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

New EU Card Rules Could Confuse Customers
New EU Card Rules Could Confuse Customers
February 07, 2020  |  Regulation

The European Union has issued new rules for contactless payments, which has caused confusion and forced one digital bank to issue new cards, according to...

READ MORE >
EU Seeks Internal Facebook Records Amid Antitrust Probe
EU Seeks Internal Facebook Records Amid Antitrust Probe
February 06, 2020  |  ANTITRUST

Antitrust investigators from the European Union (EU) have requested internal records from Facebook as its investigation into the tech giant intensifies, The Wall Street Journal...

READ MORE >
EU Regulators Want Single Data Market In Europe
EU Regulators Want Single Data Market In Europe
February 03, 2020  |  Regulation

In Europe, another regulatory salvo may be aimed at U.S. tech firms’ dominance across online platforms, and the collection and use of data. The European...

READ MORE >
Data Shows Divide In Euro Zone Lending
Data Shows Divide In Euro Zone Lending
January 30, 2020  |  International

The European Central Bank (ECB) data showed on Wednesday (Jan. 29) that lending to euro zone companies fell to a two-year low at the end...

READ MORE >
EU Wants To Create Single Market Of Data To Offset Big U.S. Tech Companies
EU Wants To Create Single Market Of Data To Offset Big U.S. Tech Companies
January 30, 2020  |  International

The European Union (EU) wants to create a single market of data that will challenge the dominance of private companies like Amazon and Google, according...

READ MORE >
Premium Labels Ask EU To Crack Down On Big Tech
Premium Labels Ask EU To Crack Down On Big Tech
January 28, 2020  |  Europe

European luxury brands are asking EU regulators to be harder on online tech giants like Amazon and Alibaba regarding fakes and privacy, Reuters reported on...

READ MORE >
EU Parliament Calls For More Consumer Protection In AI, Automation
EU Parliament Calls For More Consumer Protection In AI, Automation
January 24, 2020  |  International

Parliament’s Internal Market and Consumer Protection Committee issued a resolution Thursday (Jan. 23) that will put rules into place to address the challenges of fast-developing...

READ MORE >
EU Court Rules Airbnb Doesn’t Need Estate License
EU Court Rules Airbnb Doesn’t Need Estate License
December 19, 2019  |  Europe

Europe’s highest court ruled that Airbnb is an “information society service” rather than a property broker or estate agent, TechCrunch reported on Thursday (Dec. 19)....

READ MORE >
EU Calls For Anti-Money Laundering Reforms
EU Calls For Anti-Money Laundering Reforms
December 05, 2019  |  AML

European Union finance ministers on Thursday (Dec. 5) agreed on strategy for anti-money laundering (AML) reforms and countering the financing of terrorism, Reuters reported. The...

READ MORE >