European Commission – bzNewsWire

U.S. Seeks to Join Forces With Europe to Combat Excess Chinese Goods

Treasury Secretary Janet L. Yellen warned that China’s industrial strategy posed a global threat that requires a united response.

The inquiries signal the bloc’s intention to tightly enforce sweeping new competition rules that took effect this month.

To comply with European regulations, Apple has proposed reducing its commission on app sales while adding new fees and hurdles.