Edition:
India

Foo Yun Chee

Tech giants face fines or even break-up if they breach new rules: EU's Breton

25 Nov 2020

BRUSSELS Tech giants that break new EU rules aimed at curbing their powers could face fines, be ordered to change their practices or even be forced to break up their European businesses, the bloc's digital chief Thierry Breton said on Wednesday.

EU digital chief to talk to tech giants over rules to curb their power

20 Nov 2020

BRUSSELS The European Union's digital chief has invited companies including Alphabet , Apple , Amazon and Facebook to video talks next week to discuss draft rules to curb their powers, an EU official said on Thursday.

Exclusive: EU Commission to intervene in tech, carmakers' patent dispute - document

19 Nov 2020

BRUSSELS The European Commission plans to step into the patent dispute between tech companies and carmakers and may set up a system to check whether some patents are essential to a technology standard as claimed, according to a Commission document.

EU auditors see uphill battle for EU antitrust regulators versus big tech

19 Nov 2020

BRUSSELS EU antitrust enforcers face an uphill battle in tackling tech giants abusing their dominance because of the difficulty of finding remedies, the EU's budget watchdog said on Thursday in its first audit of the regulators.

Top EU antitrust official says won't weaken merger rules due to COVID

18 Nov 2020

BRUSSELS The European Union won't weaken merger rules during the COVID-19 pandemic even if companies say they are likely to go bust without a deal, a senior EU antitrust official said on Wednesday.

EU court cuts Lithuanian Rail's EU antitrust fine by a third

18 Nov 2020

BRUSSELS Lithuanian Rail on Wednesday had its 27.9 million euro (24.9 million pounds) EU antitrust fine cut by a third though Europe's second-top court backed EU enforcers' ruling that it had hindered competition by removing a track running to Latvia.

EU court cuts Lithuanian Rail's EU antitrust fine by a third

18 Nov 2020

BRUSSELS, Nov 18 Lithuanian Rail on Wednesday had its 27.9 million euro ($33 million) EU antitrust fine cut by a third though Europe's second-top court backed EU enforcers' ruling that it had hindered competition by removing a track running to Latvia.

UK watchdog to review Liberty Global, Telefonica deal - source

16 Nov 2020

BRUSSELS UK competition watchdog CMA is set to take over the review of Liberty Global and Telefonica's plan to merge their British businesses, with EU antitrust regulators ceding the case to them, according to a person familiar with the matter.

World News