Tag: European Commission
EU: Juncker rejects criticism of mergers blocks
European Commission President Jean-Claude Juncker said on Tuesday the EU executive was not needlessly blocking corporate mergers, reported Bloomberg.
In a speech to industrialists, Juncker...
EU: EC okays €36M Polish aid for LG Chem electric car...
According to Reuters, EU antitrust regulators approved a Polish plan to grant €36 million (US$41.1 million) to South Korean company LG Chem’s electric vehicles...
EU: Commission clears BASF’s acquisition of Solvay’s nylon business
The European Commission on Friday cleared BASF's acquisition of Solvay’s nylon assets after the two parties promised a remedy package addressing anti-trust concerns.
The transaction...
EU: EC recommends taxation of ports in Italy and Spain
The European Commission has proposed, in two separate decisions, that Italy and Spain align their taxation of ports with State aid rules. Cross-border competition...
EU: Lithuanian renewable energy deal gets EC approval
A measure to support the production of electricity from renewable energy sources and a measure to support electro-intensive users in Lithuania have been approved...
EU: Commission will review French-Italian shipbuilding merger
The European Commission announced that it would investigate Italian shipbuilder Fincantieri’s planned acquisition of French counterpart Chantiers de l’Atlantique after France and that Germany...
EU: Commission to prolong EU State aid rules
The European Commission plans to prolong, for two years, seven sets of State aid rules, otherwise set to expire in 2020. The Commission also...
France: Le Maire: Blocking Alstom-Siemens merger would be a “political mistake”
The European Commission would make "an economic error" and "a political mistake" by blocking a proposed Alstom-Siemens merger, French Economy minister Bruno Le Maire...
EU: 19 countries call for new antitrust rules to create “European...
A total of 19 EU governments have proposed updating the EU’s antitrust rules in order to facilitate the emergence of European industrial giants able...
EU: EC approves investment in microelectronics
On Tuesday, December 18, the European Commission found that an integrated project jointly notified by France, Germany, Italy, and the UK for research and...
