#Margrethe Vestager
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Europa in Woche 2024/37: Politische Turbulenzen und Streit bei Bildung neuer EU-Kommission
Moin, Europa Woche 2024/37: +++ LEYEN GRĂBELT: EU-Kommissionsteam lĂ€sst auf sich warten +++ VESTAGER LACHT: EU siegt in Milliardenprozess gegen Apple & Google +++ MIGRATION SPALTET: EU-Zorn und Zank +++ Das alles und noch viel mehr in www.european.expert
Europa: Themen der Woche (EuropĂ€ische Union) â Das hat die Politik in Europa, die Europaeische Union, und die EU-Ăffentlichkeit in der Europawoche 2024/37 an- und umgetrieben:â Das neue Kommissionsteam lĂ€sst auf sich warten â von der Leyen kommt mit der Zusammenstellung nicht voran ⊠Siehe unten. Kurz vor Ende ihrer Amtszeit feiert EU-Wettbewerbskommissarin Margrethe Vestager den gröĂtenâŠ
#deutsche Migrationspolitik#europa#europÀische union#EuropÀisches Parlament#Margrethe Vestager#migrationspolitik#Ursula von der Leyen#Wolf Achim Wiegand
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Avrupa Yatırım Bankası'nın yeni baĆkanı Ä°spanyol bakan Nadia Calvino olacak
Ä°spanya Maliye Bakanı Nadia Calvino, aylarca sĂŒren tartıĆmaların ardından Danimarkalı Margrethe Vestagerâı geride bıraktı. REKLAM Ä°spanya Maliye Bakanı Nadia Calvino, AB maliye bakanları arasında uzun sĂŒredir devam eden anlaĆmazlıÄı çözerek Avrupa Yatırım Bankasıânın (EIB) bir sonraki baĆkanı seçildi. Bankanın yönetim kuruluna baĆkanlık eden Belçikalı bakan Vincent van Peteghem gazetecilere,âŠ
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Biden rebuffs UK bid for closer cooperation on tech
Press play to listen to this article Voiced by artificial intelligence. LONDON â Britain was rebuffed by the Biden administration after multiple requests to develop an advanced trade and technology dialogue similar to structures the U.S. set up with the European Union. On visits to Washington as a Cabinet minister over the past two years, Liz Truss urged U.S. Commerce Secretary Gina RaimondoâŠ
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#Antony Blinken#Artificial Intelligence#asia#Batteries#Boris Johnson#Business and competition#China#Cooperation#data#Data flows#Exports#Foreign policy#Gina Raimondo#innovation#Ireland#joe biden#Katherine Tai#Liz Truss#Margrethe Vestager#Michelle Donelan#Northern Ireland#Policy#Regulatory#Rishi Sunak#russia#Semiconductor Strategy#Semiconductors#South Korea#Subsidies#Supply chains
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Threads isnât available in the EU and no news as when it will be, so that makes it easy to avoid joining. Iâm sure update accounts will tell us if anything significant is posted.
haha nice I didnât even know that thanks anon
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Apple has been ordered to pay âŹ13 billion ($14.4bn) of unpaid taxes to the Irish state, in a court ruling that ended a decade-long fight between Europe and the big tech company.
In a judgment handed down on Tuesday, the European Court of Justice (ECJ) agreed with a European Commission ruling in 2016, which found that for a period of more than 20 years Apple enjoyed illegal tax advantages that constituted state aid from the Irish government.
âThe Court of Justice gives final judgment in the matter and confirms the European Commissionâs 2016 decision: Ireland granted Apple unlawful aid, which Ireland is required to recover,â the court said in a statement.
âToday is a huge win for European citizens and tax justice,â Margrethe Vestager, the European competition commissioner, said in a statement on X. âIreland granted illegal aid to Apple.â
The Irish government said that it will respect the decision of the court, and points to it being of âhistorical relevance onlyâ, claiming that it dates back to revenues in 1991 and 2007 which are âno longer in force,â because it introduced changes to its tax regime. âThe Irish position has always been that Ireland does not give preferential tax treatment to any companies or taxpayers,â the governmentâs statement read.
Dr Stephen Daly, a reader in tax law at Kingâs College London, says he is âstunnedâ by the decision, which has come after a lengthy back and forth legal battle that saw the European General Court find in Appleâs favour in 2020.
âI really didnât see this coming,â Daly says. âI thought the Commissionâs path to victory was incredibly narrow because it suffered some big defeats in similar cases against Fiat and Amazon. I thought this would be the same outcome. Iâm also stunned because this is the biggest tax case in history: âŹ13bnâwhich will be more than âŹ14bn when interest is added onâwill have to be paid back.â
The case relates to tax deals the Irish authorities struck with Apple in 1991 and 2007 to encourage it to headquarter two European subsidiaries in the country. Other companies were not offered the same favourable terms, leading the European Commission to accuse Ireland of giving Apple a âselective advantage.â
Ireland has long come under scrutiny for allegedly providing a tax haven for US firms. During his last stint in the White House, current presidential hopeful Donald Trump namechecked the country in a speech in which he vowed to bring âtrillions of dollarsâ in tax revenues back to the US.
âFor too long our tax code has incentivised companies to leave our country in search of lower tax rates,â he said in 2017. âIt happensâmany, many companies. Theyâre going to Ireland. Theyâre going all over.â
According to Daly, the ECJ decision is ânot good for Ireland.â âIreland has always tried to position itself as a country that provides generous tax rules but rules that are fair,â he says. âThis certainly has harmed Ireland Inc.â
Chiara Putaturo, an EU tax policy advisor at the charity Oxfam, which is engaged in a long-running campaign against tax havens, said the judgment âdelivers long-overdue justice after over a decade of Ireland standing by and allowing Apple to dodge taxes,â adding that it ââexposes EU tax havensâ love affair with multinationals.â
However, Putaturo said that while Ireland will be forced to recover the âŹ13bn from Apple, the case has not outlawed the use of so-called âsweetheart tax dealsâ in the EU. Notably, in the Fiat and Amazon cases, which were decided in 2022 and 2023 respectively, the ECJ ruled that similar deals struck in Luxembourg did not amount to state aid.
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Queen Margrethe II of Denmark presenting the 2024 Ebbe Munck Honorary Award to Margrethe Vestager at Christiansborg Palace - 05.11.24
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Apple has been fined âŹ1.8bn (ÂŁ1.5bn) by the EU for breaking competition laws over music streaming.
The firm had prevented streaming services from informing users of payment options outside the Apple app store, the European Commission said.
Competition commissioner Margrethe Vestager said Apple abused its dominant position in the market for a decade.
She ordered the US tech giant to remove all the restrictions. Apple has said it will appeal against the decision.
The European Commission's decision was triggered by a complaint by Swedish music streaming service Spotify, which was unhappy about the restriction and Apple's 30% fee..
Ms Vestager said Apple had restricted "developers from informing consumers about alternative, cheaper music services available outside of the Apple ecosystem".
"This is illegal under EU antitrust rules," she said.
However, Apple said it would appeal, adding there was no evidence consumers had been harmed.
"The decision was reached despite the Commission's failure to uncover any credible evidence of consumer harm, and ignores the realities of a market that is thriving, competitive, and growing fast," the company said in a statement.
"The primary advocate for this decision, and the biggest beneficiary, is Spotify, a company based in Stockholm, Sweden.
"Spotify has the largest music streaming app in the world, and has met with the EC [European Commission] more than 65 times during this investigation," it said.
Spotify attacks Apple's 'outrageous' 27% commission
Spotify called the fine handed out to Apple "an important moment" and said it sent "a powerful message" that "no company, not even a monopoly like Apple, can wield power abusively to control how other companies interact with their customers".
Apple said the Swedish company pays no commission to them as it sells its subscriptions on its website and not on the app store.
Spotify had argued that the restrictions benefit Apple's rival music streaming service, Apple Music.
Digital Markets Act
In January, Apple announced plans to allow EU customers to download apps outside of their own app store, as the introduction of the Digital Markets Act (DMA) drew closer.
The aim of the European Union's DMA is to help competition in the technology sector and to try to break down the stronghold the likes of Apple and Google have on the market.
The tech companies were given six months from August last year to comply with a full list of requirements under the new legislation, or face a fine of up to 10% of their annual turnover.
The firms have until later this week to comply with a raft of changes announced since the start of the year, as Apple, Meta and TikTok pursue challenges to aspects of the law.
Law professor at EDHEC, Anne Witt, told the BBC the DMA will have a "significant impact" on the way designated platforms operate within the EU.
"It is a more effective but also much blunter legal tool in the fight against market concentration in the digital economy," she said.
Last week, Spotify and 33 other companies operating across a wide range of digital sectors wrote to the European Commission with a renewed attack on Apple's "lack of compliance" with the DMA.
"Apple's new terms not only disregard both the spirit and letter of the law, but if left unchanged, make a mockery of the DMA and the considerable efforts by the European Commission and EU institutions to make digital markets competitive," it said.
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Meta soll 800 Millionen zahlen
BuĂgeld zum Abschied der alten EU-Kommission
Meta soll 798 Millionen Euro zahlen, weil es seinen Online-Kleinanzeigendienst Facebook Marketplace an das weitverbreitete soziale Netzwerk Facebook gekoppelt und Wettbewerber benachteiligt haben soll, schreibt Telepolis. Durch diese Koppelung wurden " anderen Anbietern von Online-Kleinanzeigendiensten unfaire Handelsbedingungen auferlegt", erklÀrte EU-Wettbewerbskommissarin Margrethe Vestager.
Nun wird Meta gegen dieses BuĂgeld klagen und es werden wieder ca. 10 Jahre vergehen wie in dem genau vor einem Monat beschriebenen Verfahren in Deutschland: "Meta verlor vor dem EuGH". Auch damals wurde endlos geklagt und inzwischen behauptet Meta, dass sie "alles ganz anders" machen als zum Klagezeitpunkt.
Nebenbei wird Meta - und auch die anderen GAFAM-Internetkonzerne - weiter mit seine Lobbyisten in BrĂŒssel dafĂŒr sorgen, dass ihre Profitaussichten weiter gut bleiben: "Meta, Lobbyist Nr. 1 bei der EU".
Telepolis erinnert an die TĂ€tigkeit von Frau Vestager: "FĂŒr die EU-Wettbewerbskommissarin Vestager dĂŒrfte die Rekordstrafe eine ihrer letzten Amtshandlungen sein. In ihrer zehnjĂ€hrigen Amtszeit war sie eine der schĂ€rfsten Kritikerinnen des Silicon Valley. Gegen Google verhĂ€ngte sie Kartellstrafen von mehr als acht Milliarden Euro."
Das gestrige Scheitern des EU-Entwaldungsgesetzes durch die gemeinsame Abstimmung von EVP und RechtsauĂen macht schon mal deutlich, dass wir uns noch an die letzten EU-Parlamente und einzelne EU-KommissarInnen zurĂŒcksehnen werden ...
Mehr dazu bei https://www.telepolis.de/features/EU-Rekordstrafe-fuer-Meta-Facebook-Marketplace-missbrauchte-Marktmacht-10035801.html
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#Vestager#EuGH#Meta#Facebook#Instagram#WhatsApp#Datenklau#Kleinanzeigendienste#Einwilligung#freiwillig#informiert#Datenkraken#Transparenz#Informationsfreiheit#Anonymisierung#OpenSource#Verbraucherdatenschutz#BuĂgeld#DatenzusammenfĂŒhrung#Diskriminierung#GAFAM
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BRUSSELS, June 14 (Reuters) - Alphabet's (GOOGL.O) Google may have to sell part of its lucrative adtech business to address concerns about anti-competitive practices, EU regulators said on Wednesday, threatening the company with its harshest regulatory penalty to date.
The European Commission set out its charges in a statement of objections to Google two years after opening an investigation into behaviours such as favouring its own advertising services, which could also lead to a fine of as much as 10% of Google's annual global turnover.
The stakes are higher for Google in this latest clash with regulators as it concerns the company's biggest money maker, with the advertising business accounting for 79% of total revenue last year.
Its 2022 advertising revenue, including from search services, Gmail, Google Play, Google Maps, YouTube adverts, Google Ad Manager, AdMob and AdSense, amounted to $224.5 billion.
Google has a few months to respond to the charge. It can also ask for a closed hearing in front of senior Commission antitrust officials and their national counterparts before the EU issues a decision in a process that could take a year or more. The company also could potentially settle by offering stronger remedies than previously proposed.
EU antitrust chief Margrethe Vestager said Google may have to sell part of its adtech business because a behavioural remedy is unlikely to be effective at stopping the anti-competitive practices.
"For instance, Google could divest its sell-side tools, DFP and AdX. By doing so, we would put an end to the conflicts of interest," she told a news conference.
"Of course I know this is a strong statement but it is a reflection of the nature of the markets, how they function and also why a behavioural commitment seemed to be out of the question."
Google said it disagreed with the Commission's charge.
"The Commission's investigation focuses on a narrow aspect of our advertising business and is not new. We disagree with the EC's view," Dan Taylor, Google's vice president of global ads, said in a statement.
Vestager said investigations would continue into Google's introduction of a privacy sandbox set of tools to block third party cookies on its Chrome browser and its plan to stop making the advertising identifier available to third parties on Android smartphones.
She said the EU had closely cooperated with competition authorities in the United States and the UK.
The European Publishers Council, which filed a complaint to the Commission last year, welcomed the charge.
The Commission said Google favours its own online display advertising technology services to the detriment of competing providers of advertising technology services, advertisers and online publishers.
It said Google has abused its dominance since 2014 by favouring its own ad exchange AdX in the ad selection auction by its dominant publisher ad server DFP, and also by favouring AdX in the way its ad buying tools Google Ads and DV360 place bids on ad exchanges.
Google is the world's dominant digital advertising platform with a 28% market share of global ad revenue, according to research firm Insider Intelligence.
Google had sought to settle the case three months after the investigation was opened but regulators grew frustrated with the slow pace and the lack of substantial concessions, a person familiar with the matter told Reuters previously.
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#2025#digitalregulation#digitalstandards#EUdigitalstrategy#EUtechpolicy#globalcompetitiveness#innovation#techgovernance
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European Markets Rally Amid US Tech Hangover - Hidden Insights Revealed The Hidden Optimism Driving the Forex Market and What it Means for You Picture this: European markets start the day as flat as a pancake, but somehow, after a few sips of optimism-infused coffee, they begin their climb upwards. Thatâs how the trading day kicked off in Europe today. It was as if the bourses needed a gentle push from Wall Streetâs success yesterday, and suddenly, we were back on track. And honestly, isn't that just trading in a nutshellâwaiting for that spark, that nudge, to finally make a move? Despite an initial slow start, European sectors opened with what weâll call a "mild positive bias." You know, the kind of optimism thatâs not quite a cheer, but more of a knowing nod, like a trader whoâs just seen a promising chart pattern that theyâre not quite ready to bet the farm onâyet. Before long, that sentiment spread, and the markets got a bit of an upward groove on. Itâs like a dancer finding their rhythm just after the DJ drops the beat. Suddenly, everyone wants to join in. And hereâs where it gets spicy. President Macron and his government survived a vote of no confidenceâan event that came and went with all the drama of a canceled soap opera. Traders shrugged, the CAC 40 moved on, and Macronâs team decided theyâd rather replace a cabinet member than have the whole country revisit the ballot boxes. Honestly, you can almost picture Macron looking at the situation like someone trying to decide between rewatching a favorite series or doing a full-on Netflix binge with something new. Spoiler alert: heâs rewatching. Across the pond, US equity futures weren't feeling as upbeat. The S&P 500 and Nasdaq futures were nursing a mild hangover from Wall Streetâs previous rallyâa rally that saw US stocks print fresh record highs, led by those overachieving tech names. You know, the Teslas and Googles of the world, always striving for the top spot like a student who insists on finishing every assignment a week early. Nasdaqâs tech-heavy swagger seems to be leaving a little tension in its wake, as traders nervously keep one eye on tech and the other on their economic calendars. Meanwhile, Foxconn reported a 3.47% year-over-year increase in November revenue. Sure, itâs not the 8.59% they boasted in October, but letâs face it, Foxconn is still growing, and it's hinting that Q4 will be a strong one. Itâs kind of like someone whoâs been eating super healthy all week, had a cheat day, but knows they're still on track to smash their fitness goals by the end of the month. Good vibes all around. In other noteworthy developments, European antitrust chief Margrethe Vestager has brought up the idea of breaking up Googleâagain. Youâve got to give it to her: persistence is key. Itâs like that friend who keeps trying to fix their ancient laptop rather than buying a new one. In Vestager's world, that fix is splitting up Google, and this time sheâs making sure everyone knows itâs still on the table. And if thatâs not enough for your "underground news fix," letâs talk about TSMC and Nvidia. The whispers on the street say theyâre talking about making Blackwell chips at TSMCâs new Arizona plant. Itâs like two big-shot friends planning to open a boutique coffee shop in a trendy neighborhood. Arizona just might be the next Silicon Valleyâor at least a pretty hot spot for chip production. For those looking for an edge in Forex, these tech moves are importantâbecause where tech goes, often the broader market follows. The Hidden Patterns in Todayâs Market So, what does all of this tell us, really? Beyond the headlines and the superficial noise, there are undercurrents in these movements. Letâs break it down. - Market Sentiment is a Game of Influence: Just like that push from Wall Street gains this morning, sentiment is highly contagious in trading. A small move on one major market can ripple across others, much like an influencerâs trending post that makes everyone else jump on the bandwagon. Donât underestimate how important it is to keep a finger on the pulse of the big movers. - Contrarian Opportunity? Look Beyond Tech Hype: Nasdaq leading gains might make tech look like the only game in town, but contrarian traders know that when the spotlightâs on one area, there are hidden opportunities elsewhere. Financials, energy, or even utilitiesâall are worth a second glance right now, particularly if tech falters. - Regulatory Headwinds Are Real: When the EU talks about breaking up tech giants, itâs not just for dramatic effect. Regulatory risk is an ever-present, slow-moving shadow over big tech. Traders need to take this into account, especially when weighing long-term exposure. Where's the Real Edge? You might be wondering, what does all this mean for a trader looking for the next edge? The truth is, itâs all about reading between the lines. Whether it's Foxconn showing resilience amid a broader slowdown, Macronâs attempts at political damage control, or Googleâs potential future as a smaller conglomerate, each piece contributes to the bigger puzzle. The key is to see what others missâthose seemingly minor details can provide serious strategic advantages. As always, donât get caught up in the noise. Look for the hidden trends, the shifts that others overlook, and stay ahead of the game. And if you want exclusive insights and some of those underground trading tactics, you know where to find them. (Hint: Scroll up to those linksâweâve got the tools and community to help you level up.) ââââââ Image Credits: Cover image at the top is AI-generated  Read the full article
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Apple faces first EU fine under Digital Markets Act
Apple could become the first company to be fined under the European Unionâs new digital antitrust rules for large technology corporations. The European Commission is preparing to fine Apple for practices that the regulator believes limit competition in the App Store.
Earlier in March 2024, the European Commission had already fined Apple âŹ1.84bn (about $2bn) after investigating a complaint by music streaming service Spotify. The Commission concluded that Apple had prevented app developers from redirecting users to cheaper payment options for purchases outside the App Store, which is unacceptable under the Digital Markets Act (DMA).
The amount of the new fine is not yet known, but the DMA provides for penalties of up to 10% of a companyâs annual worldwide turnover for a first offence and up to 20% for repeat offences. Given Appleâs revenues last year, the fine could reach $38bn. The European Commission is expected to announce its decision this month, even before Competition Commissioner Margrethe Vestager steps down.
Apple is also under investigation for allegedly obstructing the development of alternative app shops in the EU. In addition, the EU won a case in September 2024 that requires Apple to pay âŹ13bn ($14.4bn) in unpaid tax. Apple CEO Tim Cook allegedly even appealed to Donald Trump about the fines imposed on the company. At the moment, Apple has not officially commented on the impending fine.
Read more HERE
#world news#news#world politics#europe#european news#european union#eu politics#eu news#apple#apple inc#dma#digital markets act#tim cook
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EU rudert jetzt auch beim Diesel zurĂŒck
Tichy:»Die EU rechnet nicht mit einem rĂŒckwirkenden Verbot von Dieselfahrzeugen. Das hat die scheidende Vize-PrĂ€sidentin der Kommission, Margrethe Vestager, jetzt in einer Antwort auf eine Abgeordneten-Frage klargestellt. Anlass war ein derzeit laufendes Verfahren vor dem EU-Gerichtshof (EuGH). Dabei geht es um die Einhaltung von neuen Schadstoffgrenzwerten bei Ă€lteren Dieselfahrzeugen. Die Kommission sei nicht der Auffassung, Der Beitrag EU rudert jetzt auch beim Diesel zurĂŒck erschien zuerst auf Tichys Einblick. http://dlvr.it/TFTHNs «
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La UE considera calcular multas X incluyendo los ingresos de otras empresas de Musk
âDespuĂ©s de que Breton dimitiera en septiembre, legĂł sus poderes para imponer multas a la jefa digital y de competencia Margrethe Vestager. Las decisiones sobre las sanciones y cĂłmo se calculan recaerĂan en Ășltima instancia en Vestagerâ, escribiĂł Bloomberg. La ComisiĂłn Europea tendrĂa la Ășltima palabra. âLa comisiĂłn aĂșn no ha decidido si penalizarĂĄ a X, y el tamaño de cualquier posible multa aĂșnâŠ
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