Competition weekly news summary
15 November 2013

Conferences and Speeches

  • UBS European Conference 2013
    London, Joaquín Almunia
    12 November 2013
    "Banking and the financial sector have come under increased scrutiny over the past few years. The public opinion and the media are concerned that financial markets are still too complex and opaque and that they may yet pose risks to the economy. Policymakers and regulators are making big efforts to respond to these concerns. Five years into the crisis, revelations of irresponsible and possibly illegal practices keep emerging in the press. As we observe the first signs of recovery after a long period of recession, we need a different kind of finance to sustain it: safer, more transparent, and focussed on financing the real economy. I have no doubt that the comprehensive response the EU has given to the financial crisis will take us closer to this goal. A stronger regulatory framework and the Banking Union will give investors more certainty in the rules of the game; make Europe’s finance more stable; and support its return to growth."
    Read full speech >
  • Competition in the online world
    LSE Public Lecture, London, Joaquín Almunia
    11 November 2013
    "The work that competition authorities carry out in the digital industries is of paramount importance, because the proper functioning of markets in the online world can have a fallout in the performance of many other sectors of the economy. Growth, innovation, and competitiveness in Europe are crucially dependent on our ability to stay in the digital-economy race. On the regulatory side, we must continue to lower barriers to entry; harmonise national markets to complete the Single Market; and address funding problems so that the next success stories of the digital economy are European stories."
    Read more >

State aid

  • Commission adopts new film support rules
    13 November 2013
    The Commission has adopted revised criteria for assessing under EU state aid rules Member States' support schemes in favour of films and other audio-visual works. The new Cinema Communication allows aid for a wider scope of activities, highlights Member States' discretion in defining cultural activities worthy of support, introduces the possibility to give more aid to cross-border productions and promotes film heritage. The Commission took into account the comments received during three public consultations of Member States and stakeholders.
    Read more >
    VP Almunia's statement >
    Frequently asked questions >


  • Case T-499/10 MOL v Commission (state aid)
    12 November 2013
    The GC ruled on an appeal against a Commission decision of June 2010 finding that Hungary had granted incompatible state aid to MOL. The GC annulled the Commission's decision.
    Read full judgment >
    Read more about Commission's 2010 decision >
  • Case T-570/08 RENV Deutsche Post v Commission
    12 November 2013
    The GC ruled on an appeal by Deutsche Post agaist injuctions issued by the Commission in 2008, in order to obtain information required to assess whether certain measures granted by Germany in favour of Deutsche Post were in line with EU state aid rules. The GC dismissed the appeal and confirmed the legality of the Commission's injunctions.
    Read full judgment >
    Read more about the Commission's investigation >


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, 2013. Reproduction is authorised provided the source is acknowledged.

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