Joaquín Almunia, the Spanish Commissioner in charge of policing the EU's antitrust rules, has denied accusations of a conflict of interest in the handling of an investigation into unfair tax breaks worth billions of euros given to Spanish football clubs, including Real Madrid and Barcelona.
A complaint raised by a Finnish wind turbine operator in the European Court of Justice (ECJ) could add an unpredictable dynamic to the debate over the German Renewable Energy Sources Act (EEG), with experts forecasting rising energy costs and the end of exclusively national green energy subsidisation. EURACTIV Germany reports.
The European Commission today (11 June) raised pressure on Ireland, the Netherlands and Luxembourg over their corporate tax practices, saying it was investigating deals the countries have cut with Apple, Starbucks and Fiat.
European Union antitrust regulators charged Europe's biggest bank HSBC, US peer JPMorgan and France's Credit Agricole on Tuesday (20 May) with rigging financial benchmarks linked to the euro, exposing them to potential fines.
The European Commission informed Crédit Agricole, HSBC and JPMorgan on Tuesday of its preliminary view that they may have breached EU antitrust rules by colluding to influence the pricing of interest rate derivatives denominated in the euro currency. The sending of a statement of objections does not prejudge the final outcome of the investigation.
The European Commission plans to issue a final decision on their competition probe into Google after the summer break, the EU's antitrust chief said, after rivals such as Microsoft complained about how Google displays Internet search results.
Google cannot be broken up into smaller companies without new EU legislation, the European Commission said today (20 May), after detailing two potential new antitrust investigations into the internet giant.
Manchester City Football Club is considering challenging a record-breaking €60 million fine for breaching UEFA’s Financial Fair Play (FFP) rules by using EU competition law to prevent cartels and abuse of market dominance.
European lawmakers on Thursday (17 April) eased the way for cartel victims to claim compensation from companies under new rules that also shield price-fixing whistleblowers from being the main target of million-euro lawsuits.
The European Commission announced on Wednesday that renewable energy subsidies that helped spur Europe’s €48-billion-a-year clean energy industry are to be phased out across the continent, under new market-friendly state aid rules
Renewable energy subsidies that helped spur Europe’s €48-billion-a-year clean energy industry are to be phased out across the continent, under new market-friendly state aid rules announced by the European Commission Wednesday (9 April).
EXCLUSIVE / Big energy-guzzling companies will get a handout of up to €2 billion under proposed new state aid rules due to be finalised by the European Commission by 9 April, according to an analysis by the Öko Institute, which EURACTIV has seen.
The revenues generated by EU remedies proposed in the antitrust case against Google will be shared with competitors, and will not generate further income for the US search giant, the European Commission promised.
As the European Commission’s investigation on Google enters its final phase, the US internet search giant remains under close scrutiny from Brussels over a range of other issues, EURACTIV France reports.
In its third attempt to avoid a $5 billion fine, Google has committed to address competition concerns raised by the European Commission on how rivals appear in search results.
The biggest search engine in the world has been the focus of a Commission investigation since 2010, when complainants from competitors across Europe accused the company of promoting its own services at their expense.
The tone between the French industry minister, Arnaud Montebourg, and the EU's competition commissioner, Joaquín Almunia, is becoming increasingly heated, as the pair exchanged inflammatory letters last week, EURACTIV.fr reports.
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