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> Posts tagged "antitrust"

Cartel: European Commission fines 8 producers of capacitors €254 mil.

The European Commission has fined Capatitors Cartel €253 935 000, which is composed of Elna, Hitachi Chemical, Holy Stone, Matsuo, NEC Tokin, Nichicon, Nippon Chemi-Con, Rubycon. Together with the immunity applicant, Sanyo, they operated a cartel for the supply of aluminium and tantalum electrolytic capacitors between 1998 and 2012. Commissioner Margrethe Vestager,

Antitrust: Commission fines Google €2.42 billion

he European Commission has fined Google €2.42 billion for breaching EU antitrust rules. Google has abused its market dominance as a search engine by giving an illegal advantage to another Google product, its comparison shopping service.   The company must now end the conduct within 90 days or face penalty payments of

State aid: Ireland gave illegal tax benefits to Apple

he European Commission has concluded that Ireland granted undue tax benefits of up to €13 billion to Apple. This is illegal under EU state aid rules, because it allowed Apple to pay substantially less tax than other businesses. Ireland must now recover the illegal aid. Commissioner Margrethe Vestager, in charge of

Antitrust: Truck producers cartel fined 2.93 bn EUR

he European Commission has found that MAN, Volvo/Renault, Daimler, Iveco, and DAF broke EU antitrust rules. These truck makers colluded for 14 years on truck pricing and on passing on the costs of compliance with stricter emission rules. The Commission has imposed a record fine of € 2 926 499

Antitrust: new EU rules to boost card payment transparency

The European Commission welcomes the entry into force in June 2016 of new rules to make the costs of payments with debit or credit cards more transparent to retailers and consumers and allow them to make efficient choices. All elements of the Interchange Fee Regulation are now fully applicable. Commissioner Margrethe Vestager,

European Parliament: China ’s Market Economy Status Debate

ince the fall of the Soviet Bloc and the opening of transition economies to international trade, a distinction between non-market economies (NMEs) and market economies has been established in international trade law, in particular in the framework of anti-dumping (AD) investigations. In a NME, domestic prices are considered unreliable in

EP on China’s proposed market economy status

ntil China has fulfilled the EU's five criteria for market economy status, its exports to the EU must be treated in a "non-standard" way, say MEPs in a non-legislative resolution passed on Thursday. This non-standard methodology, for use in anti-dumping and anti-subsidy investigations, should assess whether China's costs and prices

EC clears acquisition of BG Group by Royal Dutch Shell

he transaction was cleared as it will not grant Shell market power in oil and gas exploration, LNG liquefaction or LNG wholesale supply. Shell will also not be able to prevent competitors from using its gas infrastructure in the North Sea. The European Commission has approved under the EU Merger Regulation

Antitrust: Maritime summit EU-USA-China

epresentatives from the maritime regulatory authorities of the European Union, the People’s Republic of China and the United States met today in Brussels to discuss antitrust and regulatory issues in maritime transport. The delegates confirmed their renewed intention to cooperate on these matters. Hosted by the European Commission's Directorate-General for

Antitrust: Commission investigates Amazon

he European Commission has opened a formal antitrust investigation into certain business practices by Amazon in the distribution of electronic books ("e-books"). The Commission will in particular investigate certain clauses included in Amazon's contracts with publishers. These clauses require publishers to inform Amazon about more favourable or alternative terms offered

Antitrust: Commitments by Skyteam on routes

he European Commission has adopted a decision that renders legally binding commitments offered by Air France/KLM, Alitalia and Delta, members of the SkyTeam airline alliance, to lower barriers to entry or expansion on three transatlantic routes. The Commission had concerns that the cooperation between these airlines may harm competition for

Antitrust: Commission launches e-commerce sector inquiry

he European Commission has launched an antitrust competition inquiry into the e-commerce sector in the European Union. The inquiry, as announced by Commissioner Vestager in March, will allow the Commission to identify possible competition concerns affecting European e-commerce markets. It complements actions launched within the framework of the Digital Single

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