Search Results for: antitrust

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

Google prepares to final EU judgement over Android antitrust case

A final word on the thorny EU vs Google case over Android antitrust charges could arrive as soon as next month, according to people familiar with the matter. Late last week, Reuters announced that the EU antitrust investigation into Google’s operative system Android could be on the way of concluding shortly, and that the American […]

Antitrust: Commission imposes binding obligations on Gazprom to enable free flow of gas at competitive prices in Central and Eastern European gas markets

This article is brought to you in association with the European Commission. The European Commission has adopted a decision imposing on Gazprom a set of obligations that address the Commission’s competition concerns and enable the free flow of gas at competitive prices in Central and Eastern European gas markets, to the benefit of European consumers and […]

Will Qualcomm avoid Broadcom’s hostile takeover post the 1 bn euro EU antitrust fine?

The EU antitrust fine to Qualcomm comes as the latter attempts to avoid the 105 billion dollar hostile takeover by competitor Broadcom which keeps on biding higher and higher. Qualcomm seems to be in serious pressure as several fines have been imposed on the company for market dominance abuse and there are plenty of cases […]

Europe’s top court hears Intel and sends € 1.06 bn antitrust fine to review

Last week the European Court of Justice, Europe’s highest court, ruled that US chipmaker Intel’s € 1.06 billion ($1.26 billion) antitrust fine be re-examined by a lower court. The ECJ found that the General Court, which upheld the hefty fine imposed on Intel by the Commission for abuse of a dominant position in the market, […]

EU and Amazon cut deal to end antitrust investigation over e-books deals

Last week the European Commission has communicated its decision to formally accept commitments by US tech giant Amazon to end an EU antitrust investigation over contracts with e-book publishers. The Seattle-based company has proposed to drop some clauses in its contracts that required publishers to inform about terms offered to the company’s competitors and to […]

EU to give more power to national antitrust authorities in a bid to secure regulatory fines

Last week, the European Commission has proposed a new set of rules to give national antitrust authorities more power and resources against anti-competitive practices. The proposed rules, which followed a public consultation that was launched last year, are intended to make the bloc’s national competition agencies more autonomous but also more reactive against multinational firms […]

Google strongly rejects EU antitrust charges and now gets ready for the worst to come

Last Thursday Google officially responded to the antitrust charges by the European Union relating to its shopping search and AdSense. Having been given an extra week to formally respond to allegations by the Commission, Google produced the strongest reply of its give-and-take history with European Regulators. The US technology giant this time is hitting back […]

EU accused of being too nice with Gazprom in the infamous antitrust case

Last week came to be a crucial one for the long-standing dispute between the Russian energy giant Gazprom and the European Union. Gazprom will work on a compromise with EU regulators and will finalise a deal to end a five-year antitrust case avoiding fines and any other imposed term, according to official declaration. The news […]

EU opens a third antitrust file against Google

The European Commission announced last Thursday that is taking “further steps” in investigation against Google, officially accusing the company of having restricted consumer choice by blocking rivals in online search advertising. Although it sounds like there’s absolutely nothing new about this new complaint against Google, the latest antitrust charge filed by the Commission, which is […]

Nokia wins Commission’s approval for Alcatel-Lucent acquisition: a new way for antitrust cases?

The European Commission has given unconditional approval last Friday to the proposed acquisition of Alcatel-Lucent by Nokia, under the EU Merger Regulation. The 15.6 billion-euro merger with the French-American global telecommunications equipment company was announced by Nokia around 1 pm, last Friday, and later on by the European Commission through an official press release. No competition […]

On Google antitrust case: “Let’s face it, some companies want to hurt Google and it goes as simple as that”

After 5 long lingering years a bit of light will be cast on Google’s antitrust case in Europe. Former Commissioner Joaquin Almunia for Competition failed to resolve the matter successfully during his term, going back and forth numerous times. Like a modern Pontius Pilate who “washed his hands”, the Spanish politician, who launched the Google investigation back […]

Parlamentarians to “break up” with reality in the Google antitrust case

How many years can an antitrust case endure in the EU? It certainly depends on many factors but in the case of Google 4 is the minimum. This is because the topic of a ‘digital monopoly’ of a search engine is so refined and sophisticated that for the majority of EU stakeholders it is “terra incognita”. Also […]

Qualcomm to be the next target of EU antitrust regulators? China might be the answer

This hot, rich summer 2014 is approaching its end, but it seems like a hot fall is awaiting already. Google’s antitrust case is still a big question for European regulation on competition, but another case might be giving a big shake to the whole scene. Reuters recently reported that Qualcomm, the world’s No. 1 mobile […]

Google’s hot summer never ends: EC to launch ANOTHER antitrust inquiry against the American giant

We must admit it: this is not exactly a quiet summer for Google. Not in the Old Continent at least. After the “Right To Be Forgotten” case has disturbed Google’s top management’s sleep recently, a new dark cloud may come soon. According to Reuters, the Mountain View, California-based company may soon face a new probe […]

Data is the oil of the digital world. What if tech giants had to buy it from us?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Agnes Budzyn, Managing Director, Global Growth, Consensys AG In 2017, the Economist published a widely referenced article claiming that oil had been replaced as the world’s most valuable resource by data – specifically, data captured from users by tech […]

How can we regulate disruptive technologies?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nidhi Singh, Co-Founder & Counsel, BlackPearl Chambers (Advocates & Solicitors) Advances in technology, often referred to as “disruptive innovation” have changed people’s lives. Undoubtedly, they have led to better services and the quality of products being offered to consumers […]

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 […]

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 […]

The EU sides with China against the US; but has Germany capitulated to America?

If billions of EU penalties on American icon companies and U.S. super tariffs on European cars are strong and aggressive trade weapons, then yes the EU and the U.S. are at all out economic war. As in all wars, the difficult or even impossible thing is to predict its end. Unavoidably, there will be victims […]

EU Parliament sends controversial copyright law reform back to discussion

The European Parliament hemicycle in Strasbourg (Copyright: European Union, 2017 / Source: EC - Audiovisual Service / Photo: Mauro Bottaro)

Last Thursday, the European Parliament has voted against a proposed reform of the EU’s copyright law, aimed at forcing tech giants like Google and Facebook to share revenues with publishers, broadcasters and artists. The proposed reform was formally intended to “modernise” the overall European copyright system, and to bring it more “in line” to the […]

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 […]

IMF: The near-term outlook for the U.S. economy is one of strong growth and job creation

This article is brought to you in association with the International Monetary Fund. It has being released by IMF’s Communications Department IMF Staff Concluding Statement of the 2018 Article IV Mission for the United States of America A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most […]