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Welcome to flightglobal. This site uses cookies. Read our policy. Afghanistan’s Safi Airways is to wet-lease aircraft to maintain its German route in light of the European Commission’s blacklisting on safety oversight grounds of all operations by Afghan carriers. The carrier, which has been operating between Kabul and Frankfurt since , is also looking at the possibility of securing a European registration for its fleet to extract itself from the effects of the ban. Safi Airways says it will be forced to wet-lease aircraft to keep the Frankfurt operation open. Safi chief executive Werner Borchert, describing the ban as a “serious setback” for scheduled traffic between Afghanistan and Europe and pointing out that the carrier’s aircraft have been inspected often by German authorities, says: “What makes this ban especially hard for us is the fact that the Commission has, on several occasions, confirmed that it does not see a safety risk in Safi’s operations. Borchert says Safi is “in discussions” to re-register its fleet through the acquisition of a European air operator’s certificate, to bring it under the supervision of European authorities and enable it to escape the restriction. Safi has Airbus A and A aircraft, as well as a Boeing and s, in its fleet. It says the jets are maintained by Lufthansa Technik and that the airline employs primarily European pilots and technical personnel.

Google, Apple Covid-19 Tracking Tech Faces EU Scrutiny

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Google faces EU antitrust probe over the data implications of its Fitbit buy “​Fortnite” game from their app and gaming sites is an unprecedented move that Shares in COP are down 37% year-to-date, and the stock shows a.

By Rachel Sharp For Dailymail. Amazon is facing charges from the European Union ‘s antitrust watchdog over its treatment of third-party sellers, according to sources. The European Commission, the EU’s top antitrust regulator, is planning to file charges against the e-commerce giant as early as next week or the following week, sources told The Wall Street Journal.

The charges relate to allegations that Amazon has been using data from its third-party sellers to make its own similar, private-label products to compete against them. Amazon boss Jeff Bezos. Amazon is facing charges from the European Union’s antitrust watchdog over its treatment of third-party sellers, according to sources. One source told the Journal the case team has been drafting the charge sheet for a number of months.

Amazon could be slapped with a fine of up to 10 percent of its annual revenue if it is found to have violated EU antitrust laws.

AstraZeneca faces EU fine

Facebook’s new cryptocurrency, Libra , hasn’t even launched yet, but concerns about the project keep piling up. The European Commission is currently investigating whether the new digital currency could unfairly shut out rivals , according to Bloomberg, which cited a questionnaire by EU antitrust regulators. Facebook and 27 partners unveiled plans for the cryptocurrency in June.

By continuing to browse our site you agree to our use of cookies, LSE’s Refinitiv Takeover Faces EU Antitrust Probe Amid Concerns The Most Diverse Audience to Date at FMLS – Where Finance Meets Innovation.

The Commission pointed out that the sector has now recovered to pre-crisis levels, and so the tax subsidies should be withdrawn. The previous VAT rate on this sector was Click for free Irish VAT info. Avalara has a range of solutions that can help your business depending on where and how you trade. Our automation specialists are here to answer any questions you have, click the button below to start a chat. EU VAT registration. EU VAT returns.

Microsoft Faces EU’s Wrath

You need everything: scaling up on the production side and the demand side at the same time; you need to have the infrastructure in place. Green hydrogen costs much more than other forms of the gas, referred to as grey hydrogen, which is produced from fossil fuels and blue hydrogen, which relies on hydrocarbon energy but the resulting emissions are captured. So far, Wood Mackenzie found European companies have announced a pipeline of 9. Analysts assume some projects will fail, meaning two to three times as many are needed to reach an interim EU goal to have 6 GW of capacity by

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We use cookies to improve our service for you. You can find more information in our data protection declaration. The European Commission stepped up the pressure on Microsoft Wednesday to respect a antitrust ruling, by slapping the software maker with a new fine of That is the day Brussels ended its grace period for Microsoft to comply with demands to reveal source code to competitors. The fine is not as high as the possible million euro penalty that could have been imposed, but the Commission could slap future daily fines that run as high as three million euros per day, if Microsoft still has not satisfied the EU regulators’ demands by the end of the month.

It is not the first time that the American software maker based in Redmond, Washington has had to dig deep into its pockets to pay the EU. In March , the Commission levied a record fine of million euros on the company for its failure to comply with orders to reveal source code to competitors. The company paid that penalty in July of that year. The current case is a continuation of the quarrel whose roots date back to Dec.

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Please sign in to use this feature. The European Commission has opened an antitrust investigation of Amazon to determine whether the company is using sales data to gain an unfair advantage over smaller sellers on its Marketplace platform. Start a 3-day Trial Now Subscribe Today. Already a subscriber? Sign In Now.

A European Union goal to boost the use of zero-carbon hydrogen is likely to leader in a market analysts expect to be worth $ trillion by that date. stored and dispensed at industrial sites or refuelling stations for vehicles.

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The European Union is reportedly set to file formal anti-trust charges against online retail colossus Amazon. The charges could be officially filed as soon as next week, a source familiar with the matter told The Wall Street Journal. It should take at least a year for a decision to be rendered on the charges, the paper said.

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EU regulators will send Amazon a so-called statement of objections in the coming weeks amid concerns the U. It will also let Amazon defend itself against the charges, the first and main opportunity to fight back against the EU case before officials rule on whether the company violated antitrust law. Regulators are wrestling with how to act against online giants that critics say run a rigged game when they set the rules for platforms that also host their rivals.

As the operator of the platform, Amazon controls a valuable trove of data of customer shopping habits and hit products, information that can help it jump ahead of smaller sellers. The Wall Street Journal in April reported that some Amazon employees had examined individual seller data when designing in-house products — prompting sharp questions from U.

Amazon also faces a Federal Trade Commission antitrust probe in the U. The Wall Street Journal earlier reported that the EU would send a statement of objections next week or the week after. Regulators are looking for new antitrust powers that could order changes without fines and are seeking rules for so-called gatekeeper platforms that could curb the power of big tech.

Google faces EU anti-trust probe for jobs search tool

This new blacklist becomes effective on Oct. The new methodology to identify and mitigate threats that strategic deficiencies in the anti-money laundering and countering terrorist financing of third countries. We have been given no details of this. In fact, the first time we are hearing of it is through the overseas press. Banks and other financial houses in European member states are prohibited from conducting transactions with blacklisted countries.

We also share information about your use of our site with our social media, Animal-derived-antibody generation faces strict reform in accordance with European Union policy on animal use However, there is hope on the horizon now that the European Commission’s Joint Issue Date: August

BRUSSELS — In the first antitrust case of its kind, the European Commission was set to find the pharmaceutical company AstraZeneca guilty on Wednesday of abusing the patent protection granted to its best-selling anti-ulcer drug, Losec, a source close to the investigation said late Tuesday. The abuse prevented generic-drug makers from marketing a cheaper version of Losec once AstraZeneca’s patent had expired, the person said. The British drug manufacturer faces a fine of millions of euros for the abuse, which happened during the s in several Scandinavian countries.

The commission found that the company gave the wrong date for market authorization for Losec to patent authorities to gain longer protection from generic competition, the source said. The extension is calculated from the date the drug was cleared for sale, not the date of the original patent. AstraZeneca also withdrew a capsule version of Losec to stop generic companies from copying it, the source said. Generic drugs are only approved if the original version is still on the market.

Rachel Bloom-Baglin, a spokeswoman for AstraZeneca in the United States, said that the company had “heard nothing” from the commission, but that it would appeal any negative ruling. Home Page World U.

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