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Eu Investigation

All articles tagged with #eu investigation

business1 month ago•16 min saved

UK Regulator Opens Phase 1 Probe Into Paramount-Warner Merger

Britain's CMA has opened a Phase 1 merger inquiry into Paramount's deal with Warner Bros. Discovery, assessing whether the $110 billion tie-up could substantially lessen competition; Phase 1 is due to conclude by August 7, with a possible Phase 2 if concerns persist. Regulators in the EU are also reviewing the deal with a July 7 deadline. Reports suggest Paramount may offer divestitures from its children’s networks to address EU concerns, as regulators scrutinize the deal.

via Deadline|

#antitrust #business #cma

world4 months ago•3 min saved

EU urged to verify Ukrainian claims on Druzhba pipeline damage

Slovakia has asked the EU to dispatch inspectors to verify Kyiv’s claim that Russia damaged the Druzhba oil pipeline supplying Slovakia and Hungary, as Bratislava and Budapest push back amid energy-security and funding tensions. The dispute coincides with Hungary blocking a €90 billion loan to Ukraine and EU ministers grappling over sanctions, while Ukraine has carried out a drone attack on a pumping station connected to the pipeline.

via politico.eu|

#druzhba-pipeline #eu-investigation #hungary

business4 months ago•13 min saved

EU Opens Probe into Shein Over Illegal Goods and Addictive Shopping Features

EU regulators have opened a formal investigation into Shein, examining illegal products and potentially addictive design features on its platform, as concerns grow over safety, compliance and consumer protections in fast-fashion.

via AP News|

#business #consumer-protection #eu-investigation

politics1 year ago•3 min saved

French Police Raid National Rally Headquarters in Finance Investigation

French police raided the headquarters of the far-right National Rally party amid investigations into illegal campaign financing and misuse of EU funds, following previous legal issues faced by party leader Marine Le Pen, with ongoing inquiries into campaign funding and financial misconduct involving the party and its affiliates.

via The Guardian|

#campaign-financing #eu-investigation #france

business1 year ago•2 min saved

EU Warns of Price Hikes from Mars' $36B Kellanova Deal

Mars' $36 billion acquisition of Kellanova received US antitrust approval but is under EU investigation due to concerns over potential price hikes and increased market power, with the EU possibly requiring divestments to approve the deal.

via Yahoo Finance|

#antitrust #business #eu-investigation

technology2 years ago•1 min saved

Microsoft to Unbundle Teams from Office Worldwide in Response to Antitrust Pressure

Microsoft is separating Teams from Office 365 globally in response to ongoing antitrust pressure, allowing existing customers to maintain their current bundles while offering new pricing options. The move follows an EU investigation into whether the bundling violated competition rules, prompted by a complaint from Slack. Despite this change, Microsoft still faces the possibility of antitrust charges and potential fines of up to 10 percent of its global annual turnover.

via The Verge|

#antitrust #eu-investigation #microsoft

business3 years ago•0 min saved

EU investigation threatens Adobe's $20bn Figma acquisition.

Adobe's $20bn acquisition deal of Figma is under threat from an EU investigation. The European Commission is concerned that the deal could reduce competition in the market for design software. Adobe announced the acquisition in December 2020, with plans to integrate Figma's design collaboration tools into its Creative Cloud suite.

via Financial Times|

#acquisition #adobe #business