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

US Concedes On Voluntary Provision In Global Digital Tax Discussion
US Concedes On Voluntary Provision In Global Digital Tax Discussion
February 28, 2021  |  International

According to U.S. Treasury Secretary Janet Yellen, Washington is poised to drop a contentious part of its proposal for reforming global tax rules, which had...

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Mastercard Planning Higher Fees For UK EU Transactions
Mastercard Planning Higher Fees For UK EU Transactions
January 25, 2021  |  Mastercard

U.K. shoppers could see higher prices for European Union purchases due to a planned increase in Mastercard fees, the Financial Times reported on Monday (Jan....

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Amazon Cries Foul In Lawsuit Filed By European Union Regulators
Amazon Cries Foul In Lawsuit Filed By European Union Regulators
January 20, 2021  |  ANTITRUST

Amazon has filed a lawsuit against the European Union, accusing the EU’s competition watchdog of granting Italian antitrust officials leeway, according to Reuters on Wednesday...

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EU Releases First Drafts For Digital Services, Digital Markets Acts
EU Releases First Drafts For Digital Services, Digital Markets Acts
December 15, 2020  |  Regulation

The European Commission released on Tuesday (Dec. 15) extensive potential new regulations for digital services that would cover online marketplaces, social media and other platforms,...

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Today In Payments: China’s Central Bank Tells Merchants To Accept Cash; EU Threatens Big Tech Breakup Over Anti-Competitive Practices
Today In Payments: China’s Central Bank Tells Merchants To Accept Cash; EU Threatens Big Tech...
December 15, 2020  |  News

In today’s top news, the People’s Bank of China ordered merchants to accept cash and the EU has threatened to break up Big Tech firms...

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EU Eyes Stronger Rules For Big Tech Than Smaller Firms
EU Eyes Stronger Rules For Big Tech Than Smaller Firms
December 06, 2020  |  ANTITRUST

The European Union (EU) is looking to implement two-tier legislation in its new Digital Services Act to put greater responsibility on Big Tech’s shoulders to...

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EU’s Vestager Looks To Curb Power Of Fast-Growing Tech Platforms
EU’s Vestager Looks To Curb Power Of Fast-Growing Tech Platforms
December 01, 2020  |  Regulation

European Union competition watchdogs are looking to not only rein in today’s Big Tech online platforms, but also create rules that would prevent new companies...

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EU Digital Chief: Tech Firms That Break New Rules Face Fines, Break Up
EU Digital Chief: Tech Firms That Break New Rules Face Fines, Break Up
November 26, 2020  |  International

Thierry Breton, EU’s digital chief, says tech giants breaking the bloc’s new rules could face fines or more severe punishments like breaking up their European...

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Deutsche Bank Eyes Growing Payments Unit With Takeovers, JV’s
Deutsche Bank Eyes Growing Payments Unit With Takeovers, JV’s
November 23, 2020  |  International

Deutsche Bank is looking to acquire firms or enter into joint ventures with other companies in a bid to become a significant player in Europe’s...

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