Probes

• Italy's competition regulator, AGCM, is investigating Microsoft over allegations that the company triggered AI-fueled price hikes for Microsoft 365 subscribers. • The probe focuses on claims that users may have been defaulted into more expensive plans featuring Copilot AI tools without receiving sufficient information to make an informed decision. • This action matters as it highlights regulatory scrutiny over "dark patterns" and transparency regarding how AI integration affects consumer pricing and subscription renewals.

Coroner examines circumstances that led to 2021 death of Werribee man Kyle Hudson, who held multiple betting accountsGet our breaking news email, free app or daily news podcastA Melbourne man gambled $895,733 through online betting platforms in the four years between his 18th birthday and the day he took his own life, an inquest has heard.Victorian coroner Paul Lawrie’s inquest into the circumstances of Kyle Hudson’s death on 6 July 2021 began on Monday, and will interrogate whether betting companies accurately assessed the risk of gambling-related harm in the years prior to Werribee man’s death. Continue reading...

Promotion of beauty products to young girls may fuel compulsive habits and potential health risks, says watchdogItalian regulators are investigating Sephora and Benefit Cosmetics over the apparent use of “covert marketing strategies” to sell beauty products to young girls that might be fuelling an unhealthy skincare obsession called “cosmeticorexia”.The Italian Competition Authority said it was looking into promotions for skincare products such as face masks, serums and anti-ageing creams that in some cases appeared to target girls under 10. Continue reading...

• The Trump administration announced plans to halt billions in federal Medicaid payments to California, Florida, Maine, and New York, following similar actions against Minnesota involving over $2 billion in withheld funds and $260 million clawed back. • Officials cited alleged Medicaid fraud as the basis for these unprecedented measures, potentially creating a national playbook for pressuring states over program spending. • This escalation impacts public health insurance jointly funded by states and federal government, raising concerns about access for low-income Americans amid ongoing political tensions.

• The Trump administration is using Section 301 of the 1974 Trade Act to investigate foreign factory capacity and forced labor, aiming to offset $1.6 trillion in tariff revenue lost due to a Supreme Court ruling on February 20. • Public hearings are scheduled for May 5 on factory capacity and April 28 on forced labor, with the goal to complete probes before the current 10% import tariffs expire in 150 days. • Trump imposed a temporary 10% tariff on all imports post-ruling, plans to raise it to 15%, but faces challenges from two dozen states; remaining tariffs on China, Canada, steel, lumber, and cars expected to yield $668 billion over a decade.

The Trump administration initiated a second round of tariff investigations targeting 60 economies on March 13, 2026, aiming to rebuild its trade regime amid rising protectionism. US Treasury volatility jumped to a nine-month high, fueled by inflation concerns from oil shocks and trade tensions. Daimler Truck plans to offset tariff costs by increasing US content in Mexico-assembled trucks, as stated by CFO Eva Scherer. This escalation signals potential new duties that could impact global supply chains and corporate costs.