Competition weekly news summary
Friday, March 12, 2010

Conferences and Speeches

  • EU Antitrust policy: the road ahead
    International Forum on EU Competition Law, Brussels, Joaquín Almunia
    9 March 2010
    "The EU2020 strategy aims to focus Member State and Commission action on four key principles: innovation, competitiveness, protection of the environment and social cohesion. I believe that competition policy can contribute significantly to each of those objectives."
    Read more >

Antitrust

  • Commission market tests commitments proposed by BA, AA and Iberia for transatlantic co-operation
    10 March 2010
    The Commission invited interested parties to comment on commitments proposed by British Airways, American Airlines and Iberia to address concerns that their planned alliance may harm consumers on transatlantic routes. The parties have notably offered to make landing and take off slots available at London Heathrow, London Gatwick and/or New York John F. Kennedy airports to facilitate entry of competitors on routes to New York, Boston, Dallas and Miami.
    Read more >

Mergers

  • Commission approves acquisition of Black & Decker by Stanley Works
    12 March 2010
    The Commission's market investigation showed that the products offered by the parties do not compete closely with each other and that the combined entity would continue to face several strong competitors with significant market shares. The investigation also found that the merged entity would not have the ability nor the incentive to close off rival manufacturers from the market through its increased product portfolio, as it will continue to face significant competition and customers retain ample sources of supply.
    Read more >

State aid

  • Commission approves support for Top Gas Recycling project in Germany
    9 March 2010
    The Commission authorised an investment aid of €30.18 million granted by Germany for ArcelorMittal Eisenhuettenstadt GmBH's "Top Gas Recycling" (TGR) project. TGR is an innovative process that enables the separation of CO2 from other emission gases as they come out of the furnace and recycles the CO2-free emissions for the production of steel. The Commission concluded that the environmental benefits triggered by the aid would largely outweigh potential distortions of competition.
    Read more >

Court

  • C-1/09 CELF / SIDE
    10 March 2010
    The Court of Justice ruled on an preliminary question referred by a French Court concerning the recovery of illegal state aid from the French book export agent CELF. The CoJ confirmed that national courts may not suspend national proceedings aimed at the recovery of illegal aid, to await the outcome of a parallel Commission investigation. Moreover, the CoJ held that the fact that three Commission decisions approving the aid had subsequently been annulled by EU Courts, did not free national Courts from their obligation to order the repayment of the aid.
    Judgment >
  • Dutch case: Inspecteur van de Belastingdienst - X BV
    3 March 2010
    A Dutch Appeal Court has set aside an earlier ruling of a Dutch District Court that had allowed a company to partly deduct a fine imposed by the Commission from its taxable profits. The "Gerechtshof te Amsterdam" annulled the ruling and held that fines imposed by the Commission for a cartel law infringement are not deductible from taxes. The Court thereby followed the line submitted by the Commission in its amicus curiae intervention.
    The original cartel case>

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Published by the Competition Directorate General of the European Commission. The content of this publication does not necessarily reflect the official position of the European Commission. Neither the Commission nor any person acting on its behalf is responsible for the use which might be made of the above information.

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