Big Tech, calls for looser rules await new EU antitrust chief

Quick Summary:

BRUSSELS : Teresa Ribera will have to square up to Big Tech, banks and airlines if confirmed as Europe's new antitrust chief, while juggling calls for looser rules to help create EU champions.

The 55-year-old Spanish socialist, one of Europe's most ambitious policymakers on climate change, will have to secure European Parliament approval before taking up her post.

Her credentials include negotiating deals among EU countries on emissions limits for trucks and a contentious upgrade of EU power market rules last year.

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Article Details

Category: EconomyBusiness

Markets: SingaporeBelgiumSpain

Topics: Tech Euro Brussels Ribera Chief Apple Europe Rules Google Antitrust Power

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 18:23:38 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 432 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 22566245

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 31 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 6 hours ago

Coverage Areas: Singapore

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Publication Timezone: GMT +8:00

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Publisher ID: #27

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