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

US-EU Cooperation on Merger Review Raises Concerns Among Executives
US-EU Cooperation on Merger Review Raises Concerns Among Executives
December 23, 2021  |  ANTITRUST

U.S. executives say they are worried that U.S., U.K. and European Union regulators are scheming to block transactions they dislike, even if they do not strictly fall under their domain. The criticism stems from...

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Europe Needs New Rules to Be Global Leader in Payments, Says EU Commissioner
Europe Needs New Rules to Be Global Leader in Payments, Says EU Commissioner
December 22, 2021  |  Regulation

EU Commissioner for Financial Services Mairead McGuinness delivered a speech in November at the annual conference of the European Payment Institutions Federation that encapsulated the...

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European Cloud Project Kicks off Without US, Chinese Firms
European Cloud Project Kicks off Without US, Chinese Firms
December 15, 2021  |  International

The European Commission launched on Tuesday (Dec. 14) the European Alliance for Industrial Data, Edge and Cloud. This project is part of the European Data...

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Inflation, COVID Harming EU Consumer Confidence 
Inflation, COVID Harming EU Consumer Confidence 
November 29, 2021  |  Economy

Inflation and a rise in new COVID-19 cases has led to a drop in consumer confidence in the European Union, the European Commission reported Monday...

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Big Tech Firms Face Tough Week Following EU Clamp-Down
Big Tech Firms Face Tough Week Following EU Clamp-Down
November 12, 2021  |  Big Tech

The wrangling between Europe and Big Tech firms took a significant step up this week, as the European Union (EU) toughens its grip on some...

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Google Loses Appeal of $2.8B EU Shopping Ads Antitrust Suit
Google Loses Appeal of $2.8B EU Shopping Ads Antitrust Suit
November 10, 2021  |  Google

Google lost an appeal in General Court of the European Union in Luxembourg on Wednesday (Nov. 10) related to a 2017 decision by the European...

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Facebook Whistleblower to EU Lawmakers: Beef up Tech Rules
Facebook Whistleblower to EU Lawmakers: Beef up Tech Rules
November 08, 2021  |  Regulation

Facebook whistleblower Frances Haugen told European Union lawmakers Monday (Nov. 8) that she believes Europe’s draft rules for tackling illegal online content could become a...

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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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