European Commission

The European Commission is the executive branch of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU.

Source: ec.europa.eu

Today In Payments: EU Wants PSD2-Like Regs For Big Tech Data; Goldman Sachs Warns Of Market Drop Due To Coronavirus
Today In Payments: EU Wants PSD2-Like Regs For Big Tech Data; Goldman Sachs Warns Of...
February 20, 2020  |  News

In today’s top news, the European Commission has plans to pool its data to better compete with Big Tech firms, and Goldman Sachs warns that...

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EU Wants PSD2-Like Regs For Big Tech Data
EU Wants PSD2-Like Regs For Big Tech Data
February 19, 2020  |  Europe

The European Commission is planning a single European market for data, in hopes that by pooling talent, the region can compete with Big Tech in...

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Google Says $2.6B Is Too Much In EU Antitrust Case
Google Says $2.6B Is Too Much In EU Antitrust Case
February 14, 2020  |  ANTITRUST

Google protested that a $2.6 billion EU fine was too high during the last day of a three-day court case regarding alleged antitrust behavior, according...

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EU Judge Says Google Committed ‘Clear Infraction’ In Antitrust Case
EU Judge Says Google Committed ‘Clear Infraction’ In Antitrust Case
February 13, 2020  |  ANTITRUST

A European judge has hampered Google’s fight against a $2.6 billion fine, saying the company committed a “clear infraction” by putting its own price-comparison services...

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Google Fights $2.6B Antitrust Fine In EU Court
Google Fights $2.6B Antitrust Fine In EU Court
February 12, 2020  |  ANTITRUST

Alphabet’s Google told Europe’s second-highest court on Wednesday (Feb. 12) that antitrust regulators had no legal grounds to levy a €2.4-billion ($2.6 billion) fine against...

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Google Under Fire For Allegedly Promoting Own Travel Service Over Others
Google Under Fire For Allegedly Promoting Own Travel Service Over Others
February 10, 2020  |  ANTITRUST

More than 30 competitors in the travel holiday rental industry are accusing Google of promoting its own services over theirs, and one of them has...

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Premium Labels Ask EU To Crack Down On Big Tech
Premium Labels Ask EU To Crack Down On Big Tech
January 28, 2020  |  Europe

European luxury brands are asking EU regulators to be harder on online tech giants like Amazon and Alibaba regarding fakes and privacy, Reuters reported on...

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EU Finance Ministers Say Libra, Other Stablecoins Are Too Risky
EU Finance Ministers Say Libra, Other Stablecoins Are Too Risky
December 05, 2019  |  Cryptocurrency

EU finance ministers came to an agreement on Thursday (Dec. 5) that digital currencies like Facebook’s Libra have no place in the European Union unless...

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Google Data Practices Under EU Antitrust Scrutiny
Google Data Practices Under EU Antitrust Scrutiny
December 01, 2019  |  Google

EU antitrust regulators are probing Google to see how the search giant uses and monetizes the data it collects on users, Reuters reported on Saturday...

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