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’s Vestager Objects To Big Data Acquisitions After Google’s Fitbit Deal
EU’s Vestager Objects To Big Data Acquisitions After Google’s Fitbit Deal
November 07, 2019  |  Regulation

European Union antitrust chief Margrethe Vestager has concerns about Google’s recent acquisition of Fitbit, as well as continued competition issues over how the company lists...

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Italy Opposes German Proposal For EU Banking Union
Italy Opposes German Proposal For EU Banking Union
November 07, 2019  |  Banking

A German proposal for the EU’s banking union is being opposed by Italy, which said it would impact banks’ ability to compete, according to a...

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EU: Apple Pay May Be Stifling Payments Competition
EU: Apple Pay May Be Stifling Payments Competition
November 07, 2019  |  ANTITRUST

EU Competition Commissioner Margrethe Vestager said numerous grievances have been filed with the European Commission concerning Apple Pay and its negative effect on competition in...

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Why Barclaycard Says Consumers Are Key To SCA Success
Why Barclaycard Says Consumers Are Key To SCA Success
November 06, 2019  |  Regulation

As Strong Customer Authentication (SCA) becomes fully implemented, the merchants, banks and third-party payment services within the European Union (EU) are still working out the...

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EU Opens New Facebook Probe Over Marketplace Antitrust Concerns
EU Opens New Facebook Probe Over Marketplace Antitrust Concerns
October 31, 2019  |  Facebook

EU antitrust regulators are now investigating whether Facebook’s Marketplace is unfair regarding online classified ads, according to a report by Reuters. Facebook Marketplace has a...

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EU Antitrust Chief Could Require Big Tech To Prove User Benefits
EU Antitrust Chief Could Require Big Tech To Prove User Benefits
October 30, 2019  |  Regulation

The EU Antitrust Chief Margrethe Vestager said she is considering holding large tech companies to a higher standard of proof when it comes to competition...

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EU Digs Into Apple Pay Antitrust Probe
EU Digs Into Apple Pay Antitrust Probe
October 30, 2019  |  Apple Pay

The EU is looking even further into possible antitrust violations regarding Apple, with regulators trying to find out if online sales companies were ordered to...

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EU Consumer Confidence Declines To Lowest Point Since December
EU Consumer Confidence Declines To Lowest Point Since December
October 24, 2019  |  Europe

Data shows that consumer confidence in the European Union has fallen to its lowest level since the end of last year. According to Bloomberg, the...

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Portugal Bank Head: EU Banks Must Adapt To ‘New Reality’ Of FinTech 
Portugal Bank Head: EU Banks Must Adapt To ‘New Reality’ Of FinTech 
October 22, 2019  |  Digital Banking

Carlos Costa, the head of the Bank of Portugal and member of the European Central Bank (ECB) board, said banks are going to have to...

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