FILE PHOTO: Revolut logo is seen in this illustration taken July 29, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
MILAN (Reuters) -Italy's competition authority (AGCM) has opened a probe into some units of British financial technology giant Revolut for alleged unfair commercial practices related to its investment and banking services, the watchdog said on Thursday.
Revolut allegedly misled users, promoting investments in shares by emphasising the absence of commissions and failing to flag additional costs and limitations, AGCM said.
