Tag: Amazon

#SiliconValley: Manfred Weber explains EU politics in Silicon Valley

#SiliconValley: Manfred Weber explains EU politics in Silicon Valley

“More Europe has, so far, always been the clear response in crisis situations. However, today we don’t need more or less Europe but a smarter Europe. We can do this by suggesting clever policies to fight the rising populism in Europe, for example, to combat short-term national egoisms and to offer a different orientation for […]

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#Staples Commission approves Staples’ acquisition of Office Depot, subject to conditions

#Staples Commission approves Staples’ acquisition of Office Depot, subject to conditions

| February 11, 2016 | 0 Comments

Following an in-depth review, the Commission has approved under the EU Merger Regulation the acquisition of office supplies distributor Office Depot by Staples, subject to the divestment of Office Depot’s contract distribution business in Europe and entire business in Sweden. Commissioner Margrethe Vestager, in charge of competition policy, said: “The substantial remedies package offered will […]

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Taxing issue: Multinationals respond to Parliament proposals to make them pay their fair share

Taxing issue: Multinationals respond to Parliament proposals to make them pay their fair share

| November 16, 2015 | 0 Comments

A tax system ‘unfit for purpose’ Jean-Claude Juncker, president of the European Commission, told the tax rulings committee that something needed to be done. “The current system of corporate tax rules is unfit for purpose and unjust. Some companies are losing out, whereas others win by hiding behind a variety of national rules,” he said […]

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Internet firms to be subject to new EU cybersecurity rules

Internet firms to be subject to new EU cybersecurity rules

By Julia Fioretti (Reuters) Internet firms such as Cisco (CSCO.O), Google (GOOGL.O) and Amazon (AMZN.O) will be subject to a new EU cybersecurity law forcing them to adopt tough security measures and possibly report serious breaches to national authorities, according to a document seen by Reuters. The so-called Network and Information Security Directive has been […]

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Antitrust: Commission opens formal investigation into Amazon’s e-book distribution arrangements

Antitrust: Commission opens formal investigation into Amazon’s e-book distribution arrangements

The European Commission has opened a formal antitrust investigation into certain business practices by Amazon in the distribution of electronic books (“e-books”). The Commission will in particular investigate certain clauses included in Amazon’s contracts with publishers. These clauses require publishers to inform Amazon about more favourable or alternative terms offered to Amazon’s competitors and/or offer […]

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Tax rulings: Are member states unfairly helping multinationals to pay less tax?

Tax rulings: Are member states unfairly helping multinationals to pay less tax?

| February 17, 2015 | 0 Comments

MEPs voted in favour of setting up a special committee to look into tax rulings Do multinationals pay their fair share of taxes? The European Commission is not convinced; it has launched investigations targeting member states that in its view give multinationals preferential tax treatment. On 12 February, Parliament decided to conduct its own inquiry […]

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Labour MEPs: Juncker has more questions to answer after Commission verdict on Amazon’s Luxembourg ‘love in’

Labour MEPs: Juncker has more questions to answer after Commission verdict on Amazon’s Luxembourg ‘love in’

| January 19, 2015 | 0 Comments

Labour MEPs demanded fresh answers from European Commission president Jean-Claude Juncker following today’s damning report into Luxembourg’s tax regime during his reign as prime minister. In a preliminary finding, the Commission says Amazon’s tax arrangements in Luxembourg probably constitute “state aid”, and charged the country with giving illegal tax breaks to the multinational. The investigation […]

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