European Commission

The European Commission is the executive branch of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU.

Source: ec.europa.eu

EMEA Regulation Roundup: European Commission Adopts Delegated Act on Cybersecurity; UAE to Merge All Government’s Digital Payment Systems
EMEA Regulation Roundup: European Commission Adopts Delegated Act on Cybersecurity; UAE to Merge All Government’s...
November 07, 2021  |  International

In recent top Europe, the Middle East and Africa (EMEA) news, the European Commission has announced the adoption of the Delegated Act on Cybersecurity for...

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Today in Payments Around the World: Poland’s Allegro to Pay $1B for Czech Retailer Mall Group; ECB Board Member Optimistic About Digital Euro
Today in Payments Around the World: Poland’s Allegro to Pay $1B for Czech Retailer Mall...
November 05, 2021  |  International

Today in payments around the world, Polish eCommerce firm Allegro will acquire Czech retailer Mall Group for $1 billion, and a European Central Bank board...

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Vestager Hints at Broader US-EU Collaboration on Big Tech Regs
Vestager Hints at Broader US-EU Collaboration on Big Tech Regs
October 14, 2021  |  Big Tech

Once in a while, an old adage may be tweaked a bit. Watch what people do, not what they say, goes the saying. We’ll amend it...

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NFC Fine Looms for Apple, But Competitive Shifts Costly Over Long Run
NFC Fine Looms for Apple, But Competitive Shifts Costly Over Long Run
October 07, 2021  |  ANTITRUST

For Apple … First off: the size of the fine may not matter much. But the impact to the business model, to the tech giant’s...

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Apple May Face EU Charges Over Blocking Rivals Access to iPhone NFC
Apple May Face EU Charges Over Blocking Rivals Access to iPhone NFC
October 06, 2021  |  ANTITRUST

As early as next year Apple could be hit with charges, as well as a steep antitrust fine from the European Union (EU) over its...

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GDPR Fines Exceed $1.1B in Q3
GDPR Fines Exceed $1.1B in Q3
October 04, 2021  |  Regulation

The General Data Protection Regulation (GDPR)’s 984.47 million euro fines (more than $1.14 billion) in the third quarter of 2021 was almost 20 times higher...

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FinTech Startup Invoier Nets $4.8M Investment From EU Fund
FinTech Startup Invoier Nets $4.8M Investment From EU Fund
August 18, 2021  |  International

The EU’s European Innovation Council Fund has invested 4.1 million euros (approximately $4.8 million) in Stockholm-based FinTech provider Invoier to help bolster the European small...

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EU Delays Date For Ruling On Facebook, Kustomer Transaction
EU Delays Date For Ruling On Facebook, Kustomer Transaction
August 09, 2021  |  ANTITRUST

European Union antitrust regulators have delayed the target date for a determination on Facebook’s purchase of New York-based software company, Kustomer, to Dec. 15, according...

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EU To Investigate Facebook’s Proposed Buy Of Kustomer Over Antitrust Concerns
EU To Investigate Facebook’s Proposed Buy Of Kustomer Over Antitrust Concerns
August 02, 2021  |  ANTITRUST

The European Commission has opened an investigation into the proposed acquisition of Kustomer by social media giant Facebook, according to a press release. The concern...

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