Security Union: Commission welcomes agreement on stronger rules criminalising money laundering

The Commission welcomes the agreement reached by the European Parliament and the EU Member States on strengthened criminal law measures to counter money laundering. The new rules, proposed by the Commission in December 2016, will harmonise offences and sanctions for money laundering, ensuring that dangerous criminals and terrorists face equally severe penalties for their crimes across … Continue reading Security Union: Commission welcomes agreement on stronger rules criminalising money laundering

Artificial intelligence: Commission kicks off work on marrying cutting-edge technology and ethical standards

The Commission is setting up a group on artificial intelligence to gather expert input and rally a broad alliance of diverse stakeholders. From better healthcare to safer transport and more sustainable farming, artificial intelligence (AI) can bring major benefits to our society and economy. And yet, questions related to the impact of AI on the … Continue reading Artificial intelligence: Commission kicks off work on marrying cutting-edge technology and ethical standards

The Court of Justice upholds the fines imposed by the Commission on companies for their participation in cartels in the international air freight

By decision of 28 March 2012, the Commission imposed fines amounting in total to €169 million on a number of companies by reason of their participation, in periods between 2002 and 2007, in various agreements and concerted practices on the market for international air freight forwarding services. Those services included the organisation of transportation of … Continue reading The Court of Justice upholds the fines imposed by the Commission on companies for their participation in cartels in the international air freight

Antitrust: Commission fines Qualcomm €997 million for abuse of dominant market position

The European Commission has fined Qualcomm €997m for abusing its market dominance in LTE baseband chipsets. Qualcomm prevented rivals from competing in the market by making significant payments to a key customer on condition it would not buy from rivals. This is illegal under EU antitrust rules. Commissioner Margrethe Vestager, in charge of competition policy, said: … Continue reading Antitrust: Commission fines Qualcomm €997 million for abuse of dominant market position

Countering illegal hate speech online

The third evaluation of the Code of Conduct on countering illegal online hate speech carried out by NGOs and public bodies released today shows that IT companies removed on average 70% of illegal hate speech notified to them. What is the aim of this Code of Conduct? Each of the IT companies (Facebook, YouTube, Twitter, … Continue reading Countering illegal hate speech online

Single Market: trading safe products across Europe

Question & Answers on the Commission proposals What is the Commission proposing and why? The free movement of goods is one of the building blocks of the EU Single Market. It means that companies can sell their products in any EU country without additional barriers. This creates new opportunities for businesses, but also gives consumers a wider … Continue reading Single Market: trading safe products across Europe

Money laundering and terrorist financing: Presidency and Parliament reach agreement

On 20 December 2017, EU ambassadors confirmed the political agreement reached between the presidency and the European Parliament on strengthened EU rules to prevent money laundering and terrorist financing. The draft directive has two main objectives: preventing the use of the financial system for the funding of criminal activities; strengthening transparency rules to prevent the large-scale concealment of funds. The aim … Continue reading Money laundering and terrorist financing: Presidency and Parliament reach agreement