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Search resuls for: "Italian Competition Authority"


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Chiara Ferragni is an Italian influencer with just under 30 million followers on Instagram. Here's how the digital entrepreneur shot to social media superstardom. The item was packaged with a pink box featuring Ferragni's name and logo, as well as an illustration of the social media star. AdvertisementBut how did Ferragni become such a social media superstar and build her empire — amid this controversy? Amid the recent scandal, Ferragni's massive online presence continues to span social media.
Persons: Chiara Ferragni, Here's, , Ferragni, Balocco, Louis Vuitton, Gucci, Federico Leonardo Lucia, Leone, Fedez, ferragnez, Lapresse, Eugenio Fusco, Alessandra Balocco Organizations: Service, Regina Margherita Hospital, Italian Competition Authority, Authority, Associated Press, Milan's Bocconi University, Financial Times, Teen Vogue, Forbes, Harvard Business School, Prada, AP Locations: Italian, Turin, Italy, Balocco, Milan, Venice, TikTok
An influencer is under investigation regarding "misleading" posts about a charity partnership. Chiara Ferragni , who has 29.5 million Instagram followers, partnered with the Italian cake brand Balocco in November 2022 to launch a pink-packaged Christmas cake. In addition to fining Ferragni's companies 1.075 million euros, or $1.1 million, the authority find Balocco 420,000 euros, or $460,000. Ferragni's publicist confirmed the investigation, according to the AP. She also apologized and said she would donate 1 million euros to the hospital in Turin.
Persons: weren't, , Chiara Ferragni, Ferragni, Alessandra Balocco, Fedez, Balocco Organizations: Authorities, Service, Italian Competition Authority, Prosecutors, Associated Press Locations: Turin, Italy, Milan, Italian, Instagram
Facing fares row, Ryanair hit by new antitrust probe in Italy
  + stars: | 2023-09-20 | by ( ) www.reuters.com   time to read: +2 min
Ryanair said on Wednesday that internal Italian flights to Sicily would be cut by 10% in its latest winter schedule, blaming the government's planned price cap. Eddie Wilson, the chief executive of Ryanair DAC, the biggest airline in the Ryanair group, said the airline opposed the measure despite the modification. During a visit to Sicily, Wilson contrasted Ryanair's expansion of foreign flights to and from the island with the reduction on domestic routes. "Italian domestic growth has sadly been negatively impacted by the Italian government's unlawful price cap decree to restrict airlines’ freedom to set low air fares," Wilson said in a statement. Ryanair has already reduced its domestic schedule for flights to Sardinia over the winter.
Persons: International Eleftherios Venizelos, Alkis, Eddie Wilson, Wilson, Alvise Armellini, Keith Weir, Cristina Carlevaro, Jason Neely, Barbara Lewis Organizations: Ryanair, Company, Europe's, International Eleftherios, REUTERS, Ryanair DAC, Thomson Locations: Italy, Sicily, ROME, Athens, Greece, Sardinia
Italy probes Meta over abuse of position in music rights case
  + stars: | 2023-04-05 | by ( ) www.reuters.com   time to read: +1 min
MILAN, April 5 (Reuters) - Italy's antitrust authority said on Wednesday it would investigate Meta Platform (META.O) over the possible abuse of its position in talks over the rights to music posted on Meta's platforms and potentially hurting competition in the sector. According to the antitrust regulator, Mark Zuckerberg's company may have "unduly interrupted the negotiations for the stipulation of the licence for the use on its platforms" of SIAE's music rights, it said in a statement. Last month, Meta, which owns Facebook, Whatsapp and Instagram, failed to reach a deal with SIAE to renew the copyright license. Protecting the copyrights of songwriters and artists is an important priority for us," a spokesperson for Meta said on Wednesday. The investigation involves Meta Platforms Inc, Meta Platforms Ireland Limited, Meta Platforms Technologies UK Limited and Facebook Italy S.r.l.
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