Regulator

The Irish DPC fined Google 403 million euros for GDPR violations regarding location data processing, ordering compliance within six months amid ongoing European regulatory scrutiny.

The Capital Market Authority is working to eliminate temporary life insurance discounts, requiring companies to maintain initial terms throughout the policy's duration. The regulator warns that customers lured by low entry prices often become trapped due to age or health issues, eventually facing premium hikes of hundreds of percent.

The Electricity Authority signals that institutional entities will receive more lenient treatment regarding concentration issues in the electricity sector, even when they hold a series of production and storage assets. Electricity Authority: "There is no impediment to approving the allocation of rights to the Phoenix group based on considerations of economy-wide concentration."