EU slaps record fine of 2.4-billion-euro on Google
EU slaps record fine of 2.4-billion-euro on Google
The EU On Saturday Slapped Record Fine Of 2.4-billion-euro On Google For Abusing Its Market Dominance. âWill Find Its Way Back To European Citizens, Europeâs Competition Chief Said On Saturday. PTI | Updated on: 01 Jul 2017, 11:06:08 PM
Paris:
The EU on Saturday slapped record fine of 2.4-billion-euro on Google for abusing its market dominance. “Will find its way back to European citizens,” Europe’s competition chief said on Saturday.
Although the US tech giant has said it expects to appeal, if the European Commission wins, “this fine will return to European citizens” via the governments of the 13 member states involved, European Competition Commissioner Margrethe Vestager said on French radio.
The Ecommerce business has been flourishing around the world and is accounting to more than 14% of the total retail sales globally. The introduction of Ecommerce has seen a significant shift in the way consumers buy products and how businesses are manufacturing and selling stuff. There are over 4.2 million internet users in Kuwait covering […]
This year’s cohort is heavily skewed towards healthtech companies, representing 18 per cent of the total.
The UK is now third in the world for healthtech investment after the US and China, and over the course of 2020 we saw an increase in early stage investment, from $2.27bn in 2019 to $2.32bn in 2020.
Healthtech companies among the fastest-growing tech start-ups include LabGenius, which develops new protein-based drugs using machine learning – lowering the associated costs and risks of drug development; Belfast-based Locate a Locum, which enables temporary healthcare workers to connect; Oxford-based Vitaccess, a platform which quantifies patients’ experiences of treatments and illness; and London-based Blink, a communications platform for Frontline workers.
It is far from clear what solution there might be to the problems raised by the digital platforms. Breaking up the platforms is likely to be temporary because network effects will be likely to cause the markets to tip back to large dominant players – Douglas Melamed, Professor of the Practice of Law at Stanford Law School pointed out in a conversation with Lénárd Sándor, researcher at the National University of Public Service.
Doug MELAMED was appointed Professor of the Practice of Law at Stanford Law School in 2015. From 2009 until 2014, Professor Melamed was Senior Vice President and General Counsel of Intel Corporation. Prior to joining Intel in 2009, he was a partner in the Washington, D.C., office of WilmerHale, a global law firm in which he served as a chair of the Antitrust and Competition Practice Group. He has authored numerous articles on antitrust and on law and economics.
Productsup appoints Thomas Kasemir as Chief Product Officer
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Kasemir will oversee the company’s product vision and strategy and help write the next chapter of Productsup’s success story. BERLIN (PRWEB) January 25, 2021 Productsup, the leading ecommerce data integration company, today announced it has appointed Thomas Kasemir to the new role of Chief Product Officer. Kasemir will lead the global engineering and product management teams and will focus on accelerating product innovation. He will be reporting to Productsup’s Co-CEO Kai Seefeldt.
“Thomas joins us at a particularly interesting time. Last year we not only reached profitability, but also had profitable growth, adding close to 100 new brands, such as Sephora, Electrolux, and OBI, to our roster. Thomas is a global technology executive with a proven track record of scaling diverse teams through change and transforming businesses. I am