EU pressures Germany to reduce reliance on Huawei
All member states need to implement measures against 'high-risk' vendors, the Commission says.
This week, the European Commission urged EU member countries to reduce the risks associated with Chinese telecoms equipment in 5G networks, according to a report in POLITICO.
Margarethe Vestager, t... Read more
EU antitrust office takes a second crack at redesigning Amazon
Commissioner Vestager is trying again after her first attempt to redesign Amazon's website site failed in July.
EU competition chief Margrethe Vestager is taking a second shot at forcing Amazon to redesign its website, according to a report in POLITICO. The European Commission aims to implement ... Read more
STMicroelectronics unveils €730 million chip plant in Italy
STMicroelectronics will develop a silicon carbide wafer facility in Italy for 730 million euros ($728 million), the first such project allowed as part of the European push to bring chip manufacturing closer to home.
Supply chain bottlenecks have caused mayhem in various global industries, includ... Read more
EU proposes supply chain emergency powers, leaves businesses worried
The European Commission proposed a new emergency tool to defend supply chains in moments of crisis. EU executive could be given additional powers, such as forcing essential commodities stockpiling and ordering corporations to prioritize particular orders.
According to the Commission, the new Sin... Read more
Amazon will have to do more to end antitrust inquiries, Vestager says
Although Amazon's plans to resolve two European Union antitrust inquiries "appear relevant" to relieve concerns, the bloc's antitrust commissioner believes they may have to be improved further.
The European Commission has begun to evaluate industry feedback on Amazon's proposal to address concer... Read more
EU suggests laws to curb security risks of internet-connected devices
Under proposed European Union guidelines unveiled on Thursday, all internet-connected devices -- ranging from computers to refrigerators to mobile applications -- would have to be reviewed for cybersecurity hazards.
Companies might face fines of up to €15 million or 2.5 percent of their total... Read more
European Commission appeals ruling in strive for €1 billion Intel fine
After losing a legal battle in the General Court, the European Commission appeals the annulment of a 1 billion euro antitrust fine on Intel.
On January 26, the European Commission (EC) suffered defeat in a long legal battle with Intel. The General Court annulled a 1 billion euro antitrust fine.... Read more
European Commission renews 20 year old antitrust rules
The European Commission is revamping the rules that combat cartels and monopolism.
In the coming months, the European Commission (EC) will present a new version of Regulation 1/2003. Commissioner Margrethe Vestager shared the news at the CRA Conference.
Regulation 1/2003 is an important set o... Read more
EU’s Vestager says the cloud computing sector doesn’t raise antitrust alarms yet
Europe's Gaia-X program balances the cloud computing market. Amazon and Microsoft dominate the cloud market, trailed by Alphabet's Google, but it does not currently cause competition worries, according to EU antitrust boss Margrethe Vestager.
Demand for cloud computing services has risen dram... Read more
New EU law will challenge Apple’s tight grip on its App store
The proposed legislation will have a direct impact on how Apple skims commissions from in-app purchases.
Apple is facing one of the biggest challenges yet to how it controls and profits from the App Store, according to reporting in the Wall Street Journal. This comes as Europe prepares to comple... Read more