Category

european union

Panasonic to move its European HQ out of the UK because Brexit

By | amsterdam, Asia, Brexit, corporate tax, Europe, european union, Gadgets, Government, Japan, Panasonic, tax haven, United Kingdom

Chalk up yet another Brexit deficit: Japanese electronics firm Panasonic will be moving its European headquarters from the UK to Amsterdam in October because it’s worried about the tax implications if it stays, the Nikkei Asian Review reports. The company is concerned it could face tax liabilities if the UK shifts its corporate tax regime […]

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Dixons Carphone says millions more customers affected by 2017 breach

By | Carphone Warehouse, computer security, data breach, Dixons Carphone, electronics, Europe, european union, Gadgets, Mobile, Security, United Kingdom

A Dixons Carphone data breach that was disclosed earlier this summer was worse than initially reported. The company is now saying that personal data of 10 million customers could also have been accessed when its systems were hacked. The European electronics and telecoms retailer believes its systems were accessed by unknown and unauthorized person/s in 2017, although […]

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EU fines Asus, Denon & Marantz, Philips and Pioneer $130M for online price fixing

By | antitrust, asus, Boston Acoustics, Competition, competition law, consumer electronics, Denon & Marantz, eCommerce, Europe, european union, Gadgets, Hardware, Marantz, Margrethe Vestager, Philips, price - fixing, Pricing

The European Union’s antitrust authorities have issued a series of penalties, fining consumer electronics companies Asus, Denon & Marantz, Philips and Pioneer more than €110 million (~$130M) in four separate decisions for imposing fixed or minimum resale prices on their online retailers in breach of EU competition rules. It says the four companies engaged in so called […]

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