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EU Hits Oreo Maker Mondelez With 337.5 Mn Euro Antitrust Fine

The EU on Thursday slapped a 337.5 million euro ($366 million) fine on Mondelez, the US confectioner behind major brands including Toblerone and Oreo, for forcing consumers to pay more by restricting cross-border sales.

International Business Times

Toblerone maker Mondelēz fined €337.5m for anti-competitive practices

Toblerone maker Mondelēz fined €337.5m for anti-competitive practices

Food group illegally prevented retailers from sourcing products from EU states where prices were lower

The Guardian - UK

After Long Peace, Big Tech Faces US Antitrust Reckoning

After Long Peace, Big Tech Faces US Antitrust Reckoning

After more than a decade of leaving Big Tech largely to itself, US antitrust enforcers have cranked up the heat, with several high-profile cases underway that could radically change the way the industry's giants do business.

International Business Times

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Brussels aims to remove Chinese energy giants from the EU market

Beijing said Wednesday it was "highly concerned" over a European Union probe into Chinese wind turbine suppliers.

Radio France Internationale

EU Probes Chinese Wind Turbine Suppliers Over Subsidies

The European Union on Tuesday announced a probe into Chinese wind turbine suppliers, the latest move by Brussels targeting Beijing over green tech subsidies suspected of undermining fair competition.

International Business Times

EU To Monitor Microsoft's Hiring Amid Potential Industry Impact

EU competition chief Vestager closely monitors Microsoft's actions for potential antitrust violations, raising concerns over fair competition.

The EU thinks you should be able to uninstall core apps like Photos on your iPhone — competition chief reveals "Apple's compliance model does not seem to meet the objectives of this obligation"

The EU has said Apple's DMA compliance isn't up to scratch because the company doesn't let users uninstall important apps like Photos.

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EU investigates Apple, Meta and Google owner Alphabet under new tech law

EU investigates Apple, Meta and Google owner Alphabet under new tech law

Technology groups face hefty fines if they are found guilty of breaching Digital Markets Act

The Guardian - UK

Fleetwood Mac's 'Rumours' Reaches New Streaming Chart Peak

Fleetwood Mac's 'Rumours' Reaches New Streaming Chart Peak

Fleetwood Mac's classic album 'Rumours' climbs music charts, showcasing enduring popularity despite band's hiatus.

EU's Vestager Warns About Apple And Meta Fees

EU's Vestager Warns About Apple And Meta Fees

EU antitrust chief warns tech giants Apple and Meta about anti-competitive practices in digital market, emphasizing fair competition and consumer protection.

EU Faces Uphill Battle To Rein In Big Tech

EU Faces Uphill Battle To Rein In Big Tech

The EU's landmark curbs on how tech titans do business online kick in from Thursday, but just how far Brussels succeeds in bringing the giants to heel will hinge on bitter battles that still lie ahead.

International Business Times

EU Will Force Big Tech To Change 'Behaviour': Competition Chief

EU Will Force Big Tech To Change 'Behaviour': Competition Chief

The EU is prepared to deploy its full arsenal to force big tech companies to change their behaviour online, the bloc's competition chief said Wednesday, the day before a sweeping new law comes into force.

International Business Times

EU to boost defence industry in a bid to move away from US dependency

EU to boost defence industry in a bid to move away from US dependency

EU plans to boost defense industry in response to Russia's threat, aiming for strategic independence from U.S. in arms procurement.

EU Proposes Vast Defence Boost As Ukraine War Drags On

EU Proposes Vast Defence Boost As Ukraine War Drags On

EU officials on Tuesday unveiled an ambitious proposal to massively boost weapons production and procurement in the bloc to shift from a reliance on US arms and in reaction to Russia's invasion of Ukraine.

International Business Times

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The EU fines Apple nearly $2 billion for hindering music streaming competition

Apple muzzled streaming services from telling users about payment options on their websites, which avoids a 30% fee charged when people pay through apps downloaded with the iOS App Store, the EU said.

Radio France Internationale

Apple facing €1.8bn EU fine for breaking music streaming competition laws

The European Union issued its first antitrust penalty against Apple on Monday, fining the US tech giant €1.8 billion for breaking the bloc's competition laws by unfairly favoring its own music streaming service over rivals.

International Business Times

Apple Hit With 1.8-bn-euro EU Fine For Music Streaming Restrictions

The EU on Monday hit Apple with a 1.8 billion-euro-fine ($1.9 billion) for violating the bloc's laws by preventing music streaming services from informing users about subscription options outside of its App Store.

EU's Vestager skeptical about Big Tech's compliance with EU rules

European Union's competition chief, Margrethe Vestager, expresses skepticism regarding whether big tech companies will fully comply with new EU regulations.

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EU Warns Apple of Consequences if App Store Changes Disappoint

The European Union has warned Apple that it could face significant consequences if it does not make adequate changes to its App Store policies, according t...

The European bureaucrat who sends a chill through Big Tech just said she's looking closely at Microsoft's relationship with OpenAI. It could be a very big deal

Margrethe Vestager, the European Commission’s top antitrust official, has a history of investigating Microsoft, Google, and their Big Tech peers.

The Independent UK

Microsoft's OpenAI investment could trigger EU merger review

The European Union says Microsoft’s multibillion-dollar investment in ChatGPT-maker OpenAI could trigger a merger investigation

International Business Times

EU Examines Microsoft Investment In OpenAI

The European Union's competition regulator said Tuesday it was looking into Microsoft's investment into ChatGPT developer OpenAI to see if it merits further investigation under the bloc's merger rules.

The Guardian - UK

EU announces €4bn state aid to back battery and green tech factories

Support aims to stop production being lured overseas with promise of bigger foreign subsidies

International Business Times

EU Approves 900-mn-euro German Aid For Battery Plant

The EU approved Monday a 900-million-euro German state subsidy for electric vehicle battery firm Northvolt to build a plant in Germany that might have otherwise been lured to the United States.

The Independent UK

Amazon won't have to pay hundreds of millions in back taxes after winning EU case

Amazon won’t have to pay about $273 million in back taxes after European Union judges ruled in favor of the U.S. e-commerce giant

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