EU's Irish presidency wants 8% cut to proposed 2028-2034 budget plan

The Irish EU presidency proposed on Saturday an 8% ‌cut in the European Commission's budget plan for the period 2028 to 2034 to €1.6 trillion ($1.79 trillion), drawing criticism from more frugal membe...

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EU tech chief says bloc 'well equipped' to fend off rogue AI risk

European Union rules setting guardrails on AI use adopted by the bloc two years ago are more than capable of tackling rogue agents, EU tech chief Henna Virkkunen ​told Reuters on Friday.

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EU antitrust regulators to decide on UniCredit's Commerzbank deal by November 16

Italian bank UniCredit has ​sought EU antitrust approval for ‌its takeover of German peer Commerzbank , with regulators setting a November ​16 deadline for their ​decision, according to a European ⁠Co...

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MMG accuses EU antitrust regulators of ignoring evidence backing Anglo American deal

Hong Kong-listed mining and metals company MMG accused EU antitrust regulators on Thursday of ignoring evidence that its ​bid for Anglo American's Brazilian nickel business would not divert ‌supplies ...

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Conditional EU antitrust approval expected for AkzoNobel, Axalta deal, sources say

Dulux paint ​maker AkzoNobel and US peer Axalta Coating Systems ‌are set to win EU antitrust approval for their $25 billion merger with a pledge to sell Axalta's vehicle ​refinish business to address ...

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Kingspan hit with €40 million EU fine for misleading data on Slovenian deal

Irish building materials maker Kingspan was fined €40 million ($44.74 million) for providing incorrect ​and misleading information during an investigation into its ‌abandoned acquisition of a Slovenia...

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Anglo American threatens to close Brazilian nickel operation if EU blocks sale to MMG

British mining company Anglo American will likely shut down its Brazilian nickel operation if EU antitrust regulators block its sale to Hong Kong-listed mining and ​metals company MMG , its chief oper...

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JD.com set to win EU approval for Ceconomy deal, source says

Chinese e-commerce giant JD.com is set to secure European Union ​approval for its $2.5 billion bid for German ‌electronics retailer Ceconomy after it tweaked its remedies to address regulators' concer...

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Kone plans TK Elevator Europe sale to address antitrust concerns, sources say

Kone is planning to launch the sale of most of TK Elevator's European business in a bid to tackle antitrust concerns over the Finnish firm's planned €29.4 billion ($33.3 billion) purchase ​of its Germ...

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Google asks EU court to suspend order to open up to AI chatbots, search engine rivals

Alphabet's Google has asked an EU court to suspend EU regulators' order to ​open up its trove of search data to ‌OpenAI and rival search engines as it steps up its fight against landmark rules aimed a...

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European telcos may get more time to phase out high-risk suppliers under EU proposal

Europe's mobile telecoms operators could get more time to phase out equipment from suppliers deemed high ​risk, according to a proposal by EU governments seen by ‌Reuters, after the sector complained ...

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Google challenges EU orders to open up to AI, search-engine rivals

Alphabet's Google has challenged two EU orders to help AI rivals such as OpenAI access its services and ​search engine competitors to access its search data, saying these ‌would undermine privacy safe...

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EU antitrust regulators set to block UPM-Sappi merger, sources say

Finland's UPM-Kymmene and South Africa-listed Sappi SAP.J are set to face an EU antitrust ​veto against their proposed €1.42 billion ($1.66 billion) paper ‌joint venture after the companies declined t...

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EU Commission proposes under-13s social media ban

European Commission President Ursula von der Leyen set out a ‌sweeping plan to keep children safe from online dangers on Thursday, proposing to ban under-13s from social media and require online servi...

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What is in the EU's planned KIDS Act?

The European Commission has proposed banning under-13s from social media and requiring platforms to design online services that are safe for all children's accounts.

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MMG hit with EU antitrust warning over nickel deal with Anglo American

MMG was hit with an EU antitrust warning on Wednesday over its plan ​to buy Anglo American's Brazilian nickel business, as regulators said the ‌Hong Kong-listed mining and metals company may divert th...

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EU's von der Leyen backs AI slowdown, to invite frontier labs for talks

European Commission President Ursula von der Leyen on Wednesday backed calls by ​leading U.S. AI labs for a pause in the development of the technology, saying ‌she will invite the main frontier AI lab...

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EU is set to propose ban on social media and AI chatbots for under-15s

The European Union will propose ​a ban restricting under 15s from social media, video sharing platforms, AI chatbots and online games, ‌in the most sweeping plan yet to protect children from online da...

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EXCLUSIVE: Kimberly-Clark readies asset sales in bid for EU nod for Kenvue deal, sources say

Kimberly-Clark is readying concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for ​the $40 billion deal after a preliminary review, peo...

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JD.com's Ceconomy concessions face criticism from rivals, sources say

JD.com's concessions to ease EU subsidy concerns about the Chinese e-commerce ​giant's $2.5 billion purchase of German electronics retailer ‌Ceconomy have prompted criticism from competitors, people f...

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Booking loses court fight against EU veto of ETraveli deal

Booking Holdings on Wednesday lost its fight against an EU antitrust ​veto of its €1.63 billion ($1.90 billion) ETraveli acquisition three years ago, ‌as Europe's second-highest court sided with regul...

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EXCLUSIVE: MMG faces EU antitrust warning over Anglo American deal, sources say

EU regulators are preparing to warn Hong Kong-listed mining and metals company MMG over its plan to ​buy Anglo American's Brazilian nickel business because of competition concerns, three ‌people famil...

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EXCLUSIVE: Google warns of lower quality as it revamps Europe search results to avoid EU fines

Alphabet's Google on Tuesday rolled out changes to its online search results in Europe to satisfy EU antitrust regulators, a move which it said will degrade users' experience and ​ratchet up costs for...

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Proposed EU rules would curb Airbnb, short-term rental homes, draft shows

Airbnb and other short-term home rental companies face new restrictions as the ‌European Union seeks to tackle a shortage of affordable housing in tourism hotspots, according to a European Commission ...

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Revamped EU antitrust rules make exceptions for sustainable companies

Companies at risk of penalties for being anti-competitive may be able to justify their dominance ​if their business practices are sustainable, EU regulators said ‌on Thursday in revised guidelines.

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Opera loses court challenge against EU exemption of Microsoft's Edge from DMA rules

Norwegian browser maker Opera on Wednesday lost its ​court challenge against EU antitrust regulators' decision to ‌exempt Microsoft's browser Edge from rules reining in the power of Big Tech.

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EU court rejects Opera challenge against EU exemption of Microsoft's Edge from DMA rules

Europe's second-highest court on Wednesday rejected Norwegian ​browser maker Opera's challenge ‌against EU antitrust regulators' decision to exempt Microsoft's browser ​Edge from rules reining ​in the...

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Oracle licensing practices on EU antitrust regulator's radar, source says

The licensing practices of U.S. cloud computing company Oracle ​are on the radar of EU antitrust ‌regulators, a person familiar with the matter said, in a case similar to one involving German rival ​S...

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EU antitrust regulators quiz publishers on Google's AI search opt-out

EU antitrust regulators are seeking feedback from publishers on Google's proposal to let them ​opt out of AI search without affecting their rankings ‌in search results, a questionnaire seen by Reuters...

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Broadcom loses court bid to suspend EU antitrust request for US legal papers

Broadcom on Monday lost its bid to suspend a European Union ​antitrust request for U.S. legal documents protected ‌by U.S. legal professional privilege in a case related to VMware, which it acquired i...

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