European Union

The European Union is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.

Source: europa.eu

Digital Transformation in EU Gets Push From New Instant Payment Regulations

Digital Transformation in EU Gets Push From New Instant Payment Regulations
Digital Transformation in EU Gets Push From New Instant Payment Regulations
February 08, 2024  |  Real-Time Payments

Digital transformation in the European Union got a big boost Wednesday (Feb. 7) when the EU Parliament adopted sweeping regulations aimed at improving the accessibility...

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Amazon Jettisons Plans for $1.7 Billion iRobot Purchase 
Amazon Jettisons Plans for $1.7 Billion iRobot Purchase 
January 29, 2024  |  Partnerships

Citing a tough regulatory environment, Amazon has called off its $1.7 billion purchase of iRobot. The tech giant announced Monday (Jan. 29) that its agreement...

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How to Think About AI Regulation
How to Think About AI Regulation
January 24, 2024  |  David S. Evans

Every year, for the last 16 years, economists have come to Toulouse for the Digital Economics Conference to present cutting-edge research on just about everything digital. For...

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EU Antitrust Chief Meets With Big Tech CEOs Over Regulation and Competition Compliance
EU Antitrust Chief Meets With Big Tech CEOs Over Regulation and Competition Compliance
January 12, 2024  |  Big Tech

Margrethe Vestager, the European Union’s (EU) antitrust chief, recently met with the chief executives of tech giants Apple, Alphabet and Qualcomm.  The purpose of these meetings was to discuss regulation...

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EU Antitrust Head Plans Summit With Big Tech CEOs
EU Antitrust Head Plans Summit With Big Tech CEOs
January 07, 2024  |  Big Tech

Europe’s top antitrust official is reportedly meeting with several American Big Tech CEOs this week. Margrethe Vestager will meet with executives from Apple, Google, Nvidia, Broadcom and OpenAI to discuss competition policy and digital regulation...

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Coinbase Plans to Offer Crypto Derivatives in Europe 
Coinbase Plans to Offer Crypto Derivatives in Europe 
January 07, 2024  |  Cryptocurrency

Coinbase plans to purchase a Cyprus-based company to offer cryptocurrency-linked derivatives in the European Union. America’s largest crypto firm announced the plans on its blog Friday...

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EU Regulators Investigate Bank and Shadow Bank Connections
EU Regulators Investigate Bank and Shadow Bank Connections
January 03, 2024  |  Banking

Regulators in Europe are reportedly probing the ties between banks and non-bank financial institutions (NBFIs). This investigation is borne out of concerns about possible contagion due to...

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EU Digital Chief Margrethe Vestager Says AI Act Enhances Innovation
EU Digital Chief Margrethe Vestager Says AI Act Enhances Innovation
December 29, 2023  |  Artificial Intelligence

The European Union’s (EU) competition and digital chief, Margrethe Vestager, has come forward to defend the EU’s landmark law on artificial intelligence (AI). Following criticism...

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