EU COMPETITION LAW
Why the Digital Competition Bill has started a polarising debate in the tech industry
India’s Digital Competition Bill has turned previous foes in the tech industry into unlikely allies and sparked a polarising debate on market practices. The Committee on Digital Competition Law (CDCL) on February 27, submitted its report to the ministry of corporate affairs (MCA) after working on it for more than a year.
Microsoft breached antitrust rules by bundling Teams with office software, European Union says
The European Commission stated that Microsoft may have provided Teams with a "distribution advantage" by not allowing customers the option to choose whether to include Teams when purchasing the software. Last year, Microsoft made certain adjustments in an attempt to avoid penalties, such as offering software packages without Teams specifically for European customers. However, the commission has indicated that these measures are insufficient.
Apple is first company charged under new EU competition law
Apple is facing intense regulatory scrutiny globally, with charges in the EU, legal battles in the US, and regulatory actions in Britain, signaling a turbulent period for the tech giant in various markets.
Apple charged with violating EU's antitrust tech law, may have to pay fine of $38 billion.
Apple has become the first US tech giant to be charged under the European Union’s tough new antitrust tech law. If found guilty, its fine may soar up to $38 billion.
Citing overlaps, experts seek rejig of Digital Competition Bill
The ministry of electronics and information technology continued discussions on the digital competition bill with think tanks and industry bodies raising concerns about foreign regulation approaches. The impact on startups and overlap with existing laws were highlighted.
EU cybersecurity label should not discriminate against Big Tech, European groups say
26 industry groups in Europe warn against discrimination in the proposed cybersecurity certification scheme for cloud services, emphasizing the importance of inclusivity and non-discrimination.
- Go To Page 1
EU's new AI rules ignite battle over data transparency
Europe focuses on AI innovation to lead globally, balancing transparency and copyright protection under the new AI laws, emphasizing the need for innovation before regulation to avoid dependency on American and Chinese products.
India's EU-like antitrust law worrying technology firms
India's proposed antitrust law, influenced by a panel report, targets tech giants with global turnovers exceeding $30 billion. The law aims to prevent market concentration, similar to the EU's Digital Markets Act.
Millions will vote on Europe's super Sunday, with surveys suggesting a shift to the right
Voters across 20 European nations are casting their ballots in the EU election super Sunday, with concerns over a potential shift to the political right impacting the bloc's decision-making amidst ongoing conflicts and rising anti-migrant sentiment. Populist parties are expected to make gains, potentially reshaping the European Parliament's dynamics. The elections mark a pivotal moment for the EU's future trajectory and international relationships.
IAMAI view on draft Digital Law not shared by all constituents: four members tell MCA
Four members of IAMAI, including Bharat Matrimony, Match Group, Hoichoi, and ShareChat, express divergent views on ex-ante regulation in the draft DCB to the Ministry of Corporate Affairs.
Indian AI firms may face extra costs as EU’s AI Act kicks in
The European Union wrapped up approval of the world's first law governing AI development last week. This legislation takes a tiered approach, setting varying compliance timelines and regulations based on the potential risk each AI system poses. Generally applicable AI will have a year to comply, while high-risk systems get up to three years.
Google, Amazon, Apple lobby group opposes India's EU-like antitrust proposal
India is drafting a new competition law to target big digital firms, with a U.S. lobby group urging a rethink to avoid potential business impacts.
A new trade war offers no easy way back for old global order
The US-China trade war has intensified with the use of tariffs and subsidies, impacting Europe and China. US Treasury Secretary Janet Yellen has warned of global business risks.
Apple fights €1.8 billion EU antitrust fine for curbs on Spotify
The iPhone maker has filed a suit at the EU’s General Court in Luxembourg to topple the March decision, according to people familiar with the matter who spoke on condition of anonymity.
EU warns Microsoft to give Bing AI risk data or face fines
The EU has identified generative AI as one of the key threats to elections being held across the 27-country bloc June 6-9. Brussels in March pressed Bing, alongside several big digital platforms including Google Search, TikTok and YouTube, about action they have taken to mitigate AI risks.
CBAM, permanent establishment rules, transfer pricing key in India’s outbound FDI: EY
EY's report highlights how environmental concerns and clean energy challenges could impact Indian companies investing abroad. The report delves into areas like CBAM, transfer pricing, and investment rules, emphasizing the need for proactive measures. It also discusses FTA opportunities, global acquisitions, and risks related to BEPS rules, POEM, and intellectual property laws.
Spotify says Apple has rejected its app update with price information for EU users
The Swedish company submitted a new version of its app to Apple with basic pricing and website information, which is a minimum requirement under the European Commission's ruling in its music streaming case, it said in a post on X on Wednesday.
EU's new tech laws are working as small browsers gain market share
The early results come after the EU's sweeping Digital Markets Act, which aims to remove unfair competition, took effect on March 7, forcing big tech companies to offer mobile users the ability to select from a list of available web browsers from a "choice screen."
EU's new tech laws are working - small browsers gain market share
EU browser companies experience user surge after tech giants comply with EU legislation, impacting various browser companies. The growth follows the implementation of the Digital Markets Act on March 7, affecting both mobile devices and browsers.
View: Big tech, don't be a big brother
Google's Play Store billing policies face CCI investigation for potential Competition Act violations, concerning app developers' resources and market dominance. The case underscores the need for fair competition and innovation in the digital marketplace. In February, Google removed more than a dozen popular apps, including Info Edge's Naukri.com and 99acres.com, Matrimony.com's BharatMatrimony, People Interactive's Shaadi.com, online podcast platform Kuku FM, and online dating app TrulyMadly, from its Play Store for not complying with UCBS.
EU set to water down climate rules to placate angry farmers
The European Commission will propose several changes to the Common Agricultural Policy, a program that offers farmers subsidies in return for fulfilling environment-related targets.
New antitrust law for large tech firms shouldn’t stifle innovation: experts
Zomato, Swiggy, Flipkart and Oyo have opposed the new regulations on digital competition proposed by a government-appointed committee. Indian companies that supported the proposal of ex-ante regulations include Paytm and MakeMyTrip, albeit with caveats.
ETtech Explainer: What the proposed digital competition law looks to regulate
The Ministry of Corporate Affairs' Committee on Digital Competition Law has advocated for a novel legal framework to govern competition in the digital realm. This proposed law would introduce ex-ante regulations to tackle potential anti-competitive behavior and antitrust concerns, specifically targeting large digital corporations.
Big Tech app stores focus of EU digital crackdown: Margrethe Vestager
In an interview, EU's competition chief Margrethe Vestager said she’s most concerned about smaller app stores being given fair access to operating systems run by companies that dominate the market like the likes of Apple Inc., Alphabet Inc.’s Google, and Microsoft Corp.
A volley of regulations: India’s exports have to learn to navigate EU’s green law maze
Most Indian companies are not yet capable of complying with the European Union’s proposed green regulations. While the government can impose a retaliatory tax, experts say such rules are inevitable in today’s world.
EU's competition czar Vestager warns tech giants on new rulebook
EU competition commissioner Vestager was on a visit to Silicon Valley where she met with Apple CEO Tim Cook, Google CEO Sundar Pichai and other big tech executives.
European Court of Justice rules FIFA and UEFA broke EU competition law: All you may need to know
The European Court of Justice found FIFA and UEFA guilty of violating EU law in obstructing the 2021 European Super League. A22, representing ESL supporters, initiated the case, accusing the football governing bodies of breaching competition laws and prompting a call for increased fairness and competition in the sporting landscape.
Why has Adobe and Figma called off $20 billion merger
Adobe and Figma's $20 billion merger, aimed at reshaping creativity, crumbles under regulatory scrutiny. As Adobe's CEO cites shared vision but clashes with regulators, a $1 billion reverse termination fee marks the end, pushing both companies to chart independent paths.
Microsoft, Google to not challenge EU gatekeeper designation
In September, the European Union picked out 22 "gatekeeper" services, run by six of the biggest tech companies in the world, to face new rules as part of its latest crackdown on Big Tech.
Load More
