competition
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...
Euronews (English)
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...
Euronews (English)
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...
Euronews (English)
Washington (AFP) - A US judge on Thursday pushed against the central pleas of both US government and Google lawyers as he heard their closing arguments at a landmark antitrust trial in Washington. Federal Judge Amit Mehta, whose decision is not expected until later in the year, raised his questions during two days of hearings that come six months after the conclusion of testimony. The case is the first of five major lawsuits by the US government to reach trial, with Meta, Amazon, Apple and a separate case against Google also heading for federal court. The trial is the first time the US Departm...
AFP
A US regulator voted on Thursday to restore "net neutrality" rules which prevent internet providers from favouring certain websites over others. The move will bring back "a national standard to ensure the internet is fast, open, and fair," the Federal Communications Commission (FCC) said on Thursday. It restores an order that was first issued in 2015 under the Obama administration and later repealed under the Trump administration. The measure passed Thursday on a 3-2 vote split along party lines, with Democratic commissioners in favour and Republicans opposed. Net neutrality requires internet ...
Euronews (English)
Brussels has long accused Beijing of employing distorting and discriminatory practices that make it all but impossible for European companies to win public contracts in China in the valuable sector of medical devices, where the bloc still retains a competitive edge. These practices include slow certification processes and opaque approval systems for foreign manufacturers, as well as policies to beef up the national economy. In addition, the EU's medical device industry has repeatedly reported that Chinese public tenders previously open to imports now specifically request China-made products. G...
Euronews (English)
The European Commission on Tuesday carried out unannounced inspections at a company in the security equipment sector, the first to be done under the Foreign Subsidies Regulation. The new rules, which applied since July 2023, aim to tackle distortions caused by foreign subsidies and ensure a level playing field for all companies operating in the EU market. So far, the Commission has opened several investigations under the regulation, including into Chinese solar panel manufacturers and wind turbine producers, but this is the first time it has acknowledged raiding premises. "The Commission has i...
Euronews (English)
Leaders of 23 EU member states and the European Commission have signed a Solar Charter pledging to step up financing opportunities, skills capacity and to address unfair competition in the bloc during an Energy Council. Austria, Belgium, Bulgaria, Croatia, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, Luxembourg, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and the Netherlands signed the European Solar Charter in Brussels on Monday (April 15) in Brussels in an attempt to accelerate deployment of solar energy in the EU, with a view to r...
Euronews (English)
Washington (AFP) - 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. Launched under both the Trump and Biden administrations, five major cases from the Federal Trade Commission (FTC) and the Department of Justice (DOJ) are moving forward against major US technology companies -- including two against Google that could see the company split up. The most recent came in March against Apple by the FTC, which alleges the iPhone...
AFP
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