EU Regulators Urge Scrutiny of Crypto Firms Seeking MiCA Authorization
ESMA warns of risks from global crypto firms seeking partial MiCA authorization while operating offshore, urging rigorous scrutiny and compliance to protect EU consumers.
consumer protection
Meta Faces Deadline Over “Pay or Consent” Model Compliance
Meta faces EU scrutiny over its “pay or consent” model, risking significant penalties if it fails to address consumer protection concerns by September 1, 2024.
Microsoft blames EU regulations for major IT outage
A faulty antivirus update from CrowdStrike caused an IT outage affecting up to 8.5 million Windows devices, with Microsoft blaming a 2009 EU agreement for preventing preventive security measures.
Online Contracts Must Clearly Indicate Payment Obligation, CJEU says
The CJEU ruled that online order buttons must clearly indicate a consumer’s obligation to pay, even if the payment is conditional, or the consumer is not bound by the contract.
Italy fines TikTok €10 million
TikTok fined €10M by Italian authority for failing to protect minors and user safety.
EU Fines Apple €1.8 Billion for Market Abuse
EU fines Apple €1.8 billion for App Store’s anti-competitive music streaming restrictions.