Competition weekly news summary
Friday, October 15, 2010

Conferences and Speeches

  • Common standards for group claims across the EU
    University of Valladolid, School of Law, Valladolid, Joaquín Almunia
    15 October 2010
    "Once we have agreed on the common principles, I intend to present to the Commission a specific proposal on antitrust damages actions, hopefully in the second half of 2011. The initiative will set common standards and minimum requirements for national systems of antitrust damages actions to ensure that rights are a reality for all."
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Mergers

  • Commission approves acquisition of payment services provider RBS WorldPay by private equity firms Advent International Corporation and Bain Capital Investors
    14 October 2010
    The Commission's investigation has shown that the acquisition by Advent and Bain will not raise any competition conerns as none of Advent's or Bain's fund companies are active in merchant payment processing services or in closely related markets.
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  • Commission clears proposed acquisition of Charden International by investment company CVC
    12 October 2010
    The Commission's analysis showed that the merged entity would have neither the ability nor the incentive to shut off competitors, because competitors of Autobar in the vending services market will be able to source from alternative suppliers. Moreover, sugar confectionery and gum make up only for a very small share of total vending sales.
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State aid

  • Commission opens probe into preferential real estate tax regime for non commercial entities in Italy
    12 October 2010
    The Commission opened an in-depth investigation to establish whether the municipal tax exemption granted by Italy to real estate used by non commercial entities for specific purposes constitutes illegal state aid. At this stage, the Commission considers, in particular, that the real estate in question could also be used for commercial activities and that these tax exemptions could therefore distort competition.
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  • Commission clears France's Carte musique to encourage legal downloads of music
    12 October 2010
    The Commission approved a French scheme that subsidises legal downloads of music by French residents aged 12 to 25 years. The Commission found the measure to be in line with EU state aid rules because it is well designed to achieve its objective, is limited in time and scope and contains safeguards to limit potential distortions of competition.
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  • Commission clears aid for rehabilitating polluted site in Austria
    12 October 2010
    The Commission authorised a grant of approximately €146.27 million to Voestalpine Stahl for the remediation of a site owned by the company in Linz (region of Upper Austria). The Commission found the state support to be in line with EU state aid rules, because it respects the "polluter pays" principle and does not result in overcompensation.
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  • Commission carries out in-depth review of restructuring of Irish building society EBS
    11 October 2010
    The Commission opened an in-depth investigation into the proposed restructuring of Educational Building Society (EBS), Ireland's biggest building society, that has benefitted from state support in various forms. At this stage, the Commission has doubts whether the distortions of competition caused by the aid are sufficiently addressed in the restructuring plan.
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Court

  • C-280/08 Deutsche Telekom / Commission
    14 October 2010
    The Court of Justice ruled on an appeal by Deutsche Telekom against a decision of the General Court that had upheld a Commission decision of 2003, finding that Deutsche Telekom had squeezed its competitors out of the market by charging abusive prices to access its network. The Court dismissed the appeal and confirmed the Commission's decision in all points.
    Read more >
    Read full judgment >
    Read full first instance judgment >
    Read more about initial Commission decision >
  • C-67/09 Nuova Agricast and Cofra / Commission
    14 October 2010
    The Court of Justice ruled on appeals by two Italian companies against a General Court judgment of 2008, that had dismissed their actions for damages against the Commission in relation to the procedure leading to the Commission's approval of an Italian regional aid scheme, in July 2000. The Court rejected the appeals and confirmed that the extra contractual liability of the Commission was not engaged.
    Read full judgment >
    Read full first instance ruling >
    Read more about original Commission decision >

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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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