Tag Archives: EU

Photographer: Cole Burston/Bloomberg

Google Takes Fight Over Record Antitrust Fine to EU Courts

Google Takes Fight Over Record Antitrust Fine to EU Courts

Jennifer Rie, a senior litigation analyst for Bloomberg Intelligence, discusses Google’s decision to appeal a record-breaking $2.9 billion EU antitrust fine, striking off a legal challenge that could take years to conclude. She speaks on Bloomberg Radio’s “Bloomberg Law.” http://traffic.bloomberg.fm/BLM2876951356.mp3   By Aoife White, Bloomberg News Google took its fight over a record European Union

Photographer: Jasper Juinen/Bloomberg

Data-Heavy Silicon Valley Deals May Land in EU Firing Line

By Gaspard Sebag, Bloomberg News The European Union may include purchase prices in the criteria used to trigger its antitrust probes, in a bid to catch more data-heavy transactions in serious merger reviews in another warning shot to Silicon Valley. The European Commission said Friday the EU’s revenue-based rules mean some deals can currently avoid scrutiny when

Margrethe Vestager, the competition commissioner of the European Commission, poses for a photograph on Wednesday, Sept. 14, 2016. Photographer: Jasper Juinen/Bloomberg

Vestager Targets Engie’s Taxes as She Meets U.S. Critics

By Stephanie Bodoni  and Gaspard Sebag, Bloomberg News Margrethe Vestager is targeting the tax affairs of France’s biggest gas distributor on the eve of her meetings with some of the toughest critics of her investigations of Apple Inc. and other American firms. The European Union Antitrust Commissioner is meeting Monday with officials including U.S. Treasury Secretary Jacob J. Lew,

European Union Competition Commissioner Margrethe Vestager . Photographer: Victor J. Blue/Bloomberg

Facebook Grilled by EU’s Vestager Over WhatsApp Merger U-Turn

By Aoife White and Peter Levring, Bloomberg News Fresh from battles with Apple Inc. and Google, EU Competition Commissioner Margrethe Vestager is quizzing Facebook Inc. about a U-turn over its use of WhatsApp customer data just two years after EU watchdogs cleared the $19 billion takeover with no strings attached. Vestager said officials were now “asking some follow-up

Photographer: Chris Ratcliffe/Bloomberg

How a Hairdresser’s Lawsuit Could Spell Trouble for Brexit

By Patrick Gower and Kit Chellel, Bloomberg News In the hall of London’s Inner Temple, a grand dining chamber with stained-glass windows and coats of arms adorning the walls, 300 lawyers assembled to complain about Britain’s exit from the European Union. “The world has effectively been turned upside down,” said former attorney general Dominic Grieve.

Photographer: Jason Alden/Bloomberg

European Deals on Endangered List as Brexit Referendum Nears

By Amy Thomson and Manuel Baigorri, Bloomberg News If the U.K. votes to leave the European Union this week, it’ll mean a major upheaval for a number of industries that will suddenly find themselves unsure about regulations, their ability to raise funds and how British companies will fit in with the rest of the continent in the years ahead. Companies on the cusp

Photo by Krisztian Bocsi/Bloomberg via Getty Images

EU Privacy Cops Defy ‘Insufficient’ Trans-Atlantic Data Pact

By Stephanie Bodoni, Bloomberg News European Union privacy watchdogs refused to give their full backing to a new trans-Atlantic data transfer pact, asking the bloc’s executive authority to avoid ratifying the deal before solving an array of remaining concerns. “There is still work to do and we urge the European Commission to solve these concerns”