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

EU-Canada trade agreement enters into force

On Thursday, 21 September, the Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada enters into force provisionally.   Welcoming this milestone in the EU's trade policy, President of the European Commission Jean-Claude Juncker said: "This agreement encapsulates what we want our trade policy to be - an instrument for growth that benefits European companies … Continue reading EU-Canada trade agreement enters into force

10 Years Since The Start Of The Crisis: Back To Recovery

The global financial crisis began 10 years ago and led to the European Union's worst recession in its six-decade history. The crisis did not start in Europe but EU institutions and Member States needed to act resolutely to counter its impact and address the shortcomings of the initial set-up of the Economic and Monetary Union. … Continue reading 10 Years Since The Start Of The Crisis: Back To Recovery