Competition weekly news summary
Friday, December 10, 2010

Conferences and Speeches

  • LCD cartel, Visa and French chemists' association decisions
    Press conference, Brussels, Joaquín Almunia
    8 December 2010
    "Foreign companies, like European ones, have an obligation to respect competition rules when they do business in Europe. The fact that the cartel meetings took place outside the EU is no excuse."
    Read full speech >

Antitrust

  • Commission opens antitrust proceedings against a number of cement manufacturers
    10 December 2010
    The Commission opened anti-trust proceedings against a number of cement manufacturers for suspected breaches of EU rules banning restrictive business practices. The Commission intends to investigate in particular possible import/export restrictions, market sharing and price coordination in the markets for cement and related products.
    Read more >
  • Commission rules against the Ordre national des pharmaciens for restrictions on competition in the French clinical analysis market
    8 December 2010
    The Commission fined the French Association of Pharmacists (ONP) and its governing bodies €5 millions for imposing minimum prices on the French market for clinical laboratory tests and hindering the development of groups of laboratories in this market. The behaviour in question has damaged patients and the State, which have paid more for clinical tests than if competition had been allowed to develop.
    Read more >
  • Commission makes Visa Europe's commitments to cut interbank fees for debit cards legally binding
    8 December 2010
    The Commission has made legally binding commitments offered by Visa Europe to significantly cut its multilateral interchange fees (MIFs) for debit card payments. Under the commitments, the maximum weighted average MIF applicable to debit card cross border transactions and to certain national debit transactions will be cut by around 60% for domestic MIFs and 30% for cross-border MIFs. The Commission considers that the offer is suitable to remedy the competition concerns and closed part of its investigation.
    Read more >
  • Commission fines six LCD panel producers €648 million for price fixing cartel
    8 December 2010
    The Commission has fined six LCD panel producers a total of €648 925 000 for operating a cartel which harmed European buyers of television sets, computers and other products that use Liquid Crystal Displays. The six are Samsung Electronics and LG Display of Korea and Taiwanese firms AU Optronics, Chimei InnoLux Corporation, Chunghwa Picture Tubes and HannStar Display Corporation. Samsung Electronics received full immunity from fines under the Commission's leniency programme, as it was the first to provide information about the cartel.
    Read more >

Mergers

  • Commission approves proposed acquisition of ADC Telecommunications by Tyco Electronics
    7 December 2010
    The Commission's investigation showed that the parties' product portfolios were largely complementary. The Commission also found that the combined entity will continue to face large and effective European competitors together with increasing competition from Asian suppliers.
    Read more >

Court

  • Joined cases T-494/08 to T-500/08 and T-509/08 Ryanair / Commission
    10 December 2010
    The General Court ruled on several actions by Ryanair against Commission decisions that had rejected Ryanairs request for access to documents in ongoing state aid procedures. The General Court dismissed the actions by Ryanair and confirmed that documents regarding ongoing state aid procedures are under a general presumption of inaccessibility.
    Read full judgment >
  • C-439/08 VEBIC
    7 December 2010
    The Court of Justice ruled on a preliminary question by the Brussels Court of Appeal regarding the status of a national competition authority before national courts reviewing its competition decision. The Court held that a national law is contrary to EU law if it does not provide the possibility for a national competition authority to participate as defendant in review proceedings against its own competition decisions.
    Read full judgment >
  • T-11/07 Frucona Košice / Commission
    7 December 2010
    The General Court ruled on an appeal by Frucona Kosice against a Commission decision of 7 June 2006, that had found aid granted in favour of the applicant incompatble and had ordered its recovery. The General Court dismissed the appeal and upheld the Commisison's decision.
    Read full judgment >
    Read more about initial 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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