Tag - European Commission

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Chipmaker disputed 2009 decision that it abused its market position in case dating back two decades The US chipmaker Intel has won a long-running battle to quash a fine of more than €1bn imposed by the European Commission for allegedly abusing its market dominance in the sale of computer chips. In a final ruling on Thursday, theEuropean court of justice upheld an earlier judgment that had quashed the €1.06bn (£880m) fine and partly dismissed the charges of anticompetitive behaviour. Continue reading...
October 24, 2024 / The Guardian | Technology
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Europe
Technology
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Ruling is a fillip for European Commission efforts to clamp down on ‘sweetheart’ tax deals * Business live – latest updates Apple has lost a high-profile, €13bn (£11bn) Irish tax battle with Brussels in a decision that will bolster the European Commission’s efforts to clamp down on favourable “sweetheart” tax deals for multinationals. The European court of justice (ECJ) ruling, which had been eagerly awaited, comes after years of legal wrangling over whether the European Commission was right to demand in 2016 that €13bn in “illegal” tax breaks for Apple should be repaid because it gave the iPhone maker an unfair advantage. Continue reading...
September 10, 2024 / The Guardian | Technology
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Europe
Social media
European Union
European Commission
The charges against Pavel Durov increases pressure on Brussels to enforce new European law on the platform The surprise arrest of the Russian-born co-founder of Telegram, Pavel Durov, after he stepped off his private jet in Paris last Saturday night, has brought the one-time fringe social network under the glare of the spotlight like never before. Durov’s arrest – after an investigation by the Paris prosecutor into organised crime, child sex abuse images, fraud and money laundering on the platform – also raises the stakes for the European Union, which has adopted the world’s most ambitious laws to police the internet, notably the Digital Services Act (DSA). Coming into force in November 2022, the DSA targets online platforms “too big to care” – in the words of the EU commissioner, Thierry Breton – putting demands on internet firms to remove illegal content, protect children, tackle disinformation and other online harms. Continue reading...
August 28, 2024 / The Guardian | Technology
Tesla
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Europe
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The 9% tariff is much less than the up to 36.3% others face after investigation into Beijing’s ‘unfair’ subsidies of EVs * Business live – latest updates Tesla will face a 9% levy on its Chinese-made cars exported to the EU, the European Commission has said, as it issued an update on its sweeping investigation into Beijing’s “unfair” subsidies of electric vehicles. The tariff on Tesla – far lower than the 21.3% average on companies that cooperated with the EU investigation and 36.3% on those that did not – came after the California-headquartered firm requested individual treatment as part of the wider Brussels inquiry. Continue reading...
August 20, 2024 / The Guardian | Technology
Europe
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Google
UK news
Players in EU can access game blocked by Apple and Google by installing it from app store of publisher Epic Games The video game Fortnite is back on mobile phones, four years after Apple and Google pulled it from their app stores. Android users worldwide can install the game, along with two new titles from the publisher, Epic Games, by downloading the company’s new app store. However, only iPhone users in the EU can follow suit as Epic becomes the highest profile company yet to adopt the looser restrictions forced on Apple by the Digital Markets Act (DMA). Continue reading...
August 16, 2024 / The Guardian | Technology
Technology
Social media
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Elon Musk
X
Preliminary findings suggest X breached Digital Services Act in three ways and could be fined 6% of global turnover * Business live – latest updates Elon Musk’s X has been warned by the EU it potentially faces large fines after regulators said its blue-tick system for users is deceptive and in breach of its landmark social media rules. Announcing preliminary findings from an investigation, the European Commission said the platform did not comply with the Digital Services Act. X faces fines of up to 6% of its global turnover if the preliminary findings are confirmed. Continue reading...
July 12, 2024 / The Guardian | Technology