European leaders, including Ukrainian President Volodymyr Zelensky, agreed to establish an international body to determine tens of billions of euros in reparations for Ukraine following Russia’s invasion. The decision was signed by 35 countries. The newly formed International Claims Commission for Ukraine will assess and decide on compensation claims, including amounts to be paid. Zelensky […]
European Commission
Google drops EU antitrust complaint against Microsoft
BRUSSELS – Alphabet’s Google has withdrawn its antitrust complaint against Microsoft concerning alleged anti-competitive practices in cloud computing, a week after EU regulators launched their own investigation into the sector. Read More: Google to produce 600000 chromebooks yearly in Pakistan Last year, Google approached the European Commission, claiming that Microsoft’s practices in its Azure platform restricted […]
Pakistan’s ethanol exports face setback as EU suspends GSP+ status
The European Commission has officially suspended Pakistan’s GSP+ status for ethanol imports, following concerns raised by six EU member states that Pakistani exports had distorted the European ethanol market since 2022. The suspension came into effect on June 20, 2025, under Article 30 of the GSP Regulation. The complaint was submitted in May 2024 by […]
Meta and TikTok battle EU over “unfair” digital fee in court
Meta and TikTok have filed lawsuits against the European Commission, claiming that a yearly fee under the Digital Services Act (DSA) is unfair and wrongly calculated. The DSA, which became law in 2022, requires large platforms to pay 0.05% of their global net income to help fund the EU’s monitoring efforts. A total of 19 […]