Author: 21st Century Competition

European Commission – Antitrust: Commission welcomes General Court judgment upholding its decision against Intel

European Commission MEMO Brussels, 12 June 2014 The European Commission welcomes today’s judgment by the General Court (case T-286/09) which fully upholds the Commission’s 2009 Decision which found that Intel had abused its dominant position and which imposed on Intel a fine of €1.06 billion (see IP/09/745). …read more

European Commission – State aid: Commission approves amendments to restructuring plan of Belgian insurer Ethias

European Commission Press release Brussels, 12 June 2014 The European Commission has found proposed amendments to the restructuring plan of the Belgian insurance company Ethias to be in line with EU state aid rules. In particular, the Commission has agreed to the proposed prolongation by three years of the rundown… …read more

Breaking news- The Intel Judgment is out: the European Commission wins (Chillin’ Competition)

Minutes ago the General Court released its Judgment in Intel v Commission (T-286/09) dismissing the appeal in its entirety and upholding the 1.06 billion euros fine.

As I noted to Bloomberg some time ago, the ECJ’s Tomra Judgment had paved the way for the Commission’s victory in …read more

EU: Commission clears Italy, Germany insurance alliance (Competition Policy International)

The European Commission announced Wednesday that it has approved of the proposed merger between insurance companies UnipolSai and Allianz.

Reports say the $1.5 billion acquisition by Germany’s Allianz of Italy-based Unipol assets, first announced last March, is part of a move by Unipol to comply with an earlier antitrust ruling in …read more