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

May 20, 2021 by European Union Leave a Comment

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 […]

Filed Under: European Union News Tagged With: Antitrust, Brussels, Brussels magazine, cartel, Critical News Europe European Sting, Critical News Europe The European Sting, Critical Times, EU Maagazien, EU Sting, European Commission, European Governments Bonds, European Union Magazine, European Union News, The European Sting, The Sting

Antitrust: Commission fines three EU railway companies €48 million for customer allocation cartel

April 20, 2021 by European Union Leave a Comment

This article is brought to you in association with the European Commission. The European Commission has fined railway companies Österreichische Bundesbahnen (ÖBB), Deutsche Bahn (DB) and Société Nationale des Chemins de fer belges / Nationale Maatschappij der Belgische Spoorwegen (SNCB) a total of €48 million for breaching EU antitrust rules. The companies participated in a customer […]

Filed Under: European Union News Tagged With: Antitrust, cartel, Critical, Critical Magaizne, Critical Magazine, Critical News, Critical News Europe The European Sitng, Critical Times, customer, EU magazine, EU magazjne, EU News, EU Sting, European Commission, European Union Magazine, Magazine, The European Sting, The Sting

Mainland Europe adopts Germanic cartel business patterns

April 2, 2018 by Dennis Kefalakos Leave a Comment

As in VW’s diesel engines emissions scandal, in the case of Estonia’s half banking system working as mafia’s financiers, it was the Americans to unveil the wrongdoings. Is it by chance or the Europeans are looking the other way, when it comes to their own dirty laundry? Those calculated frame ups are not only meant […]

Filed Under: Automotive, Business, Economy, Markets, Policy, Transport, World Tagged With: Alphabet/Google, Amazon, Americans, Apple, aquisitions, AT&T, banks, Bayer, Bayer Monsanto deal, Berlin, BMW, Brussels, cartel, competition, competition rules, Daimler, Deutsche Bank, diesel engines, dieselgate scandal, Electric Cars, emmissions scandal, Estonia, Estonian banks, EU, EU antitrust mergers rules, European Central Bank, Facebook, fair competition, free market, Germans, Germany, James von Moltke, John Cryan, Mergers and Acquisitions, Microsoft, Monsanto, Paul Achleitner, Tesla, TIME WARNER, tweeter, Uber, US, Volkswage Emmissions, VW

The EU Commission implicates major banks in cartel cases, threatens with devastating fines

May 22, 2014 by Elias Lacon Leave a Comment

Three major international banking firms Crédit Agricole, HSBC and JPMorgan Chase came yesterday again under the watchful eye of the European Commission, for their role in financial sector cartels (interest rates and derivatives denominated in euro). It’s about financial products based on the Euribor (euro interbank offered rate), an interest rate benchmark. This interest rate […]

Filed Under: Competition, Policy Tagged With: banks, cartel, derivatives, dollar, Euribor, euro, interest rates, Libor, yen

Why banks escape from competition rules but not pharmaceutical firms

December 7, 2012 by George Pepper 1 Comment

Antitrust EU Commission services have an excellent record in identifying, monitoring, substantiating with facts and finally punishing cartels and dominant position abuses. This last week two concrete cases stand witnesses to that.Protecting consumers In the first case the European Court of Justice rejected an appeal against a General Court’s decision, which had upheld almost completely […]

Filed Under: Business, Competition, Health & Pharma, Policy Tagged With: anti-ulcer medicine, antimonopoly rules, AstraZeneca, cartel, cartels, Chunghwa, dominant position, European Court of Justice, LG Electronics, Losec, MTPD, Panasonic, Philips, Samsung SDI, Technicolor, Toshiba

Monkeypox, an emerging pandemic

November 16, 2022

This article was written for The European Sting by one of our passionate readers, Ms. Maryam Omar Alamodi, a 4th year medical student at Alfaisal University, college of Medicine in Riyadh, Saudi Arabia. The opinions expressed within reflect only the writer’s views and not necessarily The European Sting’s position on the issue. While the world is […]

The Baltic States and the European Defence Fund: results for the first call available

August 9, 2022

This article was written for The European Sting by one of our passionate readers, Mr Donatas Palavenis. The opinions expressed within reflect only the writer’s views and not necessarily The European Sting’s position on the issue. The commentary reviews the results of the 2021 Calls for Proposals for the European Defence Fund (EDF) where participants from […]

Georgia’s EU bid: chasing a solution to domestic issues?

August 8, 2022

This article was written for The European Sting by the political correspondent Ms. Katarzyna Rybarczyk. The opinions expressed within reflect only the writer’s views and not necessarily The European Sting’s position on the issue. Since the European Union Monitoring Mission in Georgia began in 2009, Georgia has come a long way in terms of preparing to […]

Putin and turning the other cheek

June 7, 2022

This article was written for The European Sting by one of our passionate readers, Mr Tomasso Merlo. The opinions expressed within reflect only the writer’s views and not necessarily The European Sting’s position on the issue. Ukraine had to open its doors to Putin, had to let him get to Kiev and at that point launch […]

COP 26: Goals & Critical Criticism

March 11, 2022

This article was written for The European Sting by one of our passionate readers, Dr Animesh Upadhyay. The opinions expressed within reflect only the writer’s views and not necessarily The European Sting’s position on the issue. The 26th Conference of the Parties lasted from the 31st of October 2021, until the end of 12thNovember 2021. One […]

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

Antitrust: Commission fines three EU railway companies €48 million for customer allocation cartel

Mainland Europe adopts Germanic cartel business patterns

The EU Commission implicates major banks in cartel cases, threatens with devastating fines

Why banks escape from competition rules but not pharmaceutical firms

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MEPs assess Commission’s rule of law monitoring in the member states

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Competition: EU-US hold third Joint Technology Competition Policy Dialogue

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Commission proposes more transparency and less red tape for companies to improve business environment in the EU

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