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European Union (EU)

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Tech giants that break new EU rules aimed at curbing their powers could face fines, be ordered to change their practices or even be forced to break up their European businesses, the bloc’s digital chief Thierry Breton said on Wednesday.

Breton’s comments come two weeks before he is due to present draft rules known as the Digital Services Act (DSA) and Digital Markets Act (DMA), which are likely to affect big U.S. players Google, Apple, Amazon, Facebook and Microsoft.

The DSA will force tech companies to explain how their algorithms work, open up their advertising archives to regulators and researchers, and do more to tackle hate speech, harmful content and counterfeit products on their platforms.


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Alphabet and Google CEO Sundar Pichai has apologized to Europe's industry chief Thierry Breton over a leaked internal document proposing tactics to counter the EU's tough new rules on internet companies and lobby against the EU commissioner.

Pichai and Breton exchanged views in a video-conference call late on Thursday, the third this year, according to a statement from the European Commission.

The call came after a Google internal document outlined a 60-day strategy to attack the European Union’s push for the new rules by getting U.S. allies to push back against Breton.


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The European Union has charged Amazon with damaging retail competition, accusing the U.S. company of using its size, power and data to give it an unfair advantage over smaller merchants that sell on its online platform.

The move on Tuesday by competition chief Margrethe Vestager, the latest European salvo against U.S. tech giants, comes at a time when the COVID-19 pandemic has amplified Amazon’s role in the global economy, with online sales soaring in lockdowns.


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The European Union will impose tariffs on up to $4 billion of U.S. imports in retaliation for U.S. subsidies for Boeing, but said on Monday it was hopeful of an improvement in trade ties under U.S. President-elect Joe Biden.

The move, given the green light by the World Trade Organization last month, is the latest in a 16-year U.S.-EU dispute over civil aviation subsidies. U.S. tariffs on $7.5 billion of EU products after a parallel WTO case against Airbus AIR.PA have been in place for over a year.


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Fiat Chrysler and PSA are set to win EU approval for their $38 billion merger to create the world’s No.4 carmaker, people close to the matter said, as they strive to meet the industry’s dual challenges of funding cleaner vehicles and the global pandemic.

The green light from the European Commission would formalize the creation of Stellantis, a carmaking group that could tap hefty profits from selling Ram ...


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World Trade Organization arbitrators said Tuesday that the European Union can sanction up to $4 billion in U.S. goods over Washington’s illegal support for plane maker Boeing.

The ruling, which could inflame Trump administration criticism of the Geneva-based trade body, amounts to one of the largest penalties handed down by the WTO. It comes a year after another ruling authorized billions in penalties against the European Union over support for Boein...


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The European Union’s new trade chief has told the U.S. to withdraw tariffs on more than $7 billion of EU products or face additional duties on exports to Europe, as he urged a settlement to the dispute over Airbus SE and Boeing Co, the Financial Times reported on Sunday.

Repairing the transatlantic relationship would be EU's top priority, and the U.S. should withdraw its Airbus-related tariffs as a confidence-building measure, the EU's new trade chief Valdis Dombrovski...


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EU antitrust chief Margrethe Vestager on Friday appealed a court ruling dismissing her order to iPhone maker Apple to pay 13 billion euros ($15 billion) in Irish back taxes, a landmark case in the European Commission’s crackdown against sweetheart tax deals.

The Luxembourg-based General Court in July scrapped the Commission’s 2016 ruling, saying that EU competition enforcers had not met the requisite legal standard to show that Apple had enjoyed an unfair advantage.


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PARIS (Reuters) - Boeing’s grounded 737 MAX could receive regulatory approval to resume flying in November and enter service by the end of the year, Europe’s chief aviation safety regulator said on Friday.

“For the first time in a year and a half I can say there’s an end in sight to work on the MAX,” said Patrick Ky, executive director of the European Union Aviation Safety Agency (EASA).

EASA expects to lift its technical ban “not long” after the U.S. Federal...


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Facebook has told Ireland’s High Court it cannot see how its services could operate in the European Union if regulators freeze its data transfer mechanism, the Sunday Business Post reported, citing court documents seen by the paper.

The U.S. social media giant last week said that the Irish Data Protection Commission, its lead EU regulator, had made a preliminary decision that the mechanism it uses to transfer data from the EU to the United States ...