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

SWIFT Debate Shows Politics, Payments Make Strange Bedfellows
SWIFT Debate Shows Politics, Payments Make Strange Bedfellows
August 29, 2018  |  Global Payments

The headlines all play on  the name “SWIFT” in some form or another: “Germany Wants A Swift End To SWIFT,” or “Some Critics Want A...

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European Commission Fines Asus, Denon & Marantz, Philips, Pioneer
European Commission Fines Asus, Denon & Marantz, Philips, Pioneer
July 24, 2018  |  ANTITRUST

The European Commission announced on Tuesday (July 24) that it fined, in four separate decisions, consumer electronics manufacturers Asus, Denon & Marantz, Philips and Pioneer...

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European Commission Looking Into Thales’ Proposed Acquisition Of Gemalto
European Commission Looking Into Thales’ Proposed Acquisition Of Gemalto
July 23, 2018  |  Partnerships / Acquisitions

Gemalto, the digital security company that is being acquired by Thales, the French aerospace and defense company, will see the European Commission launch an in-depth...

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European Finance Leaders Want More Progress On Digital Company Tax
European Finance Leaders Want More Progress On Digital Company Tax
July 23, 2018  |  International

The finance leaders in Europe called for more progress to be made on rules for taxing digital companies during a G20 meeting of finance ministers...

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Brussels Rebuffs UK Post-Brexit FinServ Plan
Brussels Rebuffs UK Post-Brexit FinServ Plan
July 23, 2018  |  Europe

Brussels has rejected the U.K.’s proposals on how to govern London’s access to the European market after Brexit. According to the Financial Times, Brussels said that...

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Copyright Revamp In EU Gets Thumbs Down From Lawmakers (For Now)
Copyright Revamp In EU Gets Thumbs Down From Lawmakers (For Now)
July 05, 2018  |  International

The copyright re-tooling will not be as onerous as some had feared, it seems. Reuters reported on Thursday (July 5) that lawmakers in the European Union...

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Reports Surface That EU Will Fine Google Big Over Android
Reports Surface That EU Will Fine Google Big Over Android
June 06, 2018  |  Google

After a European Union report gave Alphabet a “negative result” and fine of up to $11 billion for abusing its power through its Android operating...

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EU Proposes Tougher Stance On Foreign Investments
EU Proposes Tougher Stance On Foreign Investments
May 29, 2018  |  Europe

In response to an increase of Chinese acquisitions of European rivals, the European Parliament’s international trade committee has approved a proposal calling for greater scrutiny...

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EU May Create Algorithms To Find Anti-Competitive Pricing
EU May Create Algorithms To Find Anti-Competitive Pricing
May 04, 2018  |  Regulation

To find companies that may be using software to fix prices, EU regulators may create their own algorithms. European Competition Commissioner Margrethe Vestager said that it’s...

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