Navigation path

Login   |   Register
 

Advanced search Search in:    Audio    Photo    Video    Shotlist


OR









Press conference by Joaquín Almunia on two antitrust decisions

96 views

On 2 April 2014, Joaquín Almunia, Vice-President of the EC in charge of Competition, gave a press conference on two antitrust decisions. The European Commission found that 11 producers of underground and submarine high voltage power cables operated a cartel. The EC imposed fines totalling €301 639 000 for these producers. Such cables were typically used to connect generation capacity to the electricity grid or to interconnect power grids in different countries. From 1999 onwards and for almost ten years, these companies shared markets and allocated customers between themselves on an almost worldwide scale. Part of this plan was to allocate important high voltage power cable projects in the European Economic Area (EEA), including large infrastructure and renewable energy projects such as offshore wind farms. The European Commission also found that Ervin, Winoa, Metalltechnik Schmidt and Eisenwerk Würth participated in a cartel to coordinate prices for steel abrasives in Europe for over six years and imposed fines totalling € 30 707 000. Steel abrasives were loose steel particles used for cleaning or enhancing metal surfaces in the steel, automotive, metallurgy and petrochemical industries. They were also used for cutting hard stones such as granite and marble.

Type: Complete press conference   Reference: I-088043   Date: 02/04/2014   Duration: 24:19 Location: Brussels - EC/Berlaymont  
Languages: ORIGINAL
© European Union2014   /   Source: Producer: EC - Audiovisual Service   /   Producer: Executive producer: ALL TV
To download, please log in



Related media

24:19 Press conference by Joaquín Almunia on two antitrust decisions
Press conference by Joaquín Almunia on two antitrust decisions
Ref: I-088043
Date: 02/04/2014
00:44  Recorded cutaways
Recorded cutaways
Ref: I-088044
Date: 02/04/2014
14:55  Q&A
Q&A
Ref: I-088271
Date: 02/04/2014
08:40  Press conference opening remarks by Joaquín ALMUNIA, Vice-President of the EC in charge of Competition
Press conference opening remarks by Joaquín ALMUNIA, Vice-President of the EC ...
Ref: I-088272
Date: 02/04/2014
02:46 Extracts from the press conference by Joaquín Almunia on fines to producers of high voltage power cables for operating a cartel
Extracts from the press conference by Joaquín Almunia on fines to producers of ...
Ref: I-088045
Date: 02/04/2014
03:30 Extracts from the press conference by Joaquín Almunia on fines producers of steel abrasives € 30.7 million in cartel settlement
Extracts from the press conference by Joaquín Almunia on fines producers of ...
Ref: I-088273
Date: 02/04/2014


You don't find what you are looking for? Ask us!


Thu 12/05
European Commission - Upcoming events The news: The tenth edition of the European Development Days will take place in Brussels on 15-16 June.   The background: The European Development Days is Europe’s leading forum on international cooperation and development.
Fri 20/05
European Commission - Upcoming events The news: The Commission will host Green Week, the biggest annual occasion to discuss European environment policy, taking place from Monday, 30 May to Friday, 3 June 2016. This year's theme is on "Investing for a greener future": how investment should integrate economic opportunity with...
Wed 16/03
European Commission - Upcoming events The news: The 42nd edition of the G7 will take place from 26 to 27 May in Ise-Shima, in the Mie Prefecture (Japan), under Japanese presidency. The European Union, who is a full member of the G7 (and the G20), will be jointly represented by...
Fri 27/05
European Commission - Commissioners' weekly activities Brussels, 27 May 2016   (Susceptible de modifications en cours de semaine) Déplacements et visites   Lundi 30 mai President Jean-Claude Juncker delivers a speech at the event marking the 40 years of European People's Party, in Luxembourg.
Fri 27/05
European Commission - Press release Brussels, 27 May 2016 The European Commission has found German plans to grant €1.6 billion public financing for mothballing and subsequently closing eight lignite-fired power plants to be in line with EU state aid rules.
Fri 27/05
European Commission - Press release Brussels, 27 May 2016 The Commission has found Spanish plans to grant €2.13 billion for the orderly closure of 26 uncompetitive coal mines to be in line with EU state aid rules. The aid aims to alleviate the social and environmental impact of the mine...
Fri 27/05
European Commission - Press release Brussels, 27 May 2016 High Representative/Vice-President Federica Mogherini was in Colombia this week, where she announced new EU support for conflict affected regions, green growth and land rights together with a series of immediate actions to support Colombia.
Fri 27/05
European Commission - Daily News Daily News 27 / 05 / 2016 Brussels, 27 May 2016 Investment Plan for Europe: EIF and Equa bank sign an agreement to benefit Czech SMEs The European Investment Fund (EIF) and Equa bank have signed a COSME agreement in the Czech Republic, benefiting from...
Fri 27/05
European Commission - EUROSTAT Brussels, 27 May 2016 In the European Union (EU), household electricity prices rose by 2.4% on average between the second half of 2014 and the second half of 2015 to reach €21.1 per 100 kWh. Since 2008, electricity prices in the EU have risen by 33%.
Fri 27/05
European Commission - Statement Brussels, 27 May 2016 Preamble   We, the leaders of the G7, met in Ise-Shima on 26 and 27 May 2016 to address major global economic and political challenges. Global growth remains moderate and below potential, while risks of weak growth persist.


Go to rss page Go to EU Tube page Go to twitter page Go to facebook page Go to contact page


Credit © European Union, 2016