EU antitrust regulators are asking retailers and manufacturers whether Amazon’s sales of own brand products similar to theirs have harmed their business, a move which could lead to a formal case and possibly fines against the U.S. tech giant.
The race to succeed Jean-Claude Juncker as head of the first post-Brexit European Commission begins later this month – and in typical EU style it is starting with a row about how the race should be run.
The European Union will take measures to tax US tech giants if the international community doesn't agree to a new system early next year, Competition Commissioner Margrethe Vestager said on Tuesday (21 November).
The European Commission today (30 August) hit Apple with a €13 billion clawback of unpaid taxes in Ireland, but Dublin branded the move a violation of its sovereignty and both the country and the US tech giant immediately said they would appeal the decision.
New European Commission research has highlighted failings in the different state subsidies offered to electricity utilities across the EU, while giving qualified support to the ‘market-based’ model used in the United Kingdom.