The Minister of Economy of Belgium, Chris Peters, calls on the business to prepare for a possible tough Brexit and to the possibility of the United States stopping its close economic ties with the EU, as well as the likelihood that the bloc will not be able to conclude a deal with the UK. In September the Belgian economy will undergo a scan to establish the impact of a hard Brexit business by business. Mr Peeters has spoken with Michel Barnier, who is leading talks on the UK’s exit from…
Read MoreDay: July 20, 2018
The EU has imposed a record 4.34 billion euros in Google
On Wednesday, the EU imposed a record 4.34 billion euros of fines on Google, this time in connection with the Android antitrust file, a decision that risks further damage to its relations with the US. This financial sanction, aiming at punishing the American company for having misused the dominant position of its smartphone exploitation system, Android, in order to consolidate its online research service supremacy, smashes the previous record, already detained by Google. “Google used illicit practices to cement its dominant position in online research,’’ accused the EU Competition Commissioner,…
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