The European Union’s antitrust chief says she’s taken the unusual step of scrutinising Facebook’s planned cryptocurrency because of the risk that libra will lead to the creation of a new, entirely separate economy.
Browsing: Margrethe Vestager
Apple fights the world’s biggest tax case in a quiet courtroom this week, trying to rein in the European Union’s powerful antitrust chief ahead of a potential new crackdown on Internet giants.
The European Union’s antitrust chief called for more rules to rein in how companies collect and use information, offering the first clues into how she may use new powers to target big technology firms.
Technology firms are “robot vacuum cleaners” sucking up valuable data in a way that can undermine competition, European Union antitrust chief Margrethe Vestager said in a speech on Tuesday.
Google has confirmed it has appealed against a €1.5-billion fine issued by the European Commission for alleged illegal practices in search advertising.
The smart money is still on Europe taking the more adventurous and aggressive antitrust measures. But there’s no ignoring the shift on both sides of the Atlantic.
When Apple went head-to-head with Spotify in 2015 by launching a music streaming service, things were always likely to turn ugly.
Google has been issued a €1.5-billion fine by the European Commission for alleged illegal practices in search advertising.
Google is to begin asking Android users in Europe about their preferred search engine and Web browser apps after being accused of abusing its position by the EU competition authorities.
European Union competition commissioner Margrethe Vestager coolly hit Google with a €4.3-billion fine last week, the biggest penalty in the history of antitrust enforcement. It didn’t have to be that way.