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

EU Releases First Drafts For Digital Services, Digital Markets Acts

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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Today In Payments: Amazon Faces EU Antitrust Charges Over Seller Data; India’s Antitrust Regulator Targets Google
Today In Payments: Amazon Faces EU Antitrust Charges Over Seller Data; India’s Antitrust Regulator Targets...
November 10, 2020  |  News

In today’s top news, Amazon is facing antitrust charges in the EU over seller data, and India’s competition watchdog is looking into whether Google has...

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Amazon Faces EU Antitrust Charges Over Seller Data
Amazon Faces EU Antitrust Charges Over Seller Data
November 10, 2020  |  Amazon

Formal antitrust charges against Amazon will be announced by EU competition commissioner Margrethe Vestager over how the eCommerce giant handles data from the merchants on...

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Big Tech Compliance Tracker: Europe Plans To Release Drafts Of Digital Regulation Legislation; UN Initiative To Tax Big Tech In Developing Nations Gains Momentum
Big Tech Compliance Tracker: Europe Plans To Release Drafts Of Digital Regulation Legislation; UN Initiative...
November 02, 2020  |  Regulation

Here’s the latest news from Google and the technology industry, which is coming under increasing global scrutiny from regulatory watchdogs, consumers and organizations. Get the...

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