Tag: Margrethe Vestager

Here you will find all the articles with the tag: Margrethe Vestager.

Microsoft’s billion-dollar investment in OpenAI on EU’s radar

Microsoft’s billion-dollar investment in OpenAI on EU’s radar

Microsoft's $13 billion (€11.9 billion) investment in OpenAI may go against European merger rules. Regulators are considering investigating the significant investment. The European Commission announced the potential probe. The possible investigation is part of the information the EU body wants... Read more

date5 months ago
‘EU to reach an agreement on AI law this year’

‘EU to reach an agreement on AI law this year’

Margrethe Vestager has stated that the European Union will regulate AI before the end of 2023. The commissioner for digital tech says that the EU is set to lead the way in regulating artificial intelligence. Margrethe Vestager is the European Commissioner for Competition and is also tasked with ... Read more

date1 year ago
EU competition chief to investigate multinationals’ tax deals

EU competition chief to investigate multinationals’ tax deals

The European Union's competition chief, Margrethe Vestager, has announced that the bloc's regulators will likely launch investigations into tax deals between EU countries and multinationals. This follows a review of the arrangements made in the previous decade. Vestager, who has previously order... Read more

date1 year ago
Qualcomm returns to court to fight another EU antitrust fine

Qualcomm returns to court to fight another EU antitrust fine

The US chipmaker is hoping to find the same legal success it had last year. Qualcomm found itself in the EU's General Court again this week as its lawyers sought to overturn a 242-million-euro EU antitrust fine levied by the European Commission Competition Authority. The legal proceedings are ta... Read more

date1 year ago
EU’s Vestager targets Metaverse and ChatGPT for special attention

EU’s Vestager targets Metaverse and ChatGPT for special attention

Competition Commissioner Vestager says that the new virtual world environments deserve scrutiny. Last week an international group of competition regulation enforcers, academics and legislators met in Brussels to discuss the new challenges facing the "competition policy community". The conference... Read more

date1 year ago
EU moves closer to antitrust action over Google’s ad technology

EU moves closer to antitrust action over Google’s ad technology

The EC competition authority is once more soliciting preparatory input from Google's rivals. The European Commission is inching closer to what could be a massive fine for Google over its advertising technology, according to POLITICO. The report says that Google may soon receive a "statement o... Read more

date1 year ago
Spotify joins media firms to call for EU action against Apple

Spotify joins media firms to call for EU action against Apple

Music streaming and media firms like Deezer and Spotify appealed to the European Commission to take action against Apple for unfair practices and anti-competitive behaviour. The appeal was sent as a joint industry letter on Wednesday. The letter to antitrust commissioner Margrethe Vestager deman... Read more

date1 year ago
EC chief calls for aid to help EU clean tech firms compete with US

EC chief calls for aid to help EU clean tech firms compete with US

The head of the European Commission stressed the need to counter America's new "green subsidies". Ursula von der Leyen has called for financing tools to help EU clean tech companies compete against their US competitors, who are benefitting from government support under the US Inflation Reduction... Read more

date1 year ago
‘Vestager pushes urgent aid package to save EU business’

‘Vestager pushes urgent aid package to save EU business’

Commissioner Margrethe Vestager calls for a plan to counter competition from US subsidies. The European Commission's Executive Vice President has proposed a new state aid framework to counter "urgent" challenges posed by the wave of green subsidies to US businesses, POLITICO reports. Vestager... Read more

date1 year ago
EU USB-C charging regulation enforcement to start in December 2024

EU USB-C charging regulation enforcement to start in December 2024

Soon after voting in favor of forcing manufacturers to make USB-C the standard in electronic devices in October, the European Union announced Dec. 27, 2024, as the deadline for companies like Apple to comply. The proposals to make USB-C a common standard by law date as far back as ten years. How... Read more

date1 year ago
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