Archive for the ‘European Commission’ Category

Tesla sells European emissions law lifeline to Fiat Chrysler

April 8th, 2019
The ultimate compliance car? Sergio Marchionne, the late CEO of Fiat Chrysler Automobiles, had said that the company lost either $14,000, or $20,000, on every Fiat 500e, depending who you believe.

Enlarge / The ultimate compliance car? Sergio Marchionne, the late CEO of Fiat Chrysler Automobiles, had said that the company lost either $14,000, or $20,000, on every Fiat 500e, depending who you believe. (credit: Fiat Chrysler Automobiles)

Over the weekend, the Financial Times reported that Tesla and Fiat Chrysler Automobiles (FCA) have entered into an agreement that will deliver Tesla a fresh influx of cash and deliver FCA from the hands of Europe's tough new emissions regulations. Beginning next year, new European Commission rules begin to phase in that require a car maker's fleet-wide emissions to average no higher than 95g/CO2/km—a figure that works out at roughly 57mpg for gasoline vehicles, or 76mpg for diesel-powered vehicles.

From 2020, 95 percent of an automaker's new cars sold in the EU have to meet this target, with the remaining 5 percent falling under the law in 2021. And the penalties for failing are draconian: a €95 ($107) "excess emissions premium" per gram of CO2 over the target, for every single car registered in the EU that year. For some OEMs, this has the potential to be ruinous; if FCA's portfolio were the same in 2021 as it was in 2018, the automaker would have to pay some €2.77 billion ($3.12 billion), out of total net global profits of €3.63 billion ($4.1 billion).

Some OEMs are going all-out in their efforts to electrify in order to meet the new rules; VW's Roadmap E should be viewed in this context, for example. But for others, the road to electrification is not so simple. Although FCA announced a bold, €9 billion ($10.5 billion) plan to electrify its lineup by 2022, its actual plug-in portfolio is currently limited to the Chrysler Pacifica Hybrid (which is not sold in the EU) and the Fiat 500e, a car thought to lose the brand many thousands of dollars for each one sold.

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Posted in cars, CO2 emissions, European Commission, Fiat Chrysler Automobiles, Tesla | Comments (0)

Spotify’s EU antitrust complaint could be a serious threat to Apple

March 14th, 2019
The Apple logo takes corporeal form outside an Apple store.

Enlarge (credit: Andrew / Flickr)

Apple is abusing its control over the iOS App Store to give its own music streaming service an unfair advantage over competitors, Spotify argued in a Wednesday filing with the European Commission.

"Apple has introduced rules to the App Store that purposely limit choice and stifle innovation at the expense of the user experience," writes Spotify founder and CEO Daniel Ek. "After trying unsuccessfully to resolve the issues directly with Apple, we’re now requesting that the EC take action to ensure fair competition."

For years, Apple has pressured Spotify to use Apple's In-App Purchase service to collect subscription fees. Spotify has resisted, largely because Apple takes a whopping 30-percent commission. Over time, Spotify says, Apple has tightened up its app store rules to make it more and more difficult for app makers to direct users to payment methods outside the Apple ecosystem.

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Posted in antitrust, App Store, apple, competition policy, European Commission, iOS, Policy, spotify | Comments (0)

Google Will Charge Android Phone Makers to Use Its Apps In Europe

October 17th, 2018
Would you prefer purchasing an Android device that doesn't have any apps or services from Google? No Google Maps, No Gmail, No YouTube! And NOT even the Google Play Store—from where you could have installed any Android apps you want Because if you live in Europe, from now on, you have to spend some extra cash on a smartphone with built-in Google services, which were otherwise until now

Posted in Android, Android Operating system, antitrust fine, antitrust laws, European Commission, google, Google Chrome, Google Play Store, Google Search Engine, Google Services, Technology News | Comments (0)