Margrethe Vestager

The EU’s antitrust chief, Margrethe Vestager, has stated that they have noted Microsoft Corporation’s (NASDAQ:MSFT) talent acquisition of Inflection AI staff, including its co-founders. What Happened: On Wednesday, Vestager expressed concerns about Microsoft’s recent hiring of...

The metaverse, a shared virtual world accessible via the internet, is attracting regulatory scrutiny, according to Margrethe Vestager, the European Union's antitrust chief. What Happened: Vestager raised concerns about potential dominance by Meta Platforms Inc (NASDAQ: META) in the...

European Union countries and EU lawmakers have agreed upon a stringent regulation to curtail illegal content on online platforms.  The bloc agreed on the broad terms of the Digital Services Act, or DSA, which will force tech companies to take greater responsibility for content optimization on...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) suffered a $5.1 billion, or €4.34 billion, fine Wednesday for antitrust activity in Europe. What Happened The European Commission said Google obstructed digital rivals by negotiating with handset makers like Samsung, HTC and Huawei to favor...

Europe's antitrust czar, the scourge of U.S. corporations, has a sculpture of a hand in her Brussels office, its middle finger extended out. On Wednesday, the bird was on the other hand. In the latest feud between U.S.-based corporations and overseas regulators, the European Union's top...

The European Commission ruled on Tuesday that Google and its parent company Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) are guilty of abusing its dominant market position to promote its own products and services instead of rivals. As such, the EU slapped Alphabet with a $2.7 billion fine, its...

Shares of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) were trading lower by more than 1 percent early Tuesday morning after the company was slapped with a $2.7 billion fine from the European Union. The EU's antitrust body confirmed in a press release it has fined Google's parent company $2.7...

Apple Inc. (NASDAQ: AAPL), which is perpetually in the spotlight, now has one more reason to be in the news. Ireland is set to formally table its appeal against the multi-billion-euro fine imposed by the European Commission on the company in late August this year. Irish Finance Minister Michael...

Apple Inc. (NASDAQ: AAPL)'s battle with Ireland over taxes continues to gain steam with Tim Cook's latest comments berating the European Commission. "The European Commission has launched an effort to rewrite Apple's history in Europe, ignore Ireland's tax laws and upend the international tax system...

Shares of Apple Inc. (NASDAQ: AAPL) fell more than 2 percent Tuesday morning after the European Union slapped the company with a whopping 13 billion euro ($14.5 billion) bill for back taxes. The EU concluded that Ireland gave Apple illegal state aid over many years. Fortune quoted the European...

The European Union is making moves that could result in a third antitrust complaint against Google (Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)). This time, the potential complaint is thought to be over its "lucrative advertising services," Bloomberg reported, citing three people familiar with the...

Alphabet Inc (NASDAQ: GOOG)'s business has come under fire by European regulators who are accusing Google of abusing its dominant position in the mobile market. Reuters reported that European Union's antitrust regulators said Google is denying consumers a wider choice of mobile apps and...

The European Union completed a 15-month investigation into multi-national companies setting up tax shelters. The report noted Starbucks Corporation (NASDAQ: SBUX) made the Netherlands its European hub, while Fiat Chrysler Automobiles NV (NYSE: FCAU) has been taking advantage of an internal...

Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is the target of a new antitrust lawsuit in Europe, as the European Union announced this week that it is seeking to take Google to court over alleged non-competitive practices. While Google shareholders are bracing for the worst, competitors could be...