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EU

EU May Ease State-Aid Rules For Funding New Chip Plants

The European Union may ease state-aid rules to allow the funding of new chip plants to tackle shortages in the bloc, its competition chief...
Mastercard cards with logos

EU’s Rival To Visa & Mastercard Asks For State Funding

A planned pan-European payments network backed by 22 banks to compete with US duo Mastercard and Visa appealed on Tuesday for public money, reported...
EU US

Vestager Warns US/EU Must Avoid Subsidy Race Over Chip Shortage

The United States and the European Union must avoid a subsidy race as they rush to support semiconductor production amid a global chip shortage,...
deal

EU OKs Macquarie & CDP Fiber Deal

The acquisition of broadband network company Open Fiber by Italy's state lender Cassa Depositi e Prestiti (CDP) and Australian fund Macquarie has won EU...
Big Tech

US Gov Sees Trade Secret Risk In EU Draft Tech Rules

New draft EU rules requiring US tech giants to share information with rivals could put companies' intellectual property and trade secrets at risk, the United...
Google

Google Loses Appeal Against 2017 EU Ruling & $2.8B Fine

The EU's General Court ruled Wednesday that the European Commission was right in fining Google for an antirust breach, reported The Wall Street Journal. The...
Facebook

Facebook Whistleblower Says EU Tech Rules Should Be Standard

Facebook whistleblower Frances Haugen told EU lawmakers that draft rules requiring tech firms to do more to tackle illegal online content could become a...
Amazon

Amazon Loses Bid To Prevent EU & Italy Running Parallel Probes

This week Amazon lost a European Union court bid to prevent the bloc’s antitrust arm and Italy running parallel investigations into concerns over how...
Green project

Vestager Says More State Aid To Be Granted For Green Projects

According to Vestager, EU countries will be allowed to pump more money into green projects in climate, energy and the environment under new state...
Goldman Sachs

EU Clears Acquisition Of Parexel By Goldman Sachs

The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Parexel by Goldman Sachs Group, both of the...
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