European Commission

The European Commission is the executive branch of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU.

(source: ec.europa.eu)

UK Court Prevents Class-Action Lawsuit Against Mastercard
UK Court Prevents Class-Action Lawsuit Against Mastercard
July 21, 2017  |  Retail

A $18-billion class-action lawsuit lodged against Mastercard for overcharging consumers in the U.K. was prevented by a court in Britain. According to a report in...

READ MORE >
Confused EU Regulators Slam Google
Confused EU Regulators Slam Google
July 10, 2017  |  Google

Does anyone else find it even mildly ironic that Google was just fined $2.7 billion in the EU for dominating an area that it doesn’t...

READ MORE >
Google Hit With $2.7B Fine By The European Commission For Anti-Competitive Practices
Google Hit With $2.7B Fine By The European Commission For Anti-Competitive Practices
June 27, 2017  |  Regulation

The European Commission has spoken when it comes to Google — and as of today, it has spoken loudly. Google has been ordered to pay...

READ MORE >
European Commission eCommerce Legislation Would Help Cross-Border Commerce
European Commission eCommerce Legislation Would Help Cross-Border Commerce
May 29, 2017  |  Cross Border Commerce

The European Commission has proposed legislation that could remove some of the regulations that is limiting cross-border eCommerce between EU members. According to a report,...

READ MORE >
European Banks Warn Against Reversing Screen-Scraping Ban
European Banks Warn Against Reversing Screen-Scraping Ban
May 17, 2017  |  Europe

European banks are imploring the European Commission not to give in to the demands of FinTech firms and cancel the implementation of new rules that...

READ MORE >
European Commission Focuses On E-Commerce; Driving Digital Activity
European Commission Focuses On E-Commerce; Driving Digital Activity
May 11, 2017  |  eCommerce

The European Commission has come out with a mid-term review of its Digital Single Market strategy that is geared toward reducing the barriers to eCommerce...

READ MORE >
Spotify, Others Claim Apple, Google Anticompetitive
Spotify, Others Claim Apple, Google Anticompetitive
May 08, 2017  |  Regulation

In a recent letter to the European Commission signed by online music streaming companies Spotify, Deezer and German internet company Rocket Internet, among others, organizations...

READ MORE >
European Commission FinTech Task Force Seeks Public Consultation
European Commission FinTech Task Force Seeks Public Consultation
March 23, 2017  |  International

The European Commission is hoping to consult with the public concerning the growing market of financial technology as the agency looks to manage policies in the sector....

READ MORE >
European Commission Proposes New Rules To Protect CCPs If Something Goes Wrong
European Commission Proposes New Rules To Protect CCPs If Something Goes Wrong
November 29, 2016  |  International

The European Commission on Monday (Nov. 28) proposed new rules designed to ensure systemic market infrastructures within the financial system can be handled effectively when...

READ MORE >