European Commission fines Mastercard €570 million for obstructing merchants’ access to cross-border card payment services

The European Commission has fined the card scheme Mastercard €570 566 000 for limiting the possibility for merchants to benefit from better conditions offered by banks established elsewhere in the Single Market, in breach of EU antitrust rules. Commissioner Margrethe Vestager, in charge of competition policy, said: “European consumers use payment cards every day, when they buy … Continue reading European Commission fines Mastercard €570 million for obstructing merchants’ access to cross-border card payment services

Antitrust: European Commission fines Guess €40 million for anti-competitive agreements to block cross-border sales

The European Commission today fined the clothing company Guess €39 821 000 for restricting retailers from online advertising and selling cross-border to consumers in other Member States ("geo-blocking"), in breach of EU competition rules. Commissioner Margrethe Vestager, in charge of competition policy, said: "Guess' distribution agreements tried to prevent EU consumers from shopping in other Member States … Continue reading Antitrust: European Commission fines Guess €40 million for anti-competitive agreements to block cross-border sales

Digital Single Market: New EU rules allow Europeans to shop online without borders

On 3rd of December 2018 the new regulation proposed by the European Commission in May 2016 to end unjustified geo-blocking online will enter into force. Europeans will not have to worry about a website blocking or re-routing them just because they, or their credit card, come from a different country. Wherever they are in the … Continue reading Digital Single Market: New EU rules allow Europeans to shop online without borders

Brexit Negotiations: What is in the Withdrawal Agreement

The European Commission and the United Kingdom's negotiators have reached an agreement on the entirety of the Withdrawal Agreement of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community, as provided for under Article 50 of the Treaty on European Union. The Withdrawal Agreement establishes the … Continue reading Brexit Negotiations: What is in the Withdrawal Agreement

Auditors publish Background Paper on EU competition policy enforcement

The European Court of Auditors has today published a Background Paper on the enforcement of the EU’s competition rules. Background Papers provide information on ongoing audit tasks and are designed as a source of information for those interested in the policy and/or programmes being audited. Today’s Paper is based on preparatory work for an audit … Continue reading Auditors publish Background Paper on EU competition policy enforcement

Antitrust: Commission fines four consumer electronics manufacturers for fixing online resale prices

The European Commission today fined, in four separate decisions, consumer electronics manufacturers Asus, Denon & Marantz, Philips and Pioneer for imposing fixed or minimum resale prices on their online retailers in breach of EU competition rules. The fines totalling over €111 million were in all four cases reduced due to the companies' cooperation with the … Continue reading Antitrust: Commission fines four consumer electronics manufacturers for fixing online resale prices

Single Market: trading safe products across Europe

Question & Answers on the Commission proposals What is the Commission proposing and why? The free movement of goods is one of the building blocks of the EU Single Market. It means that companies can sell their products in any EU country without additional barriers. This creates new opportunities for businesses, but also gives consumers a wider … Continue reading Single Market: trading safe products across Europe