May 30, 2024
EU Watchdog Mandates Boardroom Accountability for AI in Banks

The European Securities and Markets Authority (ESMA) has issued its inaugural statement on artificial intelligence (AI), emphasizing the non-negotiable boardroom responsibility and legal duty of banks and investment firms to...

May 29, 2024
Germany and France Advocate for Major EU Competition Reform

Germany and France are jointly advocating for an overhaul of European Union (EU) competition regulations to enable the creation of larger, more competitive European companies, particularly in the airline and...

May 29, 2024
Car Battery Makers to Challenge EU Cartel Charges in Brussels

Next week, a consortium of car battery manufacturers will challenge European Union (EU) accusations of cartel activities at a closed hearing in Brussels, according to sources familiar with the matter....

May 29, 2024
European Central Bank Member Calls for Easier Cross-Border Bank Mergers

European Central Bank (ECB) governing council member Françoise Villeroy de Galhau reportedly said Wednesday (May 29) that mergers of banks in different European countries should be no harder than those...

May 28, 2024
Transcend Raises $40 Million to Grow Data Privacy Platform

Transcend raised $40 million in a Series B funding round to continue growing its suite of privacy and artificial intelligence governance solutions. The company started with a “virtual kill-switch for...

May 28, 2024
US Lobby Group Urges India to Reconsider Proposed EU-Like Competition...

A prominent U.S. lobby group representing tech giants Google, Amazon and Apple has called on India to reassess its proposed competition law, arguing that new regulations on data use and...

May 28, 2024
TIM Receives Positive EU Signals for Landmark Network Sale to...

Telecom Italia (TIM) is receiving encouraging signals from EU antitrust authorities who are reviewing the significant sale of its fixed-line access network to the U.S. fund KKR. This was confirmed...

May 28, 2024
Big Tech Asks India to Reconsider Antitrust Law

Lobbyists representing U.S. tech giants reportedly asked India to reexamine a proposed antitrust law. The companies said regulations forbidding data use and preferential treatment of partners could drive up user...

May 27, 2024
EU Approves Net Zero Industry Act to Boost Clean Tech...

European Union governments have formally approved a landmark law aimed at bolstering the bloc’s clean technology manufacturing capabilities. The Net Zero Industry Act (NZIA), cleared on Monday, sets new goals...