Category: European Commission

European Commission – Antitrust: Commission adopts revised safe harbours for minor agreements (“De Minimis Notice”) and provides guidance on “by object” restrictions of competition – Frequently asked questions

European Commission Memo Brussels, 25 June 2014 What is the De Minimis Notice? Article 101 of the Treaty on the Functioning of the European Union (TFEU) prohibits agreements between companies which have as their object or effect to restrict competition within the Single Market. …read more

European Commission – Antitrust: Commission adopts revised safe harbour rules for minor agreements (“De Minimis Notice”)

European Commission Press release Brussels, 25 June 2014 The European Commission has issued revised rules (its so-called “De Minimis Notice”) for assessing when minor agreements between companies are not caught by the general prohibition of anticompetitive practices under EU competition law. …read more

European Commission – Antitrust: Commission extends validity of special competition regime for liner shipping consortia until April 2020

European Commission Press release Brussels, 24 June 2014 The European Commission has extended by another five years until April 2020 the validity of the existing legal framework exempting, if certain conditions are met, liner shipping consortia from EU antitrust rules. …read more

European Commission – State aid: Commission approves revised restructuring plan for NCG following sale to Banesco Group

European Commission Press release Brussels, 20 June 2014 The European Commission has concluded that the sale of the Spanish bank NCG Banco to Banesco Group and proposed amendments to its restructuring plan were in line with EU state aid rules. …read more