Competition weekly news summary
19 October 2012

Conferences and Speeches

  • Competition enforcement in the EU: Beyond the integration of Markets
    The citizen at the heart of EU law: 20th anniversary of the Academy of European Law (ERA), Trier, Joaquín Almunia
    19 October 2012
    "All our instruments – from State aid through mergers to antitrust – have given tangible expression to Europe’s core principles. By equipping the EU with a solid common body of law, we have given our citizens and companies one of the most valuable parts in the acquis of the Union. EU competition law, with its unique scope encompassing both private companies and governments, has now become part of our core European heritage."
    Read full speech >

Competition

  • European Competition Network's news brief August to October 2012
    15 October 2012
    The ECN has published its latest news brief on the activities since August 2012 of its members, the Commission and the national competition authorities (NCAs) of EU Member States. This issue shows that next to enforcement actions, the NCAs have been active advocates of competition vis-à-vis their governments, in particular in the area of pharmaceuticals, automotive aftermarkets and the liberal professions. It also reports on new guidance on penalties for the breach of competition law, that has been adopted in the UK. Moreover, this issue highlights that authorities are bringing inquiries in a range of sectors including ports, e-commerce, gas, sunflower oil, fuel, banking and finance.
    Go to October 2012 ECN news brief >

Mergers

  • Commission clears acquisition of German press manufacturer Schuler by rival Andritz
    16 October 2012
    The Commission has cleared the proposed acquisition of the German press manufacturer Schuler by the Austrian plants and equipment supplier Andritz. The Commission concluded that the transaction would not raise competition concerns, because it would not significantly alter the market structure and the merged entity would continue to face sufficient competition.
    Read more >

State aid

  • Commission investigates Italian measures reducing taxes and social contributions in areas affected by natural disasters
    17 October 2012
    The Commission has opened an in-depth investigation to examine whether Italian measures to reduce taxes and contributions due by companies in areas affected by natural disasters, mainly earthquakes and floods, are in line with EU state aid rules. These rules allow Member States to make good damages caused by natural disasters. The Commission is concerned that the measures granted may have gone beyond compensating the actual damage suffered.
    Read more >
  • Commission clears creation of UK Green Investment Bank
    17 October 2012
    The Commission has concluded that public funding of 3 billion GBP (around €3.7 billion) granted by the United Kingdom for the creation of a bank investing in environmentally friendly projects, is in line with EU state aid rules. The Green Investment Bank (GIB) will invest only in projects that could not obtain sufficient funding from the markets. The set-up of the GIB is expected to further the UK's 2020 target in reducing carbon emissions and accelerate the development of a "green economy".
    Read more >

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

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