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Digital Brief, powered by Google: DSA and DMA – member states respond – EURACTIV com

An EU member state review   – Margrethe Vestager, Executive Vice President for Digital, European Commission.     Story of the week: Online platform giants will be forced to abide by a broad range of obligations as part of ambitious new plans laid out by the European Commission in its Digital Markets Act (DMA) and Digital Services Act (DSA) on Tuesday. Under a new set of obligations as part of the Digital Markets Act rules, platforms will be banned from using data gathered on their core service to offer other services in competition with rivals and there will be prohibitions on certain self-preferencing activities.

ECBF raises €175m fund to support Europe s circular economy

ECBF raises €175m fund to support Europe’s circular economy Image: © TSUNG-LIN WU/Stock.adobe.com The Luxembourg-based fund is seeking sustainable solutions ready to scale across Europe. A fund dedicated to financing European companies in the circular bioeconomy has more than doubled in size within two months of starting operations, reaching €175m. Large corporate investors in the European Circular Bioeconomy Fund (ECBF) include food and beverage giant Nestlé and Neste, producer of renewable diesel and sustainable aviation fuel. Other new investors include German insurance company Volkswohl Bund Versicherungen and NRW Bank, the promotional bank of the west German state of North Rhine-Westphalia.

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