Tag: EU

Google loses challenge against EU

Google loses challenge against EU antitrust decision, other probes loom

By Foo Yun Chee

Google suffered one of its biggest setbacks on Wednesday when a top European court upheld a ruling that it broke competition rules and fined it a record 4.1 billion euros, in a move that may encourage other regulators to ratchet up pressure on the U.S. giant.

The unit of U.S. tech giant Alphabet (GOOGL.O) had challenged an EU antitrust ruling, but the decision was broadly upheld by Europe’s General Court, with the fine trimmed modestly to 4.125 billion euros ($4.13 billion) from 4.34 billion euros.

https://www.reuters.com/technology/eu-courts-wed-ruling-record-44-bln-google-fine-may-set-precedent-2022-09-14/

Presented by Romano Pisciotti

Berlin protest against TTIP trade deal draws thousands

Thousands have protested in the German capital Berlin against a planned free-trade deal between the EU and US.
Organisers said 250,000 people took part in the rally; police put the figure at around 100,000.
Opponents of the Transatlantic Trade and Investment Partnership (TTIP) say it is undemocratic and threatens consumer and worker rights.
But supporters of the deal, which lowers trade barriers, say it would boost economies and create jobs.
Hundreds of buses shuttled protesters to Saturday’s demonstration in the German capital.
“We are here because we do not want to leave the future to markets, but on the contrary to save democracy,” Michael Mueller, president of the ecological organisation German Friends of Nature, told AFP.

Berlin
Berlin