Metaverse requires regulatory scrutiny, EU competition chief says, and other metaverse stories you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author:  Cathy Li, Head, Shaping the Future of Media, Entertainment & Sport; Member of the ExCom, World Economic Forum 1. Metaverse requires competition checks, EU antitrust chief says The metaverse needs regulatory scrutiny to ensure unfair competition does not […]

Competition: Commission invites stakeholders to provide comments on the application of EU competition law to collective bargaining agreements for self-employed

This article is brought to you in association with the European Commission. The European Commission has launched today a public consultation to gather views and evidence from citizens, businesses, social partners, academia, government bodies and all interested parties as part of an initiative to ensure that EU competition rules do not stand in the way of […]

State aid: Commission finds Luxembourg gave illegal tax benefits to Engie; has to recover around €120 million

This article is brought to you in association with the European Commission. The European Commission has found that Luxembourg allowed two Engie group companies to avoid paying taxes on almost all their profits for about a decade. This is illegal under EU State aid rules because it gives Engie an undue advantage. Luxembourg must now recover […]

Nokia wins Commission’s approval for Alcatel-Lucent acquisition: a new way for antitrust cases?

The European Commission has given unconditional approval last Friday to the proposed acquisition of Alcatel-Lucent by Nokia, under the EU Merger Regulation. The 15.6 billion-euro merger with the French-American global telecommunications equipment company was announced by Nokia around 1 pm, last Friday, and later on by the European Commission through an official press release. No competition […]