Brussels

Apple’s App Store Under Fire as EU Enforces Digital Markets Act
Apple’s App Store Under Fire as EU Enforces Digital Markets Act
June 24, 2024  |  Apple

In a groundbreaking move, the European Commission has accused Apple of stifling competition on its App Store, making it the first time EU regulators have...

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Uber Says 2K Brussels Drivers May Be Sidelined After Court Ruling
Uber Says 2K Brussels Drivers May Be Sidelined After Court Ruling
November 25, 2021  |  Ridesharing

Uber drivers in Brussels may soon be out of a job after a ruling from the city’s court of appeal making an extension from a...

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Brussels So Far Lacks Evidence In Amazon Antitrust Probe 
Brussels So Far Lacks Evidence In Amazon Antitrust Probe 
March 11, 2021  |  ANTITRUST

Regulators in Brussels have so far failed to find enough evidence to file antitrust charges against Amazon, the Financial Times (FT) reported on Thursday (March 11),...

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Today In Payments: Uber Money Head Resigns; Brussels To Investigate German Regulator Over Wirecard
Today In Payments: Uber Money Head Resigns; Brussels To Investigate German Regulator Over Wirecard
June 26, 2020  |  News

In today’s top news, Peter Hazlehurst, head of Uber Money, has resigned, and Brussels will investigate Germany’s financial regulatory authority over failing to supervise Wirecard....

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European Union To Investigate German Regulator Over Wirecard
European Union To Investigate German Regulator Over Wirecard
June 26, 2020  |  Security & Fraud

The Wirecard scandal surrounding the German payment processor missing $2.1 billion has spilled over the border to Belgium. Brussels is seeking an investigation into the...

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EU Softens Stance On 5-Year Ban Of Facial Recognition Tech
EU Softens Stance On 5-Year Ban Of Facial Recognition Tech
February 12, 2020  |  Biometrics

The European Union won’t be passing a blanket moratorium on facial recognition software after initially signaling that it would do so. Instead, it plans to leave...

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ECB Gives Banks More Time To Cover Unpaid Loans
ECB Gives Banks More Time To Cover Unpaid Loans
August 22, 2019  |  International

The European Central Bank (ECB) is granting eurozone financial institutions additional time to cover unpaid loans after being pressured by Brussels, Reuters reported on Thursday...

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IBM, Red Hat Deal Gets Go-Ahead From Brussels
IBM, Red Hat Deal Gets Go-Ahead From Brussels
June 27, 2019  |  Partnerships / Acquisitions

Removing a hurdle for a large acquisition, Brussels has reportedly approved the $34 billion takeover of open-source software firm Red Hat by IBM. Antitrust officials...

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European Commission To Create New AML Blacklist
European Commission To Create New AML Blacklist
March 10, 2019  |  AML

The European Commission vowed to compile a new list of countries that present a money laundering risk by summer as it steps up its fight...

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