deferred Prosecution Agreements (DPAs). The given reason for the release was “transparency” but many feel it was an attempt to halt plummeting prosecution rates, proving the SFO is fighting a losing battle against corporate fraud.
The comparison website CompareTheMarket has been fined £17.9m for breaching competition law. It has done so by imposing wide “most favoured nation” clauses on insurers, preventing them from advertising cheaper rates elsewhere, and protecting its own site from being undercut by competitors.
Financial Times reporter, Mark Di Stefano, has been suspended following allegations of infiltrating and listening into private Zoom meetings. These meetings were held by senior managers of the Independent and the Evening Standard to discuss the steps that would be taken to combat the financial impact of the coronavirus pandemic.
The US House Judiciary Committee is leading an investigation into the e-commerce giant Amazon for antitrust allegations that have previously been denied by company representatives. On 1 May 2020, the Committee stressed that they are within their rights to “resort to compulsory process” and subpoena Amazon’s CEO, Jeff Bezos, if he fails to testify on a voluntary basis. A subpoena is a written order to compel an individual to give testimony before a court.