competition
Airbus, BMW and Michelin are among 11 companies set to receive millions in public subsidy to develop low-carbon hydrogen technology after EU competition officials approved a whopping package of state aid for an ‘important project of common European interest’ (IPCEI). The Hy2Move project, which as its name implies is intended to develop transport fuels, was prepared jointly by Estonia, France, Germany, Italy, Netherlands, Slovakia and Spain, who requested an exemption from single market rules that normally prohibit national subsidies. It is hoped the state aid will be matched by €3.3bn in priva...
Euronews (English)
A joint call for action issued by France and Germany on the eve of today's Competitiveness Council (24 May) proposes measures to boost industry competitiveness for the next five years, targeting cross-border energy infrastructure, critical raw materials and discussions on the 2040 climate target. The joint-paper signed by German Vice-Chancellor Robert Habeck, German Federal Minister for the Economy and Climate Protection, and Bruno Le Maire, French Minister for the Economy, Finance and Recovery, calls on the next European Commission's work programme to focus on specific priorities including si...
Euronews (English)
Washington (AFP) - The US Department of Justice filed a major antitrust lawsuit Thursday seeking to break up an alleged monopoly in the live music industry between concert promoter Live Nation Entertainment and its subsidiary, bookings website Ticketmaster. The lawsuit, filed in a federal court in New York, claims that Live Nation has abused its dominant market position to raise ticket fees, squeeze out competitors and limit choices for fans, venues and artists. "Live Nation relies on unlawful, anticompetitive conduct to exercise its monopolistic control over the live events industry in the Un...
AFP
Euronews (English)
Hotel and apartment rental website Booking.com has been designated as a gatekeeper under the EU’s competition rules for platforms, the Digital Markets Act (DMA), the European Commission said today (13 May). This followed the Dutch company notifying the Commission on 1 March that its services potentially met the DMA thresholds. The EU law brings in tougher rules for tech companies and makes it easier for users to move between competing services. The EU executive also said it opened a market investigation to further assess the rebuttal submitted by online platform X, after it said it did not qua...
Euronews (English)
Investment in clean technologies such as solar photovoltaics (PV), batteries, wind power, electrolysers and heat pumps soared by 70% last year with China accounting for three-quarters of global investments, according to a report published today (May 6) by the International Energy Agency (IEA) assessing the pace of clean tech manufacturing. China houses more than 80% of global solar PV module manufacturing capacity and battery production and is the world’s largest exporter of EV batteries, accounting for about 70% of total exports in 2023. The Asian giant currently controls nearly 90% of global...
Euronews (English)
Lawyers for the US government and Google are presenting closing arguments in the largest US antitrust case in years this week. US District Judge Amit Mehta is set to issue a ruling in the late summer or early autumn. If he decides Google broke the law, another trial will determine how to rein in its market power. The judge went back and forth with Google's main litigator, John Schmidtlein, on the first day of the trial's closing arguments. Mehta questioned whether another company had the money and data necessary to develop a search engine to compete with Google. “It seems to be very, very unli...
Euronews (English)
Washington (AFP) - A US judge on Thursday pushed against the central pleas of both US government and Google lawyers as he heard their closing arguments at a landmark antitrust trial in Washington. Federal Judge Amit Mehta, whose decision is not expected until later in the year, raised his questions during two days of hearings that come six months after the conclusion of testimony. The case is the first of five major lawsuits by the US government to reach trial, with Meta, Amazon, Apple and a separate case against Google also heading for federal court. The trial is the first time the US Departm...
AFP
A US regulator voted on Thursday to restore "net neutrality" rules which prevent internet providers from favouring certain websites over others. The move will bring back "a national standard to ensure the internet is fast, open, and fair," the Federal Communications Commission (FCC) said on Thursday. It restores an order that was first issued in 2015 under the Obama administration and later repealed under the Trump administration. The measure passed Thursday on a 3-2 vote split along party lines, with Democratic commissioners in favour and Republicans opposed. Net neutrality requires internet ...
Euronews (English)
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)
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら