competition
Brussels has long accused Beijing of employing distorting and discriminatory practices that make it all but impossible for European companies to win public contracts in China in the valuable sector of medical devices, where the bloc still retains a competitive edge. These practices include slow certification processes and opaque approval systems for foreign manufacturers, as well as policies to beef up the national economy. In addition, the EU's medical device industry has repeatedly reported that Chinese public tenders previously open to imports now specifically request China-made products. G...
Euronews (English)
The European Commission on Tuesday carried out unannounced inspections at a company in the security equipment sector, the first to be done under the Foreign Subsidies Regulation. The new rules, which applied since July 2023, aim to tackle distortions caused by foreign subsidies and ensure a level playing field for all companies operating in the EU market. So far, the Commission has opened several investigations under the regulation, including into Chinese solar panel manufacturers and wind turbine producers, but this is the first time it has acknowledged raiding premises. "The Commission has i...
Euronews (English)
Leaders of 23 EU member states and the European Commission have signed a Solar Charter pledging to step up financing opportunities, skills capacity and to address unfair competition in the bloc during an Energy Council. Austria, Belgium, Bulgaria, Croatia, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, Luxembourg, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and the Netherlands signed the European Solar Charter in Brussels on Monday (April 15) in Brussels in an attempt to accelerate deployment of solar energy in the EU, with a view to r...
Euronews (English)
Washington (AFP) - After more than a decade of leaving Big Tech largely to itself, US antitrust enforcers have cranked up the heat, with several high-profile cases underway that could radically change the way the industry's giants do business. Launched under both the Trump and Biden administrations, five major cases from the Federal Trade Commission (FTC) and the Department of Justice (DOJ) are moving forward against major US technology companies -- including two against Google that could see the company split up. The most recent came in March against Apple by the FTC, which alleges the iPhone...
AFP
The European Commission today (April 2) announced it had cleared the way for Greece to invest €1bn to support two landmark renewable energy production and storage projects to be completed by mid-2025. The Faethon Project foresees construction of two photovoltaic units, each with a capacity of 252 MW, along with integrated molten-salt thermal storage units and an extra-high voltage substation. This project is designed to enable surplus energy to be stored and converted for use in times of peak electricity consumption. The Seli Project, entails the construction of a 309 MW photovoltaic unit with...
Euronews (English)
Polish regulators fined an Amazon operator €7.2 million (31 million zlotys) for “misleading consumers” about how and when they would receive their purchases. The complaint was against Amazon EU SARL, the Luxembourg-based operator of Amazon’s Polish website. SARL provides “website features and other products and services” to customers on Amazon landing sites or devices, according to the company’s terms and conditions. When customers place an order, they receive a terms and conditions “contract” with Amazon EU SARL. The regulators found “misleading practices” about when a sales contract is concl...
Euronews (English)
Washington (AFP) - Call it a "walled garden" or an ecosystem, but at the heart of Thursday's blockbuster US lawsuit against Apple are the many ways the company gets customers to remain faithful to its products. Apple versus PCsVery early on in its nearly half-century history, Apple made a decision that its products were to stand out alone and shouldn't be combined with products from other companies. With fans touting its better design and easier interface, Apple computers often drew the vitriol of PC users who equated its products as a technological straitjacket, denying users flexibility to a...
AFP
Washington (AFP) - The US Department of Justice sued Apple on Thursday, accusing the tech giant of illegally maintaining a monopoly for its iPhone by stifling competition and imposing exorbitant costs on consumers. The lawsuit, also brought by multiple US states, said Apple raked in hundreds of billions of dollars by allegedly making it difficult for consumers to switch to cheaper smartphones and devices. The long anticipated case against Apple sees the company founded by Steve Jobs in 1976 clash with Washington after largely escaping US government scrutiny for nearly a half century. It joins ...
AFP
The World Photography Organisation has unveiled the category winners and shortlist for the Open competition of the esteemed Sony World Photography Awards 2024, which showcases the best single images from around the world. Among them, Ana Skobe from Slovenia presents "Falling Out of Time," capturing the elegance of a lighthouse against a dusk sky, and Ian Ford of the UK presents "Caiman Crunch," a gripping moment of a jaguar attacking a caiman crocodile. A staggering 395,000 images were submitted from more than 220 countries and territories for consideration in the competition. Explore our phot...
Euronews (English)
US tech giant Apple has been ordered to pay a fine of €1.8 billion for abusing its dominant position on the market for the distribution of music streaming apps to iPhone and iPad users, the European Commission said today (4 March). The company applied restrictions on app developers preventing them from using cheaper music subscription services outside of the app, the investigation found.
Euronews (English)
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