Margrethe Vestager, the European commissioner for competition, is again picking low-hanging fruit by ordering Amazon to pay 250 million euros ($294 million) plus interest to Luxembourg, deemed to have rendered illegal state aid to the US company. But the European Commission should be aiming higher if they want to send a serious message to US tech giants about doing business …

China’s bike rental companies Mobike and Ofo are in talks to merge, Bloomberg’s Lulu Chen reported. There’s not a sane mind in the world who doesn’t think that’s a good idea. One parallel is the merger of Didi Dache and Kuaidi Dache to form Didi Chuxing, which then eventually folded in Uber China. They are, of course, extremely different businesses. …

We have become so accustomed to bad economic news from Italy that few will have noticed how the euro zone’s third largest economy seems to be back on the march. That has helped some with job creation, but it also has significance for the future of the euro area: It’s undermining an article of faith among the euroskeptics, that the …