The European Chip Law, with which the European Union wants to double its semiconductor production to cover 20% of global manufacturing to reduce its dependence on Asiacame into force this Thursday. The EU hopes to reduce its dependence on Taiwan and South Korea, which have almost a global duopoly in chip manufacturing – they produce […]
Tag: European Comission
Europe urges to complete trade agreements with Mercosur and Mexico this year
The president of the European Comission (EC), Ursula von der Leyencalled this Wednesday to complete by the end of this year the negotiations on trade agreements between the European Union (EU) and Mercosur (Uruguay, Paraguay, Argentina and Brazil) and between the community club and Mexico. “We should aim to complete agreements with Australia, Mexico and […]
EC does not speak of Saudi incursion into Telefónica, but underlines mechanism for these cases
The European Commission (EC) avoided this Thursday ruling on the acquisition of 9.9% of the shares of Telefónica by the saudi group STCwho thus becomes the company’s largest shareholder, but recalled that there is a mechanism in the European Union to control foreign direct investment. “Let me first of all stress that the European Commission […]
European Commission asks that the “blockade” of the pact to export Ukrainian cereal be “stopped”
The president of the European ComissionUrsula von der Leyen, considered today that it is “important” That “stop” he “blocking” of the agreement that facilitated the export of Ukrainian cereal through the Black Seaafter what Russia refused to renew it. “It is important that the Black Sea Initiative blockade on grain stops and that exports through […]
EU accuses Google of favoring its own ad-tech services
The European Commission today formally accused the technology multinational Google of abusing its dominant position by favoring its advertising technology or ‘adtech’ services, which are tools and programs used by advertisers to reach broader audiences and measure the impact of their campaigns. The Community Executive announced an investigation in this regard in June 2021 and […]
European Commission strengthens alliances with Latin American allies
The president of the European Comission, Ursula von der Leyen, will begin this Monday a tour of Brazil, Argentina, Chili and Mexico to strengthen alliances before the summit that the EU and Latin American and Caribbean countries will hold in July. The head of the executive arm of the European Union (EU) has the objective […]
WHO will create a global health passport inspired by the European model
The World Health Organization (WHO) announced today that it will adopt the digital certificate system used by the European Union (EU) during COVID-19, to deal with future pandemics and similar health threats. The WHO It will be inspired by the EU’s digital COVID certificate to launch a global certification system after the signing of an […]
Brussels approves Viasat’s purchase of Inmarsat satellite operator
The European Commission (EC) on Thursday gave the green light to the acquisition of the satellite operator of the United Kingdom Inmarsat by the American viasatconcluding that it does not raise conflicts of jurisdiction in the European Economic Area (EEA), as reported by the Community Executive itself. Today’s approval comes after the Community Executive carried […]
European Commission unconditionally approves Credit Suisse bailout by UBS
The European Commission approved this Thursday without imposing any type of condition the Credit Suisse takeover by UBS understanding that the transaction does not raise competition concerns in the EU, the institution reported in a statement. The Community Executive explained that his investigation showed that the absorption “will not significantly reduce competition” in markets where […]
They ask the EU to prohibit the metaverse to States that violate the law
The group of 150 citizens, chosen at random by the European Commission to reflect on the virtual world, has proposed to the EU, among other recommendations, that it prohibit the provision of metaverse to countries that do not respect European labor law, in order to protect workers. This group of citizens belongs to one of […]