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The Star
01-08-2025
- Business
- The Star
Exclusive-EU antitrust regulators set to clear Prosus, Just Eat Takeaway deal, sources say
BRUSSELS (Reuters) -EU antitrust regulators are set to clear with conditions Dutch technology investor Prosus' 4.1-billion-euro ($4.74 billion) acquisition of Just Eat Takeaway, sources with direct knowledge of the matter said. Amsterdam-headquartered Prosus has proposed incrementally selling down its 27.4% stake in Delivery Hero and giving up its board seat to address EU competition concerns, other people familiar with the matter told Reuters earlier this month. ($1 = 0.8658 euros) (Reporting by Foo Yun Chee, Editing by Louise Heavens)
Yahoo
01-08-2025
- Business
- Yahoo
Microsoft in Brazilian antitrust regulator's crosshairs after Opera complaint
Microsoft in Brazilian antitrust regulator's crosshairs after Opera complaint By Foo Yun Chee BRUSSELS (Reuters) -Brazil's antitrust enforcer CADE has opened an investigation into Microsoft, days after Norwegian browser Opera complained about Microsoft's Edge, according to a CADE statement published late Thursday on its website. Opera, in its complaint filed on Tuesday, alleged that Microsoft pre-installs Edge as the default browser across Windows devices and computers, thereby preventing rivals from competing on the merits of the products. Opera had 6.78% of the Brazilian desktop browser market in June versus Edge's 11.52% and market leader Google Chrome's 75%. CADE said it had opened an administrative inquiry and set an August 15 deadline for Microsoft to respond to Opera's allegations about its Windows operating system licences, the Microsoft 365 software and its Jumpstart programme. The Jumpstart programme allows Microsoft clients to build autonomous artificial intelligence agents for routine tasks, a move which could help the company monetise its billion-dollar investments in AI. Other Big Tech companies have similar tools. Microsoft did not immediately respond to emailed requests for comment. Opera has been complaining about its competitor since December 2007 when it took its grievance about the latter's internet Explorer browser bundled with its Windows operating system to the European Commission, resulting in a 561-million-euro ($640 million) fine for the U.S. tech giant. ($1 = 0.8764 euros) Solve the daily Crossword
The Star
01-08-2025
- Business
- The Star
Microsoft in Brazilian antitrust regulator's crosshairs after Opera complaint
FILE PHOTO: A view shows the Microsoft logo on the day of the Hannover Messe, one of the world's largest industrial trade fairs, in Hanover, Germany, March 31, 2025. REUTERS/Fabian Bimmer/File Photo BRUSSELS (Reuters) -Brazil's antitrust enforcer CADE has opened an investigation into Microsoft, days after Norwegian browser Opera complained about Microsoft's Edge, according to a CADE statement published late Thursday on its website. Opera, in its complaint filed on Tuesday, alleged that Microsoft pre-installs Edge as the default browser across Windows devices and computers, thereby preventing rivals from competing on the merits of the products. Opera had 6.78% of the Brazilian desktop browser market in June versus Edge's 11.52% and market leader Google Chrome's 75%. CADE said it had opened an administrative inquiry and set an August 15 deadline for Microsoft to respond to Opera's allegations about its Windows operating system licences, the Microsoft 365 software and its Jumpstart programme. The Jumpstart programme allows Microsoft clients to build autonomous artificial intelligence agents for routine tasks, a move which could help the company monetise its billion-dollar investments in AI. Other Big Tech companies have similar tools. Microsoft did not immediately respond to emailed requests for comment. Opera has been complaining about its competitor since December 2007 when it took its grievance about the latter's internet Explorer browser bundled with its Windows operating system to the European Commission, resulting in a 561-million-euro ($640 million) fine for the U.S. tech giant. ($1 = 0.8764 euros) (Reporting by Foo Yun Chee;Editing by Elaine Hardcastle)
Time of India
31-07-2025
- Business
- Time of India
Network fee on Big Tech not a viable solution to boost EU digital rollout, EU says
By Foo Yun Chee BRUSSELS: The Eu ropean Commission does not think that imposing a network fee on Big Tech companies is a viable solution to the debate over who should fund the rollout of 5G and broadband, a spokesman for the EU executive said on Thursday. The issue pits Deutsche Telekom , Orange, Telefonica and Telecom Italia against Alphabet's Google , Meta's Facebook, Netflix, Microsoft and Amazon . Europe's major telecoms operators have for years urged EU regulators to get Big Tech to bear some of the rollout costs because they make up a huge part of internet traffic, calling it fair share funding. Big Tech has pushed back, characterising it as an internet tax while pointing to their own efforts to increase the efficiency of their services. The debate has gained in intensity following a White House fact sheet released on July 28 following a trade deal with the European Union which said that the bloc confirmed that it would not adopt or maintain network usage fees. While reaffirming that the EU has the sovereign rights to legislate on its digital infrastructure, Commission spokesman Thomas Regnier said a White Paper or guidance paper issued last year had already decided on the issue of network fees. "We have published a White Paper last year in February. Based on the findings of this White Paper, we have assessed and we believe that imposing a network fee is not a viable solution," Regnier told a daily press conference when asked about the White House fact sheet. "What is important to clarify now is that such an exemption would not apply to U.S. companies only," he said. The Commission is expected to issue a legislative proposal called the Digital Networks Act in November which will take a more comprehensive approach to boost digital infrastructure across Europe.
Yahoo
31-07-2025
- Business
- Yahoo
Network fee on Big Tech not a viable solution to boost EU digital rollout, EU says
By Foo Yun Chee BRUSSELS (Reuters) -The European Commission does not think that imposing a network fee on Big Tech companies is a viable solution to the debate over who should fund the rollout of 5G and broadband, a spokesman for the EU executive said on Thursday. The issue pits Deutsche Telekom, Orange, Telefonica and Telecom Italia against Alphabet's Google, Meta's Facebook, Netflix, Microsoft and Amazon. Europe's major telecoms operators have for years urged EU regulators to get Big Tech to bear some of the rollout costs because they make up a huge part of internet traffic, calling it fair share funding. Big Tech has pushed back, characterising it as an internet tax while pointing to their own efforts to increase the efficiency of their services. The debate has gained in intensity following a White House fact sheet released on July 28 following a trade deal with the European Union which said that the bloc confirmed that it would not adopt or maintain network usage fees. While reaffirming that the EU has the sovereign rights to legislate on its digital infrastructure, Commission spokesman Thomas Regnier said a White Paper or guidance paper issued last year had already decided on the issue of network fees. "We have published a White Paper last year in February. Based on the findings of this White Paper, we have assessed and we believe that imposing a network fee is not a viable solution," Regnier told a daily press conference when asked about the White House fact sheet. "What is important to clarify now is that such an exemption would not apply to U.S. companies only," he said. The Commission is expected to issue a legislative proposal called the Digital Networks Act in November which will take a more comprehensive approach to boost digital infrastructure across Europe.
