Questions and Answers on the EU list of non-cooperative tax jurisdictions

Why has the EU produced a list of non-cooperative tax jurisdictions? The new list is part of the EU's work to clamp down on tax evasion and avoidance. It will help the EU to deal more robustly with external threats to Member States' tax bases and to tackle third countries that consistently refuse to play … Continue reading Questions and Answers on the EU list of non-cooperative tax jurisdictions

Anti-dumping: EU agrees on new rules for protecting its producers against unfair trade practices

On 11 October 2017, EU ambassadors endorsed the political agreement reached between the presidency and the European Parliament on a proposed methodology for assessing market distortions in third countries. The new rules will maintain the EU's capacity to protect its producers against unfair trade practices. They aim at detecting and redressing cases where prices of … Continue reading Anti-dumping: EU agrees on new rules for protecting its producers against unfair trade practices

Antitrust: Commission fines Scania €880 million for participating in trucks cartel

The European Commission has found that Scania broke EU antitrust rules. It colluded for 14 years with five other truck manufacturers on truck pricing and on passing on the costs of new technologies to meet stricter emission rules. The Commission has imposed a fine of €880 523 000 on Scania. In July 2016, the Commission reached … Continue reading Antitrust: Commission fines Scania €880 million for participating in trucks cartel

First summer without roaming charges: Europeans see benefits of the new rules

The first summer without roaming charges shows that Europeans are aware of the new rules and have started changing their habits when travelling abroad in the EU. According to a Flash Eurobarometer survey published today, a large majority of Europeans recognise the benefits of roaming without extra charges. Thanks to the new EU roaming rules, in place … Continue reading First summer without roaming charges: Europeans see benefits of the new rules

Mergers: Commission opens in-depth investigation into proposed acquisition of Monsanto by Bayer

The Commission has opened an in-depth investigation to assess the proposed acquisition of Monsanto by Bayer under the EU Merger Regulation. The Commission has concerns that the merger may reduce competition in areas such as pesticides, seeds and traits. Commissioner Margrethe Vestager, in charge of competition policy, said: “Seeds and pesticide products are essential for farmers and … Continue reading Mergers: Commission opens in-depth investigation into proposed acquisition of Monsanto by Bayer

Mergers: Commission approves acquisition of Banco Popular Español S.A. by Banco Santander

The European Commission has approved, under the EU Merger Regulation, Banco Santander's proposed acquisition of Banco Popular Español, S.A. The Commission concluded that the transaction would not raise competition concerns in the European Economic Area. Banco Santander and Banco Popular are universal banks, providing commercial, retail investment and wholesale banking services as well as insurance … Continue reading Mergers: Commission approves acquisition of Banco Popular Español S.A. by Banco Santander

Antitrust: Commission sends Statement of Objections to Teva on ‘pay for delay’ pharma agreement

The European Commission has informed pharmaceutical company Teva of its preliminary view that an agreement concluded with Cephalon was in breach of EU antitrust rules. Under the agreement, Teva committed not to market a cheaper generic version of Cephalon's drug for sleep disorders, modafinil.   Margrethe Vestager, Commissioner in charge of competition policy, said: "Market entry … Continue reading Antitrust: Commission sends Statement of Objections to Teva on ‘pay for delay’ pharma agreement