The European Commission announced Friday that it's seeking feedback from Apple's payment rivals. If competitors conclude that the deal fixes the EU's concerns, then the concessions become legally binding.
Should the US tech giant fail to honour the offer, it could still be hit with a fine of up to 10 per cent of it's worldwide revenue.
The moves comes after the EU's antitrust arm warned that Apple prevented rivals from competing on a level footing by restricting their access to its payments technology.
Diese Geschichte stammt aus der January 22, 2024-Ausgabe von The Business Guardian.
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Diese Geschichte stammt aus der January 22, 2024-Ausgabe von The Business Guardian.
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EC Assured action on complaint': Congress' Bhupinder Singh Hooda
After the meeting with Election Commission of India over Haryana Assembly election, Congress leader Bhupinder Hooda said that the ECI has assured to look into the complaints made by the party. Congress delegation has informed EC about the \"discrepancies\" and complaints they received about some EVMs (electronic voting machines) and demanded sealing and securing of those 'faulty' EVMs until the course of the investigation.
Three independent MLAs in Haryana pledge their support to the BJP
A day after Haryana election results came out, three independent MLAs from Haryana, Devender Kadyan and Rajesh Joon, Savitri Jindal on Wednesday extended their support to Bharatiya Janata Party (BJP).
METL welcomes Haryana city gas distribution Ltd to MET city
Reliance subsidiary Model Economic Township Limited (METL) on Wednesday announced that Haryana City Gas (HCG) has joined its integrated Greenfield Smart City, MET City, at Jhajjar, Haryana.
HARYANA CM SAINI CALLS ON PRESIDENT MURMU IN DELHI
Haryana Chief Minister Nayab Singh Saini paid a courtesy visit to President Droupadi Murmu following BJP's assembly election victory.
Feb rate cut may bring major GDP downgrade: Union Bank report
The Reserve Bank of India's (RBI) decision to keep the repo rate unchanged and shift its policy stance to neutral highlights inflation as the central bank's predominant concern. According to a research report by Union Bank of India (UBI), the RBI's Monetary Policy Committee (MPC) remains strongly focused on inflation dynamics, which could delay any rate cuts in the near term. The report mentions that the next two to three inflation data releases are likely to hover around the 5% mark before inflationary pressures start to ease, possibly by the end of the third or fourth quarter of FY25.
Indian stock valuations justified by strong fundamentals
A report by Allianz Global Investors argues that the high valuation of the Indian equity market is justified due to the strong fundamentals of Indian companies, especially when compared to other emerging markets globally.
Bharat Economic forum announces Viksit Bharat award and unity program
Bharat Economic Forum (BEF) proudly announces the Viksit Bharat Leadership Award 2024, set to be presented during the BEF Annual Summit on December 21-22, 2024, at Bharat Mandapam, New Delhi. Alongside this prestigious event, BEF is excited to unveil the Journey of Unity program, a unique intercultural experience for global influencers, which will begin on March 23, 2025.
Sensex, Nifty Drop After Rbi Maintains Status Quo On Rates
Sensex and Nifty closed lower as RBI maintained rates and adopted a neutral stance, dampening market sentiment.
HC issues notice on plea seeking permission for Wangchuk's protest
The Delhi High Court on Wednesday issued a notice seeking responses from the Delhi Police, the Government of NCT Delhi, and other respondents on a plea filed by the Apex Body Leh.
HC issues notice on PIL moved against 'ticket scalping' practices
The Delhi High Court on Wednesday issued a notice regarding a public interest litigation (PIL) against the practice of \"ticket scalping,\" which involves reselling event tickets at inflated prices. The plea, prompted by recent concerts featuring various artists, was brought forth by Rohan Gupta.
