On May 6, 2015, the European Commission announced the Digital Single Market Strategy. It is a set of policies aimed at encouraging the development of innovation, digital technologies and cyberspace. The intentions are good, but will implementation be successful?
Google has been targeted by the European Commission. The IT giant has been accused of prioritizing its price comparison services in search engines. To illustrate, when comparing prices from two dealers, Google Shopping comes out on the screen. Formally, one can of course justify an investigation as a potential abuse of the dominant position by Google, but what is the real cause?
Since the May 14, 2014, Google has received 185.000 requests and deleted 670.000 search results (i.e. it made impossible to find particular articles via European versions of Google search engine). The EU still does not understand the old truth that once something is on the Internet, it stays there forever, and that the Internet does not equal Google.
Europe is experiencing a boom in the contingent convertible bonds, in the Anglo-Saxon world also dubbed CoCos. These are the bonds which, at a certain point, convert to the shares of the debtor.
European Commission wants to tackle down on in-app purchases of add-ons for free tablet and mobile games. Commissioner Neven Mimica said, that “consumers, and in particular children, need better protection against unexpected costs”. He’s absolutely right.
EU officers are angry. European banks came up with interesting news. If you want a house in Spain, you have a great chance now, supply increases. Illicit money scandal also in the Spanish government.