The European Commission's opposition to the Alstom/Siemens merger belongs not in the 21C, but in last century's old economic mantras. The Commission doesn't seem to have fully taken the measure of how much our world has changed, writes Bernard Spitz.
The management of Germany's Commerzbank has a clear strategy about the planned merger with Deutsche Bank and is "working hard" in order to reach a decision as quickly as possible, CEO Martin Zielke said in an internal e-mail sent to the bank’s employees and seen by EURACTIV.
The European Commission fined Google €1.49 billion on Wednesday (20 March), after concluding that Google had breached EU laws by restricting rival online advertising services to access third-party websites.
The European Commission is expected to fine Google over its online advertisement services today (20 March), bringing an end to the last outstanding case in a decade-long antitrust battle with the American digital giant.
The European Commission will propose by the end of 2019 new measures to address the negative impact of foreign subsidies and state-owned companies, according to documents made available on Wednesday (13 March), as the EU aims for a more assertive tone towards China.
The Netherlands announced on Tuesday (26 February) the surprise purchase of a stake in Air France-KLM, saying it needed to protect Dutch interests after a series of rows about the alliance's management.
Spanish football teams Real Madrid, Barcelona, Osasuna and Athletic Club Bilbao will not have to repay tax bills, after EU judges said on Tuesday that their tax regimes were lawful, contrary to the European Commission’s verdict.
Spanish telecoms operator Telefonica has failed to help rivals enter the German mobile market, breaking a promise made five years ago in return for the European Commission's approval of its acquisition of E-Plus, the institution said on Friday (22 February) in a landmark case.
Less than two weeks after the European Commission blocked the merger of Siemens and Alstom, France and Germany published a joint industrial manifesto on Tuesday (19 February) calling for the EU merger rules to be changed.
Following the rejection of the Alstom-Siemens merger, France and Germany are working on a review of the EU’s competition rules to create European champions capable of competing with US and Chinese multinationals.
The European Commission decided on Wednesday (6 February) to block the merger of Siemens and Alstom, meant to create a European champion in the railway sector, due to the negative impact it would have on the European market and consumers.
European Commission President Jean-Claude Juncker said on Tuesday (5 February) that the institution “will never play favourites” as the EU executive reportedly prepares to reject the Alstom-Siemens merger, despite intense political pressure from France and Germany.
Renewed plans to roll out an EU-wide digital services tax may be back on the cards and could be agreed by the end of March, French Finance Minister Bruno Le Maire said in an interview published on Sunday (20 January).
The European Commission decided on Thursday (10 January) to open an in-depth investigation to determine whether the Netherlands had breached EU rules by allowing Nike to cut its tax bill through complex financial schemes.
European Commission Vice-President Jyrki Katainen told journalists on Tuesday that he would be “open” to consider changes to update competition law in order to cope with the strong competition of US and China firms, but discarded reforming “entirely” antitrust rules as they worked “well”.
Italian Deputy Prime Minister Matteo Salvini attacked France and Germany on Tuesday (8 January) over their role in a European Union investigation into a planned merger involving Italian shipbuilder Fincantieri.
Bulgarian minister Temenuzhka Petkova has said her country preferred paying a multi-million euro fine rather than follow a Commission injunction. Such a reform, in her words, would have threatened the country's national security. EURACTIV checked the facts.
The Commission imposed on Monday (17 December) a multi-million fine on Bulgaria’s BEH for blocking access to key natural gas infrastructure in the country. Competition Commissioner Margrethe Vestager said the fine could have been avoided, had Sofia decided to follow another negotiation strategy.
The European Commission will fine Bulgarian Energy Holding as early as this month for hindering rivals’ access to key gas infrastructure, Bloomberg reported on Tuesday (11 December), based on information from three sources familiar with the dossier.
The EU's top competition enforcer said Brussels was taking a closer look at allegations that Google had helped introduce false price comparison sites to answer a historic ruling against the search engine giant.
The European Union on Tuesday (20 November) provisionally agreed on rules for a far-reaching system to coordinate scrutiny of foreign investments into Europe, notably from China, to end what a negotiator called "European naivety".