European Commission
| 6:00PM 3/31/2011
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In its first government complaint against a rival, Microsoft has accused Google of antitrust behavior in Europe. The European Commission is investigating the search giant after smaller websites alleged that Google was unfairly burying them in search results.
| 6:30PM 1/27/2011
The European Commission on Wednesday approved Intel's $7.68 billion acquisition of security-software company McAfee. Regulators had been concerned that the deal would exclude competing software from working with Intel processors, but Intel agreed to maintain interoperability.
| 6:30AM 12/16/2010
Just as the euro has begun recovering from Ireland's meltdown, another financial crisis is brewing in Spain. The country could be headed for a bailout or reorganization, experts say. How low could the euro go?
| 6:30AM 12/03/2010
European antitrust officials raided drugmakers including AstraZeneca Plc (AZN) as part of an investigation into possible collusion to keep cheap generic medicine off the shelves.
The European Commission said it raided a "limited number" of pharmaceutical companies that may have obstructed the...
| 9:50AM 11/30/2010
The EC says it's launching a formal, in-depth investigation into Google's treatment of search rivals, setting the stage for yet another potential legal entanglement over whether Google is unfairly taking advantage of its dominant market position.
| 7:00PM 11/09/2010
The European Commission has accused some 13 airlines of collaborating to set cargo and security surcharges -- and to avoid paying commission on these surcharges to clients -- to reduce competition. Eleven of the airlines face a total of $1.1 billion in fines.
| 8:14AM 9/29/2010
The European Commission presented plans to punish countries whose excessive debt levels pose a potential risk to the euro.
The proposals include automatic fines for countries that mismanage their finances and economies, BBC News said.
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The rules aim to prevent a repeat of this...
| 7:25AM 9/13/2010
The European Commission upped its forecast for economic growth in the European Union and the 16-member euro zone in 2010, based on strong growth in industrial exports.
The commission said that the 27-member EU would probably grow by 1.8% in 2010, compared with an earlier forecast of 0.9%, The...
| 7:59AM 9/09/2010
Euro-zone countries should prepare to implement more measures aimed at cutting "excessive deficits" if economic growth disappoints, the European Central Bank said.
The 16 members of the euro-zone should "be prepared to accelerate consolidation where necessary to correct their excessive deficits,"...
| 7:25AM 9/08/2010
Greece's economy contracted more than previously thought in the second quarter, according to new figures.
The country's statistics agency said that the economy shrank at an annual rate of 3.7% in the second quarter, compared with an initial estimate of a 3.5% decline, The Wall Street Journal...