May 16, 2024
EU Consumers Lodge Complaint Against Chinese Retailer Temu Over Content...

Chinese fast-fashion eCommerce giant Temu, owned by the PDD Group, faces a complaint from the European Union alleging a potential breach of online content regulations. The complaint, lodged on Thursday...

May 16, 2024
EU Regulators Assessing Car Repair Market Amid Calls for Increased...

European Union (EU) regulators are delving into the workings of the car repairs market in response to mounting demands from consumers for heightened competition. Margrethe Vestager, the European Competition Commissioner,...

May 15, 2024
French Regulator Drops Meat-Cutting Sector Case Following Antitrust Review

The Autorité de la concurrence in France has dismissed a case concerning practices within the meat-cutting sector. This ruling marks the first time the Autorité has scrutinized mergers below national...

May 14, 2024
Chile Proposes Legislation to Regulate Artificial Intelligence

In a bid to address the burgeoning concerns surrounding the ethical and societal implications of artificial intelligence (AI), Chile has introduced pioneering legislation aimed at regulating AI systems within its...

May 14, 2024
BNP Paribas CEO Jean-Laurent Bonnafé: Europe’s Regulations Limit Bank Mergers

BNP Paribas CEO Jean-Laurent Bonnafé reportedly expressed skepticism about the potential for a revival of mergers and acquisitions (M&A) activity in European banking. Speaking Tuesday (May 14) at a shareholder...

May 13, 2024
Anthropic Launches AI Assistant Claude in Europe

Artificial intelligence (AI) startup Anthropic has launched its AI assistant Claude in Europe. The web-based version Claude.ai, the Claude iOS app, and the subscription-based Claude Team plan that allows businesses to access the Claude 3 model family, are now available...

May 13, 2024
Macron Advocates EU Financial Integration Amid Push for Global Competitiveness

President Emmanuel Macron of France is advocating for a transformative approach to financial integration within the European Union, emphasizing the necessity of consolidation among European banks to bolster the bloc’s...

May 12, 2024
US DOJ Intensifies Scrutiny on AI Competition Amid Big Tech...

The US Justice Department (DOJ) has announced a ramping up of its focus on competition within the AI sector. Top officials disclosed this initiative, highlighting a workshop scheduled to take...

May 09, 2024
AI Startup Anthropic Says Partnerships Give It Greater Independence

Artificial intelligence (AI) startup Anthropic has defended its decisions to partner with Amazon and Google, saying that collaborating with two companies gives it greater independence than it would have if it teamed up with...