Eu/page/4 news and trends

Booking.com Gets ‘Gatekeeper’ Status Under Digital Markets Act
Regulation // November 14, 2024

European regulators say Booking.com must comply with the Digital Markets Act (DMA). The European Commission (EC) announced Wednesday (Nov. 13) that Booking Holdings — the travel website’s parent — had been designated as a “gatekeeper” under the DMA and must make sure the company adheres to...

Visa Says European Antitrust Watchdog Investigating Its Acquirer Fees
ANTITRUST // November 14, 2024

Visa says European regulators are investigating the fees it charges retailers. The company revealed the European Commission’s (EC) preliminary probe in its annual report Wednesday (Nov. 13). “On August 30, 2024, the EC informed Visa that it has opened a preliminary investigation into Visa’s fees...

EU Regulators Warn Apple About Geo-Blocking Practices
Regulation // November 12, 2024

The European Commission and the Consumer Protection Cooperation Network said Monday (Nov. 11) that Apple may face enforcement measures if it does not stop its geo-blocking practices on certain Apple Media services. The tech giant has one month to propose how it will address these...

Facebook Slashes Price for Ad-Free Subscriptions in Europe
Subscriptions // November 12, 2024

Meta is lowering the price of ad-free subscriptions for European Facebook and Instagram users. The social media giant is reducing the price of those subscriptions by 40% in the European Union, according to a Tuesday (Nov. 12) company blog post. “Going forward, people based in...

Interviews & Exclusives
Meta, Klarna and Spotify Join Call for EU Regulations for AI

September 25, 2024
As European tech leaders urge regulatory clarity to stay competitive in artificial intelligence, New York lawmakers contemplate stricter controls, highlighting the global struggle to balance innovation and oversight. Meanwhile, industry figures like Appian CEO Matt Calkins demand stronger IP protections, underscoring the challenges facing policymakers and businesses in the rapidly evolving AI landscape. European Tech […]

How the World Does Digital: Germany Lags in Digital Engagement

July 18, 2024
As the largest economy in the European Union, Germany surprisingly ranks near the bottom in digital engagement among the 11 countries studied in PYMNTS Intelligence’s “How the World Does Digital”...

Trending: Next Steps for Apple as It Opens Its Ecosystem in Europe

July 12, 2024
For Apple, the iPhone and the App Store have historically been linchpins for its ecosystem — where the hardware is an onramp to a broad range of services that forge...

Digital IDs and Biometrics Upgrades Define Future of Transaction Security

June 11, 2024
The interlinked future of digital identity and biometrics is already starting to transform payments. As digital wallets increasingly gain traction, the security features driving their use are emerging as components...

Quick Reads
Tech Investor Niel: EU Risks Being ‘Abandoned’ in AI Race

November 17, 2024
Can Europe create leading artificial intelligence (AI) firms without spending as much as companies in America? Telecom billionaire Xavier Niel thinks it’s possible, provided that the founders of these AI companies avoid the temptation to cash out too early, the Financial Times (FT) reported Sunday (Nov. 17). “I think we can create big things with […]

Booking.com Gets ‘Gatekeeper’ Status Under Digital Markets Act

November 14, 2024
European regulators say Booking.com must comply with the Digital Markets Act (DMA). The European Commission (EC) announced Wednesday (Nov. 13) that Booking Holdings — the travel website’s parent — had...

Visa Says European Antitrust Watchdog Investigating Its Acquirer Fees

November 14, 2024
Visa says European regulators are investigating the fees it charges retailers. The company revealed the European Commission’s (EC) preliminary probe in its annual report Wednesday (Nov. 13). “On August 30,...

EU Regulators Warn Apple About Geo-Blocking Practices

November 12, 2024
The European Commission and the Consumer Protection Cooperation Network said Monday (Nov. 11) that Apple may face enforcement measures if it does not stop its geo-blocking practices on certain Apple...