Community News

Germany in state aid inquiry over parcel deliveries

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Brussels has turned its state aid spotlight on the German government over its funding of the state-owned parcel service.

FTC makes ‘buyer up front’ example of Diageo

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The Federal Trade Commission cleared the mammoth 184-jurisdiction Guinness/Grand Metropolitan merger’s US elements in December, but only on the condition that the new company, Diageo, divested its worldwide interests in the Dewar’s whisky and Bombay Gin brands.

New formula for airline slots

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The European Commission hopes to avoid accusations by airlines of preferential treatment by applying a new, top secret, formula for calculating how many take-off and landing slots they should divest when forming alliances.

Angel and Eagle reveal secret

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Secret talks lasting 18 months have culminated in an alliance-cum-merger between 950-lawyer UK firm Freshfields and 100-lawyer top German competition firm Deringer Tessin Herrmann & Sedemund.

Global Forum to meet in Rio

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The Global Forum for Competition and Trade Policy will meet in Rio de Janeiro after the IBA Business Law Section’s Second Latin American Regional Conference.

Brussels eyes Finnish energy merger

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Regulators at Finland’s competition bureau, the Kilpailuvirasto, predict opposition in Brussels to the proposed US$10.4 billion merger between power utility Imatran Voima (IVO) and petrochemicals group Neste.

Czech brewers appeal

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The Czech competition office, the Urad pro ochranu hospodarske souteze, will have to review its decision to block a merger between two Czech breweries following an appeal by the two parties.

FTC to investigate Intel’s Chips

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The US Federal Trade Commission has announced it is to continue to investigate leading microchip producer Intel’s proposed acquisition of Chips and Technologies Inc, although it will not seek an injunction blocking the sale.

German pay TV goes into second phase

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Karel van Miert has confirmed that he is to launch a full investigation into the proposed pay TV alliance between German media groups Kirch, Bertelsmann and Deutsche Telekom.

Severity of anti-competitive behaviour penalised

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Karel van Miert has set out tough new guidelines on the fining of businesses that breach competition rules.