Competition weekly news summary
12 February 2016

Mergers

  • Commission approves Staples' acquisition of Office Depot, subject to conditions
    10 February 2016
    Following an in-depth review, the Commission has approved under the EU Merger Regulation the acquisition of office supplies distributor Office Depot by Staples, subject to the divestment of Office Depot's contract distribution business in Europe and entire business in Sweden.
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State Aid

  • Commission opens in-depth investigation into measures for Spanish postal operator Correos
    11 February 2016
    The European Commission has opened an in-depth investigation to examine whether State measures since 2004 in favour of Correos, the publicly-owned Spanish postal operator, were in line with EU State aid rules.
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  • Commission approves impaired asset management measures for banks in Hungary and Italy
    10 February 2016
    The European Commission has found Hungarian and Italian plans aimed at transferring non-performing loans off the balance sheets of Hungarian and Italian banks to be free of any state aid.
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  • Overview of decisions and on-going in-depth investigations of Financial Institutions in Difficulty
    10 February 2016
    In 2008/2009, the Commission adopted a temporary state aid framework to enable Member States to deal with financial problems in systemic banks, as well as support access to finance for real economy firms. The crisis rules for banks, which were tightened in July and December 2010, were extended on 1 December 2011. The Temporary Framework for state aid measures to support access to finance in the current financial and economic crisis expired in December 2011. The Commission now published a factsheet to provide an overview about investigations and decisions.
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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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