The European Commission earlier this month launched an antitrust investigation over Corning's exclusive supply deals that may exclude rival glass producers from large segments of the market
Meta could face a fine of as much as $13.4 billion - or 10% of its 2023 global revenue - although EU sanctions are usually much lower than that cap
The European Commission handed down the 331 million euro ($354 million) fine in 2014 to Servier, as well as fines to generic drugmakers Teva, Unichem and its subsidiary Niche, Matrix
The people said the European Union antitrust regulator had decided not to investigate the partnership under EU merger rules, but that Microsoft could still face an antitrust investigation
The European Commission's decision was triggered by a 2019 complaint by Swedish music streaming service Spotify over this restriction and Apple's 30% App Store fees
Amazon won't have to pay about 250 million euros (USD 273 million) in back taxes after European Union judges ruled in favour of the US e-commerce giant Thursday, dealing a defeat to the 27-nation bloc in its efforts to tackle corporate tax avoidance. The ruling by the EU's top court is final, ending the long-running legal battle over tax arrangements between Amazon and Luxembourg's government and marking a further setback for a crackdown by antitrust chief Margrethe Vestager. The Court of Justice backed a 2021 decision by judges in a lower court who sided with Amazon, saying the European Commission, the EU's executive branch, had not proved its case that Amazon received illegal state support. The Court of Justice confirms that the Commission has not established that the tax ruling given to Amazon by Luxembourg was a State aid that was incompatible with the internal market of the EU, the court said in a press release. Amazon welcomed the ruling, saying it confirms that the company .
EU is putting the finishing touches to a decision that would prohibit Apple's practice of blocking music services from pushing their users away from the App Store to alternative subscription options
The European Commission is likely to seek feedback next month from rivals and customers before deciding whether to accept Apple's offer, the people said
The five manufacturers are Banner, Clarios, Exide, Elettra and Rombat. They make 12-volt lead batteries which are currently used to start most combustion engine cars
It has been left increasingly isolated in opposition after US regulator, the FTC, failed to block it in court last week, and the CMA has taken the unprecedented step of reopening talks
Slack alleged that its rival had unfairly integrated workplace chat and video app Teams into its Office product
The iPhone maker will set out its arguments to senior European Commission officials and their peers at national competition agencies at a closed hearing in Brussels
British antitrust regulators have started investigating Amazon's purchase of robot vacuum maker iRobot, adding further scrutiny to the $1.7 billion deal. The Competition and Markets Authority said Thursday that it's considering whether the deal will result in a substantial lessening of competition within the United Kingdom. In an initial step, the U.K. watchdog invited comments on the deal from any interested party. The acquisition is already facing a review in the U.S. by the Federal Trade Commission amid worries about Amazon's growing market power. Consumer groups had voiced concerns after the deal was announced last year that it would further the e-commerce giant's dominance in the smart home market. Amazon said it's working cooperatively with the relevant regulators in their review of the merger. Bedford, Massachusetts-based iRobot, which makes the popular Roomba robotic vacuum cleaners, said it continues to work cooperatively with both the U.S. FTC and other regulatory agencie
One of the European Union's highest courts has largely upheld a huge fine issued to Google by the bloc's antitrust enforcers in 2018 over its Android mobile operating system. The European Court of Justice's General Court on Wednesday mostly confirmed a European Commission decision to slap Google with a fine of more than 4 billion euros for stifling competition through the dominance of Android. The court said it was appropriate to give Google a fine of 4.125 billion euros (USD 4.155 billion), slightly lower than the original 4.34 billion euro penalty.
The case is one of three that has resulted in a total of 8.25 billion euros in European Union antitrust fines on Google
The European Commission said it had not found any issues after a preliminary review.
Alphabet's Google urged Europe's second-highest court to scrap or reduce what it said was not an appropriate penalty
Regulator says the Alphabet unit abused its market dominance, while Google says it boosts competition against Apple
A fresh EU antitrust case could expose Alphabet Inc's Google to a fine as much as 10% of its global turnover
Alphabet unit Google could face its biggest regulatory threat, with EU antitrust regulators set to open a formal investigation into its lucrative digital advertising business