Search results for "European Union"

June 03, 2024
EU Regulators May Proceed Without Seeking Feedback on EEX-Nasdaq Remedies

European Union antitrust regulators are reportedly leaning towards not soliciting feedback on the proposed remedies by Deutsche Boerse’s energy exchange unit, EEX, to secure approval for its acquisition of Nasdaq’s...


June 03, 2024
Paul, Weiss Welcomes Christopher M. Wilson as New Litigation Partner

Paul, Weiss, Rifkind, Wharton & Garrison LLP announced today the addition of Christopher M. Wilson as a partner in its Litigation Department, based in Washington. Wilson, a former trial lawyer...


June 02, 2024
EC Approves €5 Billion Italian State Aid for STMicroelectronics’ New...

The European Commission approved on Friday a substantial state aid package from Italy to support the construction of a new €5 billion ($5.4 billion) microchip plant by STMicroelectronics (STMPA.PA) in...


May 31, 2024
France’s AI Industry Growth Spotlighted During VivaTech Conference

France is reportedly positioning itself as a global leader in artificial intelligence (AI), with significant support from U.S. tech giants. The recent Viva Technology conference held in Paris showcased France’s...


May 31, 2024
TikTok Shop Puts European Plans on Hold, Concentrates on US

TikTok has reportedly decided to put its plans for expanding its eCommerce business in major European markets on hold. Instead, the ByteDance-owned social media platform will concentrate on growing its...


May 31, 2024
AI, Pharmaceutical Sector, and EU Competition Law and Policy: What...

Artificial intelligence (“AI”) offers unprecedented opportunities to enhance the effectiveness of treatments and significantly reduce drug discovery and development timelines in the pharmaceutical industry. However, existing legal frameworks, including competition...


May 30, 2024
This Week in B2B Innovation: Embedded Experiences, AI and Leverage

Digital is a one-way street. And that street is being populated by B2B firms who aren’t looking back after embracing digital innovation to both compete in new markets while at...


May 30, 2024
European Court Sides with Tech Giants in Italian Regulatory Dispute

The EU’s top court ruled in favor of Alphabet’s Google, Amazon and Airbnb on Thursday, overturning Italy’s regulation that required these Big Tech companies to disclose information about their operations...


May 30, 2024
US Steel and Nippon Steel Secure International Approvals for $14.9B...

U.S. Steel and Japan’s Nippon Steel have announced that they have received all necessary regulatory approvals outside the United States for their proposed $14.9 billion merger. The companies revealed this...


The Real-Time Payments World Map

Real-time payments in the EU are on the verge of achieving their instantaneous promise, with a new rule from the European Council requiring instant fund transfers  to be available within 10 seconds. In this edition of the “Real-Time Payments World Map,” a collaboration with The Clearing House, PYMNTS explores this development along with other advancements unfolding across the global real-time payments landscape.