Enlarge (credit: iStock) The European Union says it wants to “prevent greenwashing” among investors, but a new proposal may end up encouraging the behavior it wants to banish. The European Commission put forward a plan today that defines what counts as a “sustainable investment, ” something that’s all but required in order to manage a […]
Tag: European Commission
Amazon fined €1. 1 billion by Italy for antitrust abuse
Enlarge (credit: NurPhoto | Amazon) Amazon said it would appeal a €1. 1 billion fine from Italy after antitrust investigators found the online shopping giant had given unfair preference to sellers who also ship their goods through Amazon’s logistics service. Amazon had previously tried to halt the case in Italia on the grounds that it […]
Apple’s Federighi delivers dramatic speech on dangers of sideloading
Enlarge / Apple’s Software Engineering SVP Craig Federighi speaks at Web Summit 2021. (credit: Web Summit) Apple executive Craig Federighi, who is responsible for the company’s iOS software for iPhones, delivered a lengthy speech intended to alarm listeners about what might happen if Apple is forced to allow users to sideload apps. The speech was […]
European Union announces plans to require all mobile devices to use USB-C
Enlarge / iPads with USB-C ports. (credit: Andrew Cunningham ) The European Commission has announced its intent to enact legislation that would mandate all consumer electronic devices sold in the European market have a USB-C port for charging. Should the new rules be enacted, they would make it illegal to sell consumer electronic devices that […]
EU antitrust regulators launch probe into Google’s FLoC plan
Enlarge (credit: Getty Images | NurPhoto ) The European Commission today said it has begun investigating Google for “possible anticompetitive conduct” in the market for online advertising technology. The EC announcement said the formal antitrust investigation will “assess whether Google has violated EU competition rules by favoring its own online display advertising technology services in […]
EU suspects Facebook of abusing power with Marketplace, report says
Enlarge The European Commission is on the verge of opening a formal probe of Facebook and its free Marketplace service, according to reports from Reuters and the Financial Times. While the scope of the investigation is still being determined, the European Commission, the bloc’s executive arm, has queried Facebook and its competitors on at least […]
EU says Apple’s 30% cut from rival music providers violates competition law
Enlarge / Spotify and Apple Music on an iPhone in 2018. (credit: Getty Images | stockcam) The European Commission today charged Apple with violating antitrust law, alleging that “it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store.” The EC […]
Europe wants a mutant COVID clause built into its vaccine supply contracts
The spread of variants which are more transmissible and potentially less sensitive to existing vaccines has spooked EU governments.
The EU’s flawed vaccine rollout will stymie growth in 2021, new forecast reveals
The European economy will recover more slowly this year as the coronavirus keeps a tight grip on the region, with the outlook resting largely on a vaccination campaign that has so far stumbled. The European Commission cut its forecast for euro-area growth this year to 3.8% from 4.2%, and said its predictions “crucially” hinge on virus containment […]
The E.U. begins to vaccinate its 450 million citizens as COVID-19 deaths darken the Christmas holiday
European Union countries began vaccinating against Covid-19 as members of the 27-nation bloc struggle with a rising number of people killed by the virus. The coordinated rollout launched on Sunday is getting underway less than a week after the EU cleared a shot developed by Pfizer Inc. and BioNTech SE. Several European countries, including Germany, […]