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Antitrust

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HSBC €31,7 million trader 'chat room' cartel fine upheld by EU court

The European judges dismissed HSBC’s procedural challenge against the cartel fine imposed by the European Commission in 2021.

27/11/2024

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Consumer report finds Big Tech don't comply with digital market rules

European consumer association BEUC considered that Meta, Apple and Google still have to improve the interoperability of their platform to third party businesses to comply with the Digital Market Act.

14/11/2024

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EU slaps Meta with €797 million fine

The European Commission slapped a €797, 72 million fine on Facebook’s owner Meta for abusing its dominant position in the market for personal social networks on Thursday, for preferencing its online classified ads service Facebook Marketplace.

14/11/2024

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EU court dismisses banks' appeal in cartel case

The European judges dismissed appeals lodged by Credit Agricole and Credit Suisse against a 2021 Commission decision that exchange of sensitive information between traders was an anticompetitive cartel in the secondary trading market.

07/11/2024

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US election: What future for global enforcement of Big Tech?

This week's election could prove a turning point for US antitrust enforcement, especially of Big Tech, with ramifications for Europe since the last few years have seen similar approaches adopted on both sides of the Atlantic.

04/11/2024

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'Corrosive': Commission rejects greater revolving doors transparency

The European Commission says it won’t immediately publish details of the restrictions placed on Henrik Morch, whose move earlier this year from its antitrust department to law firm Paul, Weiss drew protests from EU Ombudsman Emily O’Reilly.

25/09/2024

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Socialist Ribera becomes von der Leyen’s new right-hand woman

Teresa Ribera, Spain's climate expert, is set to become the EU's second most powerful woman in Ursula von der Leyen's new College of Commissioners.

18/09/2024

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Google wins legal bid to overturn antitrust fine in EU digital ad case

The ruling can be appealed to the EU Court of Justice, the bloc's top court, but only on points of law.

18/09/2024

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Google loses €2.4bn EU antitrust case over its own shopping service

It's one of a pair of court victories today in Brussels' battle against big tech.

10/09/2024

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Google faces antitrust lawsuit in the US over digital advertising tech

Google faces yet another antitrust lawsuit in the US after a major defeat over its search engine dominance in August.

09/09/2024

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Google loses major US antitrust case over search engine monopoly

Google has lost a major antitrust case over its search dominance.

05/08/2024

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Vifor to rectify smear campaign against competitor after EU warning

Pharma company Vifor promised to correct misleading information about a rival iron supplement’s safety record, following an EU antitrust investigation into abuse of a dominant market position.

22/07/2024

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How NVIDIA is giving 4,500 European AI startups a headstart

NVIDIA’s Inception programme supports 4,500 European startups working on artificial intelligence (AI).

06/07/2024

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Teams antitrust measures might need more work, Microsoft chief says

The tech giant made changes after the EU Commission launched an investigation last summer.

04/06/2024

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Trade unions push Brussels to approve Lufthansa’s €325m ITA buy

EU antitrust officials are worried the takeover of the former Alitalia fleet could raise prices and cut choice on flights to central Europe and the US.

28/05/2024

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US food giant Mondelēz fined €337.5m for breaching bloc’s antitrust rules

The EU executive has sanctioned the maker of products such as Oreo and Toblerone for restricting cross-border trade of chocolate, biscuits and coffee within the Single Market.

23/05/2024

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Ombudsman probes Commission's senior staff 'revolving door'

The move of an experienced senior official to a private law firm has prompted a probe by Emily O’Reilly, responsible for investigating suspected maladministration.

22/05/2024

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Major Google antitrust trial set to wrap up with closing arguments

Lawyers are giving closing arguments in the major US antitrust trial.

03/05/2024

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Italy looks into claims of Ryanair breach of anti-competition rules

The Italian competition regulator is looking into allegations that the Irish airline abused its position as the country's leading airline.

15/04/2024

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How do regulatory pressures facing Apple in the EU and the US compare?

Experts say Apple’s “religion” of being closed off is under threat due to the dual pressures of antitrust lawsuits and the full force of new regulations.

29/03/2024