Tag "antitrust"
Antitrust fines in the EU signal progress on emissions standards
On the 8th of July 2021 the European Commission announced that it had imposed a €875 million fine on a group of German car manufacturers for conspiring to limit the development of clean emissions technology. This is the 7th largest fine ever imposed by the body and demonstrates the EU’s hard-line response to the car industry’s flagrant disregard of international environmental law. Daimler’s decision to alert the Commission to the cartel in order to avoid fines under the 2006 Leniency Notice suggests that new regulatory frameworks are effectively discouraging cartels.
Internet Giants and Big Firms: Geopolitical dividends on the horizon?
Political leaders have recently taken actions to curb Big Tech through tax reform, anti-competition investigations, and are considering breaking up potential monopolies.
European competition commission builds cases against tech firms
In a number of digital trade sectors, the preeminent forces are major U.S. firms—from “traditional” firms making consumer electronics to dedicated providers of digital services, including those involving internet search, entertainment, social media, and cloud computing.
4 reasons Apple should have seen EU tax ruling coming
The European Commission’s recent action against Apple is the latest in a number of antitrust cases it has brought against U.S tech firms. Despite howls of protest, Commissioner Margrethe Vestager shows no sign of toning down her policy.
Google’s antitrust charges underscore EU’s battle on anti-competitiveness
Europe is struggling to reconcile an era of a rapid change in the tech industry, the power of giant tech firms, and ‘big data’.
Resurgence of MFN clauses in contracts and treaties
Most favored nation clauses have been around for centuries. Perhaps because of their increasing popularity, however, governments and the public are starting to question how well they work. What do
