The European Union has imposed a S$2.6 billion fine on Apple for violating its competition laws this week.

This marks the bloc's first-ever antitrust penalty against the US tech giant, as well as the start of a new era where trust-busters can be quicker and more efficient in policing Silicon Valley’s biggest companies. What is their secret weapon? Should Big Tech be worried?

In the UK, British chancellor Jeremy Hunt rolled the pre-election dice yesterday, delivering a budget full of measures ahead of a nationwide battle for Downing Street later this year. How might the Spring Budget 2024 shape the battles on the economy at the next general election?

Antonio Fatás, Professor of Economics at INSEAD weighs in.

The European Union has imposed a <a href="https://www.straitstimes.com/business/apple-hit-with-18-billion-eu-fine-over-app-store-rules#:~:text=Apple%20was%20hit%20on%20March,Spotify%20Technology%2C%20on%20its%20platforms.">S$2.6 billion fine on Apple</a> for violating its competition laws this week.
This marks the bloc's first-ever antitrust penalty against the US tech giant, as well as the start of a new era where trust-busters can be quicker and more efficient in policing Silicon Valley’s biggest companies. What is their secret weapon? Should Big Tech be worried?
In the UK, British chancellor Jeremy Hunt rolled the pre-election dice yesterday, delivering a budget full of measures ahead of a nationwide battle for Downing Street later this year. How might the <a href="https://www.straitstimes.com/world/europe/uks-hunt-sets-out-pre-election-budget">Spring Budget 2024</a> shape the battles on the economy at the next general election?
<a href="https://www.insead.edu/faculty/antonio-fatas">Antonio Fatás, Professor of Economics at INSEAD</a> weighs in.

From politics to pop culture, we've got it all. Get ready to immerse yourself in the world of business, lifestyle, culture, travel, and sports.

From politics to pop culture, we've got it all. Get ready to immerse yourself in the world of business, lifestyle, culture, travel, and sports.

Advertisement