Tag: small

Californian man, 79, sentenced to 4 years for charging small businesses and charities hugely inflated prices for printer toner

It was the worst kind of paper jam. A 79-year-old toner salesman was sentenced to four years in prison for running a decades-long, multi-million dollar scam that caused tens of thousands of small businesses and charities to pay hugely inflated prices for printer cartridges. Gilbert Michaels, of West Los Angeles, was accused of utilizing boiler […]

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China regulators near $1 billion fine on food-delivery giant Meituan

SINGAPORE—China’s antitrust regulator is preparing to impose a roughly $1 billion fine on food-delivery giant Meituan for allegedly abusing its dominant market position to the detriment of merchants and rivals, according to people familiar with the matter. The penalty could be announced in the coming weeks, and Meituan 3690, +1.23% would be required to revamp […]

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