Discovery Communications Inc. announced today that the European Commission has approved its acquisition of Scripps Networks Interactive. The merger was announced last July and both companies' shareholders voted to approve the $14.6 billion deal in No...
Discovery, Scripps merger gets approval from European Commission
Discovery Communications Inc. announced today that the European Commission has approved its acquisition of Scripps Networks Interactive. The merger was announced last July and both companies' shareholders voted to approve the $14.6 billion deal in No...
Things just get worse and worse for Qualcomm. The European Commission has fined the company €997 million ($1.23 billion) for "abusing its market dominance" in LTE baseband chipsets. According to the Commission, Qualcomm prevented rivals from com...
In 2016, Facebook, Twitter, Microsoft and YouTube signed on to a European Union code of conduct, agreeing to review all reports of hate speech on their platforms within 24 hours and taking down flagged posts if necessary. The EU has kept close tabs o...
Streaming is single-handedly boosting music sales and Spotify doesn't want any one behemoth (see Apple) gaining a stranglehold over the booming market. It got its wish when the EU promised "legislative instruments" to help out the little guy, specifi...
Last year, the European Commission ruled that Apple's sweetheart tax deal with Ireland was illegal and that the company owed around $14.5 billion in back taxes. But Ireland was rather slow to start collecting that cash, which led the Commission to re...
For the past few years, the European Union has been developing reforms that would turn Europe into a Digital Single Market. Under such a structure, anyone in Europe would be able to buy goods and services online from any of the EU member states, not...
The European Commission says that Amazon received tax benefits from member country Luxembourg that totalled around €250 million. Under EU State aid rules, this is illegal and the country has been told it must recover this sum. Amazon was able to...
The European Union (EU) has proposed a raft of new measures to tackle online hate speech, telling social media companies that they can expect legal consequences if they don't get rid of illegal content on their platforms. Despite companies such as Fa...
France and Germany are looking to make major tech companies like Google, Apple, Facebook and Amazon begin paying their fair share of taxes. The move comes as many European leaders have expressed frustration at how these companies focus their profits...