Competition weekly news summary
8 June 2012

Conferences and Speeches

  • Antitrust enforcement: Challenges old and new
    19th International Competition Law Forum, St. Gallen, Joaquín Almunia
    8 June 2012
    "Keeping the Single Market open, integrated and fair has never been more important. I cannot see a better platform on which a dynamic and competitive economy can flourish again in our continent."
    Read full speech >
  • The State Aid Modernisation Initiative
    EStALI – European State Aid Law Institute 10th Experts' Forum on New Developments in European State Aid Law, Brussels, Joaquín Almunia
    7 June 2012
    "The twin needs to consolidate public budgets and relaunch a sluggish economy pose difficult and sometimes conflicting demands; but I’m convinced that stability and growth can be reconciled – and a new State aid policy can help a lot. The regime that will emerge from the reform must help EU governments make the best use of taxpayers’ money and, at the same time, it can help them boost growth and create jobs."
    Read full speech >

Mergers

  • Commission approves acquisition of beer brewer Starbev by international brewing company Molson Coors
    6 June 2012
    The Commission has cleared the proposed acquisition of StarBev Holdings, registered in Luxembourg and headquartered in the Czech Republic, by the US based Molson Coors Brewing Company, both active in the brewing and distribution of beer. The Commission's investigation confirmed that the proposed operation did not raise competition concerns because it would not significantly alter the market structure.
    Read more >
  • Commission approves acquisition of Dutch pipe systems manufacturer Wavin by Mexican PVC producer Mexichem
    4 June 2012
    The Commission has cleared the proposed acquisition of Wavin, a Dutch manufacturer of pipe systems, by Mexichem Soluciones Integrales Holding of Mexico. The Commission's investigation confirmed that the proposed transaction would not raise competition concerns because the merged entity would continue to face sufficient competition.
    Read more >

State aid

  • Commission temporarily approves increase of refinancing guarantee for Dexia SA and DCL and extends investigation
    6 June 2012
    The Commission has approved a €10 billion increase of the ceiling of a temporary guarantee granted by Belgium, France and Luxembourg to cover the refinancing needs of Dexia SA and DCL. The ceiling is thus raised to a maximal amount of €55 billion. The Commission has temporarily approved the measure until 30 September 2012 in order to preserve financial stability and will take a final decision on its compatibility with EU state aid rules when it has finalised its assessment of Dexia's resolution plan.
    Read more >

Court

  • Case T-214/06 Imperial Chemicals Industries / Commission
    5 June
    The General Court ruled on an appeal by Imperial Chemicals Industries plc (ICI) against a Commission decision of May 2006 fining several companies for operating a cartel in the markets for methacrylates. The General Court dismissed the appeal and entirely upheld the Commission's decision.
    Read full judgment >
    Read more about initial Commission decision >
  • C-124/10 P Commission / EDF
    5 June 2012
    The Court of Justice ruled on an appeal by the Commission against a CFI judgment annulling a Commission decision of 2003 regarding certain measures granted by the French State in favour of EDF. The Court dismissed the appeal and confirmed the earlier judgment.
    Read full ECJ judgment >
    Read full CFI judgment >
    Read more on 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, 2012. Reproduction is authorised provided the source is acknowledged.

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