NEW DELHI (Reuters) – India’s Supreme Court said on Wednesday that Reliance Communications chairman Anil Ambani willfully did not pay 5.5 billion rupees to Swedish telecom equipment maker Ericsson, holding him guilty in a contempt of court case.

The court asked billionaire Ambani and two directors of RCom to pay 4.5 billion rupees to Ericsson within four weeks. They will face three months jail term if they fail to pay the amount, the court said.

The Swedish company signed a deal with RCom in 2014 to manage and operate its network and last year approached the court over unpaid dues of 5.5 billion rupees.

Reliance Communication said the company respect the court judgment and the “group shall comply with same.”

Even though the company designed and engineered the bikes in Michigan and Oshawa, Ontario, it will release them in Germany, Belgium and the Netherlands first. GM says it chose those locations “due to the popularity of lithium-ion battery-powered e-bikes in those markets,” which makes sense if you think about it.

The compact e-bike called Arīv Meld will set customers back between €2,750 and €2,800 (approximately $3,200). Meanwhile, the folding e-bike called Arīv Merge, which users can fold up and roll on two wheels if they want to, will set buyers back between €3,350 and €3,400 (around $3,900). Both models are now available for pre-order on Bike Exchange and will start shipping in the second quarter of 2019.

Arīv Meld

Arīv Merge

BRUSSELS (Reuters) – Facebook is not currently in EU regulators’ crosshairs but it may well be in future because of the crucial role played by data, Europe’s antitrust chief said on Tuesday.

European Competition Commissioner Margrethe Vestager’s comments came two weeks after the German cartel office ruled that the world’s largest social network abused its market dominance to gather information about users without their consent.

Vestager said she has no case against Facebook regarding its market power for now but nevertheless was monitoring the market.

“We have some concerns. One thing is that we don’t have an open case now, that doesn’t preclude we don’t have a case in future. We are looking at the market very closely,” she told a European Parliament hearing.

The European Commission has previously indicated that Facebook’s issues could be better handled by privacy enforcers rather than by competition regulators.

Vestager has taken on tech giants including Google and Qualcomm in recent years and handed down million-euro fines for abusing their market power.