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Meta fined nearly €800mn for breaking EU law over classified ads practices
Facebook is undermining rivals by ‘tying’ its free Marketplace services with the social network, Brussels saysWorld - Financial Times - November 14 -
EU slaps Meta with a nearly 800 million euro fine for engaging in 'abusive' Marketplace practices
European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls “abusive practices” involving its Marketplace online classified ads businessWorld - ABC News - November 14 -
Italy arrests dozens over €520mn ‘mafia tax fraud’
Luxury cars and boats among items seized over widespread VAT fraud scheme, says European prosecutorWorld - Financial Times - November 14 -
NATO and the EU press China to help stop North Korea's support for the war on Ukraine
NATO and the European Union are ramping up pressure on ChinaWorld - ABC News - November 14 -
Ukraine war briefing: EU cements first ever joint arms purchases in boost for Ukraine
€300m fund will help member countries buy defence equipment and increase support to Ukraine; Odesa strike knocks out heating. What we know on day 996 Continue reading...World - The Guardian - November 15 -
EU judges grill von der Leyen’s lawyers over missing text messages
New York Times has sued European Commission over its refusal to release president’s exchanges with Pfizer chiefWorld - Financial Times - November 15 -
EU fines Meta over $840 million for ‘abusive practices’ favoring Facebook Marketplace
Meta received a fine of over $840 million on Wednesday for breaching the European Union’s antitrust rules as it relates to market domination after three years of legal proceedings. The ...Politics - The Hill - November 16 -
ECB split over report showing big EU banks’ capital requirements lower than US rivals
Officials say US rules would increase minimum capital levels by double-digit percentage for biggest EU banksWorld - Financial Times - November 18 -
EU lawmakers seal a deal to rubber-stamp one of the bloc's most right-leaning executives
European Union lawmakers have rubber-stamped a new team of policy commissioners for the next five years to head one of the bloc's most rightward-leaning executive branches everWorld - ABC News - 6 days ago -
EU migration chief raises alarm over Russian visas amid security fears
European Union may need to tighten visa policies in light of growing security threats, warns EU chief. The EU’s top official in migration has said she is concerned about the bloc’s visa policy that ...World - The Guardian - 6 days ago -
EU Drops Probe of Apple's Treatment of Rival Audiobook, Ebook Developers in App Store
The European Commission said it dropped a probe that began in 2020 after a rival developer withdrew its own complaint.Tech - The Wall Street Journal - 5 days ago -
How António Costa plans to shake up EU summits and work with von der Leyen
Also in this newsletter: Italian police investigate two men over alleged spying for RussiaWorld - Financial Times - 5 days ago -