EU competition commissioner Margrethe Vestager has rejected a request from Austrian politicians to suspend European state aid rules during the coronavirus pandemic.
The European Commission has introduced additional temporary state aid measures so EU member states can more easily fund research, infrastructure and equipment related to potential covid-19 treatments.
The European Commission is “ready to guide” companies and lawyers on acceptable cooperation agreements during the coronavirus pandemic.
The Supreme Court has agreed to hear two cases on whether the Federal Trade Commission can seek monetary relief for violations of the FTC Act.
Those hoping to spend their Monday listening to the Federal Trade Commission’s quest to block a joint venture between Peabody Energy and Arch Coal found themselves heartbroken. A 10-day preliminary injunction hearing was scheduled to start yesterday, but the federal courthouse in St Louis, Missouri, was closed after a security officer tested positive for covid-19. The litigating parties are set to resume in-person today while GCR USA tunes in live from its home office.
Restoring effective competition to where it would have been in the absence of wrongful state aid “is never going to happen,” a European Commission official has said.
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