Abuse of dominant position: the European approaches to increase competition

Views: 36The European Commission has launched a public consultation among all interested parties to discuss the draft guidelines on exclusionary abuses of dominant position; the previous guidelines adopted about two decades ago seemed quite outdated. Commission is planning to finalize the redrafted guidelines on “exclusionary abuses” on the basis of acquired comments by the end […]

CMU and financial market’s perspectives: infringement procedures

Views: 27The European Commission is planning to hold an EU-wide discussion on capital markets union issues, which will take place against the background of the capital markets union’s objectives, as well as the urgent regional problems in competitiveness and preservation of financial stability. The discussions will bring together market participants across the entire spectrum: e.g. […]

European capital markets union: investment perspectives

Views: 21Capital markets union (CMU) is becoming an EU-wide sub-union’s entity dealing with the financial market issues, as well as a most vital part of the European integration processes. The CMU is a complex structure which includes, e.g. banks, securities, insurance and pensions, as well as financial and non-financial corporations. Peoples’ savings grow in importance; […]

Rule of law in the European Union: new annual report

Views: 52The rule of law is crucial for both citizens and business in the EU: it is a precondition for the respect of other values and it guarantees that fundamental rights are upheld in line with a set of core democratic values; it ensures the application of EU law and supports an investment-friendly business environment. […]

Digital trade: assisting the EU-wide growth and digital transition

Views: 24Digital trade accounts for about a quarter of all international trade; it has been growing at a faster pace than traditional trade. The EU is the world’s leader in both exports and imports of digitally deliverable services, which amounted to €1.3 trillion in 2022, or over half of the EU’s total trade in services. […]

EU finances: the role of European Insurance and Occupational Pensions Authority

Views: 28The European Insurance and Occupational Pensions Authority, EIOPA plays a vital role in the EU-wide financial stability, e.g. in avoiding risks, in formulating digital strategy and transformation, as well as in using blockchain framework, crypto currencies and in approaching supervisory technologies. 

Consumer protection in Europe: combating sneaky practices

Views: 22Commission’s actions adopted recently are specifically focusing on the assessment of Meta’s practices under the EU consumer legislation. The action started in 2023, immediately after Meta requested consumers either to subscribe to use Facebook and Instagram against a fee or to consent to Meta’s use of their personal data to be shown personalized ads, […]

COP-29: continued fossil fuel consumption versus emission’s control

Views: 33Authorities in Azerbaijan – the country hosts this year’s global climate summit COP29 – suggest that continued fossil fuel extraction might be compatible with the global climate agreement. With four months to go until COP29 kicks off in Baku, the Azerbaijani presidency announced a flurry of initiatives, non-binding pledges and partnerships to be signed […]

Artificial intelligence for sustainability: education and skills

Views: 25The United Nations Higher Education Sustainability Initiative, HESI initiated a Global Forum-2024 on “The Future of Higher Education for Sustainable Development”. This annual HESI event was held in New York in mid-July as a special conference devoted to coming this fall the High-Level Political Forum on Sustainable Development, the UN’s main platform for reviewing […]

Anatomy of digital finance in the European Union

Views: 34The EU-wide specific financial framework, i.e. the capital markets union, has been at the heart of the Commission’s ambition in boosting growth, supporting innovation and promoting European global competitiveness. The EU financial sector has the potential to multiply sustainable finance and become a global leader in this area. The sector is having also a […]