Community News

CAA sees growing competition in Europe's skies

Premium 01 August 1998

A report published by the UK’s Civil Aviation Authority on the first five years of Europe’s single aviation market has revealed a substantial increase in competition in the skies over Europe.

Credit Lyonnais

Premium 01 August 1998

The European Commission and the French government have reached agreement over state aid to the French state-owned bank Crédit Lyonnais - four years after the Commission began investigating the case.

EU probes BSkyB

Premium 01 August 1998

British television broadcaster BSkyB, whose interactive television venture has already attracted Commission scrutiny, is facing a further inquiry over its plans to provide its multi-channel television service to cable operators in the UK.

German, Dutch railways to merge freight operations

Premium 01 August 1998

In an innovative move seen as foreshadowing the introduction of the European single currency, the German and Dutch national railways are to merge their freight operations in response to growing demand for international services.

Bridgeman warns companies on compliance

Premium 01 August 1998

The Director General of the UK’s Office of Fair Trading (OFT), John Bridgeman, has reminded British industry of the need to plan for compliance with the provisions of the Competition Bill currently before Parliament.

Canadian oil companies abandon merger plans

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Canadian oil companies Petro- Canada and Ultramar Diamond Shamrock have agreed to shelve their joint venture arrangements following a five-month investigation by Canada’s Competition Bureau.

Commission approves BA/ AA alliance

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The European Commission has finally approved the planned alliance between British Airways and American Airlines.

AT&T to buy TCI

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The largest telecoms group in the United States, AT&T, announced plans to buy the country’s largest cable TV company, Telecommunications Inc, for a mammoth US$45.5 billion.

Lockheed/ Northrop deal collapses

Premium 01 August 1998

Lockheed Martin and Northrop Grumman have called off their planned US$11 billion merger ahead of a scheduled September trial date for the DoJ’s attempt to block the merger.

Ashurst's Milan alliance

Premium 01 August 1998

Ashurst Morris Crisp has announced a strategic alliance with Italian firm Negri-Clementi Montironi & Soci, the former Milan practice of the US firm Graham & James.