TERESA RIBERA
Europe needs to better prepare for warmer temperatures: European Union
The European Union on Tuesday warned of the need to better prepare for a feared 3C rise in global warming as it unveiled new rules to force member states to act. The EU remains committed to limit global warming to 1.5C, but European climate chief Wopke Hoekstra warned "it would be unwise not to prepare for the scenarios" during a press conference.
EU hits Google with $1 billion fine over its Play app store and search
The European Union has fined Google 890 million euros for antitrust violations. This action targets Google's practices on its search engine and Play Store. The EU stated these practices harmed competitors and consumer choice. Google criticized the fine, calling it product degradation. This marks another significant regulatory action against Big Tech.
Paramount’s $110 billion Warner Bros takeover on track for EU approval
Paramount Skydance’s proposed $110 billion acquisition of Warner Bros Discovery is reportedly moving closer to approval from the European Union, after the company indicated it is willing to address regulatory concerns around film distribution.
EU order against Meta may last until June 2029, EU antitrust chief says
A key EU order for Meta Platforms to allow rival AI chatbots access to its WhatsApp messaging app will continue. This decision stands as the European Union investigates competition concerns. The order could remain effective for several years, potentially until 2029. EU antitrust chief Teresa Ribera stated Meta's proposals to resolve these issues were unconvincing.
EU antitrust chief meets Google, Meta, OpenAI, Amazon CEOs amidst AI scrutiny
EU antitrust chief Teresa Ribera, who has voiced concerns about Big Tech extending its dominance into artificial intelligence, will meet the CEOs of Alphabet, Meta Platforms and OpenAI on Tuesday, a European Commission agenda item shows.
EU digital rules should apply to Big Tech's smart TVs, broadcasters tell antitrust chief
The call by the Association of Commercial Television and Video on Demand Services in Europe (ACT) whose members include Canal+, RTL, Mediaset, ITV, Paramount+, NBCUniversal, Walt Disney, Warner Bros Discovery, Sky and TF1 Groupe comes amid mounting concerns among broadcasters over Big Tech's encroachment into their industry as they push back against their rivals.
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EU clears Google's $32 billion bid for Wiz cybersecurity company
The EU on Tuesday unconditionally approved Google's $32 billion bid for cloud security platform Wiz after finding it raised no competition concerns in Europe.
EU warns Meta it must open up WhatsApp to rival AI chatbots
Competition chief Teresa Ribera said the EU was "considering quickly imposing interim measures on Meta, to preserve access for competitors to WhatsApp while the investigation is ongoing, and avoid Meta's new policy irreparably harming competition in Europe." The EU executive, which is in charge of competition policy, sent Meta a warning known as a "statement of objections", a formal step in antitrust probes.
Europe forges ahead with Big Tech crackdown with X fine, defying Trump
Three months after hitting Google with an unexpectedly high 2.95 billion euro ($3.44 billion) fine, the European Commission on Friday imposed a 120 million euro penalty on Elon Musk's X for breaching European Union online content rules.
EU hits Meta with antitrust probe over WhatsApp AI features
The European Union has launched an antitrust inquiry into Meta's recent AI advancements on WhatsApp, citing concerns about potential barriers for third-party AI innovators.
Google readies EU offer after $3.5 billion fine, skips full split
The offer, due by early November, will avoid a complete sale of Google’s Ad Manager — the AdX exchange and DoubleClick for Publishers — according to people familiar with the matter. The filing deadline could still slip, they added.
Google adtech fine on hold as EU awaits lower US car duties, sources say
EU antitrust regulators delayed fining Google over adtech practices while awaiting a US-EU trade deal on car tariffs. The fine, expected soon, was postponed amid political sensitivity, with concerns about independence of enforcement.
Google set to face modest EU antitrust fine in adtech investigation, sources say
The decision by the European Commission follows a four-year long investigation triggered by a complaint from the European Publishers Council that subsequently led to charges in 2023 that Google allegedly favours its own advertising services over rivals.
EU eyes deeper trade ties with India, Asia-Pacific amid looming US tariffs
The European Union is actively pursuing deeper trade agreements with India and other nations in the Asia-Pacific region. This strategic move comes as the EU anticipates potential tariffs from the United States. The ongoing free-trade discussions with India are considered particularly significant, with expectations of completion by the end of the year.
EU's Ribera: Microsoft chairman says his company will abide by EU rules
The US tech giant said last month it would sell its chat and video app Teams separately from its Office software globally, six month after it unbundled the two products in Europe in a bid to avert a possible EU antitrust fine.
Google, X next targets as Europe stays tough on tech regulation
The Digital Markets Act (DMA) sets out a list of dos and don'ts for tech giants to make it easier for people to move between competing online services like social media platforms, internet browsers and app stores and for smaller rivals to compete.
EU says it will enforce digital rules irrespective of CEO and location
The EU is committed to enforcing its Digital Markets Act and other tech regulations regardless of company origin, targeting firms like Apple, Meta, X, and TikTok. EU leaders stress fair enforcement to protect consumers, despite US criticism under Trump. Decisions on Apple and Meta’s potential violations are expected soon.
EU decisions on Apple, Meta due in coming weeks, antitrust chief says
The European Commission has been investigating Apple and Meta Platforms since March last year for potential breaches of the Digital Markets Act (DMA) which sets out a list of do's and don'ts for tech giants in a bid to open up markets to rivals and give consumers more choice.
Airbus, Thales, Leonardo CEOs to discuss satellite merger with EU antitrust chief
Airbus, Thales, and Leonardo are exploring a potential merger of their satellite businesses to better compete with companies like Elon Musk's Starlink. Executives from the three European aerospace companies are scheduled to meet with EU antitrust chief Teresa Ribera on Wednesday to discuss the tentative plans.
EU denies picking on US tech giants, says US also tackling monopolisation
The EU reassured US lawmakers that the Digital Markets Act (DMA) isn’t targeting American tech giants but aims to ensure fair competition. EU officials highlighted similar US antitrust actions and dismissed concerns about innovation and fines.
Trump’s tariffs threat tests EU resolve to hurt Apple and Meta
The EU's fight against Silicon Valley firms faces a challenge as Donald Trump threatens retaliation if fines are imposed. EU competition chief Teresa Ribera may impose penalties on Apple and Meta. The White House sees these investigations as an attack on freedom of speech. The EU has pledged to respond swiftly and decisively.
US demands EU antitrust chief clarify rules reining in Big Tech
The Digital Markets Act sets out a list of dos and don'ts for Alphabet, Amazon, Apple, Booking.com, ByteDance, Meta Platforms, Microsoft, aimed at securing a level playing field and giving consumers more choices.
EU antitrust chief says Trump has upended Europe-US relations
Donald Trump and other members of his government have criticised the European Union for having too many rules and characterised fines imposed on US tech companies by the EU as a form of "taxation".
Intel gets $536 million in interest from 1.06 billion euro EU antitrust fine
Intel sued the European Commission for 593 million euros in 2022 after convincing Europe's second-top court to scrap the fine.
Formula 1 owner's $3.8 billion MotoGP deal faces tough EU probe
The Spaniard's team is concerned the tie-up could hamper competition in broadcasting and streaming markets by drawing two giant motorsports brands under one banner, according to people familiar with the EU probe who spoke on condition of anonymity.
Google split still on the table, says new EU antitrust chief
Teresa Ribera, the European Union's new competition chief, a Spanish socialist who started her five-year term this week, said in an interview with Bloomberg Television that divestments - touted by her predecessor Margrethe Vestager and the US Department of Justice for the Alphabet Inc. unit - are one way of preventing Big Tech firms grabbing too much market power.
Big Tech, calls for looser rules await new EU antitrust chief
Nominated by European Commission President Ursula von der Leyen for the high-profile antitrust post on Tuesday, Ribera has been Spain's minister for ecological transition since 2018.
Von der Leyen names European Commission's new top team
EU Commission President Ursula von der Leyen has named Spain's Teresa Ribera as the next antitrust commissioner and Estonia's Kaja Kallas for foreign policy. Lithuania's Andrius Kubilius will be the first defence commissioner. The new Commission will focus on prosperity, security, democracy, and competitiveness for the green transition and digitalisation.
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