Glencore/Xstrata wins conditional go-ahead from DG Comp

Glencore
The European Commission today cleared Glencore’s US$39 billion acquisition of mining company Xstrata, subject to conditions.

DG Comp revises ING’s state aid conditions

ING has until 2015 to sell most of its Europe insurance arm
The European Commission has announced amendments to ING’s 2009 restructuring plan, extending its divestment timeframe while imposing new behavioural commitments.

General Court cancels part of DG Comp dawn raid

EU Flags
The EU General Court has annulled part of the findings of a dawn raid carried out during a high-voltage cable cartel investigation, holding that the European Commission was wrong to hunt for information about industries in which it has no evidence of wrongdoing.

GCR Live: DG Markt to reform rating agencies and auditing

Jonathan Faull
Jonathan Faull, the European Commission’s director general of internal market and services, has said DG Markt is developing a reform of the rating agencies and auditing markets in cooperation with DG Comp. Stefano Berra in Brussels.

DG Comp conditionally clears steel merger

James Venit at Skadden is acting for Outokumpu
The European Commission has cleared Outokumpu’s acquisition of ThyssenKrupp’s stainless steel production and distribution unit, with conditions.

ECJ allows European Commission’s damages claims

Onno Brouwer, counsel to ThyssenKrupp
The European Commission will be allowed to sue cartelists for damages as a cartel customer, even if it has already fined them as the EU’s antitrust enforcer, the European Court of Justice (ECJ) ruled today.

In-house panel, DG Markt and symposium session among GCR Live Brussels innovations

GCR Live
A keynote speech by the EU Director General of Internal Market, in-house counsel on their frustrations with antitrust, and a wide-ranging question-and-answer session are only some of the novelties awaiting the audience at the most ambitious GCR Live Brussels conference to date.

Greek airlines revive merger attempt

Aegean Airlines wants to buy Olympic Air
Despite a prohibition in 2011 by the European Commission, Aegean Airlines has renewed its bid to take over rival carrier Olympic Air.

DG Comp hands Microsoft non-compliance SO

Microsoft has apologised for the "technical error"
The European Commission today issued a statement of objections to Microsoft over its failure to comply with commitments regarding web browser choice on its Windows operating system, while Competition Commissioner Joaquín Almunia said further issues remain.

DG Comp hits UPS/TNT with statement of objections

A UPS boat
The European Commission today confirmed that it has sent a statement of objections to rival parcel delivery companies United Parcel Service (UPS) and TNT Express over concerns that their proposed merger would harm competition in Europe.

Google offers search branding as EU remedy

Google
In an attempt to resolve continuing settlement talks with the European Commission, Google has said it will label the in-house services that it offers when they appear in its search results.

DG Comp waves through Watson/Actavis

Ingrid Vandenborre, counsel to Watson
The European Commission has unconditionally cleared Watson Pharmaceuticals’ acquisition of Actavis, despite the deal creating the world’s third-largest generic drug maker.

DG Comp selects new deputy economist

Vincent Verouden
Vincent Verouden has been appointed as deputy chief economist in the European Commission’s Directorate General for Competition.

EU/US cooperation strong, while China relationship a “work in progress”, say IBA panellists

Bernd Langeheine at DG Comp
International cooperation has become a “standard feature” in important merger cases, but agencies in Europe and the US are still working towards greater convergence with China, according to a panel of agency officials and private practitioners. Katy Oglethorpe at the IBA Annual Conference in Dublin.

Lead recycling and food packaging cartels in DG Comp crosshair

Huhtamäki received DG Comp's statement of objections
The European Commission has sent a statement of objection to 13 producers of food packaging, on the same day it confirmed dawn raids at the premises of several lead recycling companies.

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