Quotes from the news wire:
Large gatekeeper platforms have prevented businesses and consumers from the benefits of competitive digital markets, the gatekeepers will now have to comply with a well-defined set of obligations and prohibitions. This regulation, together with strong competition law enforcement, will bring fairer conditions to consumers and businesses for many digital services across the EU.
Found on CNN 2 years ago
On artificial intelligence, trust is a must, not a nice to have. With these landmark rules, the EU is spearheading the development of new global norms to make sure AI can be trusted.
Found on Reuters 3 years ago
It can be competition if it is shown that Apple is not treating its own apps in the same way.
Found on Reuters 3 years ago
So, it makes good sense for European governments to come together to support industry in developing more innovative and sustainable batteries.
Found on Reuters 3 years ago
At the same time, state aid enforcement needs to go hand in hand with a change in corporate philosophies and the right legislation to address loopholes and ensure transparency. We have made a lot of progress already at national, European and global levels, and we need to continue to work together to succeed.
Found on CNN 4 years ago
There are differences in how much member states can spend depending on their fiscal space, but... we preserve the single market because we really need the single market for our recovery.
Found on Reuters 4 years ago
It is very clear that we have the ambition to say you have a responsibility when you are a content provider, one way or another.
Found on CNN 4 years ago
In general we have a concern if companies merge because of data.
Found on Reuters 5 years ago
But if it's only in your feed, between you and Facebook, and their microtargeting of who you are, that's not democracy anymore, that's just privatised de facto manipulation of who you're going to vote for.
Found on Reuters 5 years ago
We may see a show of rivals in the shopping box. We may see a pickup when it comes to clicks for merchants. But we still do not see much traffic for viable competitors when it comes to shopping comparison.
Found on Reuters 5 years ago
So now Google will launch a choice screen where competitors can be chosen, and also as the default, with prices that are much more affordable than in the first version. It remains to be seen how this will work but we will follow it very very closely.
Found on Reuters 5 years ago
And if we find cases that live up to the two things that have to be fulfilled at the same time, yes, we will indeed use interim measures more often.
Found on Reuters 5 years ago
It doesn't necessarily say that now we have all cases lined up where interim measures will be used but it means that the tool is on the table, and if we find cases that live up to the two things that have to be fulfilled at the same time, yes, we will indeed use interim measures more often.
Found on Reuters 5 years ago
So we may also need broader rules to make sure that the way companies collect and use data doesn't harm the fundamental values of our society.
Found on Reuters 5 years ago
If we want to define the market, to set out what's acceptable and what isn't, then what we need is not more competition enforcement. We need regulation, so we may also need broader rules to make sure that the way companies collect and use data doesn't harm the fundamental values of our society.
Found on Reuters 5 years ago
If we don't, then we may find that we need regulation, to make sure that these platforms use their power in a way that's fair and doesn't discriminate.
Found on Reuters 5 years ago
We're looking right now at whether the same thing may have happened with other parts of Google's business – like the job search business known as Google for Jobs.
Found on Reuters 5 years ago
There's also a broader issue for our societies, of whether we think it's right for companies like Google and others to have such control over the success or failure of other companies, and be free to use that power in any way they like, if we don't, then we may find that we need regulation, to make sure that these platforms use their power in a way that's fair and doesn't discriminate.
Found on Reuters 5 years ago
In our modern society access to affordable and good quality broadband and TV services is almost as asked for as running water.
Found on Reuters 5 years ago
Qualcomm sold these products at a price below cost to key customers with the intention of eliminating a competitor.
Found on CNN 5 years ago
We see positive developments both in the shopping and Android case.
Found on Reuters 5 years ago
For us, that would be a measure of very, very last resort.
Found on CNN 5 years ago
We have some concerns. One thing is that we don't have an open case now, that doesn't preclude we don't have a case in future. We are looking at the market very closely.
Found on Reuters 5 years ago
Without sufficient remedies, this merger would have resulted in higher prices for the signaling systems that keep passengers safe and for the next generations of very high-speed trains.
Found on Reuters 5 years ago
Similarly the share of clicks of products of rivals in Google shopping boxes also increased from 2.5 percent in February to 6.1 percent now. It's still too early to draw conclusions. We will continue our active monitoring and talk to market participants.
Found on Reuters 6 years ago
We know from our monitoring there's been a steady increase in the numbers over the last few months. The most recent figures show at least one rival appears in about one-third of new shopping boxes as compared to 15 percent of the shopping boxes back in March, similarly the share of clicks of products of rivals in Google shopping boxes also increased from 2.5 percent in February to 6.1 percent now. It's still too early to draw conclusions. We will continue our active monitoring and talk to market participants.
Found on Reuters 6 years ago
In eight years time we will have another gas market.
Found on Reuters 6 years ago
In the countries we are talking about Gazprom is still a dominant player.
Found on Reuters 6 years ago
So of course, we would like to have our own algorithms to be out there, looking into the market, figuring out if there has been collusion taking place.
Found on Reuters 6 years ago
It is a hypothesis that not all algorithms will have been to law school. So maybe there is a few out there who may get the idea that they should collude with another algorithm who haven't been to law school either, so of course, we would like to have our own algorithms to be out there, looking into the market, figuring out if there has been collusion taking place.
Found on Reuters 6 years ago
So far obviously things are troublesome, but the stock market does no tell the full story of financial stability.
Found on Reuters 8 years ago
The rules say if there is risk (to) financial stability, then there are exceptions for burden sharing and bail-in, the important thing is to figure out what is financial instability. So far during very serious circumstances in Spain, in Greece, in Slovenia the exceptions were never triggered.
Found on Reuters 8 years ago
We believe that Google's behavior denies consumers a wider choice of mobile apps and services and stands in the way of innovation by other players.
Found on Reuters 8 years ago
It depends on how it's made but that is part of our investigation, which as I said, is not done yet.
Found on Reuters 8 years ago
Our concern is that by requiring phone makers and operators to pre-load a set of Google apps, rather than letting them decide for themselves which apps to load, Google might have cut off one of the main ways that new apps can reach customers, we are looking into the question of tying, but tying in itself is not necessarily a problem.
Found on Reuters 8 years ago
The first priority is the quality of the case work... And therefore it is very difficult to make predictions as to when the case will be ready for a decision.
Found on Reuters 8 years ago
If just a few companies control the data you need to satisfy customers and cut costs, then you can give them the power to just drive rivals out of the market.
Found on Reuters 8 years ago
What we were looking at were very serious concerns. To me it was necessary to have a fourth mobile operator, that was discussed with the parties. It seems as if the remedies were not sufficient. The two telecoms operators said on Friday they had dropped plans to merge their Danish units as they could not agree terms with Europe's competition regulator. Asked if she was preparing to block the deal, Vestager said :.
Found on Reuters 9 years ago
It (the merger decision) illustrates that Europe is open for business, you can invest your money here, you can do a very good deal.
Found on Reuters 9 years ago
We will look carefully at all of Gazprom's arguments before taking any decision. Gazprom can also request an oral hearing to present its position. All roads are open at this stage.
Found on Reuters 9 years ago
With this sector inquiry my aim is to determine how widespread these barriers are and what effects they have on competition and consumers. If they are anti-competitive we will not hesitate to take enforcement action under EU antitrust rules.
Found on Reuters 9 years ago
Gazprom has been able to charge higher prices in some countries without fearing that ... gas would flow in from where prices were lower.
Found on Reuters 9 years ago
Gazprom is dominant in all these markets, our preliminary view alleges that Gazprom is abusing this position.
Found on Reuters 9 years ago
Keeping national gas markets separate also allowed Gazprom to charge prices that we at this stage consider to be unfair.
Found on Reuters 9 years ago
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