Tag: EU
EC OKs €500 Million Luxembourg Scheme To Aid Companies During Russia’s...
The European Commission has approved a €500 million Luxembourgish guarantee scheme to support companies across sectors in the context of Russia's invasion of Ukraine.
The...
EU Sues Five Countries Over Media Content
The European Commission on Thursday said it had referred Czech Republic, Ireland, Romania, Slovakia and Spain to the EU Court of Justice over their...
Canon Loses Appeal Against EU 2016 Fine
On Wednesday Canon lost its challenge against a 28 million euros ($29.4 million) EU fine after Europe's second-top court upheld the sanction imposed for...
EU To OK Volkswagen In $3 Billion Europcar Deal
Volkswagen and a group of EU carmakers are set to win unconditional EU antitrust approval for a $3 billion bid for French car rental company...
Microsoft Changes Its Cloud Services To Appease EU Watchdog
After complaints from rivals, Microsoft is relaxing business terms for its cloud computing service in an attempt to avoid a full antitrust probe in...
EU Antitrust Regulator Raids Fashion Sector Over Cartel Concerns
The EU's antitrust regulator reported that it has raided companies in the fashion industry in several European Union countries on concerns that they may...
The Implementation of the Digital Markets Act with National Antitrust Laws
By Christophe Carugati (Université Paris II)
The December 2020 Commission's proposal for a Digital Markets Act (DMA) reached a compromised text with the Council and...
US, EU Try To Avoid Subsidy Race Over Chip Production
The European Union and the US are soon to announce a joint effort to avert a "subsidy race" as they look to boost production...
EBA Warns About Non-Bank Lenders, Recommends Regulatory Changes
The European Banking Authority (EBA) has warned that the largely unharmonized regulatory regimes across Europe regarding non-bank lending may create challenges for stakeholders, including regulators, and...
BIS Committee Chair Questions Crypto Benefits, Calls for Regulation
Pablo Hernández de Cos, chair of the Basel Committee on Banking Supervision and governor of the Bank of Spain, warned that fast-paced developments in decentralized...