BRUSSELS—A deal between EU countries and EU lawmakers that would require tech giants to do more to police content on their platforms could be agreed next month, EU antitrust chief Margrethe Vestager said on Monday. Vestager proposed the Digital Services Act, (DSA) which forces tech giants to do more to tackle illegal content or risk…
Deal on Rules Forcing Tech Giants to Police Content Possible in April, EU’s Vestager Says
EU Loosens State Aid Rules for Companies Affected by Sanctions on Russia
BRUSSELS—EU companies affected by sanctions imposed on Russia can get up to 400,000 euros ($440,360) in state support and compensation up to 30 percent of energy costs under looser EU state aid rules, the European Commission said on Wednesday. From airlines to carmakers to tourism businesses, thousands of companies across the 27-country bloc have reported…
Google Launches Fresh Appeal to Overturn $2.8 Billion Fine at Top EU Court
January 22, 2022
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Google is filing an appeal at the European Union’s top court against an earlier decision to uphold a $2.8 billion (2.47 billion euros) antitrust fine, a spokesperson for the Alphabet unit said late on Thursday, the company’s second bid to overturn the penalty. EU Competition Commissioner Margrethe Vestager fined the world’s most popular internet search engine…
EU Says Chips Policy Aim Is to Ensure Resilient Supply Chain
November 18, 2021
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BRUSSELS—The European Union’s policy on state aid for the production of semiconductors will seek to avoid a subsidy race, and companies must aim for diversification to ensure a robust supply chain across the bloc, the European Commission said on Thursday. “Each case for the supply of semiconductors will be rigorously assessed based on their respective…
US, EU Must Avoid Subsidy Race Amid Chip Shortage: EU’s Vestager
November 12, 2021
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The United States and the European Union must avoid a subsidy race as they rush to support semiconductor production amid a global chip shortage, EU Competition Commissioner Margrethe Vestager said on Friday. “We really need to avoid a subsidy race, a race that leaves everyone poorer off,” Vestager said in a speech at the University…
EU Competition Commissioner Warns of More Anti-Cartel Raids, Criticises ‘No-Poach’ Deals
BRUSSELS—EU enforcers are planning a series of raids against companies suspected of illegal price-fixing, Europe’s antitrust chief warned on Friday, as she also sounded the alarm about competition in labor markets due to “no-poach” deals. The European Commission last week raided Europe’s largest pulp producers Stora Enso and UPM, and Metsa Board unit Metsa Fibre,…
EU’s Vestager Warns Apple Against Using Privacy, Security to Limit Competition
BRUSSELS—Europe’s tech chief Margrethe Vestager on Friday warned iPhone maker Apple against using privacy and security concerns to fend off competition on its App Store, reasons CEO Tim Cook gave for not allowing users to install software from outside the Store. Vestager, who is also the European Commission’s executive vice president, last year proposed rules…
Amazon Wins $303 Million Court Fight in Blow to EU Tax Crusade
BRUSSELS—Amazon won its fight against an EU order to pay about 250 million euros ($303 million) in back taxes to Luxembourg in another blow to competition chief Margrethe Vestager’s crusade against preferential deals. The bloc failed to show that Luxembourg had given the U.S. online retailer special treatment in violation of state-aid rules, the EU’s…
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