1 minute read
Tax-free
owner of the social network TikTok.
After years of fruitlessly pursuing transgressions resulting in neverending legal proceedings, the new Digital Markets Act (DMA) gives the Commission the power to impose regulations which the big hitters must comply with or pay huge fines.
The goal is to take action before abusive behaviour destroys competition, the Commission explained.
Only gatekeepers companies which cannot be ignored because of their standing in online sales, search engines, social networks and operating systems will face DMA bans and obligations.
Gatekeepers had until July 3 to notify the Commission once the DMA came into effect in early May. The Commission is now drawing up a list of all potential gatekeepers who will be given six months to comply with the DMA, the Commission said.
THIERRY ANDRETTA, chief executive of luxury leather goods firm Mulberry, declared that scrapping taxfree shopping for tourists was affecting UK sales. Andretta and other retailers contradicted Treasury claims that eliminating the tourist tax would cost an annual £2 billion (€2.35 billion) a year and maintained that there would be a net gain of around £350 million (€410.4 billion).
Not so sweet
FERRERO IBERICA, Spanish subsidiary of the Italian group Ferrero which owns Nutella, Kinder and Ferrero Rocher, improved sales by more than €17 million to approximately €289 million last year. The increase was the result of higher overheads caused by inflation and the Spanish company, whose margins were reduced, earned €5.7 million, 3 per cent less than in 2021.
THERE are now so many brainwashing racial overtones in the offerings of the British media that laws should be introduced to ban the faceless omnipresent mob who are consistently using their public positions to change the nature of British society and its ancestral heritage forever. These devious conspirators are now hell bent on initially convincing UK citizens, particularly the young, that at the moment the whole country is now a happy bubbling pot of mixed diversive cultures, which is of course ridiculous.
The bias of their TV reporting and in particular their advertising has now become deplorable and completely unacceptable. To give viewers the impression that nonwhites and immigrants are the least of the country’s problems, they involve and present as many as possible in commendable actions and situations, including quiz shows, newscasts and documentaries. Subsequently keeping any reports or accusations of crime involvement and antisocial behaviour at an absolute minimum.
So far this year eight black teenagers have been shot or stabbed to death in London alone. On May 5 two were mur
