Page 13 - Foo Yun News Today

BRUSSELS (Reuters) -Microsoft was hit with an EU antitrust complaint by German rival alfaview on Thursday, the second so far over its bundling of video app Teams into its Office product. Regulators are already preparing to open an investigation into Microsoft's move. Alfaview, based in Karlsruhe in south-western Germany and with a 500-strong workforce, said it had filed a similar complaint to the European Commission.

A French-led backlash led to a U.S. economist withdrawing from a top European Union antitrust job on Wednesday, a move some economists said risks undermining competition policy-making. EU antitrust chief, Margrethe Vestager, triggered the furore last week by picking Fiona Scott Morton as the chief economist of the EU's antitrust unit, the competition arm currently running probes into U.S. tech giants Alphabet, Apple, Meta Platforms, Microsoft and Amazon's bid for iRobot.

The European Commission should better protect children with stricter consumer rules for digital coins and videogame loot boxes, the Dutch government said, according to a discussion paper seen by Reuters on Wednesday. The EU executive late last year sought feedback on whether to overhaul the existing EU consumer law for the digital world. The Dutch said an area of concern was increasing digital coins usage for paying in an app or in videogames, with children as the most vulnerable to this pract...

BRUSSELS (Reuters) -French President Emmanuel Macron on Tuesday criticised EU antitrust chief Margrethe Vestager's decision to hire a U.S. economist over a European to help oversee Big Tech, adding her previous work could lead to conflicts of interest. Leaders of the main political groups at the European Parliament have also chided Vestager for picking Fiona Scott Morton, 56, the former chief economist at the U.S. Department of Justice during former President Barack Obama's tenure.

By Foo Yun Chee BRUSSELS (Reuters) - The European Commission stuck to its guns on Friday, saying it was not reconsidering EU antitrust chief Margrethe...

By Foo Yun Chee BRUSSELS (Reuters) - Facebook owner Meta will contest EU antitrust charges at a closed hearing on Friday in a bid to stave off a possi...

Facebook owner Meta will contest EU antitrust charges at a closed hearing on Thursday in a bid to stave off a possible hefty fine after regulators charged it with tying its classified advertisements service to its social network, people familiar with the matter said. The European Commission sent a charge sheet to the world's most popular social network last December, singling out two practices that showed that Meta abused its market power. It said Meta's tying of its online classifie...

By Foo Yun Chee BRUSSELS (Reuters) - Facebook owner Meta will contest EU antitrust charges at a closed hearing on Friday in a bid to stave off a possi...

By Foo Yun Chee BRUSSELS (Reuters) - U.S. chipmaker Broadcom's is set to win conditional EU antitrust approval for its $61 billion proposed acquisitio...

BRUSSELS (Reuters) -Amazon's $1.7 billion acquisition of robot vacuum cleaner maker iRobot may reduce competition and strengthen Amazon's position as online marketplace provider, EU antitrust regulators warned on Thursday. The European Commission opened a full-scale investigation and will decide by November 15 whether to clear or block the deal. "We continue to work through the process with the European Commission and are focused on addressing its questions and any identified co...