{
Margrethe Vestager

People

}
EU Antitrust Chief Considers Google Business Split to Curb Market Power
The European Union's new competition chief, Teresa Ribera, has indicated that a potential split of Google's business remains a consideration. In an interview, she emphasized that divestments could be a strategy to curb the excessive market power of Big Tech firms, a stance previously supported by her predecessor and the US Department of Justice.
Bloomberg.com
United States Dollar Euro Alphabet Inc. USA Teresa Ribera Margrethe Vestager Donald Trump Show more
Regulatory & Legal, News Article
09:06 05.12.2024
apple stock shows resilience amid market challenges and strategic shifts
Apple's stock has shown resilience, stabilizing at $229.00 despite market uncertainties, following a dip earlier in November. Analysts from UBS maintain a "Neutral" rating with a target of $236, while JPMorgan upgraded its rating to "Overweight" with a target of $265, citing positive App Store revenue trends. Meanwhile, Apple faces challenges in diversifying its product portfolio as it continues to rely heavily on iPhone sales for revenue.
aktiencheck.de
Euro United States Dollar Apple Inc. BRA BEL USA CHN Xi Jinping Margrethe Vestager Keir Starmer Show more
TradFi, Market Report
08:52 21.11.2024
EU intensifies regulatory actions against tech giants amid subsidy concerns
Brussels has imposed an €800 million fine on Facebook's parent company, while discussions in the U.S. about breaking up Google provide the EU with political support to potentially mandate a split of its advertising business. Finland's Economy Minister, Wille Rydman, criticized the EU's extensive state subsidies, claiming they undermine the single market. Meanwhile, EU Competition Chief Margrethe Vestager expressed her surprise at a €13 billion legal victory over Apple, having anticipated a loss in the case regarding tax state aid.
POLITICO
Euro Google Inc. Facebook Apple Inc. Margrethe Vestager Ville Rydman Show more
Regulatory & Legal, News Article
14:47 14.11.2024
meta fined 798 million euros for abusing classified ads dominance
Meta Platforms Inc. has been fined €798 million ($841 million) by EU regulators for abusing its dominance in the classified ads market by linking its Facebook Marketplace to its social network. The European Commission has mandated that Meta cease this practice and stop imposing unfair trading conditions on competing second-hand goods platforms.
bloomberg.com
Euro European Commission Facebook Meta Platforms, Inc. USA Margrethe Vestager Show more
Regulatory & Legal, News Article
14:30 14.11.2024
european tech regulation faces uncertainty in post biden political landscape
The outcome of the upcoming US election could significantly impact Europe's regulatory stance on big tech, with concerns about corporate dominance and antitrust actions at the forefront. While Biden's administration aligned with EU ambitions to rein in tech giants, uncertainty looms over how a potential Harris or Trump administration would approach regulation, especially given their mixed signals and ties to Silicon Valley. The fate of key antitrust figures like Lina Khan will also be a critical indicator of future transatlantic tech policy.
WIRED
United States Dollar Euro NVIDIA Corporation Amazon.com, Inc. Apple Inc. Google Inc. Uber Technologies, Inc. YouTube Facebook Inc. Alphabet Inc. LinkedIn Corporation Aqua Metals, Inc. Microsoft Corporation Mithril Capital LLC USA DEU UKR Margrethe Vestager Mark Cuban Alexandria Ocasio-Cortez Reid Hoffman Bernie Sanders Show more
Regulatory & Legal, News Article
16:05 30.10.2024
eu officials warn against merger rule changes to boost corporate giants
Europe's competition officials warn that proposed changes to merger rules aimed at creating corporate giants may backfire, potentially harming the economy. While calls for consolidation in sectors like telecoms and banking grow, officials emphasize the need to address regulatory fragmentation rather than relax competition rules. The focus should remain on fostering strong competition to prepare European firms for global challenges.
POLITICO
Euro Safran SA Fiat Chrysler Collins Aerospace Commerzbank AG Sabmiller plc AB Inbev UniCredit S.p.A. Peugeot FRA ITA BEL DEU AUT Margrethe Vestager Teresa Ribera Mario Draghi Andreas Mundt Enrico Letta Show more
Regulatory & Legal, News Article
04:20 30.10.2024
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