The EU is looking to adopt new antitrust rules that will aim to give European companies more leeway in the market. The new rules, described by Reuters as protectionist, will be unveiled in March. Documents obtained by Reuters show that the EU wants to adopt...
European industrial policy chief Thierry Breton said Sunday that he didn’t agree with claims that waiting on European companies to install a 5G network would delay the rollout of the new technology. The statement, made at the DLD conference in Munich on Sunday, is just...
Europe’s highest court ruled that Airbnb is an “information society service” rather than a property broker or estate agent, TechCrunch reported on Thursday (Dec. 19). The Court of Justice of the European Union (CJEU) decided that Airbnb is an online platform that connects rooms and...
Germany is planning to temporarily take stakes in high-tech companies in order to stop investors from non-EU countries from acquiring them. The “national fallback” proposal, introduced by economy minister Peter Altmaier on Friday (November 29), would increase the government’s powers to scrutinize and potentially block...
Data shows that consumer confidence in the European Union has fallen to its lowest level since the end of last year. According to Bloomberg, the European Commission’s monthly index dropped 1.1 points to -7.6, the lowest level since December and a steeper drop than the...
The European Union’s executive branch has called for urgent action to reverse what it believes is the region’s heavy reliance on computer hardware and software from other countries. An internal policy document by the European Commission’s Directorate-General for Communications Networks, Content and Technology outlines a...
In a move that increases pressure on multinationals, European Union commissioners-designate said the bloc should come to an agreement on a digital tax if a deal doesn’t happen at a worldwide level by the conclusion of 2020. The incoming commissioners also noted their priorities on...
Margrethe Vestager, the EU’s competition commissioner, is preparing to leave office with a bang, launching an investigation into Amazon while also preparing a fine against U.S. chipmaker Qualcomm, according to the Financial Times. Vestager is at the close of her five-year term as competition commissioner,...
With a new carsharing service that is like GM’s Maven or Car2Go but has all-electric vehicles, Volkswagen is rolling out WeShare in Berlin. The company is debuting 1,500 Volkswagen e-Golf cars for its fleet of on-demand rentals in the European city, according to reports. The...
