Author: 21st Century Competition

Germany: EU row over energy law smoothed over (Competition Policy International)

The European Commission and Germany regulators have reportedly reached an agreement on certain laws in the member state that offered tax breaks to some of the largest energy users.

The Commission announced Wednesday that it had given official backing to Germany’s revised energy rules after EU authorities raised concerns that the …read more

France: EU orders Ryanair to pay back aid (Competition Policy International)

The European Commission announced Wednesday that it has ordered Ireland-based budget airline Ryanair to repay France millions in state aid it received.

According to reports, Ryanair has been ordered to pay aback about $13.5 million in state aid it received for operating at three smaller airports in France. Ryanair called the …read more

US: LinkedIn, Yahoo announce takeover targets (Competition Policy International)

LinkedIn announced Tuesday that it has reached an agreement to acquire Bizo, an advertisement technology conglomerate aimed at professionals.

According to reports, LinkedIn will spend $176 million on the acquisition, 90 percent of which will be paid in cash. The companies said they expect to finalize the deal in the third …read more

UK: M&A watchdog posts disappointing losses (Competition Policy International)

The UK’s mergers and acquisitions regulator the Takeover Panel has reportedly posted an annual loss of about $2.7 million due to a fall in deal making and costs related to an international panel recently held.

According to reports, UK’s global M&A performance has fallen short of expectations despite the recent high-profile …read more