The European Union (EU) has approved Japan's Nippon Steel's acquisition of US Steel for $14.9 billion despite facing opposition in the United States.
Tags: European Commission
European Court Orders Apple to Pay Ireland a Massive $14B in Back Taxe
Ireland is set to receive a €13 billion ($14 billion) tax payment from Apple after an EU court ruling, despite Apple's objections and Ireland's reluctance to collect the back taxes.
European Commission President Ursula von der Leyen Re-Elected to Second Term
The European Commission has re-elected its president, Ursula von der Leyen, for another five-year term. The continent is facing crises ranging from the war in Ukraine to climate change to migration to economic issues.
Meta Faces $13 Billion Fine For Violating Digital Laws With its 'Pay or Consent' Data Privacy Model
The European Commission alleged that Meta violated digital laws under the Digital Markets Act (DMA) with its subscription-based ad-free model, and $13.5 billion in fines could be imposed.
Microsoft Allegedly Violates EU's Antitrust Law by Bundling Teams With Office Software
The European Union found that Microsoft violated antitrust rules for bundling its Teams app with its productivity software, potentially leading to fines or required changes to restore competition.
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The EU may ban Russian funding for political parties, think-tanks, and other entities. European Commission Vice President Vera Jourova speaks during the UK Artificial Intelligence (AI) Safety Summit at Bletchley Park, in central England, on November 1, 2023.
TikTok plans to take down a feature that incentivizes app users in France and Spain to watch videos, following regulatory scrutiny from the European Commission.
Meta's fee-based privacy model, facing opposition from the EU's privacy watchdog, prompts criticism for requiring users to pay for privacy protection, with advocacy groups calling for clarity on the issue.
The EU probes tech giants Apple, Google, and Meta under Digital Markets Act for potential violations to curb market dominance. Apple recently fined $2B.
Epic Games CEO Tim Sweeney said it was Apple's way of retaliating against antitrust lobbying, prompting an EU investigation and a possible billion-dollar fine for Apple.
EU fines Apple $2B for favoring its music streaming service over competitors on the App Store, marking the first antitrust penalty against the tech giant. Apple plans to appeal.
The European Commission asserts that the new functionality will negatively impact the functionality and accessibility of iOS web apps, prompting investigations into compliance with the Digital Markets Act.
O2 CZ/CETIN and T-Mobile CZ is now under investigation by the European Commission on Tuesday. European Commission is to investigate whether the mobile telecoms network-sharing deal between the two major telecommunications company restricts competition in the Czech Republic.
The European Commision has been alarmed with rising problems on fraud and fragmentation. Realizing the need to relax VAT rules, they made an action upon it.
