Page 48 - Foo Yun News Today

4 Min Read BRUSSELS (Reuters) -EU regulators accused Apple on Friday of distorting competition in the music streaming market, siding with Spotify in a case that could lead to a hefty fine and changes in the iPhone maker’s lucrative business practices. The preliminary findings are the first time Brussels has levelled anti-competitive charges against Apple, although the two sides have had bruising clashes in the past, most notably a multibillion-dollar tax dispute involving Ireland. Apple, Spot...

EU regulators accused Apple on Friday of distorting competition in the music streaming market, siding with Spotify in a case that could lead to a hefty fine and changes in the iPhone makers lucrative business practices. The preliminary findings are the first time Brussels has levelled anti-competitive charges against Apple, although the two sides have had bruising clashes in the past, most notably a multibillion-dollar tax dispute involving Ireland. Apple, Spotify and other parties can now r...

EU explores chipmaker alliance as alternative to foreign-funded megafab - sources Reuters 10 hrs ago By Mathieu Rosemain, Michel Rose and Foo Yun Chee © Reuters/STEVE MARCUS FILE PHOTO: An Intel Tiger Lake chip is displayed at an Intel news conference during the 2020 CES in Las Vegas By Mathieu Rosemain, Michel Rose and Foo Yun Chee PARIS/BRUSSELS (Reuters) -The European Union is considering creating a semiconductor alliance including STMicroelectronics, NXP, Infineon and A...

By Reuters Staff 1 Min Read BRUSSELS, April 28 (Reuters) - EU antitrust regulators on Wednesday fined Bank of America Merrill Lynch, Credit Agricole and Credit Suisse a total of 28.5 million euros ($34.4 million) for taking part in a bond cartel. Deutsche Bank was not penalised because it alerted the cartel to the European Commission. The EU competition watchdog said the cartel was operated in the European secondary trading market related to supra-sovereign, sovereign and agency (SSA) bonds den...

Exclusive-Aons $30 billion Willis deal set to win EU approval - sources By Foo Yun Chee Reuters BRUSSELS (Reuters) -Insurance broker Aon is set to gain conditional EU antitrust approval for its $30 billion bid for Willis Towers Watson without having to offer more concessions, people familiar with the matter said. Aon, which clinched the deal a year ago to create the worlds largest insurance broker ahead of Marsh & McLennan Companies Inc, offered concessions to the European Commission earlier...

Hibbing, MN, USA / 93.9 WTBX Apr 28, 2021 9:23 AM BRUSSELS (Reuters) – EU antitrust regulators are unlikely to demand more concessions from insurance broker Aon over its $30 billion bid for Willis Towers Watson and are expected to give conditional clearance to the deal, people familiar with the matter said. Aon, which clinched the deal a year ago to create the world’s largest insurance broker ahead of Marsh & McLennan Companies Inc, offered concessions to the European Commission earlier...

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EU Set to Approve Aon-Willis Merger; More Concessions Unlikely: Reuters Insurance broker Aon is set to gain conditional EU antitrust approval for its $30 billion bid for Willis Towers Watson without having to offer more concessions, people familiar with the matter said. Aon, which clinched the deal a year ago to create the world’s largest insurance broker ahead of Marsh & McLennan Companies Inc., offered concessions to the European Commission earlier this month. Following feedback from rivals...

Message : Required fields BRUSSELS (Reuters) - EU antitrust regulators are set to charge iPhone maker Apple this week with blocking rivals on its App Store following a complaint by music streaming service Spotify, a person familiar with the matter said on Tuesday. The move, the first EU antitrust charge against Apple, could lead to a fine as much as 10% of Apples global revenue and changes in its lucrative business model. Reuters was the first to report about the imminent EU antitrust charg...

EU asks if Aon rival Gallagher, others are right buyers for assets -sources Reuters 1 hr ago BRUSSELS, April 27 (Reuters) - EU antitrust regulators are asking Aon rivals and customers who is the best buyer for assets the insurance broker has offered to sell to address competition concerns about its $30 billion Willis Towers Watson bid, people familiar with the matter said. Earlier this month, Aon offered to sell assets in five European Union countries, Willis reinsurance arm and its German re...