European Union

The European Union is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.

Source: europa.eu

European Commission Will Not Oppose Advent Acquisition of Nuvei
European Commission Will Not Oppose Advent Acquisition of Nuvei
July 17, 2024  |  Acquisitions

The European Commission will not oppose the proposed acquisition of payment technology provider Nuvei by private equity firm Advent International. European Commission Director-General Olivier Guersent...

READ MORE >
European Commission Asking Competitors About Effects of Google-Samsung AI Deal
European Commission Asking Competitors About Effects of Google-Samsung AI Deal
July 17, 2024  |  artificial intelligence

The European Commission is reportedly looking into whether Google’s generative artificial intelligence (AI) deal with Samsung keeps other companies’ chatbots off Samsung smartphones. The antitrust...

READ MORE >
Apple Opens Payments Tech to Avoid EU Fine
Apple Opens Payments Tech to Avoid EU Fine
July 11, 2024  |  Apple

Apple has agreed to open its mobile wallet tech to rivals, thus avoiding fines in Europe. The agreement, announced by the European Union (EU) Thursday...

READ MORE >
How the World Does Digital: France’s Gen Zers Tops Digital Engagement Country Rankings
How the World Does Digital: France’s Gen Zers Tops Digital Engagement Country Rankings
July 08, 2024  |  Connected Economy

Although France checks in seventh — the first country below the median — in the recently released landmark report by PYMNTS Intelligence, “How the World...

READ MORE >
Amazon Gets 3 Weeks to Show Compliance With Digital Services Act
Amazon Gets 3 Weeks to Show Compliance With Digital Services Act
July 05, 2024  |  Amazon

The European Commission wants Amazon to prove it’s complying with the Digital Services Act (DSA). The watchdog group has given the tech giant until July...

READ MORE >
As MiCA Goes Live, Is Crypto Entering Its Regulation Era?
As MiCA Goes Live, Is Crypto Entering Its Regulation Era?
July 01, 2024  |  Cryptocurrency

Crypto and Web3 firms have been asking for more regulatory clarity for years. And now, with the news Sunday (June 30) that the European Union’s...

READ MORE >
Microsoft’s Teams Accused of Violating EU Antitrust Rules
Microsoft’s Teams Accused of Violating EU Antitrust Rules
June 25, 2024  |  ANTITRUST

European regulators say Microsoft’s Teams may have breached its antitrust rules through “possibly abusive” practices. The European Commission (EC) said Tuesday (June 25) that a...

READ MORE >
Apple Withholds AI, Other Offerings From EU amid DMA Conflicts
Apple Withholds AI, Other Offerings From EU amid DMA Conflicts
June 21, 2024  |  Apple

Apple will reportedly withhold several new technologies from consumers in the European Union (EU). The company will block the release of Apple Intelligence, iPhone Mirroring and SharePlay Screen Sharing in...

READ MORE >
Report: Apple Aims to Settle EU Investigation Involving Contactless Payments
Report: Apple Aims to Settle EU Investigation Involving Contactless Payments
June 18, 2024  |  Apple

Apple has reportedly made concessions to end a European Union (EU) antitrust investigation into its mobile payments system. The tech giant will give its rivals more access...

READ MORE >