Intel Wins Major Antitrust Case Against EU: 20-Year Battle Ends in Tech Giant’s Favor

The European Court of Justice has ruled in favor of Intel, ending a nearly two-decade-long antitrust case against the company. The court upheld an earlier ruling, dismissing the European Commission’s claims that Intel had unfairly used rebates to stifle competition from AMD. This decision marks a significant victory for Intel and could have implications for future antitrust cases in the EU.

Sterlite Technologies Fights Anti-Dumping Duty, Eyes Global Expansion in Optic Fiber Market

Sterlite Technologies (STL) is challenging the European Commission’s anti-dumping duty on optic fiber imports from India while simultaneously investing in its Italian facility to improve efficiency and competitiveness. Despite the duty, STL is optimistic about its global expansion, particularly in the US and Europe, driven by growing demand for fiber optic cables. The company is also capitalizing on the burgeoning Indian data center market and aims to achieve top-three global ranking in the optic fiber manufacturing sector.

Google Accuses Microsoft of Anti-Competitive Practices in Cloud Services

Google has filed a complaint with the European Commission, alleging that Microsoft is using its dominant Windows Server operating system to unfairly favor its Azure cloud platform. Google claims Microsoft imposes high markups for Windows Server on competing cloud services while offering preferential treatment to Azure users. The complaint highlights concerns about potential market dominance and the impact on competition in the cloud computing industry.

Moderna’s RSV Vaccine Approved in Europe, Further Expansion for mRNA Giant

Moderna’s mRNA respiratory syncytial virus (RSV) vaccine, mRESVIA, has received approval from the European Commission for adults aged 60 and older. This follows the positive opinion from the European Medicines Agency and comes after the FDA’s approval in May. Meanwhile, Moderna also secured approval for an updated formulation of its COVID-19 vaccine in Japan, targeting the Omicron subvariant JN.1. These approvals solidify Moderna’s position as a leading player in the mRNA vaccine space.

Von der Leyen Outlines Ambitious Plans for Second Term as EU Chief

European Commission President Ursula von der Leyen has unveiled a comprehensive agenda for her second term, focusing on strengthening European defence, boosting economic competitiveness, tackling climate change, managing migration, and promoting affordable housing. Her plans include the creation of a European Defence Union, a European Savings and Investments Union, a Clean Deal Industrial Deal, a legally-binding emissions reduction target, and a new approach to migration management.

Schengen Visa Fees to Increase by 12% from June 2024

Effective June 11, 2024, the cost of Schengen visas will increase significantly. The price for adult applicants will rise from €80 to €90, while children aged six to twelve will pay €45 instead of €40. The hike is attributed to increasing costs, inflation, and the need to maintain the security of the Schengen area, which includes 29 European countries. Non-European nationals, such as those from South Africa, China, India, Pakistan, and Sri Lanka, require Schengen visas to enter the region.

Community Engagement and Benefit Sharing: The Key to a Just and Equitable Energy Transition

As Europe races to meet its ambitious climate goals and rapidly deploy renewable energy, it is crucial to prioritize community engagement and equitable benefit sharing. Communities must be actively involved in the decision-making processes that affect their well-being and the environment around them. This means going beyond mere consultation and considering the diverse perspectives and concerns of local populations. Developers need to adopt transparent and inclusive approaches throughout the project lifecycle, from spatial planning to project design and implementation. By empowering communities through meaningful engagement and fair benefit-sharing mechanisms, we can overcome opposition and foster broad acceptance of renewable energy initiatives. This will not only accelerate the energy transition but also create social and economic benefits for communities and the environment.

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