The European Commission has adapted its temporary state aid rules for assessing public support to financial institutions during the crisis. The main changes are aimed at improving the restructuring process and the level playing field between banks. In particular, banks will be required to work out a sound plan for
Tag: cartels
Commission fines producers of wire harnesses
The European Commission has fined the car parts suppliers Sumitomo, Yazaki, Furukawa, S-Y Systems Technologies (SYS) and Leoni a total of € 141 791 000 for operating five cartels for the supply of wire harnesses to Toyota, Honda, Nissan and Renault. Wire harnesses conduct electricity in cars, for instance to
Commision investigates a potential berach of antitrust rules in credit default swaps
Commision investigates a potential berach of antitrust rules in credit default swaps - The European Commission has informed some of the world's largest investment banks of its preliminary conclusion that they infringed EU antitrust rules that prohibit anti-competitive agreements by colluding to prevent exchanges from entering the credit derivatives business
FAQ: Credit default swaps – investigation proceedings
Antitrust: Commission proposes Directive to fascilitate damage claims
2012 Report on the EU competition policy
The European Commission's 2012 report on competition policy shows that without an effective European competition policy, the internal market cannot deliver its full economic potential. Private barriers to trade and competition would risk replacing the public barriers to free movement that have been painstakingly dismantled. Subsidy races would risk wasting
Unannounced inspections in oil and biofuels sectors
The European Commission can confirm that, on 14 May 2013, Commission officials carried out unannounced inspections at the premises of several companies active in and providing services to the crude oil, refined oil products and biofuels sectors. These inspections took place in two EU Member States. At the Commission's request,
Unannounced inspections in the sugar sector
The European Commission can confirm that on 23 April 2013 Commission officials undertook unannounced inspections at the premises of companies active in the sugar industry in several Member States. The inspections relate to the supply of white sugar. The Commission has reasons to believe that the companies concerned may have
EC sends Statement of Objections on potential misuse of mobile phone SEPs
The European Commission has informed Motorola Mobility of its preliminary view that the company's seeking and enforcing of an injunction against Apple in Germany on the basis of its mobile phone standard-essential patents ("SEPs") amounts to an abuse of a dominant position prohibited by EU antitrust rules. While recourse to
Q&A: misuse of mobile phone standard-essential patents
What is an injunction? An injunction is a court order aiming at preventing the continuation of a patent infringement. Generally, it includes the prohibition to sell the product infringing the patent. Such injunctions can be preliminary – as a precautionary measure typically for the time of the assessment of the case
Commission investigates smart card chips cartel
The European Commission has informed a number of suppliers of smart card chips of its preliminary view that they may have participated in a cartel, in breach of EU antitrust rules. The sending of a statement of objections does not prejudge the outcome of the investigation. Almost everybody uses smart card
Commission opens investigation into card inter bank fees
The Commission has opened formal proceedings to investigate whether MasterCard may be hindering competition in the European Economic Area (EEA) with regard to payment cards, in breach of EU antitrust rules. The Commission has concerns that some of MasterCard's inter-bank fees and related practices may be anti-competitive. An opening of