Tag: european commission
Perspectives on tackling Big Tech’s market power
The need for markets-focused competition watchdogs and consumer-centric privacy regulators to think outside their respective ‘legal silos’ and find creative ways to work together to tackle the challenge of big tech market power was the impetus for a couple of fascinating panel discussions organized by the Centre for Economic Policy…
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UK’s ICO warns over ‘big data’ surveillance threat of live facial recognition in public
The UK’s chief data protection regulator has warned over reckless and inappropriate use of live facial recognition (LFR) in public places. Publishing an opinion today on the use of this biometric surveillance in public — to set out what is dubbed as the “rules of engagement” — the information commissioner,…
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Facebook’s use of ad data triggers antitrust probes in UK and EU
Facebook is facing a fresh pair of antitrust probes in Europe. The UK’s Competition and Markets Authority (CMA) and the EU’s Competition Commission both announced formal investigations into the social media giant’s operations today — with what’s likely to have been co-ordinated timing. The competition regulators will scrutinize how Facebook…
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Holidu books $45M after growing its vacation rentals business ~50% YoY during COVID-19
Vacation rental startup Holidu has tucked $45 million in Series D funding into its suitcase — bringing its total raised since being founded back in 2014 to more than $120M. The latest funding round is led by 83North with participation from existing investors Prime Ventures, EQT ventures, Coparion, Senovo, Kees…
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Europe charges Apple with antitrust breach, citing Spotify App Store complaint
The European Commission has announced that it’s issued formal antitrust charges against Apple, saying today that its preliminary view is Apple’s app store rules distort competition in the market for music streaming services by raising the costs of competing music streaming app developers. The Commission begun investigating competition concerns related to…
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Facebook’s Kustomer buy could face EU probe after merger referral
The European Union may investigate Facebook’s $1BN acquisition of customer service platform Kustomer after concerns were referred to it under EU merger rules. A spokeswoman for the Commission confirmed it received a request to refer the proposed acquisition from Austria under Article 22 of the EU’s Merger Regulation — a…
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