European Union antitrust regulators are investigating whether Nvidia’s proposed $700 million acquisition of Run:ai could strengthen its dominant position in graphics processing units (GPUs). Nvidia currently holds 84% of the GPU market, far outpacing competitors Intel and AMD. Regulators are questioning Nvidia customers about potential bundling practices that might offer discounts for purchasing both its GPUs and software.
The European Commission is exploring whether such bundling provides Nvidia with a competitive edge and whether these practices could harm market competition. The Commission has set a preliminary review deadline of 20 December. Customers have also been asked how an open-source approach to Run:ai’s operations might impact their businesses. Nvidia has yet to comment on the inquiry.
GPUs are critical for data centres, gaming, and cryptocurrency mining, making this deal significant for the technology sector. The investigation could influence how Nvidia integrates Run:ai into its portfolio.
France, Germany, and Sweden have urged the next European Commission to bolster Europe’s battery production to meet green transition goals without becoming reliant on Chinese imports. In a joint paper, the countries emphasised the need for streamlined regulations, faster project approvals, increased funding, and alternative sources for raw materials like lithium.
The call comes as Sweden’s Northvolt faces financial difficulties, with fears that Europe’s dependence on Chinese manufacturing could mirror its earlier reliance on Russian gas. Leaders stressed the urgency of securing the region’s competitiveness.
Incoming EU leadership is expected to outline strategies for sustainable economic growth and climate goals within its first 100 days, focusing on policies that support scaling up European battery initiatives.
Industry group SEMI Europe has urged the incoming European Commission to adopt a more unified industrial strategy and expand on the existing European Chips Act. The group highlighted the importance of Mario Draghi’s recommendations, including a centralised EU budget and expedited approvals for strategic high-tech initiatives, to maintain competitiveness against the US and China.
SEMI emphasised the need for additional funding to bolster Europe’s semiconductor ecosystem, particularly in light of global export restrictions on chip technology and critical minerals. Quick action on EU export policies is vital to protect strategic interests and strengthen Europe’s global influence, the group said.
While the Chips Act focuses on attracting new manufacturing, SEMI and other industry voices, like ESIA, have called for broader support. This includes incentives for ‘legacy and foundational’ chip production and innovations essential for Europe’s green transition. Together, SEMI and ESIA represent leading players such as ASML, Infineon, and STMicroelectronics.
A revamped Chips Act would not only counter state-subsidised competition from China but also enhance Europe’s semiconductor supply chain resilience, crucial for its economic and technological independence.
The European Commission announced the closure of its state aid investigations into tax rulings granted to Amazon, Fiat, and Starbucks by Luxembourg and the Netherlands. Initially, the Commission had ruled in 2015 and 2017 that these nations provided the companies with selective tax advantages that breached EU state aid rules. The allegations were part of broader efforts to address unfair tax practices within the European Union.
EU courts, however, annulled the Commission’s decisions in subsequent legal challenges, ruling that the tax arrangements did not constitute illegal state aid. As a result, the Commission concluded that the companies had not violated EU rules and formally ended the investigations.
The cases underscore the complexities of enforcing tax harmonisation across EU member states. Critics of the initial rulings argued that such cases reflect the challenges of balancing national tax sovereignty with EU-wide competition regulations. The closures may also influence future policies on corporate taxation in Europe.
WhatsApp has taken its legal dispute over a €225 million fine to the Court of Justice of the European Union (CJEU). The fine, issued by Ireland’s data protection authority in 2021, stemmed from complaints about the company’s handling of personal data. The penalty increased after intervention by the European Data Protection Board (EDPB).
An earlier challenge to the fine was dismissed by the General Court, the EU’s second-highest tribunal, which ruled that WhatsApp was not directly affected by the EDPB’s decision. The court also noted that the Irish watchdog retained some discretion over the final ruling. WhatsApp has now appealed, arguing that the EDPB’s decisions have direct legal consequences.
Hans-Georg Kamann, representing WhatsApp, told the CJEU that the current framework is flawed and could affect future administrative processes across the EU. The appeal is seen as a critical test of how much influence EU bodies can wield over national regulators in privacy matters.
Margrethe Vestager, the European Union’s outgoing competition chief, is stepping down after a decade of high-profile confrontations with tech giants like Apple and Google. In an exit interview, she expressed regret over not being more aggressive in regulating Big Tech, acknowledging the continued dominance of major platforms despite billions in fines. She described her tenure as ‘partly successful,’ noting the slow pace of change in the tech landscape.
Vestager was instrumental in shaping the EU’s regulatory framework, pushing for initiatives like the Digital Markets Act (DMA) to curb monopolistic behaviour. However, she conceded that the full impact of these measures may take years to be felt. She emphasised the importance of stronger enforcement and deterrence, advocating for a bolder approach to regulating tech firms globally.
Her reflections also highlighted the role of the Digital Services Act (DSA) in overseeing social media platforms and addressing harmful content. Platforms like X and Telegram, which face criticism for inadequate content moderation, were pointed out as examples of why robust regulation is necessary. Vestager stressed that platforms undermining democracy must comply with the EU’s stringent laws.
As she prepares to transition to academia, Vestager’s departure marks the end of an era. While her legacy includes significant strides in holding tech companies accountable, the ongoing influence of these firms signals that the battle for better regulation is far from over. Teresa Ribera Rodríguez will succeed her, tasked with continuing this critical work.
Ireland‘s political parties are laying out ambitious plans for spending the €14bn tax windfall from Apple as they gear up for the general election. The funds stem from a landmark EUruling requiring Apple to pay back taxes and interest for receiving unfair tax benefits.
Housing is a primary focus. Fianna Fáil proposes €4bn for social housing, while Sinn Féin plans €7.6bn for public housing and €1bn for a housing redress scheme. The Green Party and Labour have also prioritised infrastructure and housing development.
Transport, renewable energy, and regional regeneration also feature heavily. Fine Gael and Fianna Fáil emphasise investments in water systems and electricity grids, while the Green Party focuses on enhancing public transport. Both Sinn Féin and Fianna Fáil propose community-focused funds for underdeveloped areas, mirroring ‘levelling up’ policies.
Google has announced further changes to its search results in Europe in response to complaints from smaller competitors and looming EU antitrust charges under the Digital Markets Act (DMA). The tech giant has faced criticism from price-comparison sites, hotels, and small retailers over a 30% drop in direct booking clicks caused by earlier search tweaks.
The DMA, introduced last year to curb Big Tech dominance, prohibits Google from favouring its services. To comply, Google plans to offer expanded and uniformly formatted options for users to choose between comparison sites and supplier websites, along with new ad formats and tools for competitors to display prices and images.
As part of a test in Germany, Belgium, and Estonia, Google will temporarily remove hotel location maps and associated results to assess user interest in a simpler “ten blue links” layout. While reluctant to cut features, Google says these measures aim to strike a balance between user needs and regulatory requirements.
The European Commission has been scrutinising Google since March, with DMA violations carrying potential fines of up to 10% of global annual revenue. Google’s compliance efforts reflect its attempt to navigate the demands of regulators and rival businesses while maintaining its services’ usability.
The European Commission has closed its antitrust investigation into Apple’s e-book and audiobook practices after the original complaint was withdrawn, TechCrunch reported. The probe, launched in 2020, examined Apple’s in-app payment rules and its restrictions on third-party developers informing users about alternative payment methods.
This inquiry followed a similar case involving music-streaming apps, which led to a $2 billion fine against Apple earlier this year after Spotify alleged unfair competition. Despite the closure of the e-book case, the Commission clarified that this does not mean Apple’s practices comply with EU competition laws.
The investigation’s conclusion underscores the EU’s ongoing efforts to regulate tech giants and ensure a fair digital marketplace, with Apple remaining a focal point of scrutiny.
Amazon is likely to face an EU investigation next year into allegations that it favours its own brand products on its online marketplace, according to sources familiar with the matter. If found in violation of the EU’s Digital Markets Act (DMA), Amazon could face a fine of up to 10% of its global revenue.
The potential investigation will be overseen by Teresa Ribera, the incoming EU antitrust chief, who will take office next month. Amazon has denied any wrongdoing, stating it complies with the DMA and treats all products equally in its ranking algorithms. The company has been in ongoing discussions with the European Commission about its practices.
The DMA, implemented last year, aims to curb the dominance of Big Tech by prohibiting preferential treatment of their products and services. Alongside Amazon, other tech giants such as Apple, Google, and Meta are also under scrutiny. Amazon shares fell 3% following reports of the possible investigation.
