EU: Dutch minister defends Mercosur deal

EU: Dutch minister defends Mercosur deal

According to a report from the Financial Times, the Dutch Trade Minister has insisted that Europe’s deal with the South American customs bloc will support rather than undermine the EU’s drive for sustainable growth, hitting back at criticism from farming and environmental lobbies. Sigrid Kaag, a Dutch liberal and former UN diplomat, told the Financial […]

EU: E.ON offers to sell Hungarian, Czech businesses

EU: E.ON offers to sell Hungarian, Czech businesses

German energy group E.ON has offered to sell parts of its Hungarian electricity business to address EU antitrust concerns over its bid for rival Innogy’s network and retail assets, its chief executive said on Monday. In another concession to the European Union, E.ON offered to sell Innogy’s gas and power business in the Czech Republic, […]

EU: Commission opens antitrust probe into Denmark, Sweden’s postal services

EU: Commission opens antitrust probe into Denmark, Sweden’s postal services

The European Union announced on Friday, June 14, it has opened an antitrust investigation into capital injections granted by Denmark and Sweden to their national postal operators PostNord and Post Danmark. The EU executive said in a statement that it “has concerns that the capital injections may not have been carried out on market terms.” […]

Switzerland: Regulator fines banks for fixing forex trading

Switzerland: Regulator fines banks for fixing forex trading

Five banks have been fined a total of 90 million Swiss francs (US$90.9 million) for colluding to rig the foreign exchange market, Switzerland’s competition authority announced on Thursday, June 6. The fines are the latest fall out from a scam which led to them being fined €1.07 billion (US$1.20 billion) last month by the European […]

EU: German EC candidate calls for “political” competition rules

EU: German EC candidate calls for “political” competition rules

According to the Financial Times, Manfred Weber, a German MEP and “lead candidate” for the European People’s Party wants the next European Commission to behave “more politically” when making key decisions over merger rules and state-aid. Brussels should be ready to make “political” use of its powerful competition rules to foster the creation of European […]

EU: Bury joins Daimler in calling for Nokia patent probe

EU: Bury joins Daimler in calling for Nokia patent probe

German electronics company Bury has asked European Union antitrust regulators to investigate Nokia’s licensing practices on patents essential to car communications, the second such complaint after Daimler. While companies with key patents are expected to offer these on fair, reasonable and non-discriminatory terms, the lack of clear rules on calculating license fees and terms inevitably […]

EU: Angela Merkel’s call for EU tech reform

EU: Angela Merkel’s call for EU tech reform

German Chancellor Angela Merkel warned Sunday, March 31, in a speech to mark the opening of the Hannover Messe that the EU needed to become more competitive in next-generation industrial technologies, reported the Deutsche World. “I’m not entirely sure if we have the foundation necessary for us to compete globally,” she said, adding that “Europeans […]

EU: Macron, Xi, Merkel and Juncker hold talks in Paris

EU: Macron, Xi, Merkel and Juncker hold talks in Paris

French President Emmanuel Macron on Tuesday said competition between the European Union and China must not lead to a breakdown in world trade systems or political isolationism, as his Chinese counterpart promised to work side-by-side with Europe. Macron, who invited German Chancellor Angela Merkel and European Commission President Jean-Claude Juncker to talks with Xi Jinping in […]

The Global Dominance of European Competition Law Over American Antitrust Law

Posted by Social Science Research Network The Global Dominance of European Competition Law Over American Antitrust Law By Anu Bradford (Columbia University), Adam S. Chilton (University of Chicago), Katerina Linos (University of California) & Alex Weaver (Linklaters The world’s biggest consumer markets — the European Union and the United States — have adopted different approaches […]

EU: General Court rules Italian bank rescue legal

EU: General Court rules Italian bank rescue legal

European Union judges ruled on Tuesday, March 19, that Italy’s rescue plan for an ailing bank five years ago was legal, prompting calls for compensation for savers who subsequently faced stricter terms because Brussels had rigidly interpreted the bloc’s rules. In a blow to EU antitrust regulators, the General Court annulled a European Commission decision […]

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