Category: European Commission

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

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, Krka and Lupin – for concluding a series of deals of deals… …read more

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

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 aid within the meaning of EU rules. …read more

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

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 investigation. …read more

European Commission – State Aid: Commission opens in-depth investigation into Milan airport ground-handling services

European Commission Press release Brussels, 9 July 2014 The European Commission has opened an in-depth investigation to examine whether a €25 million capital injection by SEA SpA, the publicly owned manager of the Italian airport Milan, in favour of its new ground-handling subsidiary Airport Handling was in line with EU… …read more