Category: European Union

Thanks to Europe's new Big Tech competition law, Spotify users in Europe can purchase audiobooks and subscription plans directly within the app starting in March. (Photo: Publish Drive)
Estimated read time 2 min read
Business European Union Sweden U.K. U.S.

Spotify to offer audiobooks and subscriptions in Europe, bypassing Apple’s fees

  • Post Date 01/24/2024

Spotify announced on Wednesday that starting in March, its European users will be able to purchase audiobooks and subscription plans directly within the music-streaming app. [more…]

France's privacy watchdog announced that it fined Amazon's French warehouse business 32 million euros ($35 million) for employing an "excessively intrusive system" to monitor worker performance and activity. (Photo: Amazon France)
Estimated read time 2 min read
Business European Union France U.S.

Amazon fined for intrusive worker monitoring in France

  • Post Date 01/24/2024

France’s privacy watchdog, CNIL, has wielded its authority, slapping Amazon’s French warehouse business with a hefty 32 million euro fine ($35 million) for what it [more…]

Dec. 18, 2023 - Adobe and Figma mutually agreed to terminate the cash-and-stock transaction due to the lack of a clear path for regulatory approval. (Photo: Lisa Werner | Gettty)
Estimated read time 2 min read
Business European Union U.K. U.S.

Adobe cancels $20 billion Figma acquisition amid regulatory concerns

  • Post Date 12/18/2023

In a surprising turn of events, Adobe (ADBE) has called off its planned $20 billion acquisition of the collaboration-software company Figma. This decision comes after [more…]

Nov. 28, 2023 - U.K.'s Competition and Markets Authority has expressed concerns that Adobe's planned acquisition of Figma may have adverse effects on the country's digital design sector. (Photo: Shutterstock)
Estimated read time 3 min read
Business European Union U.K. U.S.

Britain’s CMA warning casts a shadow on Adobe’s $20 billion Figma acquisition

  • Post Date 11/28/2023

In a move that could significantly impact the landscape of the U.K.’s digital design sector, Britain’s Competition and Markets Authority (CMA) issued a warning on [more…]

On Wednesday, Broadcom finalized its $69 billion acquisition of cloud-computing company VMware, concluding a lengthy saga after securing regulatory approval in China, the last major market. (Photo: VMWare | X)
Estimated read time 2 min read
Business China European Union U.S.

Broadcom successfully closes $69 Billion acquisition of VMware amid global regulatory hurdles

  • Post Date 11/22/2023

In a landmark move, Broadcom has officially concluded its $69 billion acquisition of cloud-computing giant VMware after overcoming regulatory obstacles, with China’s approval marking the [more…]

On October 25, the inaugural Global Gateway Forum commenced in Brussels, gathering 90 high-ranking government officials from over 20 countries. (Photo: Global Gateway Forum)
Estimated read time 4 min read
Business European Union

EU’s Global Gateway program challenges China’s Belt and Road Initiative with multimillion-dollar deals

  • Post Date 10/26/2023

Brussels – The European Union (EU) has taken a significant step in its ambition to provide a sustainable alternative to China’s Belt and Road Initiative [more…]

Korean Air, South Korea's largest carrier, plans to sell Asiana Airlines' air cargo business and divest routes to four EU cities to secure EU antitrust approval for its acquisition of Asiana. (Photo: Alan Wilson | Keia)
Estimated read time 1 min read
Business European Union South Korea

Korean Air proposes sale of Asiana’s cargo business and routes to meet EU regulatory requirements

  • Post Date 10/18/2023

Korean Air, South Korea’s largest airline, is planning to sell Asiana Airlines’ air cargo business and relinquish routes to four European cities as part of [more…]