The European Commission has granted conditional approval for JD Sports Fashion PLC’s €520 million acquisition of the French sportswear retailer Courir. This decision marks a significant step forward for the British retail giant, but it also comes with a series of stipulations to maintain fair competition in European markets. The Commission’s approval hinges on JD […]
The European Union is turning up the heat on Apple, demanding the tech giant open its iOS and iPadOS operating systems to third-party developers and rival tech. The EU’s bold move comes under the Digital Markets Act (DMA), designed to tackle the dominance of major players like Apple. The stakes are high, with Apple potentially […]
In a landmark decision that could redefine the boundaries of European merger control, the Court of Justice of the European Union (CJEU) ruled in favor of Illumina Inc., a leading U.S. gene sequencing company, against the European Commission’s attempt to block its $7.1 billion re-acquisition of cancer diagnostic company Grail Inc. This ruling not only […]
The European Union’s European Artificial Intelligence Act (AI Act) has officially come into force, marking a historic moment as the world’s first comprehensive regulation on artificial intelligence. This landmark legislation sets the stage for a new era in AI governance, aiming to balance innovation with stringent safeguards to protect citizens’ rights and ensure the trustworthy […]