Competition weekly news summary
Friday, May 20, 2011

Conferences and Speeches

  • A new decade for the International Competition Network
    10th Annual Conference of the International Competition Network, The Hague, Joaquín Almunia
    18 May 2011
    "In the years to come our countries will have to tackle the regulatory gaps that originated or facilitated the crisis. And I believe that competition authorities should become more involved in the design of a modern and effective regulatory framework. Many members of the ICN have powers to give opinions to their governments and legislators or to intervene directly in the legislative process. Let's use these powers in our respective jurisdictions and leverage each other's efforts."
    Read full speech >
  • Competition Policy Issues in Financial Markets
    CASS Business School, London, Joaquín Almunia
    16 May 2011
    "Regulatory initiatives have gone a long way to increasing transparency of over-the-counter trade vis-à-vis regulators. But for a market to function well there must also be transparency vis-à-vis all market players. Market data that are necessary for a good appreciation of market conditions and for the efficient supply of information, trading and clearing services are not sufficiently available to market participants for many financial products. I think it is time we examined the control and dissemination of market data to establish whether there is abusive behaviour on the part of their owners attempting to leverage privileged access to information to foreclose rivals or distort the market. I also intend to discuss the legitimate scope of intellectual property rights claims on such data."
    Read full speech >

Competition

  • Commission publishes 7th ECN brief
    16 May 2011
    The Commission has published the May edition of its newsletter on the European Competition Network (ECN). The 7th edition covers news from February to May 2011, including several cases related to consumer products, developments in sector inquiries as well as changes in competition legislative frameworks.
    Go to full ECN brief >

Antitrust

  • Commission confirms unannounced inspections in the container liner shipping sector
    17 May 2011
    On 17th May 2011 Commission officials carried out unannounced inspections at the premises of companies active in container liner shipping in several Member States. The Commission has reason to believe that the companies concerned may have violated EU antitrust rules that prohibit cartels, restrictive business practices or the abuse of a dominant market position.
    Read more >
  • Commission market tests Standard & Poor's commitments on international securities identification numbers
    16 May 2011
    The Commission is asking interested parties to comment on Standard & Poor's offer to change its pricing policy in Europe with regard to the distribution of International Securities Identification Numbers (ISINs) issued in the US. This is to address concerns that S&P is overcharging for the use of these numbers by information service providers and banks in Europe. If the commitments appear suitable to remedy the competition concerns, the Commission may make them binding on Standard & Poor's.
    Read more >

Mergers

  • Commission clears proposed joint venture between Dutch pharma company DSM and Sinochem
    19 May 2011
    The Commission has cleared the proposed joint venture between the Dutch pharmaceutical company DSM and Sinochem, a Chinese state-owned conglomerate. The joint venture will primarily be active in the field of certain antibiotics and other anti-infective products. The Commission carefully examined the effects of the proposed transaction, including a possible coordination by the Chinese state of the market behaviour of different state-owned firms. The Commission concluded that even if all Chinese state-owned firms acted as one, there would still be a sufficient level of competition in the markets concerned.
    Read more >
  • Commission clears acquisition of Dionex by Thermo Fisher
    13 May 2011
    The Commission's investigation focused mainly on the segment of nano-liquid chromatography ("Nano-LC") instruments, where the activities of the parties principally overlap. The Commission found that Thermo Fisher and Dionex are not each others' closest competitors in this segment and that the combined entity will continue to face significant competitors.
    Read more >

State aid

  • Commission proposal to cut red tape on Member States' reporting obligations in state aid field
    20 May 2011
    The Commission has launched a public consultation on its proposal to amend the reporting obligations of Member States in the State aid field. The objective of the proposal is to reduce the administrative burden and to improve data collection in the context of the annual reporting exercise. Stakeholders can submit comments until 20 July 2011.
    Go to consultation page >

Court

  • T-423-07 Ryanair / Commission
    19 May 2011
    The General Court ruled on an appeal by Ryanair, that alleged that the Commission had failed to adopt a position on the applicant’s complaint about (i) alleged state aid to Lufthansa and its partners in the star alliance and (ii) the alleged abuse of a dominant position by the Munich airport. The Court confirmed the Commission's position and rejected all claims.
    Read full judgment >
  • Case T-1/08 Buczek Automotive / Commission
    17 May 2011
    The General Court ruled on an appeal against a Commission decision of October 2007 finding that Buczek had received incompatible state support. The Court annulled parts of the 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.

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

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