#european-commission

#european-commission

After President Vladimir Putin sent his army into Ukraine in 2022, the United States and its allies prohibited transactions with the Russian central bank and finance ministry and blocked €350bn of sovereign Russian assets, mostly European, US and British government bonds held in a European securities depository. Reuters reported that European Commission President Ursula von der Leyen wants the European Union to find a new way to finance Ukraine's defence against Russia using the cash balances associated with Russian assets frozen in Europe.

The EC found Google guilty of exercising a monopoly and fined the company 3 billion Euros ($3.5 billion). It's a deliberately eye-popping fine and the third such decision against Google at the hands of the commission. Google has 60 days to propose a plan to end its self-preferential practices to the EC. But there's an unbridgeable gap. While outwardly bold, the statement leaves plenty of room for equivocation - "at this stage" and "it appears" are clear hedges.

Europe today 'hit' another great American company, Google, with a $3.5 Billion fine, effectively taking money that would otherwise go to American Investments and Jobs. Please let this Statement serve to represent that Google has also paid, in the past, $13 Billion in false claims and charges for a total of $16.5 Billion. How crazy is that? The European Union must stop this practice against American Companies, IMMEDIATELY!

The European Commission has announced that the Entry & Exit System (EES) for biometric passport checks will commence on October 12, 2025, with mandatory implementation by April 2026.

The European Commission issued guidelines for AI models with systemic risks to assist companies in complying with the AI Act active starting August 2, 2024.

Germany has rejected the European Commission's €2 trillion budget proposal, stating an increase is unacceptable given current efforts to consolidate national budgets.

By 2030, zero-emission buses and coaches in Europe could reach 108,000, forecasted by the European Commission and analysis partners, indicating strong growth in electric vehicle adoption.

A consumer organization filed a complaint with the European Commission against Shein for employing "dark patterns" to manipulate online shopping behavior.

The European Commission is accusing Shein of misleading customers through fake discounts and a series of practices deemed illegal under EU consumer protection laws.

The European Commission has fined Apple €500 million and Meta €200 million for non-compliance with the Digital Market Act, emphasizing ongoing trade tensions with the US.

The European Commission received 4,137 warnings about harmful products in 2024 through 'Safety Gate', with harmful chemicals being the leading concern in reports.

The European Commission has approved lecanemab, the first therapy targeting the underlying processes of Alzheimer's, marking a significant advancement in the treatment landscape.