European Union Competition Regulator
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Google Fined $3.5 Billion For Breaching European Union's Competition Rules
European Union regulators on Friday hit Google with a 2.95 billion euro ($3.5 billion) fine for breaching the bloc's competition rules by favoring its own digital advertising services, marking the fourth such antitrust penalty for the company.
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EU Regulator Inspects Microsoft's Investment Into ChatGPT Developer OpenAI
The European Union's competition regulator said Tuesday it was looking into Microsoft's investment into ChatGPT developer OpenAI to see if it merits further investigation under the bloc's merger rules.
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EU Antitrust Body to Announce Decision on Adobe, Figma $20 Billion Deal on August 7
EU antitrust regulators will decide by August 7 whether to clear Adobe's $20 billion (roughly Rs. 1,63,900 crore) bid for cloud-based designer platform Figma after a preliminary review, according to a European Commission filing on Monday.
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Draft EU Artificial Intelligence Rules Could Hurt Europe
The proposed EU Artificial Intelligence legislation would jeopardise Europe's competitiveness and technological sovereignty, according to an open letter signed by more than 160 executives at companies ranging from Renault to Meta.
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Google Charged by EU Antitrust Regulators for Anti-Competitive Adtech Practices
The EU antitrust regulators have charged Alphabet's Google with anti-competitive practices in its digital advertising business. The tech giant may have to sell part of this business to address their concerns. The European Commission set out its charges in a statement of objections, two years after it opened an investigation into the case.
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EU Regulator Moves Top Court to Make Apple Pay Over $14 Billion in Back Taxes
EU competition regulators appealed to the bloc's highest court on Tuesday to override a lower tribunal and make Apple pay a record EUR 13 billion ($14.3 billion or roughly Rs. 1,18,450 crore) in Irish back taxes. The case, which has far-reaching implications for corporate tax bills, is the most high-profile of EU antitrust chief Margrethe Vestager'...
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EU Backs Microsoft's $69 Billion Activision Blizzard Takeover
The EU on Monday gave the green light to Microsoft's $69-billion takeover bid for US video game giant Activision Blizzard, just weeks after the British competition regulator blocked the deal, putting it at risk.
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Apple Faces Class Action Lawsuit Accusing Firm of Antitrust Violations Over Apple Pay
Apple is facing a proposed class action suit after the Cupertino company was sued on Monday by payment card issuers. The iPhone maker has been accused of abusing its market power to stifle competition for its Apple Pay digital payments wallet. Apple already faces a possible heavy fine from European Union regulators over its refusal to give payment ...
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"Will Make Changes": Microsoft Moves To Avert EU Antitrust Clash
Microsoft, which had been fined a total 1.6 billion euros ($1.7 billion) by EU antitrust regulators in the previous decade, will address competition complaints about its cloud computing services, its president Brad Smith said on Wednesday.
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Facebook-Parent Meta's Purchase of Kustomer Startup Cleared by EU Watchdog
European Union regulators have approved Facebook-parent Meta's purchase of customer service startup Kustomer, after the social network made concessions to ease concerns the deal would squeeze out rivals.
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Google Fined $3.5 Billion For Breaching European Union's Competition Rules
European Union regulators on Friday hit Google with a 2.95 billion euro ($3.5 billion) fine for breaching the bloc's competition rules by favoring its own digital advertising services, marking the fourth such antitrust penalty for the company.
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EU Regulator Inspects Microsoft's Investment Into ChatGPT Developer OpenAI
The European Union's competition regulator said Tuesday it was looking into Microsoft's investment into ChatGPT developer OpenAI to see if it merits further investigation under the bloc's merger rules.
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EU Antitrust Body to Announce Decision on Adobe, Figma $20 Billion Deal on August 7
EU antitrust regulators will decide by August 7 whether to clear Adobe's $20 billion (roughly Rs. 1,63,900 crore) bid for cloud-based designer platform Figma after a preliminary review, according to a European Commission filing on Monday.
-
Draft EU Artificial Intelligence Rules Could Hurt Europe
The proposed EU Artificial Intelligence legislation would jeopardise Europe's competitiveness and technological sovereignty, according to an open letter signed by more than 160 executives at companies ranging from Renault to Meta.
-
Google Charged by EU Antitrust Regulators for Anti-Competitive Adtech Practices
The EU antitrust regulators have charged Alphabet's Google with anti-competitive practices in its digital advertising business. The tech giant may have to sell part of this business to address their concerns. The European Commission set out its charges in a statement of objections, two years after it opened an investigation into the case.
-
EU Regulator Moves Top Court to Make Apple Pay Over $14 Billion in Back Taxes
EU competition regulators appealed to the bloc's highest court on Tuesday to override a lower tribunal and make Apple pay a record EUR 13 billion ($14.3 billion or roughly Rs. 1,18,450 crore) in Irish back taxes. The case, which has far-reaching implications for corporate tax bills, is the most high-profile of EU antitrust chief Margrethe Vestager'...
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EU Backs Microsoft's $69 Billion Activision Blizzard Takeover
The EU on Monday gave the green light to Microsoft's $69-billion takeover bid for US video game giant Activision Blizzard, just weeks after the British competition regulator blocked the deal, putting it at risk.
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Apple Faces Class Action Lawsuit Accusing Firm of Antitrust Violations Over Apple Pay
Apple is facing a proposed class action suit after the Cupertino company was sued on Monday by payment card issuers. The iPhone maker has been accused of abusing its market power to stifle competition for its Apple Pay digital payments wallet. Apple already faces a possible heavy fine from European Union regulators over its refusal to give payment ...
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"Will Make Changes": Microsoft Moves To Avert EU Antitrust Clash
Microsoft, which had been fined a total 1.6 billion euros ($1.7 billion) by EU antitrust regulators in the previous decade, will address competition complaints about its cloud computing services, its president Brad Smith said on Wednesday.
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Facebook-Parent Meta's Purchase of Kustomer Startup Cleared by EU Watchdog
European Union regulators have approved Facebook-parent Meta's purchase of customer service startup Kustomer, after the social network made concessions to ease concerns the deal would squeeze out rivals.
