EuropeanCommission

Meta Challenges €798 Million EU Penalty Regarding Facebook Marketplace Dominance

2 months ago

In a significant legal confrontation, Meta Platforms Inc. has officially lodged an appeal against a hefty €798 million ($845 million) fine imposed by the European Commission. This fine specifically addresses concerns regarding the company's dominance and anti-competitive practices within the Facebook Marketplace platform. The appeal was filed in the EU’s General Court and reflects Meta's ongoing battle with European regulators over its market influence and competitive behavior.

Intel Triumphs in Landmark Antitrust Case Against EU, Securing €1.06 Billion Ruling

6 months ago

In a significant legal victory, Intel Corporation has emerged successful from a fierce antitrust battle in the European Union, reversing a record €1.06 billion fine imposed by the European Commission. The ruling was delivered by the General Court of the EU, which determined that the EU had overstepped its regulatory boundaries, thereby dismissing the hefty fine initially levied in 2009.

Volvo Leads 50 Firms Urging EU to Stick to Combustion Engine Ban

6 months ago

Led by Volvo, 50 leading firms have taken a bold and united approach to urge the European Union to maintain its previous commitment of banning combustion engines by 2035. Sticking to this ban is the top priority for this coalition to expedite the change toward sustainable transportation and to reduce the impact of climate change.