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Microsoft fined $730m for breaking EU promiseEU antitrust regulators fined Microsoft 561 million euros ($731 million) on Wednesday for breaking a promise to offer European consumers a choice of web browser. Microsoft had made the pledge in 2009 in settling an antitrust inves More… |
$1.92bn cartel fine on Philips, 5 othersThe European Commission imposed the biggest antitrust penalty in its history on Wednesday, fining six firms including Philips, LG Electronics and Samsung SDI a total of 1.47 billion euros ($1.92 billion) for running two cartels More… |
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EU to decide on Glencore-Xstrata deal by Nov 8EU antitrust regulators have set a Nov 8 deadline to decide on whether to allow trader Glencore's $33 billion takeover of miner Xstrata, after months of talks which the companies hope will help avoid forced sales or a lengthier, in-depth pro More… |
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Softer rules on bank aid says EU antitrust chiefEU countries that want to bail out struggling banks will continue to have leeway to do so, the official in charge of enforcing antitrust rules said on Thursday, promising to keep rules flexible into next year. Competition Commissioner Joaq More… |
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Brand owners can block online sales: EUThe European Commission has unveiled revised antitrust rules allowing luxury brand owners to block online retailers without a bricks-and-mortar shop from distributing their products. In a bid to counter criticism from online retailers such More… |
