competition
Apple is breaching the EU’s Digital Markets Act (DMA) with its App Store rules, the European Commission said in preliminary findings sent to the company on Monday. According to the EU executive, the tech giant prevents app developers from freely steering consumers to alternative channels for content. Under the DMA – the EU competition rules that took effect in March of this year – developers distributing their apps via Apple's App Store should be able, free of charge, to inform their customers of alternative cheaper purchasing possibilities, steer them to those offers and allow them to make pu...
Euronews (English)
The sole company authorised to collect and recover packaging waste in Czechia may have a conflict of interest in its dual role as a waste collector with powers of authorisation over competitors in breach of EU competition rules, the European Commission has warned Prague, according to a statement published today (June 11). EKO-KOM is the only company operating in the country offering collection and recovery services for packaging waste to over 20,000 business for more than two decades. The EU executive considers that national legislation in force since 2002, the Czech Packaging Act, has likely ...
Euronews (English)
Unbundling Teams from Microsoft Office might not suffice to comply with the EU’s competition rules, Microsoft Vice Chair and President Brad Smith said today (4 June). Last October, the company decided to separate the services after the European Commission launched a formal investigation into the tech giant in July 2023 over concerns that it gave its messaging and videoconferencing app Teams an unfair advantage over its competitors by including it within its Office 365 and Microsoft 365 packages. Speaking at a media roundtable in Brussels, Smith said that despite much being done to resolve the ...
Euronews (English)
Airbus, BMW and Michelin are among 11 companies set to receive millions in public subsidy to develop low-carbon hydrogen technology after EU competition officials approved a whopping package of state aid for an ‘important project of common European interest’ (IPCEI). The Hy2Move project, which as its name implies is intended to develop transport fuels, was prepared jointly by Estonia, France, Germany, Italy, Netherlands, Slovakia and Spain, who requested an exemption from single market rules that normally prohibit national subsidies. It is hoped the state aid will be matched by €3.3bn in priva...
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A joint call for action issued by France and Germany on the eve of today's Competitiveness Council (24 May) proposes measures to boost industry competitiveness for the next five years, targeting cross-border energy infrastructure, critical raw materials and discussions on the 2040 climate target. The joint-paper signed by German Vice-Chancellor Robert Habeck, German Federal Minister for the Economy and Climate Protection, and Bruno Le Maire, French Minister for the Economy, Finance and Recovery, calls on the next European Commission's work programme to focus on specific priorities including si...
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Washington (AFP) - The US Department of Justice filed a major antitrust lawsuit Thursday seeking to break up an alleged monopoly in the live music industry between concert promoter Live Nation Entertainment and its subsidiary, bookings website Ticketmaster. The lawsuit, filed in a federal court in New York, claims that Live Nation has abused its dominant market position to raise ticket fees, squeeze out competitors and limit choices for fans, venues and artists. "Live Nation relies on unlawful, anticompetitive conduct to exercise its monopolistic control over the live events industry in the Un...
AFP
Euronews (English)
Hotel and apartment rental website Booking.com has been designated as a gatekeeper under the EU’s competition rules for platforms, the Digital Markets Act (DMA), the European Commission said today (13 May). This followed the Dutch company notifying the Commission on 1 March that its services potentially met the DMA thresholds. The EU law brings in tougher rules for tech companies and makes it easier for users to move between competing services. The EU executive also said it opened a market investigation to further assess the rebuttal submitted by online platform X, after it said it did not qua...
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Investment in clean technologies such as solar photovoltaics (PV), batteries, wind power, electrolysers and heat pumps soared by 70% last year with China accounting for three-quarters of global investments, according to a report published today (May 6) by the International Energy Agency (IEA) assessing the pace of clean tech manufacturing. China houses more than 80% of global solar PV module manufacturing capacity and battery production and is the world’s largest exporter of EV batteries, accounting for about 70% of total exports in 2023. The Asian giant currently controls nearly 90% of global...
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Lawyers for the US government and Google are presenting closing arguments in the largest US antitrust case in years this week. US District Judge Amit Mehta is set to issue a ruling in the late summer or early autumn. If he decides Google broke the law, another trial will determine how to rein in its market power. The judge went back and forth with Google's main litigator, John Schmidtlein, on the first day of the trial's closing arguments. Mehta questioned whether another company had the money and data necessary to develop a search engine to compete with Google. “It seems to be very, very unli...
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