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

EU Bans Unfair Food Supply Chain Practices
EU Bans Unfair Food Supply Chain Practices
December 20, 2018  |  B2B Payments

The European Commission has introduced new measures to protect farms in the EU food sector against unfair supply chain practices, the body said in an...

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SEC Head Begs EU, UK To Stabilize Post-Brexit Plan
SEC Head Begs EU, UK To Stabilize Post-Brexit Plan
December 18, 2018  |  Regulation

Jay Clayton, the chief of the U.S. Securities and Exchange Commission (SEC), urged European Union and U.K. lawmakers to prepare for a no-deal Brexit, which...

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Data Dive, Trying New Things Edition: Walmart, Amazon And EU Card Fees
Data Dive, Trying New Things Edition: Walmart, Amazon And EU Card Fees
December 10, 2018  |  Data Dive

Poet William Cowper famously wrote in his 1787 poem “The Task” that “variety is the spice of life.” And while change-resistant humans are often a bit...

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Mastercard Incurs $650M Charge Over EU Antitrust Fine
Mastercard Incurs $650M Charge Over EU Antitrust Fine
December 04, 2018  |  ANTITRUST

Mastercard incurred a $650 million fourth-quarter charge related to a large fine over a 2015 EU antitrust investigation, Reuters reported on Tuesday (Dec. 4). The company was accused...

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Visa, Mastercard Cut Tourist Card Usage Fees To End EU Probe
Visa, Mastercard Cut Tourist Card Usage Fees To End EU Probe
December 04, 2018  |  Regulation

Visa and Mastercard are offering to cut fees that are paid by merchants on tourists’ card payments made in the European Union — an effort...

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EU ‘Link Tax’ May Shutter Google News Abroad
EU ‘Link Tax’ May Shutter Google News Abroad
November 19, 2018  |  Google

A “link tax” might mean the end of Google News in the EU. Richard Gingras, the search engine’s vice-president of news, said while “it’s not...

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EU Cracks Down On Passport Sales Due To Money Laundering
EU Cracks Down On Passport Sales Due To Money Laundering
October 10, 2018  |  Europe

The European Commission announced Wednesday (October 10) that it plans to provide European Union states with guidelines for handling national schemes to sell passports and...

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Google Provides EU With Second Shopping Report
Google Provides EU With Second Shopping Report
October 02, 2018  |  Google

Google has handed over a second report to European Union (EU) antitrust regulators, detailing its proposal to allow more shopping rivals to bid for ads...

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EC Eyes Greater Enforcement Over Money Laundering
EC Eyes Greater Enforcement Over Money Laundering
September 10, 2018  |  Security & Fraud

The European Commission is crafting a proposal aimed at giving the European Banking Authority more enforcement powers and resources to go after banks that are...

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