Search Results for: Vestager

Statement by Executive Vice-President Margrethe Vestager on the Commission’s proposal for a new Regulation to address distortions caused by foreign subsidies in the Single Market

This article is brought to you in association with the European Commission. “Check against delivery” Today, the European Commission has adopted two initiatives that will help build a stronger and more resilient European economy. We’ve put forward legislation that will give us the power to tackle foreign subsidies that harm fair competition in the Single Market. […]

Statement by Executive Vice-President Margrethe Vestager on State aid measures to address the economic impact of COVID-19

This article is brought to you in association with the European Commission. The outbreak of COVID-19 affects all of us and our goal today is to bring together all of Europe’s resources to tackle this unprecedented situation. It is both lives and livelihoods that are at stake. Businesses all over Europe – and in particular smaller […]

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 […]

EU Cybersecurity: Commission proposes a Joint Cyber Unit to step up response to large-scale security incidents

This article is brought to you in association with the European Commission. The Commission is today laying out a vision to build a new Joint Cyber Unit to tackle the rising number of serious cyber incidents impacting public services, as well as the life of businesses and citizens across the European Union. Advanced and coordinated responses […]

Antitrust: Commission opens investigation into possible anticompetitive conduct by Google in the online advertising technology sector

This article is brought to you in association with the European Commission. The European Commission has opened a formal antitrust investigation to assess whether Google has violated EU competition rules by favouring its own online display advertising technology services in the so called “ad tech” supply chain, to the detriment of competing providers of advertising technology […]

Antitrust: Commission sends Statement of Objections to Insurance Ireland for restricting access to a data sharing platform

This article is brought to you in association with the European Commission. The Commission has informed Insurance Ireland, an association of Irish insurers, of its preliminary view that it breached EU antitrust rules by restricting competition in the Irish motor vehicle insurance market. The Commission takes issue with certain conditions of access to the Insurance Link […]

State aid: Commission approves a Polish scheme to compensate large companies for damages suffered due to coronavirus outbreak and provide liquidity support

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, a Polish scheme to partially compensate large companies for the damages suffered due to the coronavirus outbreak and the restrictive measures implemented by the Polish government, while providing them with direct liquidity support through […]

Commission to invest €14.7 billion from Horizon Europe for a healthier, greener and more digital Europe

This article is brought to you in association with the European Commission. The Commission has adopted the main work programme of Horizon Europe for the period 2021-2022, which outlines the objectives and specific topic areas that will receive a total of €14.7 billion in funding. These investments will help accelerate the green and digital transitions and […]

Commission and industry invest €22 billion in new European Partnerships to deliver solutions to major societal challenges

This article is brought to you in association with the European Commission. Today, the Commission launched 11 new European Partnerships together with industry, to boost investments in research and innovation and to overcome major climate and sustainability challenges, towards making Europe the first climate neutral economy and delivering on the European Green Deal. In line with […]

Antitrust: Commission publishes initial findings of consumer Internet of Things sector inquiry

This article is brought to you in association with the European Commission. The European Commission has published today the preliminary results of its competition sector inquiry into markets for consumer Internet of Things (IoT) related products and services in the European Union. The Preliminary Report confirms the rapid growth of these markets, but also identifies potential […]

State aid: Commission invites interested parties to provide comments on proposed draft Climate, Energy and Environmental State aid Guidelines

This article is brought to you in association with the European Commission. The European Commission has launched today a targeted public consultation inviting all interested parties to comment on the proposed revision of the Guidelines on State aid for environmental protection and energy (“Energy and Environmental State aid guidelines” or “EEAG”). To cater for the increased […]

New EU copyright rules that will benefit creators, businesses and consumers start to apply

This article is brought to you in association with the European Commission. This Monday 7 June marks the deadline for Member States to transpose the new EU copyright rules into national law. The new Copyright Directive protects creativity in the digital age, bringing concrete benefits to citizens, the creative sectors, the press, researchers, educators and cultural heritage […]

Commission proposes a trusted and secure Digital Identity for all Europeans

This article is brought to you in association with the European Commission. The Commission today proposed a framework for a European Digital Identity which will be available to all EU citizens, residents, and businesses in the EU. Citizens will be able to prove their identity and share electronic documents from their European Digital Identity wallets with […]

State aid: Commission approves German support for cogenerated electricity

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, the prolongation and modification of an existing German scheme to support the production of electricity from new, modernised and retrofitted highly efficient cogeneration (‘CHP’) plants (except coal and lignite-fired CHP). The scheme (‘Kraft-Wärme-Kopplungsgesetz’ – […]

Digital Assembly 2021: Leading Europe’s Digital Decade

This article is brought to you in association with the European Commission. Joint press release by the European Commission and the Portuguese Presidency of the Council of the European Union On 1 and 2 June 2021, the European Commission and the Portuguese Presidency of the Council of the European Union will host the Digital Assembly, which […]

State aid: Commission approves €10 billion German scheme to compensate companies for damages suffered due to coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has found a €10 billion German scheme to compensate companies for damages related to the coronavirus outbreak to be in line with EU State aid rules. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “This €10 billion scheme enables […]

Antitrust: Commission publishes findings of evaluation on the Motor Vehicle Block Exemption Regulation

This article is brought to you in association with the European Commission. The European Commission has published today the Evaluation Report and Staff Working Document summarising the findings of its evaluation of the Motor Vehicle Block Exemption Regulation. The aim of the evaluation was to gather evidence on the functioning of the rules applicable to vertical […]

State aid: Commission invites interested parties to provide comments on proposed revision of Guidelines on State aid to promote risk finance investments

This article is brought to you in association with the European Commission. The European Commission has launched today a targeted public consultation inviting all interested parties to comment on a proposed targeted revision of the Guidelines on State aid to promote risk finance investments (the “Risk Finance Guidelines”). Interested parties can respond to the consultation for […]

Antitrust: Commission fines investment banks € 371 million for participating in a European Governments Bonds trading cartel

This article is brought to you in association with the European Commission. The European Commission has found that Bank of America, Natixis, Nomura, RBS (now NatWest), UBS, UniCredit and WestLB (now Portigon) have breached EU antitrust rules through the participation of a group of traders in a cartel in the primary and secondary market for European […]

Europe’s global approach to cooperation in research and innovation: strategic, open, and reciprocal

This article is brought to you in association with the European Commission. Today, the Commission adopted a Communication on its Global Approach to Research and Innovation, Europe’s strategy for international cooperation in a changing world. With this, the EU aims to take a leading role in supporting international research and innovation partnerships, and to deliver innovative […]

State aid: Commission approves €500 million Greek scheme to support food service companies affected by coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, a €500 million Greek support scheme to support food service companies affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework. Commissioner Margrethe Vestager, in charge of competition policy, […]

State aid: Commission approves €1.9 billion Czech scheme to support companies in context of coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has approved an approximately € 1.9 billion (CZK 50 billion) Czech scheme to support companies affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “Many […]

Antitrust: Commission publishes findings of the evaluation of rules on horizontal agreements between companies

This article is brought to you in association with the European Commission. The European Commission has published today a Staff Working Document that summarises the findings of the evaluation of the two horizontal block exemption regulations on Research & Development and specialisation agreements (“R&D BER” and “Specialisation BER” respectively, together “HBERs”), together with the Horizontal Guidelines. […]

Updating the 2020 Industrial Strategy: towards a stronger Single Market for Europe’s recovery

This article is brought to you in association with the European Commission. Today, the Commission updates the EU Industrial Strategy to ensure that its industrial ambition takes full account of the new circumstances following the COVID-19 crisis and helps to drive the transformation to a more sustainable, digital, resilient and globally competitive economy. The updated Strategy […]

Commission proposes new Regulation to address distortions caused by foreign subsidies in the Single Market

This article is brought to you in association with the European Commission. The European Commission proposes today a new instrument to address potential distortive effects of foreign subsidies in the Single Market. Today’s legislative proposal follows the adoption of the White Paper in June 2020 and an extensive consultation process with stakeholders. It aims at closing the […]

State aid: Commission approves €400 million Danish aid scheme to support production of electricity from renewable energy sources

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, a Danish aid scheme to support electricity production from renewable sources. The measure will help Denmark reach its renewable energy targets without unduly distorting competition and will contribute to the European objective of achieving […]

Mergers: Commission fines Sigma-Aldrich €7.5 million for providing misleading information during Merck takeover investigation

This article is brought to you in association with the European Commission. The European Commission has fined Sigma-Aldrich €7.5 million for providing incorrect or misleading information during the Commission’s investigation under the EU Merger Regulation of Merck’s acquisition of Sigma-Aldrich. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “The effectiveness of our merger control […]

Antitrust: Commission sends Statement of Objections to Apple on App Store rules for music streaming providers

This article is brought to you in association with the European Commission. The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store. The Commission takes issue with the mandatory use […]

What the EU is doing to foster human-centric AI

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Saverio Puddu, Managing Associate, Linklaters The EU’s first draft Regulation on AI is part of a wider effort to develop human-centric AI by eliminating mistakes and biases to ensure it is safe and trustworthy. The regulation includes requirements […]

Fighting sexual abuse of children: Commission welcomes political agreement on interim rules for voluntary detection measures by online service providers

This article is brought to you in association with the European Commission. The Commission welcomes today’s political agreement between the European Parliament and the Council on the proposed interim legislation regarding the detection of child sexual abuse online by communications services. This legal adjustment was urgently needed to give certain online communications services such as webmail and messaging services legal certainty in their voluntary measures to detect and report […]

EU defence gets a boost as the European Defence Fund becomes a reality

This article is brought to you in association with the European Commission. Today, the Commission welcomes the adoption of the European Defence Fund (EDF), following the European Parliament’s approval. The EDF, with a budget of €7.9 billion, is the Commission’s flagship instrument to support defence cooperation in Europe. EDF will co-finance collaborative research and capability development […]

State aid: Commission approves prolongation and modification of German scheme to support electricity production from renewable energy sources

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, the prolongation and modification of a German scheme to support the production of electricity from renewable energy sources and from mine gas, as well as reductions of charges to fund support for electricity from […]

Antitrust: Commission fines investment banks € 28 million for participating in SSA bonds trading cartel

This article is brought to you in association with the European Commission. The European Commission has fined Bank of America Merrill Lynch, Crédit Agricole, and Credit Suisse a total of € 28 494 000 for breaching EU antitrust rules. Deutsche Bank was not fined as it revealed the existence of the cartel to the Commission. The four banks […]