Here's the week's top NFT and metaverse news NFT volume reached $2 billion—the highest level since May. Fortune · Mar 3, 2023
Can the EU keep up with the US on green subsidies? The huge incentives in the Inflation Reduction Act are provoking a debate in Europe with ramifications for the entire single market Financial Times · Feb 1, 2023
Can EU anger at Biden’s ‘protectionist’ green deal translate into effective action? Analysts warn bloc’s lack of industrial policy may impede riposte to $370bn US subsidy package The Guardian - UK · Jan 18, 2023
US, EU agree to intensify talks on 'green subsidies' dispute The United States and European Union have agreed to intensify talks to resolve EU concerns over major subsidies for American companies contained in a U.S. clean energy law The Independent UK · Dec 5, 2022
The UK reined in Rupert Murdoch. Why can’t we stop Vincent Bolloré in France? The billionaire is poised to gobble up titles like Paris Match and publisher Hachette. Europe must intervene to uphold media freedom The Guardian - UK · Nov 30, 2022
U.S.-Europe Trade Booms as Old Allies Draw Closer The global economic map is rapidly transforming, with trade and investment between the U.S. and Europe booming as Russia's war in Ukraine and fraying ties between the West and China draw the transatlantic allies closer. Bangkok Post · Nov 21, 2022
Valencia wins fight against EU state aid decision, another blow for EU Spanish soccer club Valencia on Thursday won its fight against an EU state aid decision as Europe's top court said competition regulators had failed to prove their case in yet another blow to EU antitrust chief Margrethe Vestager's tax crackdown. Reuters · Nov 10, 2022
Top European official: if Twitter ignores the law, penalties will 'haunt' Elon Musk In her first interview since Musk took the reins of Twitter, Margrethe Vestager said there will be serious penalties against Twitter if the platform ignores new European speech laws. WEKU · Oct 31, 2022
EU may extend easier state-aid rules due to Ukraine war EU regulators are considering extending easier state-aid rules which allow governments to support businesses affected by the war in Ukraine to end-2023, and with bigger amounts permitted, competition chief Margrethe Vestager said on Wednesday. Reuters · Oct 26, 2022
EU Commissioner says UK should find ways to resolve protocol impasse Margrethe Vestager said European Union has tabled ‘many pragmatic solutions’ to the issues raised by the UK. The Independent UK · Sep 30, 2022
EU proposes emergency powers over supply chains, raising concerns among some companies Under draft legislation that would give Brussels emergency powers to tackle future supply chain crises, Europe-based companies could be made to prioritise the production of key products and stockpile goods. Radio France Internationale · Sep 20, 2022
Google fails to overturn €4bn fine over Android bundling Europe’s competition commission has imposed €8.25bn in antitrust fines on the company The Guardian - UK · Sep 14, 2022
EU Court’s Wednesday Ruling on Record $4.4b Google Fine May Set Precedent A ruling on Wednesday by Europe's General Court on whether Alphabet's (GOOGL.O) Google should face a record EU antitrust fine of 4.34 billion euro ($4.4 billion) for using its Android mobile operating system to quash rivals could set a precedent for other regulators looking into its business practices. Google will… Asharq Al-Awsat · Sep 14, 2022
EU Commission to end relaxed COVID-19 state aid scheme The European Commission says it will gradually put an end to temporary rules that allowed the 27 EU member countries to benefit from extra public support during the coronavirus pandemic The Independent UK · May 12, 2022
Benzinga · May 5, 2022 Europe Antitrust Chief: Stopping Tech Giants Like Apple, Facebook From 'Exploiting Enforcement Gaps' Requires Global Unity European Commissioner for Competition Margrethe Vestager on Thursday called for a global approach toward Big Tech companies to prevent them from taking advantage of enforcement gaps.
Input · May 2, 2022 EU targets Apple Pay in new antitrust case Apple's walled garden is being called into question with increasing frequency.
The Guardian - UK · May 2, 2022 EU claims Apple breaking competition law over contactless payments Company accused of abusing market position to limit rivals’ access to technology required for tap-and-go transactions
The Guardian - UK · Apr 23, 2022 EU agrees rules to force big tech to rein in illegal content or face huge fines Digital Services Act can now fine platforms like Facebook, Google and Twitter up to 6% of their global revenue
Bangkok Post · Apr 23, 2022 EU agrees on internet rulebook for Google, Facebook, other tech giants BRUSSELS: European Union countries and EU lawmakers on Saturday clinched a deal on new rules requiring tech giants to do more to police illegal content on their platforms and to pay a fee to regulators monitoring their compliance.
Radio France Internationale · Mar 25, 2022 Europe agrees landmark law to rein in Big Tech dominance Negotiators from the European Parliament and EU member states have agreed on new rules they hope will curb the dominance of Big Tech giants such as Google, Meta, Amazon and Apple.