Navigation path

Login   |   Register

Advanced search Search in:    Audio    Photo    Video    Shotlist


OR









Press conference by Joaquín Almunia on the EC block of proposed acquisition of TNT Express by UPS

0 views

On 30 January 2013, Joaquín Almunia, Vice-President of the EC in charge of Competition, held a press conference on the EC block of proposed acquisition of TNT Express by UPS.The European Commission has prohibited under the EU Merger Regulation the proposed acquisition of TNT Express by UPS. The Commission found that the take-over would have restricted competition in 15 Member States when it comes to the express delivery of small packages to another European country. In these Member States, the acquisition would have reduced the number of significant players to only 3 or 2, leaving sometimes DHL as the only alternative to UPS. The concentration would therefore have likely harmed customers by causing price increases. During the investigation, UPS offered to divest TNT's subsidiaries in these 15 countries and allow the buyer to access its intra-European air network for five years. The Commission carried out an in-depth assessment, including a market test where customers and other interested parties were consulted. However, these remedies proved inadequate to address the identified competition concerns.

Type: Complete press conference   Reference: I-076006   Date: 30/01/2013   Duration: 35:49
Personalities:   Almunia, Joaquín  
Location: Brussels - EC/Berlaymont  
Languages: ORIGINAL

Tags: Competition | Merger
RAPID: INFO PRESS, SPEECH,
© European Union, 2013   /   Source: EC - Audiovisual Service
To download, please log in






Related videos

01:55 Extracts from the press conference by Joaquín Almunia on the EC block of proposed acquisition of TNT Express by UPS
Extracts from the press conference by Joaquín Almunia on the EC block of ...
Ref: I-076010
Date: 30/01/2013
35:49 Press conference by Joaquín Almunia on the EC block of proposed acquisition of TNT Express by UPS
Press conference by Joaquín Almunia on the EC block of proposed acquisition of ...
Ref: I-076006
Date: 30/01/2013

Related photos

Press conference by Joaquín Almunia, Vice-President of the EC, on the decision of the EC regarding the proposed acquisition of TNT Express by UPS
Press conference by Joaquín Almunia, Vice-President of the EC, on the decision ...
Ref: 022625
Date: 30/01/2013
Video Player   Need some help?


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


Fri 20/07
European Commission - Commissioners' weekly activities Brussels, 20 July 2018 (Susceptible de modifications en cours de semaine) Déplacements et visites   Lundi 23 juillet 2018 Mr Frans Timmermans, in the Hague, the Netherlands, joins a beach clean-up with Mr Merijn Tinga, the 'Plastic Soup Surfer' and a group of guides...
Fri 20/07
European Commission - Daily News Daily News 20 / 07 / 2018 Brussels, 20 July 2018 Hungary: EU invests in the reconstruction of the South-Balaton railway line €193 million from the Cohesion Fund will be invested in the reconstruction and modernisation of the railway line betweenSzékesfehérvár and Keszthely around Lake...
Fri 20/07
European Commission - EUROSTAT Brussels, 20 July 2018 At the end of the first quarter of 2018, the government debt to GDP ratio in the euro area (EA19) stood at 86.8%, compared with 86.7% at the end of the fourth quarter of 2017.
Fri 20/07
European Commission - EUROSTAT Brussels, 20 July 2018 In the first quarter of 2018, the seasonally adjusted general government deficit to GDP ratio stood at 0.1% in the euro area (EA19), a decrease compared with 0.6% in the fourth quarter of 2017.
Thu 19/07
European Commission - Press release Brussels, 19 July 2018 The European Commission has today adopted a Communication outlining the ongoing work on the preparation for all outcomes of the United Kingdom's withdrawal from the European Union.
Thu 19/07
European Commission - Press release Brussels, 19 July 2018 Securities markets: Commission refers Slovenia and Spain to the Court of Justice for failing to fully enact EU rules on markets in financial instruments The European Commission decided today to refer Slovenia and Spain to the Court of Justice of the...
Thu 19/07
European Commission - Press release Brussels, 19 July 2018 The Commission has today issued guidance to help EU investors to invoke their rights before national administrations and courts and to help Member States to protect the public interest in compliance with EU law.
Thu 19/07
European Commission - Press release Brussels, 19 July 2018 The European Commission has today decided to refer Hungary to the Court of Justice of the European Union (CJEU) for non-compliance of its asylum and return legislation with EU law.
Thu 19/07
European Commission - Press release Brussels, 19 July 2018 Commission refers Ireland to the Court. The European Commission decided today to refer Ireland to the Court of Justice of the EU for failing to correctly implement EU law establishing the fundamental principles governing the investigation of accidents in maritime transport...
Thu 19/07
European Commission - Press release Infringements: Infringements: Brussels, 19 July 2018 Today, the Commission referred Greece and Romania to the Court of Justice of the EU for failing to implement the 4th Anti-Money Laundering Directive into their national law.

Go to useful links page Useful links

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


Credit © European Union, 2018