Competition weekly news summary
26 April 2013


Conferences and speeches

  • The evolutionary pressure of globalisation on competition control
    ICN 12th annual conference, Warsaw, Joaquín Almunia
    24 April 2013
    "The growth in trade and investment and the progressive integration of our economies have brought cheaper goods on world markets and pulled millions of people out of poverty. Of course, globalisation has also brought challenges and risks, but we should look at the whole picture when we assess the pros and cons. On balance, the rise of world trade has promoted growth and has built international confidence and cooperation. The integration of world economies is a historical trend. It would be foolish to try and stop it. What we can and should do, is get together to channel its force. This way we can minimise the tensions it generates and maximise the benefits it brings to us all. The EU itself – the only workable experiment in regional integration – can be described today as an attempt to manage globalisation. And in its own but important way, this is also what the ICN does. More and more of the cases that cross our desks involve companies that operate in a global market. This is why we must multiply our bilateral and multilateral exchanges to carry out our control in the best possible conditions."
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Antitrust

  • Commission seeks feedback on commitments offered by Google to address competition concerns
    25 April 2013
    The Commission invites comments from interested parties on commitments offered by Google in relation to online search and search advertising. The Commission has concerns that Google may be abusing its dominant position in the markets for web search, online search advertising and online search advertising intermediation in the EEA.
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  • Commission sends statement of objections to suspected participants in smart card chips cartel
    22 April 2013
    The Commission has informed a number of suppliers of smart card chips of its preliminary view that they may have participated in a cartel, in breach of EU antitrust rules. Smart card chips are used in mobile phone SIM cards, bank cards, passports, identity cards, Pay TVs and numerous other applications. The Commission has concerns that certain chips suppliers may have agreed or coordinated their behaviour in the EEA in order to keep prices up. The Commission initially agreed to explore the possibility of a settlement with the companies involved but has now discontinued the talks due to lack of progress.
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Mergers

  • Commission opens in-depth investigation into proposed acquisition of Olympic Air by Aegean Airlines
    23 April 2013
    The Commission has opened an in-depth investigation into the proposed acquisition of Olympic Air by Aegean Airlines. The companies are the two main Greek airlines offering passenger air transport services on Greek domestic and international routes. Each of the companies operates a base at Athens International Airport. The Commission has concerns that the transaction may lead to price increases and poorer service on several domestic Greek routes out of Athens, where the merged entity would have a monopoly or an otherwise strong market position.
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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.

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