EC

Microsoft/OpenAI Relationship Could Face EU Probe
Microsoft/OpenAI Relationship Could Face EU Probe
January 09, 2024  |  Artificial Intelligence

European regulators are reviewing whether Microsoft’s involvement with OpenAI warrants further investigation. The European Commission (EC) revealed its interest in the ties between the companies Tuesday (Jan. 9) as...

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Big Tech Campaigns for ‘Open Digital Ecosystems’ in Europe
Big Tech Campaigns for ‘Open Digital Ecosystems’ in Europe
December 13, 2023  |  Big Tech

Google, Meta and other tech firms are lobbying for open digital ecosystems in Europe. The two companies are part of the seven-member Coalition for Open...

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New AML Measures a ‘Tectonic Shift’ in EU Approach to Combating Financial Crime
New AML Measures a ‘Tectonic Shift’ in EU Approach to Combating Financial Crime
November 20, 2022  |  AML

In the latest changes to the European Union’s (EU) anti-money laundering (AML) framework, the European Commission (EC) is finalizing the details of a package of...

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New EU Instant Payment Rules to Bolster Mainstream Open Banking Adoption
New EU Instant Payment Rules to Bolster Mainstream Open Banking Adoption
October 26, 2022  |  Real-Time Payments

The European Commission (EC) published a draft proposal on Wednesday (Oct. 26) intended to force banks and payment service providers (PSPs) to offer 24/7 instant...

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DeFi Regulation Needs More Than MiCA, EC Hears
DeFi Regulation Needs More Than MiCA, EC Hears
October 21, 2022  |  Cryptocurrency

The European Union’s (EU) Markets in Crypto Assets (MiCA) regulation isn’t broad enough to cover decentralized finance, a finance professor said during a presentation to...

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Amazon Antitrust Commitments ‘Appear Relevant’ to EU Concerns
Amazon Antitrust Commitments ‘Appear Relevant’ to EU Concerns
September 16, 2022  |  Retail

Amazon appears to be on the right track in its attempts to appease EU antitrust authorities with regard to two probes opened by the European...

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Amazon Pitches Deal to Remedy EU Antitrust Charges While Watchdog Seeks Feedback
Amazon Pitches Deal to Remedy EU Antitrust Charges While Watchdog Seeks Feedback
July 14, 2022  |  Retail

Hoping to settle two European Union (EU) antitrust probes, Amazon offered concessions on Thursday (July 14), including fair treatment to third-party sellers and banning the...

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EU Commission Finds Ally in EU Banking Regulator on Open Finance
EU Commission Finds Ally in EU Banking Regulator on Open Finance
July 01, 2022  |  Legal & Regulation

The European Commission (EC) will close a consultation on Tuesday (July 5) about open finance in what can be seen as a first step to...

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Amazon’s Putting A Dent In Alphabet’s Ad Revenue
Amazon’s Putting A Dent In Alphabet’s Ad Revenue
October 26, 2018  |  Earnings

Once upon a not very long time ago, the conventional wisdom was that advertising revenue on the web is mostly generated by a stable duopoly...

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