BRUSSELS : EU regulators want broader rules defining companies' market power, with more weight given to innovation and pointers on what digital markets are, the European Commission said on Tuesday, prompted in part by the growing power of tech giants.
The information can help regulators to decide whether to demand concessions from a company. Businesses and academics have in recent years criticised EU antitrust laws for being inadequate, especially in relation to U.S. tech giants' merger deals and market power. These include greater emphasis on non-price elements such as innovation and quality of products and services and new guidance defining digital markets such as multi-sided markets and digital eco-systems where products are built around a mobile operating system.
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Chinese investments in German semiconductor industry face higher hurdles - econ ministerBERLIN : Chinese investments in Germany's semiconductor industry face higher hurdles, said German Economy Ministry Robert Habeck on Tuesday, adding that this also applies to a planned takeover of Elmos' chip factory.
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