All articles tagged with #competition rules
Originally Published 4 months ago — by CNBC
The European Union accepted commitments from Microsoft to unbundle Teams from its Office products, effectively avoiding a potential hefty fine by making Teams optional and improving interoperability, following an antitrust investigation prompted by Slack's complaint.
Originally Published 1 year ago — by Yahoo Finance
Apple is set to face a near €500 million fine from the European Union over allegations of stifling music-streaming rivals, including Spotify, on its platforms. The EU found that Apple violated competition rules by preventing rival music services from informing users about cheaper alternatives outside of its App Store. Additionally, Apple is expected to have its settlement proposal accepted in the EU's investigation into its tap-and-pay tech, following concerns about restricting access to the technology. EU competition chief Margrethe Vestager aims to dismantle Big Tech's dominance in the bloc, with the enforcement of the Digital Markets Act set to come into play on March 7.
Originally Published 2 years ago — by CNBC
Several major technology and media companies, including Google, Amazon, Apple, Meta, Microsoft, and TikTok owner ByteDance, have been accused by rivals of not complying with the new European Union digital competition rules. These rules require "gatekeepers" to engage effectively with other businesses and consumers, make their messaging apps work with rivals, and avoid self-preferencing practices. A group of 24 companies, including Ecosia, Qwant, and ProtonVPN, have signed an open letter urging the gatekeepers to engage in a constructive dialogue and make swift progress on compliance solutions. The European Commission and Parliament, as well as the tech giants, have been called upon to ensure compliance with the Digital Markets Act by the March 7, 2024 deadline.
Originally Published 2 years ago — by CNBC
Several major technology and media companies, including Google, Amazon, Apple, Meta, Microsoft, and TikTok owner ByteDance, have been accused by rivals of not complying with the new European Union digital competition rules. These rules require "gatekeepers" to engage effectively with other businesses and consumers, make their messaging apps work with rivals, and avoid self-preferencing practices. A group of 24 companies, including Ecosia, Element, and ProtonVPN, have signed an open letter urging the gatekeepers to engage in a constructive dialogue and make swift progress on compliance solutions. The European Commission and Parliament, as well as the tech giants, have been called upon to ensure compliance with the Digital Markets Act by the March 7, 2024 deadline.