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Rivian's shares surge after Volkswagen's investment, global clean energy investment to reach $2tn, EU charges Microsoft with antitrust violations, US Senate deadlock threatens global tax treaty, and challenges in regulating big tech and implementing international tax reforms.
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- EU charges Apple for anti-competitive app fees, and Microsoft for tying products, signaling tough enforcement against tech giants.
- Global investment in clean energy to surpass fossil fuels, but US Senate deadlock threatens global tax treaty.
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EU Charging Apple and Microsoft for Antitrust Violations
Brussels has charged both Apple and Microsoft under different regulations, alleging Apple's fees for app developers may be anti-competitive, while Microsoft is accused of tying its video conferencing app with its Office offers, disadvantaging competitors. Both companies have responded differently, with Microsoft aiming for compromise and Apple delaying features due to regulatory uncertainties. This dual approach signals a serious enforcement effort by the EU against tech giants using both traditional and digital market regulations.
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