EU will open an office in San Francisco to oversee tech regulation
The new office will help coordinate transatlantic regulatory initiatives.
The European Commission, the executive branch of the European Union government, is opening a San Francisco office on September 1, according to a report in the Wall Street Journal. The new office will liaise with Silicon Va... Read more
Big tech ‘shadow lobbying’ under fire in European Parliament
Members of the European Parliament are outraged by shell groups driving big tech arguments.
Three members of the European Parliament (MEP) call for a probe into unregistered lobbying initiatives from various big tech companies. The MEPs requested the EU to suspend all groups breaking transparen... Read more
European Union plans to ease IPO rules to attract 45 billion euros
The EU Commission aims to lure 45 billion euros in reserved money. Additionally, they will analyze how startups can offer stocks to new employees.
The EU plans to increase deep-technology startups within Europe by luring 45 billion euros in reserved money, making it increasingly easy for the cre... Read more
Lobby groups call for increased US-EU cooperation on tech research
Industry groups on both sides of the Atlantic call for closer regulatory alignment for emerging technologies and coordinated protection from China
American and European business lobby groups have urged the US and EU to support research collaboration on key emerging technologies such as artificia... 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
Apple bends to ACM’s demands after €50 million fine
Dutch market regulator ACM is positive about the adjustments Apple proposes for dating app developers. When accepted, the proposal ends a months-long conflict between the regulator and Apple.
In the past months, ACM and Apple have been disputing the App Store conditions for Dutch dating app deve... Read more
Acquisition of Arm by Nvidia has been cancelled
The sale of Arm to Nvidia will not go ahead. Nvidia decided to do so in consultation with tech investor Softbank, the owner of Arm. The reason for the cancellation is the difficulties in getting approval from regulators. The plan is now to take Arm public because Softbank does not want to remain th... Read more
AMD acquisition of Xilinx barred by regulators, delayed until Q1 2022
The acquisition of chip manufacturer Xilinx by AMD will be completed in the first quarter of 2022. Its realization has been delayed by a lack of approval from various competition regulators.
According to AMD, the 31 billion euro acquisition of Xilinx is delayed. Though AMD initially hoped to rea... Read more
Britain forces tougher competition rules on Big Tech
The move targets American tech giants Google and Facebook.
It seems that US Big Tech just cannot get any sympathy in Europe. Britain is now going to impose a new competition regime on Google and Facebook.
In what has become a common theme in European regulations, the move by the U.K. seeks t... Read more
EU digital chief talks to tech giants about upcoming DSA & DMA rules
An EU official announced that the European Union's digital chief has invited companies like Alphabet, Apple, Amazon, and Facebook for video meetings next week. They will talk about the drafting of rules to curb the companies' powers.
Tech companies and online platforms have lobbied very hard to ... Read more