Booking.com must comply with strict European Union regulations as of Thursday due to its designation as a ‘gatekeeper’ under the Digital Markets Act (DMA). The European Commission has placed significant obligations on the travel reservation platform, ensuring it moderates content effectively, supports fair competition, and makes it simpler for consumers to switch between services. The DMA targets tech giants with major market dominance, holding them accountable through measures that could include fines and operational restrictions.
The company affirmed it is fully compliant, citing extensive efforts to adapt to the rules. In a blog post, Booking.com stated that it has implemented solutions that meet regulatory demands while maintaining a high standard of service for travellers and partners. It also expressed a commitment to ongoing dialogue with EU authorities and stakeholders.
Under the DMA, companies identified as gatekeepers are defined by having over 45 million monthly users and significant market capitalisation. Non-compliance could lead to fines of up to 10% of a company’s global revenue, rising to 20% for repeated violations. Additionally, the Commission has the power to limit acquisition activities if a company fails to adhere to the rules.
Global semiconductor sales surged in Q3 2024, with a 23.2% year-over-year growth and a 10.7% quarter-over-quarter increase, fueled by rising demand from industries like AI, big data, and electric vehicles. Countries around the world, including China, the US, and the EU, are investing heavily in semiconductor development to secure a competitive edge in the global chip market.
The EU is focusing on photonic technology, committing €133 million to establish a photonic integrated circuit (PIC) pilot line in the Netherlands by 2025. This initiative aims to enhance Europe’s position in the growing photonic chip market, driven by the demand for more efficient data transmission for cloud computing and AI applications.
Japan has also made a significant move, announcing a ¥10 trillion ($65 billion) investment by 2030 to support its semiconductor and AI industries. This funding is part of a broader strategy to boost chip production and innovation, with a focus on the collaboration between Rapidus, IBM, and Belgium’s Imec.
South Korea is ramping up its semiconductor support through a proposed Semiconductor Special Act, which includes financial backing and workweek exemptions for semiconductor manufacturers. The bill reflects the country’s commitment to strengthening its semiconductor industry, with plans for a ₩26 trillion funding initiative and an ₩800 billion fund to support the semiconductor ecosystem by 2027.
Taiwan President Lai Ching-te has called for an economic partnership agreement with the European Union, emphasising the need for collaboration in semiconductors and shared democratic values. Speaking at a Taiwan-EU investment forum in Taipei, Lai highlighted the importance of secure supply chains and stronger ties to counter growing authoritarian threats.
The EU, under its European Chips Act, has sought to deepen cooperation with Taiwan to boost semiconductor production and reduce reliance on Asia. Taiwan Semiconductor Manufacturing Co.’s (TSMC) new chip plant in Dresden, Germany, underscores Taiwan’s role in strengthening European industry and supply chains.
While Maria Martin-Prat of the European Commission praised Taiwan as a trusted economic partner in her video address to the forum, she did not mention plans for a formal agreement. Taiwan, diplomatically isolated from most global organisations, has been pursuing trade deals with like-minded partners, recently securing an Enhanced Trade Partnership with Britain and seeking membership in the CPTPP.
Meta, the parent company of Facebook, has been fined nearly €800M by the European Union for anti-competitive practices related to its Marketplace feature. The European Commission accused the tech giant of abusing its dominant position by tying Marketplace to Facebook’s social network, forcing exposure to the service and disadvantaging competitors.
This marks the first time the EU has penalised Meta for breaching competition laws, though the company has faced previous fines for privacy violations. The investigation found that Meta unfairly used data from competitors advertising on Facebook and Instagram to benefit its own Marketplace, giving it an edge that rivals couldn’t match.
Meta rejected the claims, arguing that the decision lacks evidence of harm to competition or consumers. While the company pledged to comply with the EU’s order to cease the conduct, it plans to appeal the ruling. The case highlights ongoing EU scrutiny of Big Tech, with Meta facing additional investigations on issues like privacy, child safety, and election integrity.
Meta Platforms announced it will soon give Instagram and Facebook users in Europe the option to receive less personalised ads. The decision comes in response to pressure from EU regulators and aims to address concerns about data privacy and targeted advertising. Instead of highly tailored ads, users will be shown adverts based on general factors like age, gender, and location, as well as the content they view in a given session.
The move aligns with the European Union‘s push to regulate major tech companies, supported by legislation like the Digital Markets Act (DMA), which was introduced earlier this year to promote fair competition and enhance user privacy. Additionally, Meta will offer a 40% price reduction on ad-free subscriptions for European customers.
The changes follow a recent ruling by Europe’s highest court, which supported privacy activist Max Schrems and ruled that Meta must limit the use of personal data from Facebook for advertising purposes. Meanwhile, the European Union is set to fine Apple under these new antitrust rules, marking a significant step in the enforcement of stricter regulations for Big Tech.
The European Union has issued a directive for Apple to cease geo-blocking content on several of its platforms, including the App Store, Apple Arcade, Music, iTunes Store, Books, and Podcasts. Geo-blocking, the practice of limiting access to content based on a user’s location, is considered discriminatory by the EU, as it creates barriers for consumers depending on where they live or are based. The European Commission has expressed its concerns, warning that if Apple does not address these issues within the next month, national regulators across EU member states could step in with enforcement actions.
European Commissioner Margrethe Vestager underscored the EU’s commitment to ensuring fair access to digital services, stating that no company, regardless of its size, should be allowed to unfairly limit customers’ access to services based on nationality, place of residence, or other factors unrelated to the services provided. Apple now has one month to submit a detailed plan that addresses these concerns and outlines how the company will eliminate geo-blocking practices from its platforms. Failure to meet this deadline could result in penalties or legal consequences as the EU continues to prioritise consumer rights and digital market fairness across Europe.
The incoming European Commissioner for Tech Sovereignty, Security, and Democracy, Henna Virkkunen, expressed dissatisfaction with the limited action taken by EU member states to exclude high-risk telecom suppliers, such as China’s Huawei and ZTE, from critical infrastructure. During her confirmation hearing in the European Parliament, Virkkunen noted that although the European Commission adopted 5G security measures in 2020, fewer than half of the EU member states have implemented restrictions on these suppliers. She indicated that this issue will be addressed in the planned revision of the Cyber Security Act next year and stressed the need for more serious action from national governments.
Virkkunen also pointed out that while the EU had adopted the 5G Cybersecurity Toolbox to protect telecom networks, only 11 of the 27 member states have fully implemented measures, including bans and restrictions on high-risk vendors. In addition to her efforts to strengthen cybersecurity, Virkkunen plans to propose a Digital Networks Act in 2025 to overhaul telecom regulations and boost investment and connectivity. On the topic of US Big Tech compliance with EU rules, she reaffirmed the importance of cooperation but emphasised that all companies must adhere to EU regulations, including those set out in the Digital Services Act.
Universities across the EU and UK are set to introduce metaverse-based courses, where students can attend classes in digital replicas of their campuses. Meta, the company behind Facebook and Instagram, announced the launch of Europe’s first ‘metaversities,’ immersive digital twins of real university campuses. With the help of Meta’s VR partner VictoryXR, students can explore campus grounds, work on projects, and participate in simulations from their VR headsets or PCs, offering a more interactive experience than traditional video calls.
Several institutions are embracing the metaverse: the UK’s University of Leeds started metaverse courses in theater this fall, while Spain’s University of the Basque Country will introduce virtual physiotherapy and anatomy classes by February 2025. In Germany, schools in Hannover will launch immersive classes by the start of the 2025 school year. VictoryXR, which has collaborated with over 130 campuses worldwide, sees these “digital twin” campuses as ideal for field trips, group experiments, and real-time assignments.
Meta has provided VR headsets to educators at numerous universities in the US and UK, including Imperial College London, to encourage innovative teaching in fields such as science and language arts. According to Meta, these metaversities mark a ‘significant leap forward’ in education, creating interactive and engaging learning environments.
EU has committed €133 million ($142 million) to support pilot production facilities for photonic semiconductors in the Netherlands, according to the Dutch economy ministry. This initiative forms part of a larger €380 million fund under the EU’s Chips Joint Undertaking, a public-private partnership designed to bolster Europe’s semiconductor industry. Photonic semiconductors, which use light instead of electrons for calculations, promise enhanced speed and energy efficiency and are increasingly essential in fields like data centres and automotive technology.
Dutch economy minister Dirk Beljaarts emphasised photonics as a “technology of strategic importance” for Europe’s economic competitiveness. By building strong domestic capabilities in research, innovation, and supply chains, the EU aims to reduce dependence on global tech rivals. The move follows calls from European industry leaders for significant EU investment to keep pace with advancements in Asia and the US.
The Dutch pilot facilities, slated to begin construction in 2025, will involve Eindhoven and Twente universities alongside the TNO research institute, with co-investment from companies utilising the new infrastructure.
If Elon Musk takes up a role in the incoming Trump administration, he could still face personal liability from the European Commission for potential breaches of the Digital Services Act (DSA) by his company X. The EU executive emphasised that the US election would not affect its enforcement of platform rules. X is under investigation for failing to curb illegal content and allowing dark patterns, with a decision expected soon.
Musk’s potential appointment would not provide him immunity from any fines or legal actions under the DSA, according to a European Union spokesperson. While the Commission can fine a business entity or a decision-maker, it remains unclear if Musk himself would be personally held accountable, though he could face penalties based on his company’s worldwide turnover.
Despite being praised by Trump and potentially offered a cabinet role, Musk’s relationship with the EU remains complex. Former EU Commissioner Thierry Breton stated that any necessary corrections to X’s operations would be enforced, even if political tensions arise. If Musk takes a public position, it’s uncertain how his actions might affect the regulatory landscape for tech companies in Europe.
