Today: September 21, 2024
Today: September 21, 2024

Latest From Foo Yun Chee

Business|Europe|Technology

EU antitrust regulators to spell out how Apple must open up to rivals

EU antitrust regulators launched proceedings on Thursday to ensure that Apple complies with landmark rules requiring it to open up its closed ecosystem to rivals or

EU antitrust regulators to spell out how Apple must open up to rivals
Business|Europe|Finance|Technology

Google wins EU antitrust fine fight but setback for Qualcomm

Alphabet unit Google won a legal challenge on Wednesday against a 1.49 billion euro ($1.7 billion) European Union antitrust fine, while Qualcomm failed to repeal a

Google wins EU antitrust fine fight but setback for Qualcomm
Business|Europe|Finance|Technology

EU court confirms Qualcomm's antitrust fine, with minor reduction

Europe's second-top court largely confirmed on Wednesday an EU antitrust fine imposed on U.S. chipmaker Qualcomm, revising it down slightly to 238.7 million euros

EU court confirms Qualcomm's antitrust fine, with minor reduction
Business|Europe|Finance

Big Tech, calls for looser rules await new EU antitrust chief

Teresa Ribera will have to square up to Big Tech, banks and airlines if confirmed as Europe's new antitrust chief, while juggling calls for looser rules to help

Big Tech, calls for looser rules await new EU antitrust chief
Business|Europe|Technology

X unlikely to fall under landmark EU tech rules, source says

Elon Musk's X social media platform is unlikely to be subjected to landmark EU tech rules which aim to rein in the power of Big Tech because it does not meet the

X unlikely to fall under landmark EU tech rules, source says
Business|Europe

EU break-up order to Google unlikely for now, sources say

EU antitrust officials are considering ordering Alphabet's Google to end anti-competitive practices in its adtech business, but will not order a breakup as they

EU break-up order to Google unlikely for now, sources say
Business|Entertainment|Technology

Videogame firms hit with EU complaint over 'tricking consumers'

Videogame companies Epic Games, Electronic Arts, Roblox and four others were hit with an EU consumer complaint on Thursday accusing them of misleading gamers into

Videogame firms hit with EU complaint over 'tricking consumers'
Business|Europe|Finance|Technology

Google loses fight against $2.7 billion EU antitrust fine

Alphabet's Google on Tuesday lost its fight against a 2.42 billion euro ($2.7 billion) fine levied by EU antitrust regulators seven years ago, one of a trio of

Google loses fight against $2.7 billion EU antitrust fine
Business|Europe|Technology

EU's Vestager triumphs in crackdown on Apple's tax deal, Google's practices

EU antitrust chief Margrethe Vestager scored two major wins on Tuesday as Europe's top court backed her crackdown against Apple's Irish tax deal and Google's anti-

EU's Vestager triumphs in crackdown on Apple's tax deal, Google's practices
Business|Economy|Europe

EU top court should reject Air France-KLM cartel fine appeal, court adviser says

Europe's top court should reject an appeal by Air France KLM and its Dutch unit KLM, British Airways, Singapore Airlines and some of their peers against cartel

EU top court should reject Air France-KLM cartel fine appeal, court adviser says
Business|Europe|Technology

Google limits on Android Auto access may breach EU rules, court adviser says

Google's refusal to allow an e-mobility app developed by Enel access to its Android Auto platform may breach competition rules, an adviser to Europe's top court

Google limits on Android Auto access may breach EU rules, court adviser says
Business|Europe|Technology

EU regulators to seek feedback on Google's compliance proposals to avert charges

European Union antitrust regulators will seek feedback next week on Google's proposals to comply with tech rules aimed at promoting fair competition, people with

EU regulators to seek feedback on Google's compliance proposals to avert charges
Business|Europe|Health|News|Science|Technology

Illumina wins Grail battle in blow to EU merger power

U.S. gene sequencing company Illumina on Tuesday won its court fight against the European Union's investigation of its $7.1 billion purchase of cancer diagnostic

Illumina wins Grail battle in blow to EU merger power
Business|Europe|Technology

Hewlett Packard Enterprise set for EU nod for $14 billion Juniper deal, sources say

Hewlett Packard Enterprise (HPE) is expected to secure unconditional EU antitrust approval for its $14 billion acquisition of networking gear maker Juniper Networks

Hewlett Packard Enterprise set for EU nod for $14 billion Juniper deal, sources say
Economy|Europe|Health

EU clears $2.2 billion Dutch state aid for medical isotopes for cancer treatment

The Netherlands on Friday secured EU approval for 2 billion euros ($2.2 billion) of state aid to build a nuclear reactor to produce medical isotopes for cancer

EU clears $2.2 billion Dutch state aid for medical isotopes for cancer treatment
Europe|Health|News

Dutch set to win EU nod for $2.2 billion state aid for new nuclear reactor

The Dutch government is set to secure EU approval for 2 billion euros ($2.2 billion) of state aid to build a nuclear reactor to produce medical isotopes for cancer

Dutch set to win EU nod for $2.2 billion state aid for new nuclear reactor
Business|Europe|Technology

Meta to be hit with first EU antitrust fine for linking Marketplace and Facebook, sources say

Meta Platforms is set to be hit in a few weeks with its first EU antitrust fine for tying classified advertisements service Marketplace with its Facebook social

Meta to be hit with first EU antitrust fine for linking Marketplace and Facebook, sources say
Business|Economy|Europe

Bunge, Viterra $34 billion deal heading for conditional EU nod, source says

U.S. grains merchant Bunge and Glencore-backed Viterra's $34 billion merger deal is heading towards conditional EU antitrust approval, a person with direct

Bunge, Viterra $34 billion deal heading for conditional EU nod, source says
Business|Technology

EU antitrust regulators want to know if Google and Samsung's chatbot deal hinders rivals

EU antitrust regulators are asking industry participants if Google's multi-year generative artificial intelligence (AI) deal with Samsung hinders rival chatbots on

EU antitrust regulators want to know if Google and Samsung's chatbot deal hinders rivals
Business|Europe

EU antitrust regulators accept Vifor Pharma's pledge not to disparage rival

EU antitrust regulators on Monday accepted Australian group CSL unit Vifor Pharma's concessions to address potential anti-competitive behaviour towards a rival

EU antitrust regulators accept Vifor Pharma's pledge not to disparage rival
Business|Economy|News|Technology

ByteDance must keep gatekeeper label, EU court says in boost for regulators

TikTok owner ByteDance on Wednesday lost its court challenge against its designation as a gatekeeper under landmark European Union rules, in a boost for antitrust

ByteDance must keep gatekeeper label, EU court says in boost for regulators
Business|Economy

Bunge, Viterra offer to sell EU assets seeking EU approval for $34 billion merger

U.S. grains merchant Bunge and Glencore-backed Viterra have offered to divest assets in two EU countries aimed at winning EU antitrust approval for their $34

Bunge, Viterra offer to sell EU assets seeking EU approval for $34 billion merger
Business|News|Technology

EU charges X with deceiving users via blue checkmark, draws Musk's ire

Elon Musk's social media company X breached European Union online content rules and its blue checkmark deceives users, EU tech regulators ruled on Friday in a

EU charges X with deceiving users via blue checkmark, draws Musk's ire
Business|Technology

Apple lets rivals use tap-and-go payments as EU's Vestager warns on tech charges

Apple will open its tap-and-go mobile payments system to rivals, EU antitrust regulator said on Thursday, even as its chief Margrethe Vestager said the iPhone maker

Apple lets rivals use tap-and-go payments as EU's Vestager warns on tech charges
Business|Technology

Microsoft in $22 million deal to settle cloud complaint, ward off regulators

Microsoft has clinched a 20-million-euro ($21.7 million) deal to settle an antitrust complaint about its cloud computing licensing practices, averting an EU

Microsoft in $22 million deal to settle cloud complaint, ward off regulators

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