Tag: competition

European Commission launch investigation into acquisition of NXP by Qualcomm

European Commission launch investigation into acquisition of NXP by Qualcomm

The European Commission has opened an in-depth investigation to assess the proposed acquisition of NXP by Qualcomm under the EU Merger Regulation. The Commission has concerns that the transaction could lead to higher prices, less choice and reduced innovation in the semiconductor industry. Commissioner Margrethe Vestager, in charge of competition policy, said: “We use our […]

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Mergers: Commission continues investigation of Orange/Jazztel merger without referral to Spain

Mergers: Commission continues investigation of Orange/Jazztel merger without referral to Spain

| January 26, 2015 | 0 Comments

The European Commission has decided not to refer the planned acquisition of Jazztel p.l.c. by Orange S.A. to the Spanish competition authority for assessment under Spanish competition law. The Commission concluded that it was better placed to deal with the case with a view to ensuring consistency in the application of the merger control rules […]

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Europe in My Region photo competition: And the winners are…

Europe in My Region photo competition: And the winners are…

| September 24, 2014 | 0 Comments

From the pool of 100 photos which received the most votes on Facebook, and 50 ‘wildcards’, the jury – composed of three photography professionals – have selected the three winners of the “Europe in My Region” photo competition: Adela Nistora from Portugal, Ieva Vīksne from Latvia and Kristina Griguolė from Lithuania. Adela depicted the Marina […]

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Mergers: Commission approves acquisition of Holcim assets by Cemex in the building materials sector

Mergers: Commission approves acquisition of Holcim assets by Cemex in the building materials sector

| September 9, 2014 | 0 Comments

Following an in-depth investigation see IP/14/472) the European Commission has cleared under the EU Merger Regulation the proposed acquisition of the Spanish operations of the Swiss building materials group Holcim (Holcim assets) by its Mexican rival Cemex. Cemex and Holcim are global suppliers of cement and other building materials. The Holcim assets comprise plants and quarries dedicated to […]

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State aid: Commission orders Belgium to recover incompatible state aid from financial co-operative ARCO

State aid: Commission orders Belgium to recover incompatible state aid from financial co-operative ARCO

Following an in-depth investigation, the European Commission has concluded that a Belgian guarantee scheme for shareholders of financial cooperatives was incompatible with EU state aid rules. In particular, the guarantee conferred a selective advantage to the Belgian financial cooperative ARCO, the only beneficiary of the scheme, who now has to pay back the undue advantage […]

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Mergers: Commission clears acquisition of E-Plus by Telefónica Deutschland, subject to conditions

Mergers: Commission clears acquisition of E-Plus by Telefónica Deutschland, subject to conditions

Following an in-depth investigation, the European Commission has approved under the EU Merger Regulation the proposed acquisition of Dutch Telecom operator KPN’s German mobile telecommunications business E-Plus by Telefónica Deutschland (Telefónica). The approval is conditional upon the full implementation of a commitments package submitted by Telefónica. The Commission had concerns that the merger, as initially […]

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Competition: How competition policy contributes to boosting competitiveness

Competition: How competition policy contributes to boosting competitiveness

The European Commission’s 2013 report on competition policy shows that competition enforcement helps promoting growth and competitiveness across the EU. Antitrust enforcement prevents dominant companies’ from shutting out competitors from the market and creates the conditions for lower input prices for EU industry. Merger control keeps markets open and efficient. State aid policy maintains a […]

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