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EU hits Apple with music streaming charge in boost for Spotify

Margrethe Vestager, competition commissioner of the European Commission, speaks during a news conference in Brussels, Belgium, April 30, 2021. /CFP EU regulators on Friday accused Apple of dis

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U.S. tech giants face 6-10% fines as EU sets rules to curb power

Reuters Amazon, Apple, Facebook and Alphabet unit Google may have to change their business practices in Europe or face hefty fines of 6-10 percent under the new draft EU rules to be announced

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Amazon hit with antitrust charges by EU regulators

The charges follow a two-year investigation into Amazon's use of business data to compete with merchants using its platform.

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Apple and Ireland win appeal against the European Commission’s $15 billion tax ruling

The General Court of the European Court of Justice has annulled an EU decision that involved Apple’s subsidiaries in Ireland. Four years ago, the European Commission s

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European ministers discuss joint roadmap for recovery

A common European economic recovery plan was in the focus of Friday's video conference of European ministers responsible for internal market and industry. The ministers discussed the Joint Roadmap fo

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EU approves COVID-19 aid package for Poland, Portugal and Greece

The EU aid package for Poland, Portugal and Greece seeks to address economic woes due to the COVID-19 outbreak. /Czarek Sokolowski/AP The European Commission approved a series of multi-billion

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EU to unveil plans to boost European firms, rein in U.S. tech giants

VCG The European Commission will on Wednesday launch the first of a raft of proposals to help European companies exploit their rich trove of industrial data and at the same time rein in online