Competition weekly news summary
11 October 2013


Conferences and Speeches

  • The ECN, convergence and enforcement of EU competition law: achievements and challenges
    European Competition Day, Vilnius, Alexander Italianer
    3 October 2013
    "A single market requires a level playing field. For that, substantive EU competition law has to be applied consistently throughout the EU. Companies doing business in the European Union need to be sure that Member States do not have different attitudes towards the legality of their commercial activities."
    Read full speech >

Mergers

  • Commission clears Belgian m-commerce joint venture by Belgacom and BNP Paribas Fortis
    11 October 2013
    The Commission has cleared the creation of a joint venture between the Belgian telecommunications operator Belgacom and the bank BNP Paribas Fortis. The joint venture will allow consumers in Belgium to use their mobile devices to purchase goods or services, redeem coupons, or use their loyalty cards when visiting the mobile application of participating merchants. The Commission concluded that the proposed transaction would not raise any competition concerns, in particular because the joint venture will face several credible actual or potential competitors in this growing market.
    Read more >
  • Commission approves acquisition of Greek airline Olympic Air by Aegean Airlines
    9 October 2013
    The Commission has cleared the proposed acquisition of Olympic Air by Aegean Airlines, both Greek air carriers. The Commission's in-depth investigation has shown that Olympic Air would be forced to exit the market in the near future due to financial difficulties if not acquired by Aegean. Once Olympic would be out of business, Aegean would become the only significant domestic service provider and would capture Olympic's current market shares. Therefore, with or without the merger, Olympic would soon disappear as a competitor to Aegean. Thus the merger causes no harm to competition that would not have occurred anyway.
    Read more >
    Read VP Almunia's statement >

Court

  • C-353/12 Commission v Italy (Ixfin recovery case)
    10 October 2013
    A Commission decision of October 2009 had found state aid granted by Italy to IXFIN was incompatible with EU state aid rules and had ordered Italy to recover the aid from the beneficiary within four months. The Commission brought an action before the ECJ because two and a half years after the decision, Italy had still not recovered the aid. The ECJ confirmed that by faling to recover the aid within the prescribed timeframe, Italy had breached its obligations stemming from the Commission's decision.
    Read full judgment >
    Read more about the Commission's 2009 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, 2013. Reproduction is authorised provided the source is acknowledged.

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