Tag Archives: COMPETY

State aid: the Commission approves a new Spanish scheme for the early depreciation of assets acquired via finance leases

Posted on 22, November 2012 by

Brussels, 22-11-2012 — /europawire.eu/ — The European Commission has ruled that the new Spanish system for the early depreciation of the cost of certain assets acquired through finance leasing does not constitute state aid under EU rules, inter alia because it is not selective. Joaquín … Read the full press release →

Posted in Banks, Belgium, Business, European Union, Financial, Government, Law, Spain

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Mergers: Commission approves acquisition of German kitchen manufacturer Alno by Whirlpool

Posted on 22, November 2012 by

Brussels, 22-11-2012 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the German kitchen manufacturer Alno AG by the US household appliances company Whirlpool Corporation. The Commission’s investigation showed that there were enough alternative suppliers … Read the full press release →

Posted in Business, Electronics & Machinery, European Union, Financial, Germany, Government, Investment, Law

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State aid: Commission clears UK umbrella support scheme for broadband investment ‘BDUK’

Posted on 22, November 2012 by

Brussels, 22-11-2012 — /europawire.eu/ — The European Commission has found that a UK umbrella support scheme for investments in next generation access (NGA) broadband networks, ‘BDUK’, is in line with EU state aid rules. In particular, the scheme is aimed at supporting local … Read the full press release →

Posted in Belgium, European Union, Financial, Government, Internet & Online, Law, Telecom, United Kingdom

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Mergers: Commission approves joint acquisition of HDI Poland by Talanx and Meiji Yasuda Life Insurance

Posted on 22, November 2012 by

Brussels, 22-11-2012 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control over two Polish insurance companies HDI Asekuracja S.A and HDI-Gerling Życie S.A by Talanx International AG and Meiji Yasuda Life Insurance Company, respectively a German … Read the full press release →

Posted in Business, European Union, Germany, Insurance, Investment, Law, Poland

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State aid: Commission approves amendments to the restructuring plan of ING

Posted on 21, November 2012 by

Brussels, 21-11-2012 — /europawire.eu/ — Following an agreement between the European Commission and The Netherlands, the Commission has approved an amended restructuring plan of the Dutch-based financial institution ING under EU state aid rules. ING agreed to a fixed repayment schedule and revamped … Read the full press release →

Posted in Banks, Belgium, Business, European Union, Financial, Government, Law, Netherlands

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Mergers: Commission clears acquisition of French trading company CFAO by Toyota Tsusho

Posted on 16, November 2012 by

Brussels, 16-11-2012 — /europawire.eu/ — The European Commission has cleared under the Merger Regulation the proposed acquisition of the French trading company CFAO by Toyota Tsusho Corporation of Japan. The Commission concluded that the proposed acquisition would not raise competition concerns because it … Read the full press release →

Posted in Automotive, Belgium, Business, European Union, Financial, France, Government

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Mergers: Commission approves acquisition of part of French insurance company Gan Eurocourtage by rival Helvetia

Posted on 13, November 2012 by

Brussels, 13-11-2012 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition by the French subsidiary of the Helvetia insurance group (Switzerland) of marine and transport insurance contracts (excluding aviation and space) and related brokerage businesses, assets … Read the full press release →

Posted in Business, European Union, France, Government, Insurance, Law, Switzerland, Transportation & Logistics

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Mergers: Commission approves acquisition of Teva’s over the counter business by Procter & Gamble

Posted on 13, November 2012 by

Brussels, 13-11-2012 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of over-the-counter (OTC) business of the generic pharmaceutical company Teva of Israel by the US company Procter & Gamble (P&G). The Commission concluded that the … Read the full press release →

Posted in Belgium, Business, European Union, Government, Healthcare, Law, Pharma & Biotech

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Preparation of Economic and Finance Ministers Council, Brussels, 13 November 2012

Posted on 12, November 2012 by

Brussels, 12-11-2012 — /europawire.eu/ — The EU’s Council of Economic and Finance Ministers will start on Tuesday, 13 November at 11.00. The European Commission will be represented by Olli Rehn, Vice President and Commissioner for Economic and Monetary Affairs and the Euro, Joaquín … Read the full press release →

Posted in Belgium, Business, Economy, European Union, Financial, Government, Politics, Society

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Mergers: Commission approves Outokumpu’s acquisition of Inoxum, subject to conditions

Posted on 8, November 2012 by

Brussels, 8-11-2012 — /europawire.eu/ — Following an in-depth review, the European Commission has cleared under the EU Merger Regulation the proposed acquisition of Inoxum, the stainless steel division of ThyssenKrupp of Germany, by the Finnish stainless steel company Outokumpu. The approval is … Read the full press release →

Posted in Business, European Union, Financial, Finland, Germany, Government, Industrial, Metals and Minerals

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State aid: Commission extends in-depth investigation into Italian support measures in favour of former Tirrenia Group

Posted on 8, November 2012 by

Brussels, 8-11-2012 — /europawire.eu/ — The European Commission has extended the scope of an in-depth investigation opened in October 2011 into public support measures in favour of companies of the former Tirrenia Group (see IP/11/1157), namely Tirrenia di Navigazione, Caremar, Laziomar, Saremar, Siremar … Read the full press release →

Posted in Belgium, Business, European Union, Government, Italy, Law, Society

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Mergers: Commission approves joint-venture between ARM, Giesecke & Devrient and Gemalto, subject to conditions

Posted on 8, November 2012 by

8-11-2012 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed creation of a joint-venture between ARM, a UK semiconductor intellectual property (“IP”) supplier, Giesecke & Devrient (“G&D”) of Germany and Gemalto of the Netherlands, both … Read the full press release →

Posted in Business, Electronics & Machinery, European Union, Germany, Government, Law, Netherlands, Security & Safety, Technology, United Kingdom

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State aid: Commission approves Cypriot bank guarantee scheme

Posted on 6, November 2012 by

Brussels, 6-11-2012 — /europawire.eu/ — The European Commission has authorised, under EU State aid rules, a Cypriot state guarantee scheme for credit institutions until 31 December 2012. The purpose of the scheme is to facilitate the access of eligible credit institutions to … Read the full press release →

Posted in Banks, Belgium, Cyprus, European Union, Financial, Government, Law, Society

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Merger review: Past evolution and future prospects

Posted on 5, November 2012 by

Cernobbio (Italy), 5-11-2012 — /europawire.eu/ — Ladies and Gentlemen, It is always a pleasure to be back in Cernobbio, in this occasion to participate in this Conference on Competition Policy. And I wish to thank in particular Jorge Padilla for inviting me … Read the full press release →

Posted in Business, European Union, Government, Italy, Law

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Mergers: Commission approves acquisition of Specialist Computer Holding’s IT distribution business by Tech Data Europe

Posted on 25, October 2012 by

Brussels, 25-10-2012 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation 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 … Read the full press release →

Posted in Belgium, Business, European Union, Financial, Government, Law, Technology, Telecom, United Kingdom

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State aid: Commission investigates Italian measures reducing taxes and social contributions in areas affected by natural disasters

Posted on 22, October 2012 by

Brussels, 22-10-2012 — /europawire.eu/ — The European Commission has opened an in-depth investigation to examine whether Italian measures to reduce taxes and contributions due by companies in areas affected by natural disasters, mainly earthquakes and floods, are in line with EU … Read the full press release →

Posted in European Union, Financial, Government, Italy, Law

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State Aid: Commission clears creation of UK Green Investment Bank

Posted on 20, October 2012 by

19-10-2012 — /europawire.eu/ — The European Commission has concluded that public funding of 3 billion GBP (around €3.7 billion) granted by the United Kingdom (UK) for the creation of a bank investing in environmentally friendly projects, is in line with EU … Read the full press release →

Posted in Banks, Business, Environment, European Union, Financial, Government, Investment, Society, United Kingdom

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Mergers: Commission clears acquisition of German press manufacturer Schuler by rival Andritz

Posted on 19, October 2012 by

19-10-2012 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the German press manufacturer Schuler by the Austrian plants and equipment supplier Andritz. The Commission concluded that the transaction would not raise competition … Read the full press release →

Posted in Business, Electronics & Machinery, European Union, Financial, Germany, Government, Industrial, Metals and Minerals, Technology

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Mergers: Commission approves acquisition of US-based distributor Brightpoint by US rival Ingram Micro

Posted on 16, October 2012 by

Brussels, 16-10-2012 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of US-based distributor of mobility/telecommunications products Brightpoint by Ingram Micro of the US, a distributor of electronic products. The Commission concluded that the concentration … Read the full press release →

Posted in Belgium, Business, Electronics & Machinery, Financial, Government, Technology, Telecom

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