Search Results for: Vestager

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 […]

Antitrust: Commission consults stakeholders on a possible new competition tool

This article is brought to you in association with the European Commission. The European Commission has published today an inception impact assessment as well as an open public consultation inviting comments on exploring the need for a possible new competition tool that would allow addressing structural competition problems in a timely and effective manner. Stakeholders can […]

Commission launches consultation to seek views on Digital Services Act package

This article is brought to you in association with the European Commission. Today the Commission has launched a public consultation on the Digital Services Act, a landmark package announced by President von der Leyen in her political guidelines and in the Commission’s Communication “Shaping Europe’s Digital Future” of 19 February. The consultation seeks to gather views, […]

State aid: Commission approves € 1.6 billion Polish scheme to compensate 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, an approximately €1.6 billion (PLN 7.5 billion) Polish scheme that partially compensates large enterprises and certain small and medium-sized enterprises (SMEs) for the losses suffered due to the coronavirus outbreak and provides them with […]

COVID-19: Single market must emerge stronger from the crisis, say MEPs

This article is brought to you in association with the European Parliament. Economic and Monetary Affairs Committee MEPs voiced concerns about the internal market during a debate with Commission Executive Vice-President Vestager on Monday. The majority of MEPs perceive the timely state aid schemes as a lifeline for companies during the COVID-19 crisis. However, they stress […]

Mergers: Commission opens in-depth investigation into proposed acquisition of Transat by Air Canada

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 Transat by Air Canada, under the EU Merger Regulation. The Commission is concerned that the proposed transaction may reduce competition in the passenger air transport services between the European Economic […]

State aid: Commission approves €9 billion Italian “umbrella” scheme to support economy in coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has approved a €9 billion Italian “umbrella” scheme to support the Italian economy in the context of the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 […]

State aid: Commission approves €500 million Greek scheme to support the self-employed affected by coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has approved a €500 million Greek scheme to support self-employed individuals, including self-employed managers of small companies in sectors affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March […]

Antitrust: Commission seeks feedback on commitments offered by Broadcom concerning TV set-top box and modem chipset markets

This article is brought to you in association with the European Commission. The European Commission invites comments from interested parties on commitments offered by Broadcom to address competition concerns in relation to Broadcom’s conduct in various TV set-top box and modem chipset markets. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “TV set-top boxes […]

Mergers: Commission approves the merger of Mylan and Pfizer’s Upjohn division, 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 merger between the global pharmaceutical company Mylan and Upjohn, a business division of Pfizer, which operates Pfizer’s off-patent branded and generic established medicines. The decision is conditional on the divestment of Mylan’s […]

State aid: Commission approves Belgian scheme deferring payment by Walloon airports of concession fees to mitigate economic impact of coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has approved a Belgian scheme deferring the payment by Walloon airports of concession feesto mitigate the economic impact of the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as […]

Coronavirus: Commission Statement on consulting Member States on proposal to further expand State aid Temporary Framework to recapitalisation measures

This article is brought to you in association with the European Commission. Today, the European Commission has sent to Member States for consultation a draft proposal to further extend the scope of the State aid Temporary Framework adopted on 19 March 2020 to support the economy in the context of the coronavirus outbreak. The Temporary Framework […]

Antitrust: Commission provides guidance on allowing limited cooperation among businesses, especially for critical hospital medicines during the coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has published a Temporary Framework Communication to provide antitrust guidance to companies cooperating in response to urgent situations related to the current coronavirus outbreak. In this context, the Commission is also issuing a “comfort letter” concerning a specific cooperation project aimed […]

State aid: Commission approves €1 billion Greek scheme providing repayable advances to support the economy in the coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has approved a €1 billion Greek aid scheme to support companies affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. Executive […]

State aid: Commission approves €790 million Croatian guarantee scheme for companies with export activities affected by coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has found a HRK 6 billion (approximately €790 million) Croatian liquidity guarantee scheme for companies affected by the coronavirus outbreak to be in line with EU State aid rules. The scheme was approved under the State aid Temporary Framework adopted by […]

State aid: Commission approves €200 million Danish loan in support of the Travel Guarantee Fund for travel cancellations due to coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has found a Danish State loan facility of up to DKK 1.5 billion (approx. €200 million) in support of the Travel Guarantee Fund (“Rejsegarantifonden”) to be in line with EU State aid rules. The loan was approved under the State aid […]

State aid: Commission approves French scheme deferring payment by airlines of certain taxes to mitigate economic impact of coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has found a French scheme deferring the payment by airlines of certain aeronautical taxes to be in line with EU State aid rules. The scheme aims at compensating airlines for part of the damage suffered due to the coronavirus outbreak, by […]

State aid: Commission approves €1.2 billion French “Fonds de solidarité” scheme for small enterprises in temporary financial difficulties due to coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has found France’s €1.2 billion scheme to support small and micro-enterprises as well as self-employed people affected by the economic repercussions of the coronavirus outbreak to be in line with EU State aid rules. The scheme, called “Fonds de solidarité”, was […]

State aid: Commission approves Luxembourg guarantee measure to further support economy in coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has approved today another Luxembourg State aid scheme to support the Luxembourgish economy in the context of the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework to support the economy in the context of the COVID-19 outbreak […]

State aid: Commission amends Short-term export-credit insurance Communication in light of economic impact of coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has decided to temporarily remove all countries from the list of “marketable risk” countries under the Short-term export-credit insurance Communication. This will make public short-term export credit insurance more widely available in light of the current crisis linked to the coronavirus […]

State aid: Commission approves €20 billion Spanish guarantee schemes for companies and self-employed affected by coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has found two Spanish guarantee schemes for companies and self-employed workers affected by the coronavirus outbreak to be in line with EU State aid rules. The schemes, with a total budget of approximately €20 billion, were approved under the State aid […]

State aid: Commission approves €50 million Italian support scheme for production and supply of medical equipment and masks during Coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has approved a €50 million Italian aid scheme to support the production and supply of medical devices, such as ventilators, and personal protection equipment, such as masks, goggles, gowns, and safety suits. The scheme will help Italy provide the necessary medical […]

State aid: Commission approves €3 billion Portuguese guarantee schemes for SMEs and midcaps affected by Coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has found four Portuguese guarantee schemes for small and medium-sized enterprises (SMEs) and midcaps affected by the Coronavirus outbreak to be in line with EU State aid rules. The schemes, with a total budget of €3 billion, were approved under the […]

State aid: Commission approves Danish public financing of Fehmarn Belt fixed rail-road link

This article is brought to you in association with the European Commission. The European Commission has concluded that the public financing model of the Fehmarn Belt coast-to-coast infrastructure between Denmark and Germany is in line with EU State aid rules. Executive Vice-President Margrethe Vestager, in charge of competition policy said: “The Fehmarn Belt fixed link will […]

State aid: Commission adopts Temporary Framework to enable Member States to further support the economy in the COVID-19 outbreak

This article is brought to you in association with the European Commission. The European Commission has adopted a Temporary Framework to enable Member States to use the full flexibility foreseen under State aid rules to support the economy in the context of the COVID-19 outbreak. Together with many other support measures that can be used by Member […]

State aid: Commission approves €12 million Danish scheme to compensate damages caused by cancellations of large public events due to COVID-19 outbreak

This article is brought to you in association with the European Commission. The European Commission has found a DKK 91 million (€12 million) Danish aid scheme to compensate organisers for the damage suffered due to the cancellation of large events with more than 1,000 participants due to the Covid-19 outbreak to be in line with EU […]

Mergers: Commission clears acquisition of joint control over INWIT by Telecom Italia and Vodafone, 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 of joint control over INWIT by Telecom Italia and Vodafone. The approval is conditional on full compliance with a commitments package offered by Telecom Italia and Vodafone. Executive Vice-President Margrethe Vestager, […]

Antitrust: Commission accepts commitments by Transgaz to facilitate natural gas exports from Romania

This article is brought to you in association with the European Commission. The European Commission has made commitments offered by Transgaz legally binding under EU antitrust rules. The company will make available to the market significant firm capacities for natural gas exports from Romania to neighbouring Member States, in particular Hungary and Bulgaria. Executive Vice-President Margrethe […]

State aid: the Commission launches an in-depth investigation into the regulation mechanism for natural gas storage in France

This article is brought to you in association with the European Commission. The European Commission has launched an in-depth investigation in order to determine whether the regulation mechanism for the storage of natural gas implemented by France complies with EU rules on State aid. Ms Margrethe Vestager, Executive Vice-President in charge of competition policy, stated: ‘France has […]

A record number of College members travel to Addis Ababa for the 10th European Union-African Union Commission-to-Commission meeting

This article is brought to you in association with the European Commission. The President of the European Commission, Ursula von der Leyen, travels tomorrow to Addis Ababa, Ethiopia, for the 10th Commission-to-Commission meeting between the European Union and the African Union, accompanied by 20 Commissioners and the EU High Representative for Foreign Affairs and Security Policy. […]

Antitrust: Commission fines hotel group Meliá €6.7 million for discriminating between customers

This article is brought to you in association with the European Commission. The European Commission has fined Spanish hotel group Meliá €6 678 000 for including restrictive clauses in its agreements with tour operators. These clauses discriminate consumers within the European Economic Area (EEA) based on their place of residence, in breach of EU antitrust rules. […]

State aid: Commission approves €53 million public support scheme for charging stations for low emission vehicles in Romania

This article is brought to you in association with the European Commission. The European Commission has found Romanian plans to support the creation of a network of recharging stations for electric vehicles to be in line with EU State aid rules. The measure will contribute to reducing CO2 and other pollutant emissions without unduly distorting competition […]