E-PaperMargrethe Vestager News
Smart assistants are becoming gatekeepers to Digital Economy
The Apple Watch and the Siri digital assistant, Amazon.com Inc’s Echo speakers and Alexa service along with the data about eating habits recorded by internet-connected refrigerators, all are targets of EU probe
1 min read16 Jul 2020Google fined $5 billion by EU, told to alter Android model
Google was given 90 days to stop what the EU said were 'illegal practices' on contracts with handset manufacturers that push Google services in front of users
2 min read18 Jul 2018Bayer clears EU hurdle for Monsanto deal with BASF sale
Bayer cleared one big hurdle for its $66 billion takeover of Monsanto, winning EU approval for the deal after agreeing to bolster BASF by selling it seeds, pesticides and digital agriculture technology
2 min read21 Mar 2018Big data works only for those who hype it
If big data as used by Google, Facebook really helped manufacturers and retailers, retail sales in the countries where these companies are especially strong would have registered steep increases. Nothing of the sort happened
3 min read9 Jan 2018Corporate taxes must evolve with global trade
Regulatory regimes haven’t caught up with the rapid growth of international trade in services
4 min read10 Oct 2017EU is pulling punches against tech giants
The EU’s tax cases against Amazon, Apple and Google rest on a teetering foundation
4 min read8 Oct 2017Record fine against Google to benefit EU citizens, says commissioner
The 2.4 billion fine slapped on Google for abusing its market dominance 'will find its way back to European citizens', EU's competition chief Margrethe Vestager said
1 min read1 Jul 2017Google is fighting a losing battle
The economics of continuing the fight with the European Union isn't really in Google's favour now
4 min read29 Jun 2017EU will slap Google with record fine this week: reports
According to sources, the EU will impose a penalty against Google that will break the previous record of 1.06 billion set in 2009 against US chipmaker Intel
2 min read26 Jun 2017McDonald’s may be next on EU menu as probe said to wrap up
An EU probe into McDonald's is entering its final stages after officials gathered information on whether the Big Mac maker benefited from a hefty tax break in Luxembourg
3 min read3 Apr 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared