The next competition news summary will be published on Friday, 9 November 2012.
Conferences and Speeches
Commission's Statement of Objections sent to Microsoft
Statement at the Commission's Midday press briefing, Brussels, Joaquín Almunia
24 October 2012
"Commitments are, in general, a good way to solve antitrust concerns swiftly.
They avoid lengthy proceedings and enable the Commission to obtain concrete results for consumers, while the company is not held liable for an infringement.
But this only works if the commitments are scrupulously complied with.
Therefore, companies should be deterred from any temptation to renege on their promises or even to neglect their duties."
Read full statement >
The Economic and Monetary Union, the euro and the financial crisis
Barcelona Graduate School of Economics Inaugural Lecture, Barcelona, Joaquín Almunia
22 October 2012
In his inaugural lecture at the Barcelona Graduate School of Economics, Vice President Almunia reviewed the steps taken by the EU since the crisis began and outlined what remains to be undertaken:
"We need to regain trust in the euro; correct the macroeconomic imbalances; and continue with the structural reforms to create the conditions for an economic and social revival in Europe."
Following a review of how the Commission has been using the instruments of State aid control to push towards the restructuring of banks since 2008, the Vice-President closed on the need for a genuine democratic debate.
"Nothing can be decided without the informed consent of the people as guaranteed by our democratic processes and institutions.
It is the responsibility of political authorities to illustrate clearly the policy options to the citizens and argue their decisions. […]
The civil society, on its part, has the right to hold the decision-makers accountable for the options they choose."
Read full speech >
Commission sends Statement of Objections to Microsoft on non-compliance with browser choice commitments
24 October 2012
The Commission has informed Microsoft of its preliminary view that Microsoft has failed to comply with its commitments to offer users a choice screen enabling them to easily choose their preferred web browser.
In 2009, the Commission had made these commitments legally binding on Microsoft.
Read more >
Commission approves acquisition of Specialist Computer Holding's IT distribution business by Tech Data Europe
25 October 2012
The Commission has cleared the proposed acquisition of the IT products distribution business of Specialist Computer Holdings of the United Kingdom by Tech Data Europe, a wholesaler of IT, consumer electronics and telecommunication products.
The Commission concluded that the transaction would not raise competition concerns, because the parties have moderate market shares and will continue to face a number of competitors in all the markets concerned.
Read more >