Competition weekly news summary
1 June 2012

Competition

  • European Competition Network publishes May issue of ECN news brief
    31 May 2012
    The European Competition Network (ECN), composed of the competition authorities of the EU Member States and the European Commission has published its 12th news brief. This issue reports, among others, about a Resolution of the Heads of the European Competition Authorities on the Protection of leniency material in the context of civil damages actions and about the recent ECN reports on competition enforcement in the food and the payments sectors.
    Read full ECN brief >

Mergers

  • Commission approves acquisition of controlling stake in German glass producer Interpane by Japanese glass producer Asahi Glass
    29 May 2012
    The Commission has cleared the proposed acquisition of a controlling stake in Interpane International Glas GmbH of Germany and Interpane Glass Holding AG of Switzerland (together "Interpane") by AGC Glass Europe SA of Belgium, controlled by Asahi Glass of Japan. Interpane's current owner, the Hesselbach family, will hold the remainder (also a controlling stake) through its holding company Helgejos Glass Holding AG. Both Interpane and Asahi are active in the production and processing of flat glass. The Commission concluded that the proposed transaction would not raise competition concerns because the merged entity would continue to face sufficient competition.
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State aid

  • Commission consults on draft Guidelines for broadband networks
    1 June 2012
    The Commission is inviting comments on the application of EU state aid rules to the public funding of broadband networks. The key issue for discussion is how to adapt the current Guidelines to the objectives of the EU Digital Agenda. In line with the Commission's state aid modernisation package, the proposed changes aim to ensure that state aid policy in the broadband sector focusses on facilitating well-designed aid targeted at market failures and objectives of common European interest, streamlining rules and taking faster decisions. Comments on the draft guidelines should be submitted by 3 September. On the basis of the comments received, the Commission intends to adopt definitive Broadband Guidelines in December 2012.
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  • Overview of decisions and on-going in-depth investigations in the context of the financial crisis
    1 June 2012
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  • Commission extends in-depth investigation into the orderly resolution plan of the Dexia group and temporarily approves prolongation of the refinancing guarantee to Dexia SA and DCL
    31 May 2012
    The Commission has extended the scope of an in-depth investigation opened in December 2011 into the restructuring of Dexia, to include the orderly resolution plan of Dexia SA submitted on 21 and 22 March 2012. In a separate decision, the Commission has approved until 30 September 2012 a new guarantee of Belgium, France and Luxembourg covering the group's refinancing needs.
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  • Commission approves restructuring aid for the sale of Spanish Banco CAM to Banco Sabadell
    30 May 2012
    The Commission has concluded that restructuring aid granted by Spain to Banco CAM in the context of the sale of its banking activities to Banco Sabadell was in line with EU state aid rules. The Commission found that the restructuring plan adequately addresses the problems that led to the bail-out of the bank in July 2011. The disappearance of Banco CAM from the market as an independent entity, the sale of its banking business to Banco Sabadell and the deep restructuring foreseen should ensure long-term viability without continued state support, whilst avoiding undue distortions of competition.
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  • Commission opens in-depth investigation on 60€ million public service compensation planned for Simet SpA
    30 May 2012
    The Commission has opened an in-depth investigation to examine whether a compensation decided by the Italian Consiglio di Stato in favour of Simet SpA for bus services provided between 1987 and 2003 is compatible with EU state aid rules. On the basis of available information, the Commission has doubts that a public service compensation is necessary to retroactively finance services that were provided years ago and for which it is not clear that there was a genuine public service obligation.
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  • Commission opens in-depth investigation into potential state aid at Beauvais airport in France
    30 May 2012
    The Commission has opened an in-depth investigation to assess whether financial arrangements between public authorities and the airport of Beauvais (France), as well as rebates and marketing agreements concluded between this airport and its customer airlines, are in line with EU state aid rules.
    Read more >

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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, 2012. Reproduction is authorised provided the source is acknowledged.

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