The Polish antitrust and consumer protection watchdog, UOKiK, has imposed a hefty fine on PayPal Holdings Inc. (NASDAQ:PYPL) for using unclear contract clauses. What Happened: UOKiK has fined PayPal Europe 106.6 million zlotys ($27.3 million) for not clearly outlining to consumers the activities for which they could be penalized in their contractual clauses, Reuters reported on Monday. The watchdog stated that the prohibited activities were described in an ambiguous manner, making it difficult for users to understand what actions could result in penalties. UOKiK’s President, Tomasz Chrostny, c…
