The London City-EU connection holds despite of Brexit and the ban of LSE-Deutsche Börse merger

European Commission’s decision to ban the Deutsche Börse – London Stock Exchange merger, on the one hand solved a long list of problems it could have triggered, in view of and after the Brexit. On the other hand though, this decision has created probably as many issues, because London is the long established low cost […]

How did Facebook fool the Commission that easily during the WhatsApp acquisition?

The European Commission announced yesterday that a Statement of Objections was sent to Facebook accusing the company of providing incorrect or misleading information during the investigation under Facebook’s acquisition of WhatsApp. The aforementioned information was that Facebook had initially reassured the EC that it was not possible to match the user accounts of Facebook and WhatsApp. However, […]

Deutsche Bank again in the middle of the US-EU economic skirmishes

The US government is reacting in many ways against the fine in back taxes of €13 billion which the European Commission imposed on Apple. Firstly, Jack Lew, the American Secretary of the Treasury, accused the EU of grabbing tax incomes which belong to the US. On 31st August he said, “What’s not appropriate is for, […]

Vestager vs. Google: a fight to ensure a competitive innovation framework

The EU Consumer and Competition Day took place yesterday in Amsterdam with Margrethe Vestager to reveal her will to charge Google for exploiting consumers by pre-installing Android apps on their smartphones. European Commission (EC) is showing its teeth once again, after Microsoft antitrust case a decade ago, against giant tech companies which are finding ways […]

Starbucks and FIAT again under Commission’s microscope: is Europe ready to kick multinationals out of the house?

Some multinationals (MNEs) such as FIAT and Starbucks have been overdoing it in the EU for quite some time now. The case of tax investigation of the aforementioned companies on whether they have paid the correct amount of corporate income tax or not is ongoing for over a year now. The Commissioner responsible for Competition, Mrs […]

On Google antitrust case: “Let’s face it, some companies want to hurt Google and it goes as simple as that”

After 5 long lingering years a bit of light will be cast on Google’s antitrust case in Europe. Former Commissioner Joaquin Almunia for Competition failed to resolve the matter successfully during his term, going back and forth numerous times. Like a modern Pontius Pilate who “washed his hands”, the Spanish politician, who launched the Google investigation back […]

Yesterday’s “jokes” and sarcasm by Digital Single Market’s Vice President Ansip on EU member states’ right to protect their telco markets

The distance between an actual speech and a press release is abyssal. A good example of that came out of Mr Ansip’s introductory speech at an event in Brussels yesterday evening about the EU Digital Single Market. The Vice President of the European Commission for the Digital Single Market (DSM) touched there briefly all current hot topics of the […]

EU to Telcos: Stop Mergers and Acquisitions but please help me urgently with 5G development

Last week in the Mobile World Congress 2015 you had the distinct feeling being in an immense supermarket, strolling from isle to isle in order to find the product that you desire. For a deep pocket investor #MWC15 could be an excellent market place where she would be able to put in her “shopping basket” […]

EU to Google: How to dismantle European search engines in 13 steps

It seems that the search engine thriller that we are watching with horror in the Old Continent goes on. Last week the Sting reported on how parliamentarians were planning to “break up with reality in the Google antitrust case”. This week we are counting the votes and the list of “guidelines” to Google and all […]

Parlamentarians to “break up” with reality in the Google antitrust case

How many years can an antitrust case endure in the EU? It certainly depends on many factors but in the case of Google 4 is the minimum. This is because the topic of a ‘digital monopoly’ of a search engine is so refined and sophisticated that for the majority of EU stakeholders it is “terra incognita”. Also […]