Browsing: European Commission
Temu is at risk of being fined for breaching European Union consumer-protection law, adding to the e-commerce platform’s regulatory problems a…
As Tesla’s European sales plummet 36% in August, automakers warn EV market now on ‘continual downward trajectory’
Finally Elon Musk had something to cheer about in Europe for a change—sales of new Tesla cars collapsed by roughly…
The EU wants no corner of the digital sphere left untouched, warning X and AI could be next
If 2024 already looks like an annus horribilis for big tech in the EU, the months ahead could prove a…
X owner Elon Musk pushed back against a European Union official who warned him about compliance with the bloc’s new…
British Airways sees travel demand take off, but parent IAG kills bid for Air Europa after EU scrutiny
Airline giant IAG, owner of Spanish airline Iberia and British Airways, said Thursday it had dropped its bid to buy…
Europe fines Oreo-maker Mondelez $366 million for stopping its products from being sold between countries
The European Commission has imposed a fine of 337.5 million euros ($366 million) on food company Mondelez, the owner of…
BYD and Tesla race to carve up European EV market with Chinese carmaker planning to leapfrog Elon Musk by 2030
European automakers will increasingly play third wheel in the continent’s electric car market, as China’s BYD races for dominance with…
Microsoft’s $13 billion deal with OpenAI falls short of a takeover, EU competition regulator finds
Microsoft Corp.’s $13 billion investment into OpenAI Inc. is set to avoid a formal investigation by European Union merger watchdogs, calming fears…
In late 2019, the European Union kicked off its Green Deal with the aim of leading the world into a…
Spotify CEO Daniel Ek takes aim at Apple in video message following $1.84 billion court victory: ‘They want to close down the Internet and make it theirs’
Daniel Ek may have emerged triumphant from his five-year long battle with Apple, but you wouldn’t notice it from the…