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London CNN —The European Union has launched an investigation into China’s state support for its wind turbine companies, intensifying a push to protect Europe’s industry from a flood of cheap Chinese imports. Margrethe Vestager, the EU’s competition chief, said Tuesday that the probe would look into the development of wind farms in Spain, Greece, France, Romania and Bulgaria. The country’s global trade surplus in goods has soared in recent years and is now approaching $1 trillion. Vestager’s announcement as part of a speech in Princeton, New Jersey, comes just days after the European Commission, the EU’s executive arm, opened a separate subsidies probe into Chinese companies bidding for a solar farm contract in Romania. In October, the European Commission launched an investigation into China’s subsidies for electric vehicle makers, which it suspects may be enabling these firms to keep prices super-low, creating unfair competition with European rivals.
Persons: Margrethe Vestager, ” Vestager, Vestager Organizations: London CNN, European Union, European Commission Locations: Spain, Greece, France, Romania, Bulgaria, China, Princeton , New Jersey, Europe, Beijing, United States
(Photo by Dursun Aydemir/Anadolu Agency via Getty Images)The first two probes focus on Alphabet and Apple and relate to so-called "anti-steering rules." The European Union on Monday opened an investigation into Apple , Alphabet and Meta , in its first probe under the sweeping new Digital Markets Act tech legislation. "The way that Apple and Alphabet's implemented the DMA rules on anti-steering seems to be at odds with the letter of the law. Apple and Alphabet will still charge various recurring fees, and still limit steering," EU competition chief Margrethe Vestager said during a press conference on Monday. "We're confident our plan complies with the DMA, and we'll continue to constructively engage with the European Commission as they conduct their investigations.
Persons: Margrethe Vestager, Dursun Aydemir, Apple, Oliver Bethell Organizations: European Commission, Anadolu Agency, Getty, Digital Markets, Google, European Union, Apple, Markets, CNBC Locations: Europe, Brussels, Belgium
COPENHAGEN, Denmark (AP) — Europe’s oldest monarch, King Harald V of Norway, is getting a permanent pacemaker on Tuesday, the palace said, adding that the monarch will followingly remain in hospital for a few days. In a brief statement, the royal household said the 87-year-old would get it at Oslo's university hospital, Rikshospitalet. Last month, Harald fell ill during a private holiday with his wife Queen Sonja on the Malaysian resort island of Langkawi. Harald returned to Norway aboard a medical airplane and was immediately transferred to an Oslo hospital. He ascended to the throne following the death of his father, King Olav, in 1991.
Persons: King Harald V of, followingly, Harald, Queen Sonja, Queen Margrethe II of Denmark, King Olav, Prince Haakan Organizations: Locations: COPENHAGEN, Denmark, King Harald V of Norway, Malaysian, Langkawi, Norway, Oslo
IPhone users in the European Union will be able to download apps from websites, instead of through the App Store or a competing app store app, Apple said, in the the latest change forced by the European Commission's Digital Markets Act. Tuesday's announcement is the latest example of the Digital Markets Act forcing Apple to make long-resisted changes to its App Store business processes. Under the DMA, Apple has been forced to allow third-party app stores in Europe, has reinstated antitrust adversary Epic Games' developer account amid a legal dispute, and has backtracked on banning web app shortcuts on the main iPhone screen. Apple still plans to charge a fee of fifty Euro cents for app downloads outside of its App Store, including web app downloads. The company has said Europe represents about 7% of Apple's App Store revenue.
Persons: Tim Cook, Apple, Margrethe Vestager, Vestager Organizations: Apple Inc, Apple Worldwide Developers, European Union, Commission's, Apple, Digital, Epic Games, Commission, European Commission, Spotify, EU, CNBC Locations: San Jose , California, U.S, European, Europe, iPhones
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEU's Vestager on Apple fine: Quite obvious there was consumer harm doneEuropean Commission Executive Vice President Margrethe Vestager joins 'Squawk on the Street' to discuss the European Union's latest $1.95 billion fine against Apple, evidence of consumer harm against Apple, and more.
Persons: Margrethe Vestager Organizations: Apple
And Apple will give iPhone and iPad users access to rival app stores and payment systems for the first time. The tech giants have been preparing ahead of a Wednesday deadline to comply with a new European Union law intended to increase competition in the digital economy. Those changes are some of the most visible shifts that Microsoft, Apple, Google, Meta and others are making in response to a wave of new regulations and laws around the world. In the United States, some of the tech behemoths have said they will abandon practices that are the subject of federal antitrust investigations. “This is a turning point,” said Margrethe Vestager, the European Commission executive vice president in Brussels, who spent much of the past decade battling with tech giants.
Persons: , Margrethe Vestager Organizations: Google, Microsoft, European Union, Markets, Apple, Justice Department, European Commission, Locations: United States, Brussels
Apple hit with landmark $2 billion EU antitrust fine
  + stars: | 2024-03-04 | by ( Anna Cooban | ) edition.cnn.com   time to read: +2 min
London CNN —The European Union has fined Apple €1.84 billion ($2 billion) for breaking its competition laws. The bloc announced Monday that it would impose the fine — its first-ever antitrust penalty on the US tech giant — for preventing rival music streaming services such as Spotify from telling iPhone users that they could find cheaper ways to subscribe outside of Apple’s app store. The European Commission opened a formal antitrust investigation into Apple in 2020 after Spotify (SPOT) lodged a complaint against Apple the previous year, accusing it of unfairly disadvantaging its competitors. It said Apple required the Swedish music streamer and other content providers to pay a 30% fee on purchases made through Apple’s in-app payment system, while its own service, Apple Music, didn’t have to pay the fee. Spotify also said Apple prevented it from sharing information about subscription deals with customers who use iPhones.
Persons: Margrethe Vestager, ” Vestager Organizations: London CNN, European Union, Apple, Spotify, European Commission, Apple Music, Digital Markets, Big Tech Locations: Apple’s
Apple on Monday was fined 1.8 billion euros ($1.95 billion) by European Union regulators for thwarting competition among music streaming rivals, a severe punishment levied against the tech giant in a long-simmering battle over the powerful role it plays as gatekeeper of the App Store. antitrust regulator, is the culmination of a five-year investigation set in motion by one of its biggest rivals, Spotify. Regulators said Apple illegally used its App Store dominance to box out rivals. “For a decade, Apple abused its dominant position in the market for the distribution of music streaming apps through the App Store,” said Margrethe Vestager, the European Commission executive vice president who oversees competition policy. “From now on,” she said in a news conference, “Apple will have to allow music streaming developers to communicate freely with their own users.” The size of the fine, she added, “reflects both Apple’s financial power and the harm that Apple’s conduct inflicted on millions of European users.”
Persons: , Margrethe Vestager, Organizations: Apple, Monday, European Union, Spotify, European Commission
In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNTwatch nowThe European Commission, the European Union's executive arm, on Monday hit Apple with a 1.8 billion euro ($1.95 billion) antitrust fine for abusing its dominant position on the market for the distribution of music streaming apps. Apple also banned developers of music streaming apps from providing any instructions about how users could subscribe to these cheaper offers, the Commission alleged. Apple responseIn a fiery response to the fine, Apple said Spotify would stand to gain the most from the EU pronouncement. That's because instead of selling subscriptions in their iOS app, Spotify sell them via their own website stead. Apple fine just a 'parking ticket'The Commission said that Apple prevented developers of music streaming apps from informing their iOS users within their apps about prices of subscriptions or offers available elsewhere.
Persons: Apple, , Margrethe Vestager, Vestager Organizations: European Commission, Apple, Commission, EU, U.S, Spotify, Apple Music Locations: Brussels, Stockholm, Sweden, Cupertino
LONDON (AP) — The European Union is expanding its strict digital rulebook on Saturday to almost all online platforms in the bloc, in the next phase of its crackdown on toxic social media content and dodgy ecommerce products that began last year by targeting the most popular services. The EU's trailblazing Digital Services Act has already kicked in for nearly two dozen of the biggest online platforms, including Facebook, Instagram, YouTube, Amazon and Wikipedia. Now the rules will apply to nearly all online platforms, marketplaces and “intermediaries” with users in the 27-nation bloc. It includes popular ones such as eBay and OnlyFans that escaped being classed as the biggest online platforms requiring extra scrutiny. Platfoms must explain content moderation decisions, and will have to tell users why their post was taken down or account suspended.
Persons: Margrethe Vestager, Elon Organizations: Facebook, YouTube, DSA, eBay, Member, EU Locations: Member States
King Charles' cancer diagnosis marks a dangerous new era for the British monarchy, which is running out of key players. Charles' monarchy is too small and too oldThe palace said the king will continue undertaking state business and official paperwork while receiving treatment. The royal family appears on the balcony of Buckingham Palace after King Charles III's coronation. King Charles III and Princess Anne during the funeral of Queen Elizabeth II at Westminster Abbey on September 19, 2022. AdvertisementPrince George, 10, is second in line to the throne — but he won't be eligible to undertake royal duties until he's at least 18.
Persons: King Charles, Buckingham, Charles, Prince William, Princess Anne, King Charles III's, Max Mumby, Phil Dampier, Prince Andrew, Duke, Duchess of, Kate, King Charles III, Queen Elizabeth II, Karwai Tang, WireImage Dampier, Prince George, he's, George, Prince of Wales, Yui Mok, Queen Camilla, Anne, Prince Edward, Sophie, Richard Fitzwilliams, Victoria Howard, Marlene Koenig, Queen Margrethe, Howard, Charles III, Fitzwilliams, Koenig, William, Lord Chancellor, Charles abdicates, King, Prince Andrew's, Princess Beatrice, Princess Eugenie, Chris Jackson, Kristen Meinzer, BI's Samantha Grindell, Beatrice, Eugenie, I've, Dampier Organizations: Buckingham, Business, CBC News, Westminster Abbey, Unit, Getty Locations: British, Buckingham, Duchess of Sussex, Netherlands, Spain
LONDON (AP) — King Charles III’s cancer diagnosis heaps more pressure on the British monarchy, which is still evolving after the 70-year reign of the late Queen Elizabeth II. Buckingham Palace announced Monday that Charles had been diagnosed with an undisclosed form of cancer. Photos You Should See View All 45 ImagesAGING MONARCHCharles waited almost 74 years — longer than any previous heir — to become king. Charles told Harry the news about his cancer, and his son traveled to the U.K. soon after it was announced. The king responded to these calls by opening the royal archives to scholars researching the monarchy's links to the slave trade.
Persons: — King Charles III’s, Queen Elizabeth II, Charles ’, Buckingham, Charles, , Charles’s, Denmark’s Queen Margrethe, Frederik, Margrethe, wouldn’t, , , Joe Little, Charles III, Kate, Princess, Wales, isn't, they’ve, Sally Bedell Smith, “ Prince Charles, HARRY, MEGHAN Charles, Harry, Duchess, Sussex, Meghan Markle's, Harry's, haven’t, Smith, Prince Harry, ” Charles Organizations: Britain isn’t, Majesty Magazine, Netflix, Kenyans Locations: Windsor, Danish, Britain, Britain isn’t Denmark, Buckingham, California, United Kingdom, Caribbean, Kenya
CNN —A painting by Denmark’s former monarch, Queen Margrethe II, is going up for auction. “You now have the opportunity to acquire a very special – and not least royal – work of art,” said the auction house, which has set an estimate of 75,000–100,000 Danish kroner ($11,000-$15,000). The painting dates from 1988, the year that Margrethe started to exhibit her art officially. Queen Margrethe at an exhibition of her work in January 2012 Keld Navntoft/Scanpix Denmark/AFP/Getty Images“The queen found her inspiration for the painting up for auction in the natural world, expressing it in a lyrical idiom. “We are very much looking forward to offering this work by H.M. Queen Margrethe II, which testifies to her immense passion for and prolificacy within art and creative work,” he added.
Persons: Denmark’s, Queen Margrethe II, Bruun Rasmussen, , , Margrethe, Hans Sølvhøj, Queen Margrethe, Keld, ” Niels Boe, H.M, Boe, Hauggaard, “ Queen Margrethe, Frederik, King Frederik X Organizations: CNN, Getty, Contemporary, CNN’s Royal Locations: Scanpix Denmark, AFP, Denmark, Copenhagen
Can a Forgotten Hot Spot Reclaim Its Cool?
  + stars: | 2024-01-24 | by ( Chantel Tattoli | ) www.nytimes.com   time to read: +1 min
Anya Firestone’s job as a luxury tour guide in Paris has brought her to many rarefied corners of the city. But only recently did she do something that countless locals and visitors have done over the last 130 years: Book a reservation at Maxim’s, the storied French restaurant that opened in 1893 and has counted Jacqueline Kennedy Onassis, Margrethe II of Denmark, Jean Cocteau, Jane Birkin and Man Ray among its patrons. “The place was packed,” Ms. Firestone, 35, said of the night she ate there in late November. She was not alone in that perception. “Many people, even most, did not realize it was open as a restaurant,” said Pierre Pelegry, a director at Maxim’s who has worked there for 27 years and was hired by Pierre Cardin, the French fashion designer, after he bought the restaurant in 1981.
Persons: Anya Firestone’s, Jacqueline Kennedy Onassis, Margrethe II of Denmark, Jean Cocteau, Jane Birkin, Man Ray, Ms, Firestone, hadn’t, , Pierre Pelegry, Pierre Cardin Locations: Paris, Maxim’s
The church service came exactly a week after Frederik, 55, was proclaimed king after his 83-year-old mother Margrethe signed her abdication during a meeting with the government. “I chose some of the hymns we’re going to sing, and the king said, I would like to sing these hymns.”The hour-long service marked Frederik’s first official visit as king outside the Danish capital Copenhagen. “I think he’s going to be a king of the people,” said Aarhus resident Charlotte Houman. “I think he’s gonna embrace the people ... he’s going to be different in is his way of ruling. I think he’s going to be not too much top down, but he’s gonna be embracing the people, different kinds of people.
Persons: , King Frederik X, Queen Mary, Queen Margrethe, Denmark’s, Frederik, Margrethe, Christina Elmstroem, , Henrik Wigh, Poulsen, , Charlotte Houman Organizations: Aarhus Cathedral, Aarhus, Associated Press, Police, Charlotte Locations: AARHUS, Denmark, Aarhus, Danish, Copenhagen
Queen Margrethe of Denmark abdicated on Sunday, passing the throne to her son King Frederik X. The queen worked as an artist and costume designer during her reign. AdvertisementDenmark's Queen Margrethe abdicated on Sunday after 52 years on the throne. The former monarch, 83, announced her intention to pass the throne to her eldest son, King Frederik X, during her annual New Year's Eve speech. Margrethe was crowned in 1972 at the age of 31 following the death of her father, King Frederik IX.
Persons: Queen Margrethe of Denmark, King Frederik X, , Margrethe, King Frederik IX, Caroline Leaper Organizations: Service Locations: Danish
CNN —For many in Denmark, Queen Margrethe II is the only monarch they’ve ever known. But on Sunday, a new era will get underway when she hands over to her son, Crown Prince Frederik. This means that she will be able to perform duties as head of state when both King Frederik or Crown Prince Christian are not able, such as if they were overseas. King Frederik X will rule alongside his Australian-born and hugely popular wife, Queen Mary – which will undoubtedly delight her proud admirers back home. “The story of Crown Prince Frederik and Crown Princess Mary of Denmark is one Australians have followed closely and hold dear to their hearts,” he said in a statement on Saturday.
Persons: Queen Margrethe II, they’ve, Crown Prince Frederik, King Charles III’s, of, Martin Sylvest Andersen, Frederik, Mary, Christian, Frederik VIII’s Palace, Margrethe, Kongens, Jørgen’s, King Frederik X, Queen Mary, King Frederik, Prince Christian, Frederik’s, Prince Joachim, Princess Benedikte, Mette Frederiksen, Frederik VIII, X, Christiansborg, Sixtus, Mads Claus Rasmussen, Ritzau Scanpix, Trine Villemann, Jens Otto Krag, Margrethe II, , Birgitte Borup, Berlingske, , Danes, King Eric III, Borup, Queen Mary –, Mary Elizabeth Donaldson, Justin Tynan, King, Queen of, Anthony Albanese, Prince Frederik, Crown Princess Mary of, MADS CLAUS RASMUSSEN, Isabella, Vincent, Josephine, Mary’s, she’s Organizations: CNN, Guard, Squadron, State, Danish Royal House, Danish, Getty, , Danes, British Locations: Denmark, Danish, Europe, Christiansborg, Copenhagen, of Denmark, Greenland, Faroe, Amalienborg, Frederiksgade, d’Angleterre, Holmens, Holmen, AFP, Sydney, Hobart , Tasmania, Darling Harbour, Queen of Denmark, Crown Princess Mary of Denmark, Tasmania, Australia
Denmark's Queen Margrethe II officially abdicated on Sunday after 52 years on the throne. His new title is King Frederik X.Margrethe — who ruled for 52 years — announced she was stepping down on New Year's Eve. Queen Margrethe II and her son Frederik X at the signing of the instrument of abdication at the Christiansborg Palace. After signing the declaration of abdication Queen Margrethe II of Denmark (C-R) leaves the seat at the head of the table to her son King Frederik X of Denmark. Advertisement"My Mother, Her Majesty Queen Margrethe II has ruled Denmark for 52 years," he said.
Persons: Margrethe II, Crown Prince Frederik, King Frederik X, Margrethe —, , Margrethe II of, Margrethe, Europe's, Queen Elizabeth II, Queen Margrethe II, Frederik X, Mads Claus Rasmussen, Ritzau Scanpix, Frederik, Prince Frederik, Federick, Mette Frederiksen, Queen Margrethe II of Denmark, King Frederik X of Denmark, King Frederik X's, Christian, Crown Prince Christian, Queen Margrethe, Martin Sylvest Andersen, Princess Mary, Queen Mary, Princess Isabella, Prince Vincent, Princess Josephine, Samir Hussein, King Frederik IX, Nikolai Linares, King Erik Organizations: Service, AFP, Sunday, Associated Press, Crown Prince, AP Locations: Margrethe II of Denmark, Christiansborg, Copenhagen, Danish, Christiansborg Palace, Denmark, Kingdom of Denmark
Denmark's King Frederik X ascended the throne on Sunday, succeeding his mother, Queen Margrethe II, who formally abdicated after 52 years as monarch, with big crowds gathered in the capital to witness history. The new king was later proclaimed by Prime Minister Mette Frederiksen on the balcony of the parliament, Christiansborg castle, with the words "Long live King Frederik the 10th." It is a task I take on with pride, respect and joy," Frederik said in his first speech as king from the balcony overlooking large crowds of cheerful people. The new king and queen later rode by horse carriage through packed crowds in the streets of Copenhagen back to their residence, Amalienborg, a royal complex built in the 1750s and located in central Copenhagen. The new king and queen take the throne at a time of huge public support and enthusiasm for the monarchy.
Persons: Denmark's King Frederik X, Queen Margrethe II, Margrethe, Mette Frederiksen, King Frederik the, Frederik, Mary, Princess Isabelle, Princess Josephine, Prince Vincent, Kasper Wiigh Larsen, Danes Organizations: of State Locations: Danish, Denmark, Christiansborg, Copenhagen, Amalienborg
Around 2 p.m. (1300 GMT), Queen Margrethe II will sign her abdication and about an hour later her eldest son will be proclaimed King Frederik X on the balcony of Christiansborg Palace in the heart of the Danish capital. Margrethe, 83, will become the first Danish monarch to voluntarily relinquish the throne in nearly 900 years. Margrethe had informed Frederik and his younger brother Joachim just three days earlier, the Berlingske newspaper wrote, citing the royal palace. Margrethe is abdicating 52 years on the day after she ascended the throne following the death of her father, King Frederik IX. In the late afternoon, Copenhagen’s Tivoli Gardens amusement park plans to celebrate the new king and queen with the biggest fireworks show in the park’s 180-year history.
Persons: Queen Margrethe, King Frederik X, Frederik, Denmark's, Margrethe, didn’t, Mette Frederiksen, Joachim, Thomas Larsen, King Erik III Lam, King Frederik IX, Gorm the, Danes, Queen Mary, Mary’s, Christian, Mary Organizations: Danish, Court, Royal Stables Locations: COPENHAGEN, Denmark, Copenhagen, Christiansborg, Margrethe, Danish, Europe, Australian, Amalienborg
On Saturday, HM King Frederik X began his reign as Denmark's monarch and head of state. AdvertisementOn Saturday, Denmark proclaimed Crown Prince Frederik, their new king. His mother, Queen Margrethe II, had announced in a surprise New Year's message that after reigning for 52 years as monarch, she would abdicate the throne. I will hand over the throne to my son, Crown Prince Frederik," Margrethe said. The 55-year-old Crown Prince becomes His Majesty King Frederik X and Head of State of Denmark.
Persons: HM King Frederik X, Margrethe II, , Crown Prince Frederik, Queen Margrethe II, Queen of, Margrethe, King Charles, Frederik, Mette Frederiksen, Prince, King Frederik X Organizations: HM, Service, Crown, Denmark's, State Locations: Denmark, Queen of Denmark, Europe, Danish, Christiansborg, Copenhagen, State of Denmark
Denmark Awaits New King, as Queen Margrethe to Bow Out
  + stars: | 2024-01-13 | by ( Jan. | At P.M. | ) www.usnews.com   time to read: +3 min
People from all over Denmark are expected to crowd Copenhagen in a sign of the huge popularity the monarchy is enjoying. "It could be that she thinks Prince Frederik is prepared to take over now," said Lars Hovbakke Sorensen, a historian and associate professor at University College Absalon in Denmark. "He's 55, and maybe the queen wanted to avoid a situation where you would have a very, very old king, as you saw with Prince Charles." The British king was 73 when he ascended the throne after his mother Queen Elizabeth died in September 2022 aged 96. The new Danish royal couple will take the throne at a time of huge public support and enthusiasm for the monarchy.
Persons: Stine Jacobsen, Johannes Birkebaek COPENHAGEN, Margrethe II, Denmark's, Frederik, Danes, Margrethe, It's, Anna Karina Laursen, Hans Christian Andersen, Mary, Royce, Christian, Mette Frederiksen, Klaus Johansen, Prince Frederik, Lars Hovbakke Sorensen, Prince Charles ., Queen Elizabeth, Johannes Birkebaek, Jacob Gronholt, Pedersen, Frances Kerry Organizations: of State, Reuters, ROYAL POWER, University College Absalon, Danish Locations: Copenhagen, Danish, Denmark, Britain
CNN —He’s been known as the Crown Prince of Denmark since the age of three, but on Sunday, he will leave Copenhagen’s Christiansborg Palace as King Frederik X, sovereign of Europe’s oldest monarchy. Denmark's Crown Prince Frederik will take over from his mother, Queen Margrethe II, when she formally steps down as monarch on Sunday. His forename was chosen in line with the Danish royal custom of the heir apparent being named either Frederik or Christian. Crown Prince Frederik began his military education in 1986 in the Queen's Life Guard Regiment. “Crown Prince Frederik is a much more informal person than his mother,” said historian Lars Hovbakke Sørensen.
Persons: CNN — He’s, Prince of, King Frederik X, Queen Margrethe II, Danes, Margrethe, Britain’s Queen Elizabeth II, Denmark’s, Prince Frederik, Hasse Nielsen, , ” Birgitte Borup, Berlingske, “ Queen Margrethe, Borup, Frederik, , Frederik André Henrik Christian, Prince Henrik, Christian, Prince Joachim, Joergen Jessen, Ritzau Scanpix, Frederik Henriksen –, Frederik –, , “ Pingo, Ida Marie Odgaard, King Charles III, Lars Hovbakke Sørensen, Trine Villemann, ” Chance, Mary Elizabeth Donaldson, Mary didn’t, Mary, VII's, Queen, , John Donaldson, Susan Moody, Ian Waldie, Isabella, Vincent, Josephine, Queen Margrethe, Villemann, Frederik ”, Princess, Wales, she’s Organizations: CNN’s Royal, CNN, Life Guard Regiment, Getty, Aarhus University, Harvard, UN, Danish, Frogman Corps, International Olympic, Copenhagen Cathedral Locations: Prince of Denmark, Copenhagen’s, Europe’s, Danish, Copenhagen, Normandy, France, AFP, Paris, New York, Greenland, Denmark, Faroe Islands, , Sydney, Australia
Brussels — Google’s €2.42 billion ($2.7 billion) antitrust fine in the European Union should be upheld by Europe’s top court, an adviser to the court said Thursday, dealing a blow to the world’s most popular internet search engine. Juliane Kokott, Advocate General at the Court of Justice of the European Union, said judges should confirm the fine. “Google … was leveraging its dominant position on the market for general search services to favor its own comparison shopping service by favoring the display of its results,” she said. Irrespective of its appeal, the company continues “to invest in our remedy, which has been working successfully for several years, and will continue to work constructively with the European Commission,” a spokesperson said. Google has also challenged two other EU rulings, regarding its Android mobile operating system and AdSense advertising service.
Persons: Juliane Kokott, , Margrethe Vestager, Sundar Pichai Organizations: European Union, European Commission, Google, Justice, Big Tech Locations: Brussels, European, United States
Microsoft 's multibillion-dollar investment in artificial intelligence firm OpenAI could face a full-blown merger investigation in the European Union, EU officials signaled Tuesday. The European Commission, which is the executive arm of the EU, said it was embarking on a competition investigation looking at the markets for virtual worlds and generative artificial intelligence. "The European Commission is checking whether Microsoft's investment in OpenAI might be reviewable under the EU Merger Regulation," the commission said in a statement on Tuesday. "Virtual worlds and generative AI are rapidly developing," Margrethe Vestager, European commissioner for competition, said in a statement Tuesday. The company has integrated some OpenAI technology into its Office, Bing and Windows products, and provides OpenAI with its own Azure cloud computing tools.
Persons: Margrethe Vestager Organizations: Microsoft, European Union, European Commission, European, EU, CNBC, Bing Locations: Redmond, Washington, OpenAI
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