EU

The European Union is a political and economic union of 28 member states that are located primarily in Europe. Its members have a combined area of 4,475,757 km² and an estimated total population of about 513 million.

Source: en.wikipedia.org

Meta Pitches $14 Per Month Ad-Free Social Media in Europe
Meta Pitches $14 Per Month Ad-Free Social Media in Europe
October 03, 2023  |  Meta

Meta is reportedly proposing an ad-free version of its social media platform to European users. The company has been pitching regulators the idea of a...

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EU Retailers Push Back Against 30-Day Payment Rule
EU Retailers Push Back Against 30-Day Payment Rule
October 01, 2023  |  Commercial Payments

European retailers are concerned about new rules requiring businesses to be paid within 30 days. As the Financial Times reported Sunday (Oct. 1), retailers say the...

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EU General Court Partially Suspends DSA Rules for Amazon
EU General Court Partially Suspends DSA Rules for Amazon
September 28, 2023  |  Amazon

The European Union (EU) General Court has reportedly partly suspended a European Commission (EC) decision that required Amazon to publish a detailed database of advertisements...

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US, EU Data Sharing Framework Paves Way for ‘Trust and Consumer Confidence’
US, EU Data Sharing Framework Paves Way for ‘Trust and Consumer Confidence’
September 28, 2023  |  Regulation

Ashley Eisenberg, data privacy officer at Forter, told PYMNTS in a recent interview that as companies do business across borders, data access — and protection...

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Uber Predicts 40% Price Hikes Under EU Gig Worker Law
Uber Predicts 40% Price Hikes Under EU Gig Worker Law
September 20, 2023  |  Gig Economy

Uber said a proposed European gig worker law could trigger price hikes and service shutdowns. Anabel Díaz, head of Uber’s mobility division in Europe, cautioned...

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Prescription or Principle: A Framework for Designing AI Regulation
Prescription or Principle: A Framework for Designing AI Regulation
September 18, 2023  |  Regulation

By Travis LeBlanc, Jonas Koponen, Anna Caro and Mari Dugas The meteoric rise of AI in the public’s consciousness and the launch of several innovative...

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US Eyes AI Regulations that Tempers Rules and Innovation
US Eyes AI Regulations that Tempers Rules and Innovation
September 15, 2023  |  artificial intelligence

The world’s moving on artificial intelligence (AI), and it’s because AI already moved the world. But the story is nothing new: governments are often, and...

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Standard Deviation? Private Rule-Making Under the EU AI Act
Standard Deviation? Private Rule-Making Under the EU AI Act
September 12, 2023  |  Regulation

The proposed EU AI Act (AIA) is an omnibus piece of legislation. It aims to provide the world’s first “horizontal” regulatory framework for AI, not...

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European Commission Delays Decision on Amazon’s Acquisition of iRobot
European Commission Delays Decision on Amazon’s Acquisition of iRobot
September 11, 2023  |  Acquisitions

European Union (EU) antitrust regulators have reportedly put a temporary halt to their investigation into Amazon‘s $1.7 billion acquisition of robot vacuum cleaner maker iRobot. The European Commission (EC), responsible...

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