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European Commission – State aid: Commission adopts revised guidelines for supporting firms in difficulty

by 21st Century Competition | Jul 9, 2014 | European Commission

European Commission Press release Brussels, 9 July 2014 In the context of its State Aid Modernisation (SAM) initiative, the European Commission has revised its rules for assessing Member States’ support measures to rescue and restructure companies in difficulty....

European Commission – Antitrust: Commission fines Servier and five generic companies for curbing entry of cheaper versions of cardiovascular medicine

by 21st Century Competition | Jul 9, 2014 | European Commission

European Commission Press release Brussels, 9 July 2014 The European Commission has imposed fines totalling €427.7 million on the French pharmaceutical company Servier and five producers of generic medicines – namely, Niche/Unichem, Matrix (now part of Mylan), Teva,...

European Commission – Antitrust: Commission closes investigation into generic pharmaceutical companies in France

by 21st Century Competition | Jul 9, 2014 | European Commission

European Commission Press release Brussels, 9 July 2014 The European Commission has closed its antitrust investigation into generic pharmaceutical companies in France. The investigation focused on suspected coordination between generic pharmaceutical companies when...

European Commission – State aid: Commission concludes that Scandinavian Airlines (SAS) did not receive state aid

by 21st Century Competition | Jul 9, 2014 | European Commission

European Commission Press release Brussels, 9 July 2014 The European Commission has concluded that a Revolving Credit Facility (RCF) that Denmark, Sweden and Norway granted to SAS in December 2012 was carried out on market terms and therefore did not constitute state...

European Commission – State aid: Commission approves public support measures in favour of Latvian banks Reverta (formerly Parex banka) and Citadele

by 21st Century Competition | Jul 9, 2014 | European Commission

European Commission Press release Brussels, 9 July 2014 The European Commission has found the support measures granted by Latvia to AS Reverta (formerly AS Parex banka) and AS Citadele banka to be in line with EU state aid rules and has therefore closed its in-depth...
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