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

Google Appeals European Commission’s $1.7B Fine
Google Appeals European Commission’s $1.7B Fine
June 05, 2019  |  ANTITRUST

Google has appealed the European Commission’s $1.7 billion fine, which was issued March for anti-competitive behaviors in the online advertising market. CNBC, citing Google, reported...

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EU Antitrust Chief Sees No Competition Issues With Google Shopping
EU Antitrust Chief Sees No Competition Issues With Google Shopping
May 22, 2019  |  Regulation

European Competition Commissioner Margrethe Vestager said measures put in place for Google to boost competition in online shopping results appear to be working, according to...

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EU Regs Hear More Calls For Commercial Card Swipe Fee Caps
EU Regs Hear More Calls For Commercial Card Swipe Fee Caps
May 06, 2019  |  B2B Payments

As European Union (EU) authorities continue to combat interchange fees charged by credit card companies Visa and Mastercard, some are now calling on such regulatory...

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Mastercard, Visa Cut Tourist Interchange In Response To EC Pressure
Mastercard, Visa Cut Tourist Interchange In Response To EC Pressure
April 29, 2019  |  Regulation

The European Commission announced Monday (April 29) that commitments made by Mastercard and Visa to reduce interchange fees are legally binding under European Union antitrust...

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Legislators In The EU Close Banking Loopholes
Legislators In The EU Close Banking Loopholes
April 16, 2019  |  Regulation

Legislators in the European Union have approved a slew of banking reforms including the closing of loopholes exposed by the financial crisis, according to a...

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With A Nod To European Commission Pressure, Facebook Updates Data Use Disclosures
With A Nod To European Commission Pressure, Facebook Updates Data Use Disclosures
April 09, 2019  |  Facebook

In the continuing saga focused on user data, how that data is used, and transparency, score one for the Europeans. In news reported early Tuesday...

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SWIFT, Ripple Support EU Blockchain Group Launch
SWIFT, Ripple Support EU Blockchain Group Launch
April 05, 2019  |  Blockchain

A new blockchain association has been created to promote the adoption of the technology across the European Union. The group — the International Association of Trusted...

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France, Germany And EU Want China To Play Nice
France, Germany And EU Want China To Play Nice
March 26, 2019  |  International

The European Commission, along with France and Germany, are calling on China to open its domestic market more to foreign companies. According to a report...

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Nike Receives $14.14M Fine Over Cross-Border Sales
Nike Receives $14.14M Fine Over Cross-Border Sales
March 25, 2019  |  Retail

In the latest European Union sanction related to cross-border sales, Nike received a $14.14 million — or 12.5 million euro — fine. The European Commission claimed...

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