Displaying items by tag: Margrethe Vestager

The European Union has taken aim at Apple for its refusal to open its mobile payment system to its rivals, accusing the company of restricting access to the technology used for mobile wallets.

New laws put in place by the European Union to limit the market power of big online platforms will give the political bloc the power to fine these companies up to 10% of their global turnover if they do not comply.

The European Commission has proposed that all wired digital devices should have USB-C as a common port for charging and also asked companies to standardise on fast charging technology.

The European Commission, the executive arm of the EU, has proposed new laws under which technology companies can be fined up to 10% of their global turnover and also face orders to split up.

Apple has gained a win over the European Union with a high court in the political bloc ruling on Wednesday that the Cupertino-based outfit did not have to pay €13 billion (A$21 billion) in back taxes as demanded.

The European Union has finalised a common set of measures to mitigate the main cyber security risks of 5G networks, the political bloc announced on Wednesday, a day after Britain said it would permit Chinese vendor Huawei Technologies to play a limited role in its 5G networks.

Predictably, the Federal Government has kicked any decision on the digital platforms inquiry report down the road – to a point in time when it knows whatever it does will not irritate the US Government.

The European Commission has hit American processor maker Qualcomm with a €242 million ($385.6 million) fine for abusing its market dominance in 3G baseband chipsets.

The European Commission has announced a formal anti-trust investigation into Amazon to find out whether the firm's use of sensitive data from independent retailers, who use its marketplace, breaches competition rules within the political bloc.

The European Commission has hit search giant Google with a third fine, related to abuse of its AdSense advertising service, and told the company to fork out €1.49 billion (A$2.38 billion) for breaching EU anti-trust rules.

The European Union has almost completed a third inquiry into Google's parent company Alphabet — this time into the company's AdSense advertising business — according to the bloc's competition commissioner, Margrethe Vestager.

The Federal Government has an excellent chance to do itself a favour and also gain some good karma by taking onboard a suggestion by the Treasury to tax big multinational technology companies based on their revenue. It would help the budget bottom line and represent some actual policy for a change.

Google has announced changes to the way it licences its Android mobile operating system as it awaits the outcome of an appeal against a €4.3 billion (US$5 billion) fine levied on it by the European Union in July, for allegedly breaching anti-trust rules over the system.

Google has announced that it has mounted a challenge to a €4.3 billion (US$5 billion) fine levied on it by the European Union in July, for allegedly breaching anti-trust rules over its Android mobile operating system.

The European Union has started taking a close look at the business practices of American retail giant Amazon, the bloc's competition commissioner, Margrethe Vestager, told a news conference in Luxembourg on Wednesday.

The European Commission, the executive arm of the European Union, has said it will drop a case against Ireland, filed in the wake of its imposition of a back-taxes bill of €13.1 billion (US$17.6 billion) on Apple two years ago, after the Cupertino-based company paid its dues.

The European Union has hit Google with a second fine in as many years, demanding that the search behemoth pay €4.34 billion (US$5.05 billion, A$6.82 billion) for breaching anti-trust rules over its Android mobile operating system.

Anti-trust regulators in the European Union have deferred an announcement about fining Google for alleged anti-trust activities surrounding its Android mobile operating system due to a visit to Brussels by US President Donald Trump.

Search giant Google is likely to face another hefty anti-trust fine from the European Union in July, this time over its Android mobile operating system.

US Treasury Secretary Steve Mnuchin has acknowledged that the Justice Department needs to take a close look at technology companies like Google that may be monopolies.