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"European Commission" tag
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Demystifying the google fine

Yes, a hefty fine has been meted out to Google by the European Commission (EC) and no, it is not being fined for showing the best results in response to a search! The much talked...

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‘Appliancegate’ on the horizon? EU household devices guzzle more energy than labeled

Domestic appliances use up to double as much energy as stated on their energy labels, according to an EU product survey. Outdated official tests are “vulnerable to misuse” by manufacturers, warn the report’s authors. Outdated...

European commission grants conditional reprieve to indebted nations

In its annual assessment of national budget policies, the European Commission has confirmed it will give a number of member states more time to reduce deficits. But it expected more reforms in return. In view...

EU investigates oil giants over possible price-fixing

Anti-trust authorities have conducted surprise inspections at offices of at least three major oil companies, suspecting a possible collusion on oil prices. Shell, BP and Statoil confirmed inspections at their sites. European inspectors raided the...

UK ‘losing out’ in graphene patents race

It’s been hailed as the wonder material that could herald a second industrial revolution, and it was discovered in the UK. But is the home ofgraphene about to be left behind?A small construction site is...

EU advisory group urges overhaul of banking system

Advisers to the European Commission have issued their recommendations for a structural reform of the continent’s banking system. They’re in favor of separating retail and investment operations to reduce future risks. A group of advisers,...