Europe's antitrust chief Margrethe Vestager, the architect of landmark rules to curb the power of U.S. tech giants, called on Thursday for a global approach towards Big Tech to prevent companies taking advantage of enforcement gaps. Vestager, who has handed out billions of euros in fines to Alphabet's Google and launched investigations into Apple, Amazon and Meta Platform's Facebook, said …
Cloud computing, in which Amazon and Microsoft are the biggest players followed by Alphabet's Google, doesn't pose competition concerns yet because of Europe's Gaia-X initiative, EU antitrust chief Margrethe Vestager said on Monday. The market power of the big companies has sparked unease at smaller rivals in recent years, with German software provider NextCloud, France's OVHcloud and two other companies …
BRUSSELS - The European Commission aims to clinch a fast-tracked deal with EU lawmakers and countries by the end of March on new rules to rein in the powers of Alphabet's Google, Amazon, Apple, Facebook and Microsoft, Europe's antitrust chief said on Wednesday. Margrethe Vestager, who had proposed the Digital Markets Act more than a year ago with a list …
BERLIN — The European Commission said Tuesday it has opened a probe into whether Germany’s plans to compensate owners for the early shutdown of coal-fired power plants by 2038 is in line with the bloc’s rules on state aid to businesses. Germany agreed last year to pay utility companies 4.35 billion euros to speed up the closure of their coal-fired …
Tech giants will have to do more to weed out illegal and harmful content while online gatekeepers will be bound by a list of dos and don'ts under new rules aimed at reining in their power, Europe's antitrust chief said on Thursday. European Competition Commissioner Margrethe Vestager also proposed new powers for enforcers to tackle market failures in digital markets …
