- Reuters
Google, Amazon win EU court backing in Italian rule dispute
BRUSSELS (Reuters) -Alphabet's Google, Amazon and Airbnb won the backing of Europe's top court on Thursday in their fight against an Italian rule requiring them to provide information on themselves. The dispute between the companies and Italian authorities centered on provisions adopted in 2020 and 2021 mandating online service providers operating in Italy to sign up to a register and submit various types of information, as well as paying a financial contribution or risking a fine. The companies had challenged the requirement, saying it was contrary to EU legislation which says online service providers are only subject to the rules of the country where they are established, while countries where they provide a service must refrain from applying their laws.
- Motley Fool
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- Investor's Business Daily
Analyst Turns Bullish On Airbnb Stock, Says Investors Should 'Take Advantage' Of Recent Slump
Airbnb stock is slumping this month following the company's Q1 earnings report, which one analyst sees as an opportunity.
