Page 5 - Foo Yun News Today

Nokia, Ericsson and Siemens , in a joint letter to EU lawmakers published earlier this month, drew the committees attention to concerns from the European Patent Office, standard-setting body ETSI and other bodies on the draft rules, asking it to take a closer look.

BRUSSELS (Reuters) -Lufthansa's bid for a minority stake in ITA Airways could reduce competition in flights to and from Italy, EU antitrust regulators warned on Tuesday, ramping up pressure on the German carrier to offer stronger remedies. Lufthansa wants to acquire a 41% stake in the state-owned Italian carrier for 325 million euros ($353 million) as part of a capital increase. The European Commission opened an in-depth investigation, saying the deal could reduce competition in passenger...

Alphabets Google will tweak online search results to give comparison sites more prominence, the company said in a blogpost on Wednesday, as it outlined efforts to comply with new EU tech rules...

EU regulators have not sought feedback from rivals and customers on Lufthansa's remedies related to its bid for a minority stake in ITA Airways, suggesting the deal faces a full-scale investigation, three people with direct knowledge of the matter said. Lufthansa put in its offer to the European Commission on Jan. 8. It was prepared to cede slots at Milan-Linate Airport, where it overlaps with the Italian state-owned company on roughly half a dozen European routes to Lufthansa hubs in Fra...

BRUSSELS (Reuters) -British Airways owner IAG expects EU antitrust regulators to open a full-scale investigation into its plan to buy Spain's Air Europa and will offer remedies to address their concerns, IAG's chief executive said on Tuesday. The deal is part of a wave of consolidation in the airline sector, with Germany's Lufthansa seeking to buy a minority stake in Italy's state-owned ITA Airways, and Korean Air looking to buy Asiana. EU regulators have recently taken a t...

By Foo Yun Chee BRUSSELS (Reuters) - EU regulators have not sought feedback from rivals and customers on Lufthansas remedies related to its bid for a ...

EU industrial chief Thierry Breton is targeting 3 billion euros in a new scheme to ramp up production of defence equipment, inspired by last years landmark procurement programme to help deliver... -January 11, 2024 at 06:14 pm EST - MarketScreener

BRUSSELS -Korean Air is expected to win EU antitrust approval to buy Asiana Airlines after the companies pledged to sell the latters cargo unit and divest routes to four European cities, two people... -January 12, 2024 at 09:08 am EST - MarketScreener

Austrian privacy activist Max Schrems advocacy group Noyb on Thursday expanded its complaint about Meta Platforms paid no-ads subscription service as it urged the Austrian privacy watchdog to...

BRUSSELS (Reuters) -Amazon has not offered remedies to address concerns of EU antitrust regulators over its $1.4 billion acquisition of robot vacuum maker iRobot, according to an update on the European Commission website. The European Commission's competition officials in November sent a warning to the company that the deal could restrict competition in the market for robot vacuum cleaners, a sign that they wanted remedies from Amazon.