Margrethe Vestager
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EU Said to Be Unlikely to Issue Break-Up Order to Google for Now
EU antitrust authorities are said to be contemplating an order for Alphabet's Google to halt anti-competitive practices in its adtech operations, but they will not order a breakup as previously suggested. Regulators are expected to announce a decision related to the investigation into Google's adtech practices in the upcoming months, accompanied by...
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Amazon Wins $270 Million Tax Fight In Blow To EU Antitrust Chief
Amazon does not have to pay 250 million euros ($273 million) in back taxes to Luxembourg, Europe's top court ruled on Thursday, marking a defeat for EU antitrust chief Margrethe Vestager's crackdown on sweetheart tax deals for multinationals.
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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 Vice President Suggests to Speed Up Work on AI Regulation
The European Union needs to speed up work on artificial intelligence (AI) regulation, Commission vice president Margrethe Vestager suggested. The European Commission put forward regulatory proposals in early 2021, but progress on the legislation has been slow. The EU's draft rules outlaw certain uses such as "generalised surveillance".
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EU Likely to Reach Political Agreement on AI Law This Year, Says Tech Regulator Chief Vestager
The European Union is likely to reach a political agreement this year that will pave the way for the world's first major artificial intelligence (AI) law, the bloc's tech regulation chief Margrethe Vestager said on Sunday.
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Metaverse, AI Next Digital Markets to Come Under Regulatory Scanner, Says EU Antitrust Chief
New digital markets like the metaverse and AI will need regulatory scrutiny, EU antitrust chief Margrethe Vestager said on Thursday. The metaverse has come into sharper focus since Facebook changed its name to Meta Platforms two years ago to reflect its bet on the new sector as the successor to the mobile Internet.
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PlayStation CEO Jim Ryan Met EU’s Antitrust Chief to Discuss Microsoft’s Activision Deal
PlayStation CEO Jim Ryan met with EU’s antitrust chief Margrethe Vestager to discuss Microsoft's $69 billion (about Rs. 5,62,647 crore) bid for Call of Duty maker Activision Blizzard. Sony previously criticised the deal, stating that the Call of Duty IP being claimed by Microsoft poses a “threat to an industry enjoyed by hundreds of millions....
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Spotify and Other Media Firms Ask EU to Take Action Against Apple's 'Unfair' App Store Practices
Spotify and other media firms like Deezer on Wednesday urged action against Apple in a joint letter to the European Commission. The letter asks the bloc's antitrust regulator's Executive Vice-President Margrethe Vestager to take action against Apple for anticompetitive and unfair practices. Spotify has for years accused Apple of using its App Store...
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EU Antitrust Chief Appeals for Global Approach Towards Big Tech to Avoid Misuse of Enforcement Gaps
Margrethe Vestager, who shaped landmark rules to curb the power of US tech giants, urged global communities to prevent Big Tech from misusing enforcement gaps. These tech giants are also under fire in South Korea, India and Australia.
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Apple, Other US Tech Giants May Prefer Fines to Compliances: EU Antitrust Chief Margrethe Vestager
Some US tech giants may prefer to pay a fine rather than comply with antitrust rules, the European Union's antitrust chief said, and cited Apple's fight with the Netherlands' competition authority as an example.
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Google's Advertising Tech Targeted in European Publishers' Complaint
Google became the target of an antitrust complaint by the European Publishers Council over its digital advertising business, which could potentially strengthen EU antitrust chief Margrethe Vestager's investigation into the issue.
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EU's Margrethe Vestager Says Analysing Metaverse Ahead of Possible Regulatory Action
European Union authorities need to better understand the futuristic digital world known as the 'metaverse' before they can decide how to regulate it, the bloc's antitrust chief said.
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Google Loses Court Challenge Against EU Antitrust Ruling, Faces Fine of EUR 2.42 Billion
Google suffered a setback after Europe's second-highest court dismissed its challenge to an EU antitrust ruling and EUR 2.42 billion (roughly Rs. 20,830 crore) fine in a major win for EU competition chief Margrethe Vestager.
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Amazon Said to Seek Settlement for EU Antitrust Investigations
Amazon is seeking to settle two EU antitrust investigations to stave off potential hefty fines and orders to change its business practices, people familiar with the matter said.
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EU Commission to Be Sole Enforcer of Tech Rules, EU Countries Agree
Representatives from EU countries have agreed that the European Commission will be the sole enforcer of new tech rules, with a limited role for national antitrust watchdogs instead of the wider powers sought for them, officials said.
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EU Said to Be Unlikely to Issue Break-Up Order to Google for Now
EU antitrust authorities are said to be contemplating an order for Alphabet's Google to halt anti-competitive practices in its adtech operations, but they will not order a breakup as previously suggested. Regulators are expected to announce a decision related to the investigation into Google's adtech practices in the upcoming months, accompanied by...
-
Amazon Wins $270 Million Tax Fight In Blow To EU Antitrust Chief
Amazon does not have to pay 250 million euros ($273 million) in back taxes to Luxembourg, Europe's top court ruled on Thursday, marking a defeat for EU antitrust chief Margrethe Vestager's crackdown on sweetheart tax deals for multinationals.
-
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'...
-
EU Vice President Suggests to Speed Up Work on AI Regulation
The European Union needs to speed up work on artificial intelligence (AI) regulation, Commission vice president Margrethe Vestager suggested. The European Commission put forward regulatory proposals in early 2021, but progress on the legislation has been slow. The EU's draft rules outlaw certain uses such as "generalised surveillance".
-
EU Likely to Reach Political Agreement on AI Law This Year, Says Tech Regulator Chief Vestager
The European Union is likely to reach a political agreement this year that will pave the way for the world's first major artificial intelligence (AI) law, the bloc's tech regulation chief Margrethe Vestager said on Sunday.
-
Metaverse, AI Next Digital Markets to Come Under Regulatory Scanner, Says EU Antitrust Chief
New digital markets like the metaverse and AI will need regulatory scrutiny, EU antitrust chief Margrethe Vestager said on Thursday. The metaverse has come into sharper focus since Facebook changed its name to Meta Platforms two years ago to reflect its bet on the new sector as the successor to the mobile Internet.
-
PlayStation CEO Jim Ryan Met EU’s Antitrust Chief to Discuss Microsoft’s Activision Deal
PlayStation CEO Jim Ryan met with EU’s antitrust chief Margrethe Vestager to discuss Microsoft's $69 billion (about Rs. 5,62,647 crore) bid for Call of Duty maker Activision Blizzard. Sony previously criticised the deal, stating that the Call of Duty IP being claimed by Microsoft poses a “threat to an industry enjoyed by hundreds of millions....
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Spotify and Other Media Firms Ask EU to Take Action Against Apple's 'Unfair' App Store Practices
Spotify and other media firms like Deezer on Wednesday urged action against Apple in a joint letter to the European Commission. The letter asks the bloc's antitrust regulator's Executive Vice-President Margrethe Vestager to take action against Apple for anticompetitive and unfair practices. Spotify has for years accused Apple of using its App Store...
-
EU Antitrust Chief Appeals for Global Approach Towards Big Tech to Avoid Misuse of Enforcement Gaps
Margrethe Vestager, who shaped landmark rules to curb the power of US tech giants, urged global communities to prevent Big Tech from misusing enforcement gaps. These tech giants are also under fire in South Korea, India and Australia.
-
Apple, Other US Tech Giants May Prefer Fines to Compliances: EU Antitrust Chief Margrethe Vestager
Some US tech giants may prefer to pay a fine rather than comply with antitrust rules, the European Union's antitrust chief said, and cited Apple's fight with the Netherlands' competition authority as an example.
-
Google's Advertising Tech Targeted in European Publishers' Complaint
Google became the target of an antitrust complaint by the European Publishers Council over its digital advertising business, which could potentially strengthen EU antitrust chief Margrethe Vestager's investigation into the issue.
-
EU's Margrethe Vestager Says Analysing Metaverse Ahead of Possible Regulatory Action
European Union authorities need to better understand the futuristic digital world known as the 'metaverse' before they can decide how to regulate it, the bloc's antitrust chief said.
-
Google Loses Court Challenge Against EU Antitrust Ruling, Faces Fine of EUR 2.42 Billion
Google suffered a setback after Europe's second-highest court dismissed its challenge to an EU antitrust ruling and EUR 2.42 billion (roughly Rs. 20,830 crore) fine in a major win for EU competition chief Margrethe Vestager.
-
Amazon Said to Seek Settlement for EU Antitrust Investigations
Amazon is seeking to settle two EU antitrust investigations to stave off potential hefty fines and orders to change its business practices, people familiar with the matter said.
-
EU Commission to Be Sole Enforcer of Tech Rules, EU Countries Agree
Representatives from EU countries have agreed that the European Commission will be the sole enforcer of new tech rules, with a limited role for national antitrust watchdogs instead of the wider powers sought for them, officials said.
