Competition weekly news summary
Friday, April 8, 2011

Conferences and Speeches

  • Recent developments and future priorities in EU competition policy
    International Competition Law Forum, St. Gallen, Joaquín Almunia
    8 April 2011
    "At the end of the day, I hope that we will have contributed to a reform of the financial sector that will avoid that we ever go through a crisis of this amplitude again, and which ensures – if there is a new crisis - that banks, not the taxpayers, pay for it. The Commission is still working with the other EU and global institutions to coordinate enforcement and regulatory measures. As the age of deregulation is coming to an end on a global scale, it is our responsibility to use both regulatory and enforcement action to protect the interests of ordinary citizens and businesses large and small, and set much high standards of transparency and fairness in financial markets."
    Read full speech >

Mergers

  • Commission clears acquisition of German dairy cooperative Hansa by its Danish rival Arla
    1 April 2011
    The Commission’s examination of the proposed transaction showed that the activities of Arla and Hansa are largely complementary since Hansa's activities focus on fresh dairy products, and the German market, where Arla has only limited activities.
    Read more >

State aid

  • Commission consults stakeholders on state aid rules for the aviation sector
    7 April 2011
    The Commission launched a public consultation to get stakeholders' views on the application of the 2005 EU Guidelines on the financing of airports and start-up aid to airlines from regional airports. The Commission also seeks views on the 1994 EU Aviation Guidelines that also contain rules for the assessment of social and restructuring aid for airlines.
    Read more >
  • Commission clears €49.06 million aid for 3Sun’s photovoltaic modules plant in Catania, Italy
    5 April 2011
    The Commission authorised €49 million of regional investment aid for 3Sun, a joint venture between STMicroelectronics, Sharp Corporation and Enel Green Power, for the production of photovoltaic modules in Catania (Sicily), Italy. The Commission found the measure to be compatible with EU state aid rules, because, on balance, the positive effects of the investment on regional development outweigh potential distortions of competition induced by the aid.
    Read more >
  • Commission approves restructuring of ABN AMRO Group, subject to conditions
    5 April 2011
    The Commission has approved a support package and restructuring plan for the ABN AMRO Group, subject to certain conditions designed to consolidate the viability of the group. The package will ensure an appropriate own contribution to the cost of restructuring and prevent that the public funds are used to finance an aggressive business strategy to the detriment of competitors, who have to operate without state aid.
    Read more >
  • Overview of decisions and on-going in-depth investigations in the context of the financial crisis
    5 April 2011
    Go to table >

Subscriptions:

Editorial and legal information

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.

© European Union, 2011. Reproduction is authorised provided the source is acknowledged.

Competition website