Search Results for: Vestager

Vestager vs. Google: a fight to ensure a competitive innovation framework

The EU Consumer and Competition Day took place yesterday in Amsterdam with Margrethe Vestager to reveal her will to charge Google for exploiting consumers by pre-installing Android apps on their smartphones. European Commission (EC) is showing its teeth once again, after Microsoft antitrust case a decade ago, against giant tech companies which are finding ways […]

Antitrust: Commission imposes interim measures on Broadcom in TV and modem chipset markets

This article is brought to you in association with the European Commission. The European Commission has ordered Broadcom to stop applying certain provisions contained in agreements with six of its main customers. This will prevent serious and irreparable harm to competition likely to be caused by Broadcom’s conduct, which prima facie (at first sight) infringes EU […]

State aid: Commission approves market conform asset protection scheme for banks in Greece

This article is brought to you in association with the European Commission. The European Commission has found Greek plans aimed at supporting the reduction of non-performing loans of Greek banks to be free of any State aid. The Commission found that, under the asset protection scheme (known by the name of “Hercules”), the Greek State will […]

Mergers: Commission opens in-depth investigation into joint ventures proposed by Boeing and Embraer

This article is brought to you in association with the European Commission. The European Commission has opened an in-depth investigation to assess the proposed creation of two joint ventures by aircraft manufacturers Boeing and Embraer, under the EU Merger Regulation. The Commission is concerned that the transaction may reduce competition as regards commercial aircraft. Commissioner Margrethe […]

Mergers: Commission clears E.ON’s acquisition of Innogy, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the acquisition by E.ON of Innogy’s distribution and consumer solutions business as well as certain of its electricity generation assets. The approval is conditional on full compliance with a commitments package offered by E.ON. […]

Apple Vs. EU: Will the US tech giant ever pay for taking advantage of Ireland’s taxation?

Apple Inc. together with the Irish government showed up yesterday at the EU’s second-highest court to appeal for the 13 billion euros EU tax order. The US corporation has decided to legally challenge the 2016 European Commission’s decision by claiming that its products and services are created in the US and thus the profits were […]

The von der Leyen Commission: for a Union that strives for more

This article is brought to you in association with the European Commission. Today, President-elect Ursula von der Leyen presented her team and the new structure of the next European Commission. The new Commission will reflect the priorities and ambitions set out in the Political Guidelines. The Commission is structured around the objectives President-elect von der Leyen […]

Mergers: Commission opens in-depth investigation into PKN Orlen’s proposed acquisition of Lotos

This article is brought to you in association with the European Commission. The European Commission has opened an in-depth investigation to assess the proposed acquisition of Lotos by PKN Orlen, under the EU Merger Regulation. The Commission is concerned that the merger may reduce competition in the supply of fuels and related markets in Poland and […]

Antitrust: Commission sends Statement of Objections to O2 CZ, CETIN and T-Mobile CZ for their network sharing agreement

This article is brought to you in association with the European Commission. The European Commission has informed Czech operators of mobile telephony O2 CZ and T-Mobile CZ, as well as the Czech telecom infrastructure provider CETIN of its preliminary view that their network sharing agreement restricts competition in breach of EU antitrust rules. Commissioner Margrethe Vestager, in […]

State aid: France to recover €8.5 million of illegal aid to Ryanair at Montpellier airport

This article is brought to you in association with the European Commission. The European Commission has found that the marketing agreements concluded between the local Association for the Promotion of Touristic and Economic Flows (APFTE) and Ryanair at the airport of Montpellier are illegal under EU State aid rules. Ryanair now has to return €8.5 million […]

State aid: Commission approves €300 million public support for the development of ultrafast broadband network in Greece

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, €300 million of public support for Greece’s Ultrafast Broadband Infrastructure Scheme. The scheme will bring ultrafast broadband services to customers in areas with insufficient connectivity in Greece. Commissioner Margrethe Vestager, in charge of competition policy […]

Antitrust: Commission consults stakeholders on guidance for national courts when handling disclosure information

This article is brought to you in association with the European Commission. The European Commission is inviting comments on a draft communication to assist national courts in dealing with requests to disclose confidential information in proceedings for the private enforcement of EU competition law. Stakeholders can send their contributions until 18 October 2019. The Antitrust Damages Directive helps […]

Mergers: Commission clears Vodafone’s acquisition of Liberty Global’s cable business in Czechia, Germany, Hungary and Romania, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the proposed acquisition by Vodafone of Liberty Global’s cable business in Czechia, Germany, Hungary and Romania. The approval is conditional on full compliance with a commitments package offered by Vodafone. Commissioner Margrethe Vestager, in charge […]

Antitrust: Commission fines US chipmaker Qualcomm €242 million for engaging in predatory pricing

This article is brought to you in association with the European Commission. The European Commission has fined Qualcomm €242 million for abusing its market dominance in 3G baseband chipsets. Qualcomm sold below cost, with the aim of forcing its competitor Icera out of the market. This is illegal under EU antitrust rules. Commissioner Margrethe Vestager, in charge of […]

Antitrust: Commission opens investigation into possible anti-competitive conduct of Amazon

This article is brought to you in association with the European Commission. The European Commission has opened a formal antitrust investigation to assess whether Amazon’s use of sensitive data from independent retailers who sell on its marketplace is in breach of EU competition rules. Commissioner Margrethe Vestager, in charge of competition policy, said: “European consumers are increasingly shopping […]

Antitrust: Commission fines Sanrio €6.2 million for restricting cross-border sales of merchandising products featuring Hello Kitty characters

This article is brought to you in association with the European Commission. The European Commission has fined Sanrio €6.2 million for banning traders from selling licensed merchandise to other countries within the EEA. This restriction concerned products featuring Hello Kitty or other characters owned by Sanrio. Commissioner Margrethe Vestager, in charge of competition policy, said:“Today’s decision confirms […]

State aid: Commission opens investigation into proposed public support for Peugeot plant in Spain

This article is brought to you in association with the European Commission. The European Commission has opened an in-depth investigation to assess whether Spain’s plan to grant €20.7 million of public support to PSA for investing in its existing car plant in Vigo (Spain) is in line with EU rules on regional State aid. Commissioner Margrethe […]

State aid: Commission invites comments on simplified rules for State aid combined with EU support

This article is brought to you in association with the European Commission. The European Commission is inviting Member States and other stakeholders to comment on its proposal to exempt from prior Commission scrutiny under EU State aid rules aid granted through national funds for projects supported under certain EU centrally managed programmes. Commissioner Margrethe Vestager, in charge […]

Mergers: Commission fines Canon €28 million for partially implementing its acquisition of Toshiba Medical Systems Corporation before notification and merger control approval

This article is brought to you in association with the European Commission. The European Commission has fined Canon, the Japan-based imaging and optical products manufacturer, €28 million for implementing its acquisition of Toshiba Medical Systems Corporation (TMSC) before notification to and approval by the Commission, in breach of EU Merger control rules. Commissioner Margrethe Vestager, in charge […]

Antitrust: Commission opens investigation into Broadcom and sends Statement of Objections seeking to impose interim measures in TV and modem chipsets markets

This article is brought to you in association with the European Commission. The European Commission has opened a formal antitrust investigation to assess whether Broadcom may be restricting competition through exclusivity practices, in breach of EU rules. The Commission intends to impose interim measures during the investigation with regard to TV and modem chipsets markets. Margrethe Vestager, Commissioner […]

France and Germany can’t reach consensus regarding EU’s top jobs

The EU leaders are expected to meet again on Sunday to discuss about who will be taking over the EU top jobs, while France and Germany seem unable to agree who will be the successor of Jean-Claude Juncker. Last week’s EU summit didn’t conclude on the matter, something that exerts extra pressure onto the bloc’s […]

State aid: Commission approves €431 million public support for cleaner transport in German cities

This article is brought to you in association with the European Commission. The European Commission has found German plans to support the retrofitting of municipal and commercial diesel vehicles to be in line with EU State aid rules. The measure should contribute to reducing nitrogen oxides emissions by 1,450 tonnes per year, while limiting distortions of […]

Mergers: Commission prohibits proposed merger between Tata Steel and ThyssenKrupp

This article is brought to you in association with the European Commission. The European Commission has prohibited the creation of a joint venture by Tata Steel and ThyssenKrupp under the EU Merger Regulation. The merger would have reduced competition and increased prices for different types of steel. The parties did not offer adequate remedies to address these concerns. Commissioner […]

What if big-tech companies became non-profits?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jonathan Wichmann, Co-founder, Wichmann/Schmidt After years of misinformation, security breaches, abhorrent labor practices and election meddling, politicians have decided it’s finally time to regulate the major tech companies. It’s almost impossible to think that, as recently as a […]

Antitrust: Commission fines Google €1.49 billion for abusive practices in online advertising

This article is brought to you in association with the European Commission. The European Commission has fined Google €1.49 billion for breaching EU antitrust rules. Google has abused its market dominance by imposing a number of restrictive clauses in contracts with third-party websites which prevented Google’s rivals from placing their search adverts on these websites. Commissioner […]

Siemens-Alstom merger: Can Germany and France lobby to circumvent EC’s rejection, against EU consumers’ interests?

The European Commission (EC), after months of investigation and discussions, came to the independent conclusion to refuse the merger of the rail companies Siemens and Alstom despite the improvements provided by the two firms together with the continuous pressure by the French and German governments. Nevertheless, France and Germany still believe that the EU has wrongly […]

Mergers: Commission prohibits Siemens’ proposed acquisition of Alstom

This article is brought to you in association with the European Commission. The European Commission has prohibited Siemens’ proposed acquisition of Alstom under the EU Merger Regulation. The merger would have harmed competition in markets for railway signalling systems and very high-speed trains. The parties did not offer remedies sufficient to address these concerns. Commissioner Margrethe […]

Siemens-Alstom merger: Will the EC succumb to Franco-German pressures for the sake of May’s EU Elections?

It was yesterday when executives of Siemens and Alstom met with EU Commissioner Margrethe Vestager in one of their last attempts to convince her to give the green light for their merge. The European Commission (EC) is now left to decide till February 18 whether or not to approve the merger of the rail operations […]

The European Sting’s 2018 in most critical review

“This is the EU & the world in 2018 as we stung it and you read the most”, The Sting’s Team addresses its fondest 2019 wishes to our most powerful reader, You. January Trump reshapes the Middle East at the expense of Europe Will the end of QE come along with ECB’s inflation target? Hungary and Ireland […]

Apple takes further step into music: EU Regulators formally approve its planned Shazam acquisition

Apple® logo (copyright: Apple)

Last week, the European Commission has given its official approval to Apple’s planned acquisition of British song-recognition app Shazam, after months of investigation. The in-depth study by EU regulators focused onto whether the deal would give the Cupertino, California-based company an unfair advantage over rival music services like Spotify. Now, despite Apple hasn’t revealed how […]

The start of the “Caffeine rush”: Coca-Cola acquires Costa Coffee days after Nestlé-Starbucks deal

Costa Coffee products (Copyright: Costa Coffee; Source: Costa Coffee website, Press area)

“There is no life before coffee”, a famous sentence says, giving some kind of indication on the size of two things: how difficult is to wake up every morning and the importance of the coffee industry. Last week will be remembered as a turning point in the history of the coffee industry in Europe and […]

Antitrust: Commission fines Google €4.34 billion for illegal practices regarding Android mobile devices to strengthen dominance of Google’s search engine

This article is brought to you in association with the European Commission. The European Commission has fined Google €4.34 billion for breaching EU antitrust rules. Since 2011, Google has imposed illegal restrictions on Android device manufacturers and mobile network operators to cement its dominant position in general internet search. Google must now bring the conduct effectively […]

EU opens investigation into Qatar Petroleum over potentially restrictive gas contracts

Margrethe Vestager, EU Commissioner in charge of competition policy, during a recent press conference in Brussels / Berlaymont. (Copyright: EU, 2018 / Source: EC - Audiovisual Service / Photo: Jennifer Jacquemart)

Last week, the European Commission has announced it has opened a formal investigation against Qatar Petroleum over supply agreements that appeared to be restrictive for European buyers. In particular, the EU watchdog’s probe was launched to assess whether supply agreements between Qatar Petroleum, the bloc’s biggest sea-borne gas supplier, and European importers of liquefied natural […]