About This Source - Bloomberg QuickTake: Now
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Recent from Bloomberg QuickTake: Now:
Bloomberg Quicktake: Now published this video item, entitled “Ikea France, Former CEO Found Guilty of Spying on Staff; Fined $1.3 Million” – below is their description.
Ikea’s French unit and its former CEO were found guilty of conspiring with police officers to spy on its own staff and clients.
The Versailles Criminal Court fined Meubles Ikea France $1.2 million for unlawfully using private data and convicted the unit’s ex-CEO Jean-Louis Baillot to a two-year suspended jail sentence, Agence France-Presse reported on Tuesday.
The investigation began nearly a decade ago, creating a public furore and Ikea France reacted by dismissing four top executives, according to AFP.Bloomberg Quicktake: Now YouTube Channel
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In This Story: France
France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.