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European Commission

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Total members 28
Current collegeJuncker Commission
First Vice-President Frans Timmermans
Presidents Jean-Claude Juncker
Working languages French
German
Role Executive branch
Date of Reg.
Date of Upd.
ID1346560
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About European Commission


The European Commission is the executive branch of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU.

Three network down for tens of thousands across UK

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Dec 1,2023 12:51 pm

... In 2016, the Competition and Markets Authority (CMA) and the European Commission blocked Three s attempted takeover of O2, arguing that it would have risked higher prices...

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... The European Commission said on Thursday that it was not worried...

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Elon Musk's X sues Media Matters over antisemitism analysis
Nov 20,2023 10:01 pm

... " In the wake of the Media Matters allegations, the European Commission, Warner Bros Discovery, Paramount and Lionsgate have also pulled ad dollars from X...

X ad boycott gathers pace amid antisemitism storm

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Nov 17,2023 10:01 pm

... The European Commission, TV network Paramount and movie studio Lionsgate have also pulled ad dollars from X...

White House criticises Elon Musk over 'hideous' antisemitic lie

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Nov 17,2023 2:31 pm

... Separately, the European Commission has asked its departments to stop buying ads on X because of concerns over misinformation in relation to the Israel-Hamas war, according to a report by Politico...

Apple to bridge message divide - but keeps green bubbles

Apple to bridge message divide - but keeps green bubbles
Nov 17,2023 12:21 pm

... The Financial Times in early November that Google and other firms had written to the European Commission, urging it to declare Apple s iMessage a core service that should be interoperable with rivals like WhatsApp...

Ukraine war: Russian diamonds set for ban under new EU sanctions

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Nov 15,2023 11:01 am

... Now the European Commission has proposed extending to diamonds a series of sanctions imposed on Russia since its full-scale invasion of Ukraine...

Spain's Sánchez secures power deal with Catalan separatists prompting anger

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... The European Commission said it had written to the caretaker government in Spain for information about the draft law...

Coronavirus: New rules for the protection of British companies in the midst of virus

Nov 8,2023 8:41 am

The government is introducing new measures on Monday of the company and is thus crucial for Public Health against foreign takeovers.

Changes in the legislation would be to protect the Minister with additional powers, necessary, in order to contribute to future pandemics that could fight now.

The new powers, the coverage of businesses such as pharmaceutical companies.

Business Secretary Alok Sharma , said: "the UK is open for investment, but not for exploitation. "

The government already has The Power to assess acquisitions for several reasons, including National Security or financial stability. It is a takeover can block, or is seeking assurances from a buyer about their plans for a company.

But it changes to the 2002 Enterprise Act, means that the government can intervene when a company in a pandemic response is a personal protective equipment (PPE), the manufacturer, for Example - The Target of a takeover by a foreign company.

you also expand the ability of the government to consider acquisitions involving companies in the Artificial Intelligence , or encryption technology.

'Critical'

The economic disruption caused by the Covid-19-pandemic "can mean that a number of companies with critical skills are more vulnerable to takeovers", the Ministry of enterprise, energy and Industrial strategy, said in a statement.

"These forces to send an important signal to those who take the claim to fight, as a result of the pandemic, to act that the British government is prepared, where necessary for the protection of our National Security ," said Mr Sharma said.

It Follows the April announcement by the European Union (EU) plans to block foreign takeovers of European companies are struggling with The Virus in the downturn. It wants to invest so that the governments in "weak" companies, which could be any form of property.

While she called, "measures of Last Resort ", the European Commission said it was the consultation with member States.

In March, the European Commission guidelines are in place to ensure a strong EU-wide approach to foreign investment screening, "in a time of Public Health crisis and the related economic vulnerability".

the United Kingdom formally leave the EU on 31 January, but is currently in a transitional phase until The End of the year. During this time, the UK all the EU rules and its trading relationship will remain the Same .



coronavirus pandemic, alok sharma, companies, mergers and acquisitions

Source of news: bbc.com

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