Competition regulation Archives | Page 35 of 113

Jensen Huang of Nvidia rules out China Blackwell talks for now

Nvidia CEO Jensen Huang said the company is not in active discussions to sell Blackwell-family AI chips to Chinese firms and has no current plans to ship them. He also clarified remarks about the US-China AI race, saying he intended to acknowledge China’s technical strength rather than predict an outcome.

Huang spoke in Taiwan ahead of meetings with TSMC, as Nvidia expands partnerships and pitches its platforms across regions and industries. The company has added roughly a trillion dollars in value this year and remains the world’s most valuable business despite recent share volatility.

US controls still bar sales of Nvidia’s most advanced data-centre AI chips into China, and a recent bilateral accord did not change that. Officials have indicated approvals for Blackwell remain off the table, keeping a potentially large market out of reach for now.

Analysts say uncertainty around China’s access to the technology feeds broader questions about the durability of hyperscale AI spending. Rivals, including AMD and Broadcom, are racing to win share as customers weigh long-term returns on data-centre buildouts.

Huang is promoting Nvidia’s end-to-end stack to reassure buyers that massive investments will yield productivity gains across sectors. He said he hopes policy environments eventually allow Nvidia to serve China again, but reiterated there are no active talks.

Circle urges US Treasury to create a clear stablecoin framework under the GENIUS Act

Circle has submitted its comments to the US Department of the Treasury, outlining its support for the GENIUS Act and calling for clear, consistent rules to govern payment stablecoin issuers.

The company emphasised that effective rulemaking could create a unified national framework for both domestic and foreign issuers, providing consumers with safer and more transparent financial products.

The firm urged Treasury to adopt a cooperative supervisory approach that promotes uniform compliance and risk management standards across jurisdictions. Circle warned against excessive restrictions that could harm liquidity, cross-border payments, or interoperability.

It also called for closing potential loopholes that might allow unregulated entities to avoid oversight while benefiting from the US dollar’s trust and stability.

Circle proposed safeguards requiring stablecoins to be fully backed, independently audited, and supported by transparent public reports. The firm stressed recognising foreign regimes, applying equal rules to all issuers, and enforcing consistent penalties.

Circle described the GENIUS Act as a chance to strengthen the stability of digital finance in the US. The company believes transparent, fully backed stablecoins and recognised foreign issuers could strengthen US leadership in secure, innovative finance.

Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!

Doctolib fined €4.67 million for abusing market dominance

France’s competition authority has fined Doctolib €4.67 million for abusing its dominant position in online medical appointment booking and teleconsultation services. The regulator found that Doctolib used exclusivity clauses and tied selling to restrict competition and strengthen its market control.

Doctolib required healthcare professionals to subscribe to its appointment booking service to use its teleconsultation platform, effectively preventing them from using rival providers. Contracts also included clauses discouraging professionals from signing with competing services.

The French authority also sanctioned Doctolib for its 2018 acquisition of MonDocteur, describing it as a strategy to eliminate its main competitor. Internal documents revealed that the merger aimed to remove MonDocteur’s product from the market and reduce pricing pressure.

The decision marks the first application of the EU’s Towercast precedent to penalise a below-threshold merger as an abuse of dominance. Doctolib has been ordered to publish the ruling summary in Le Quotidien du Médecin and online.

Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!

Tinder tests AI feature that analyses photos for better matches

Tinder is introducing an AI feature called Chemistry, designed to better understand users through interactive questions and optional access to their Camera Roll. The system analyses personal photos and responses to infer hobbies and preferences, offering more compatible match suggestions.

The feature is being tested in New Zealand and Australia ahead of a broader rollout as part of Tinder’s 2026 product revamp. Match Group CEO Spencer Rascoff said Chemistry will become a central pillar in the app’s evolving AI-driven experience.

Privacy concerns have surfaced as the feature requests permission to scan private photos, similar to Meta’s recent approach to AI-based photo analysis. Critics argue that such expanded access offers limited benefits to users compared to potential privacy risks.

Match Group expects a short-term financial impact, projecting a $14 million revenue decline due to Tinder’s testing phase. The company continues to face user losses despite integrating AI tools for safer messaging, better profile curation and more interactive dating experiences.

Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!

EU Advocate General backs limited seizure of work emails in competition probes

An Advocate General of the Court of Justice of the European Union has said national competition authorities may lawfully seize employee emails during investigations without prior judicial approval. The opinion applies only when a strict legal framework and effective safeguards against abuse are in place.

The case arose after Portuguese medical companies challenged the competition authority’s seizure of staff emails, arguing it breached the right to privacy and correspondence under the EU Charter of Fundamental Rights. The authority acted under authorisation from the Public Prosecutor’s Office.

According to the Advocate General, such seizures may limit privacy and data protection rights under Articles 7 and 8 of the Charter, but remain lawful if proportionate and justified. The processing of personal data is permitted under the GDPR where it serves the public interest in enforcing competition law.

The opinion emphasised that access to business emails did not undermine the essence of data protection rights, as the investigation focused on professional communications. The final judgment from the CJEU is expected to clarify how privacy principles apply in competition law enforcement across the EU.

Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!

ByteDance cuts use of Claude after Anthropic blocks China access

An escalating tech clash has emerged between ByteDance and Anthropic over AI access and service restrictions. ByteDance has halted use of Anthropic’s Claude model on its infrastructure after the US firm imposed access limitations for Chinese users.

The suspension follows Anthropic’s move to restrict China-linked deployments and aligns with broader geopolitical tensions in the AI sector. ByteDance reportedly said it would now rely on domestic alternatives, signalling a strategic pivot away from western-based AI models.

Industry watchers view the dispute as a marker of how major tech firms are navigating export controls, national security concerns and sovereignty in AI. Observers warn the rift may prompt accelerated investment in home-grown AI ecosystems by Chinese companies.

While neither company has detailed all operational impacts, the episode highlights AI’s fraught position at the intersection of technology and geopolitics. US market reaction may hinge on whether other firms follow suit or partnerships are redefined around regional access.

Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!

Social media platforms ordered to enforce minimum age rules in Australia

Australia’s eSafety Commissioner has formally notified major social media platforms, including Facebook, Instagram, TikTok, Snapchat, and YouTube, that they must comply with new minimum age restrictions from 10 December.

The rule will require these services to prevent social media users under 16 from creating accounts.

eSafety determined that nine popular services currently meet the definition of age-restricted platforms since their main purpose is to enable online social interaction. Platforms that fail to take reasonable steps to block underage users may face enforcement measures, including fines of up to 49.5 million dollars.

The agency clarified that the list of age-restricted platforms will not remain static, as new services will be reviewed and reassessed over time. Others, such as Discord, Google Classroom, and WhatsApp, are excluded for now as they do not meet the same criteria.

Commissioner Julie Inman Grant said the new framework aims to delay children’s exposure to social media and limit harmful design features such as infinite scroll and opaque algorithms.

She emphasised that age limits are only part of a broader effort to build safer, more age-appropriate online environments supported by education, prevention, and digital resilience.

Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!

EU conference highlights the need for collaboration in digital safety and growth

European politicians and experts gathered in Billund for the conference ‘Towards a Safer and More Innovative Digital Europe’, hosted by the Danish Parliament.

The discussions centred on how to protect citizens online while strengthening Europe’s technological competitiveness.

Lisbeth Bech-Nielsen, Chair of the Danish Parliament’s Digitalisation and IT Committee, stated that the event demonstrated the need for the EU to act more swiftly to harness its collective digital potential.

She emphasised that only through cooperation and shared responsibility can the EU match the pace of global digital transformation and fully benefit from its combined strengths.

The first theme addressed online safety and responsibility, focusing on the enforcement of the Digital Services Act, child protection, and the accountability of e-commerce platforms importing products from outside the EU.

Participants highlighted the importance of listening to young people and improving cross-border collaboration between regulators and industry.

The second theme examined Europe’s competitiveness in emerging technologies such as AI and quantum computing. Speakers called for more substantial investment, harmonised digital skills strategies, and better support for businesses seeking to expand within the single market.

A Billund conference emphasised that Europe’s digital future depends on striking a balance between safety, innovation, and competitiveness, which can only be achieved through joint action and long-term commitment.

Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!

OpenAI becomes fastest-growing business platform in history

OpenAI has surpassed 1 million business customers, becoming the fastest-growing business platform in history. Companies in healthcare, finance, retail, and tech use ChatGPT for Work or API access to enhance operations, customer experiences, and team workflows.

Consumer familiarity is driving enterprise adoption. With over 800 million weekly ChatGPT users, rollouts face less friction. ChatGPT for Work now has more than 7 million seats, growing 40% in two months, while ChatGPT Enterprise seats have increased ninefold year-over-year.

Businesses are reporting strong ROI, with 75% seeing positive results from AI deployment.

New tools and integrations are accelerating adoption. Company knowledge lets AI work across Slack, SharePoint, and GitHub. Codex accelerates engineering workflows, while AgentKit facilitates rapid enterprise agent deployment.

Multimodal models now support text, images, video, and audio, allowing richer workflows across industries.

Many companies are building applications directly on OpenAI’s platform. Brands like Canva, Spotify, and Shopify are integrating AI into apps, and the Agentic Commerce Protocol is bringing conversational commerce to everyday experiences.

OpenAI aims to continue expanding capabilities in 2026, reimagining enterprise workflows with AI at the core.

Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!

Kraken Pro unlocks crypto-collateralized futures for EU traders

Kraken Pro has expanded its offerings in the EU by allowing clients to use crypto, including BTC, ETH, and certain stablecoins, as collateral for more than 150 perpetual futures markets.

The move positions the platform among the first regulated venues in Europe to provide crypto-collateralised, USD-margined futures contracts. It combines flexibility, speed, and capital efficiency with compliance under MiFID II.

Using crypto as collateral enables traders to maintain exposure to their digital assets while accessing leveraged positions. Clients can post BTC, ETH, or stablecoins without converting to fiat, avoiding fees and delays.

The system also supports cross-asset hedging and stablecoin-backed trades, allowing users to manage risk and diversify strategies more efficiently.

Kraken Pro’s regulated futures comply with EU rules, offering up to 10x leverage, multi-asset collateral, and supervision under MiCA and MiFID II. The platform offers deep liquidity, tight spreads, and reliable execution for both individual and institutional traders, even during volatile market conditions.

To begin trading, clients must enable futures on Kraken EU, fund their accounts with crypto assets, select their preferred collateral, and then open or manage leveraged perpetual positions. The update enhances strategic options for both hedging and directional trades.

Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!