EU seeks feedback on new antitrust power to investigate companies

BRUSSELS (Reuters) – EU regulators are seeking feedback about a possible new power to investigate businesses and demand changes even when no competition rules have been broken, in a move aimed at stopping companies from abusing their dominance. The prospective power underlines a European Commission push for a speedier and a more effective antitrust capability and came after a decade-long […]

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Tech reboot in store for EU as plans recovery from crisis

BRUSSELS (Reuters) – From ramping up 5G’s rollout to exploiting its data, the European Union is turning to technology to help it bounce back from the coronavirus crisis and compete better in key areas with the United States and China. As part of a 750 billion euro ($825 billion) recovery plan announced on Wednesday, the European Commission said the goal […]

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Virus-tracing apps must not be used for mass surveillance: EU says

BRUSSELS (Reuters) – COVID-19 contact-tracing apps must only be used during the pandemic and will need to be automatically de-activated once the crisis is over, EU justice commissioner Didier Reynders said on Thursday in a bid to allay concerns over state surveillance. Countries are rushing to develop mobile tracing apps, hoping smartphone technology could help bring about a reopening of […]

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EU consumer group warns against 'game-changer' Google-Fitbit deal

BRUSSELS (Reuters) – Alphabet Inc-owned Google’s planned $2.1 billion buy of fitness trackers company Fitbit may harm consumers and hinder innovation, European consumer group BEUC said on Wednesday, calling it a game-changer deal in the health and digital markets. Google announced the deal in November last year, a move which would allow it to take on Apple and Samsung in […]

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Use of virus-tracing apps should be voluntary: EU document

BRUSSELS (Reuters) – The use of virus contact-tracing apps should be voluntary, the European Commission will say on Wednesday, as part of a package of measures aimed at lifting border restrictions and reviving the European Union’s tourism and travel industries. The apps should also be able to work across EU borders, a Commission document seen by Reuters said. Source: Read […]

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Britain, EU start penultimate round of talks before key deadline

BRUSSELS (Reuters) – Britain and the European Union start their penultimate scheduled round of trade talks on Monday with little progress on major sticking points before a June deadline to agree on any extension of negotiations. British Prime Minister Boris Johnson has repeatedly refused to prolong the current transition period beyond the end of the year to grant more time […]

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EU looks for evidence to rein in U.S. tech giants

BRUSSELS (Reuters) – U.S. tech giants such as Facebook and Amazon could face tougher rules as European Union regulators seek evidence to curb their role as gatekeepers to the internet and access to people, information and services, according to an EU tender seen by Reuters. The outcome could force Facebook, Google, Amazon and Apple to separate their competing businesses, provide […]

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