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Recent Editions
Risk Channel
North America
Google has lost its final appeal against a €4.1bn ($4.7bn) European Union antitrust fine after the bloc's highest court upheld findings that the company abused the dominant position of its Android operating system by requiring device manufacturers to pre-install Google Search, Chrome and the Play Store, while restricting the use of rival operating systems. The ruling brings to an end an eight-year legal battle over the penalty, originally imposed at €4.34bn in 2018 before being reduced in 2022, and is expected to bolster the EU's crackdown on Big Tech while increasing the risk of further damages claims and regulatory action against Google under the Digital Markets Act.
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Risk Channel
UK/Europe
A report from the European Union's Institute for Security Studies and French think-tank Institut Montaigne says that Chinese export controls on critical minerals, the risk of a war in the Taiwan, technological dependence on the U.S., and domestic structural weakness mean Europe's semiconductor sector faces a "bleak future" unless it can move quickly to shore up local supplies. "While Beijing still appears to be the biggest threat, dependence on Washington seems to have become of much greater concern under the second Trump administration," Joris Teer, a policy analyst at the Institute for Security Studies, told Reuters.
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