Region: European Union

EU blocks Korean shipbuilding deal

The European Commission has blocked Hyundai Heavy Industries’ $2 billion acquisition of Daewoo Shipbuilding & Marine Engineering after the companies failed to offer formal remedies to address its concerns, bringing an end to a Phase II probe that started in 2019.

13 January 2022

Google offers commitments to end German probe

Germany’s antitrust watchdog is consulting on commitments offered by Google to end a probe into its online news service, one week after the agency confirmed the company is subject to a host of new competition rules that target especially powerful platforms.

12 January 2022

Advocate general urges EU court to quash Fiat state aid ruling

The European Court of Justice should annul the European Commission’s finding that Luxembourg granted Fiat Chrysler an unfair tax advantage, advocate general Priit Pikamäe has said.

16 December 2021

Europe: private practice perspective

Featured in Enforcer Hub

16 December 2021

DMA sails through EU Parliament

The European Parliament has adopted the Digital Markets Act with several amendments, including a requirement for the European Commission to produce an annual report on the state of the digital economy.

15 December 2021

Spanish airlines to abandon deal amid EU and UK scrutiny

Iberia is set to scrap its plans to take over rival airline Air Europa, after competition enforcers in the UK and EU both opened probes into the deal over concerns it could significantly reduce competition.

15 December 2021

EU clears Veolia/Suez with significant carve-outs

Waste and water management giants Veolia and Suez have bagged the European Commission’s conditional approval for their €13 billion tie-up after promising to spin off a host of assets to create a new French rival.

14 December 2021

EU concludes first settlement in ethanol benchmark cartel

The European Commission has fined Abengoa €20 million after the energy company confessed its role in a cartel that rigged ethanol benchmarks, manipulating the price of biofuel used in vehicles across Europe.

10 December 2021

EU suggests exempting some gig workers from competition rules

Collective agreements between self-employed workers and digital labour platforms fall outside EU competition rules, according to new draft guidance from the European Commission.

10 December 2021

EU claimants’ bar

Featured in GCR 100 2022

It might not compare to the other side of the Atlantic, but the plaintiff-side competition bar in Europe is tackling an ever-growing number of antitrust damages claims.

10 December 2021

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