In a world facing a crisis due to lack of semiconductors, the European Chips Act aims to secure the EU’s supply by boosting domestic production. Since late 2020, there has been an unprecedented shortage of semiconductors around the globe. The semiconductor supply chain is very complex and vulnerable to events such as the Covid-19 outbreak. […]
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Commission clears creation of a joint venture by Deutsche Telekom, Orange, Telefónica and Vodafone
The European Commission has approved unconditionally, under the EU Merger Regulation, the creation of a joint venture by Deutsche Telekom AG Orange SA, Telefónica S.A. and Vodafone Group plc. The Commission concluded that the transaction would raise no competition concerns in the European Economic Area (‘EEA’). The joint venture will offer a platform to support […]
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EU acts against dumping of ceramic tile imports from India and Turkey
The Commission has imposed definitive anti-dumping measures on imports of ceramic tiles from India and Turkey for a period of five years. The decision comes as a result of an investigation initiated in December 2021 which found that EU producers have been injured by dumped imports from India and Turkey. The injury suffered by EU […]
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EU and India form Trade and Technology Council
The last Monday, February 6th, he EU and India have strengthened their relationship as strategic partners by setting up a new Trade and Technology Council (TTC). The new TTC will deepen strategic engagement on trade and technology between both partners. This follows the announcement by President of the European Commission Ursula von der Leyen and Prime Minister of […]
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EU and G7 agree to cap prices of Russian petroleum products
Additional price caps for Russian petroleum products that are transported by sea have been adopted by the European Union and the global G7+ Price Cap Coalition (such as diesel and fuel oil). Russia’s ability to conduct war in Ukraine will be diminished by this choice, which will further harm its financial streams. Additionally, it will […]
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The Single Market, the key instrument for meeting current challenges, turns 30 years old
The Commission has published the 2023 Annual Single Market Report and the 2022 Single Market Scoreboard, as part of activities to mark the 30th anniversary of the Single Market. The reports confirm that the Single Market remains a key tool to address Europe’s current challenges and highlight the importance of continuously improving its functioning, as well as […]
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European Commission detects manipulation practices in 148 of the 399 online stores examined
The European Commission and national consumer protection authorities of 23 Member States, Norway and Iceland (CPC Network), released the results of a screening (“sweep”) of retail websites. This check covered 399 online shops of retail traders selling products ranging from textiles to electronic goods. It also focused on three specific types of manipulative practices that […]
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EU trade with Russia declined strongly
EU trade with Russia has been strongly affected following Russia’s invasion of Ukraine, with the EU imposing import and export restrictions on several products. The effects of these measures have been particularly visible in the latest months. Considering seasonally adjusted values, both exports and imports dropped considerably below the levels prior to Russia’s invasion. Russia’s share in extra-EU imports fell from 6.4% […]
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Digital Markets Act: rules for digital gatekeepers to ensure open markets enter into force
The EU Digital Markets Act (DMA) entered into force on 1 November. The new Regulation will put an end to unfair practices by companies that act as gatekeepers in the online platform economy. It was proposed by the Commission in December 2020 and agreed by the European Parliament and the Council in record-time, in March […]
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