Category: european commission

France slaps Google with $166M antitrust fine for opaque and inconsistent ad rules 0

France slaps Google with $166M antitrust fine for opaque and inconsistent ad rules

France’s competition watchdog has slapped Google with a €150 million (~$166M) fine after finding the tech giant abused its dominant position in the online search advertising market. In a decision announced today — following...

Airbnb officially bans all open-invite parties and events 0

Airbnb is a platform not an estate agent, says Europe’s top court

Airbnb will be breathing a sigh of relief today: Europe’s top court has judged it to be an online platform which merely connects people looking for short term accommodation, rather than a full-blown estate...

More legal uncertainty for Privacy Shield ahead of crux ruling by Europe’s top court 0

More legal uncertainty for Privacy Shield ahead of crux ruling by Europe’s top court

Facebook tried to block the referral but today an influential advisor to Europe’s top court has issued a legal opinion that could have major implications for the future of the EU-US Privacy Shield personal...

UK’s competition regulator asks for views on breaking up Google 0

UK’s competition regulator asks for views on breaking up Google

The UK’s competition regulator has raised concerns about the market power of digital ad platform giants Google and Facebook in an interim report published today, opening up a consultation on a range of potential inventions...

Dutch startup Meatable is developing lab-grown pork and has $10 million in new financing to do it 0

Dutch startup Meatable is developing lab-grown pork and has $10 million in new financing to do it

Meatable, the Dutch startup developing cruelty-free technologies for manufacturing cultured meat, is pivoting to pork production as a swine flu epidemic ravages one quarter of the world’s pork supply — and has raised $10...

No Libra style digital currencies without rules, say EU finance ministers 0

No Libra style digital currencies without rules, say EU finance ministers

European Union finance ministers have agreed a defacto ban on the launch in the region of so-called global ‘stablecoins’ such as Facebook’s planned Libra digital currency until the bloc has a common approach to...

Atomico Partner Tom Wehmeier reviews ‘The State of European Tech’ 2019 report 0

Atomico Partner Tom Wehmeier reviews ‘The State of European Tech’ 2019 report

Atomico, the European venture capital firm founded by Skype’s Niklas Zennström, has released its latest annual The State of European Tech report, published in partnership with Slush and Orrick. As part of the report,...

Tech giants still not doing enough to fight fakes, says European Commission 0

Tech giants still not doing enough to fight fakes, says European Commission

It’s a year since the European Commission got a bunch of adtech giants together to spill ink on a voluntary Code of Practice to do something — albeit, nothing very quantifiable — as a...

EU-US Privacy Shield passes third Commission ‘health check’ — but litigation looms 0

EU-US Privacy Shield passes third Commission ‘health check’ — but litigation looms

The third annual review of the EU-US Privacy Shield data transfer mechanism has once again been nodded through by Europe’s executive. This despite the EU parliament calling last year for the mechanism to be...

Europe’s recharged antitrust chief makes her five year pitch to be digital EVP 0

Europe’s recharged antitrust chief makes her five year pitch to be digital EVP

Europe’s competition commissioner Margrethe Vestager, set for a dual role in the next Commission, faced three hours of questions from members of four committees in the European Parliament this afternoon, as MEPs got their...