Commissioner for Competition News

22 hrs ago   |   medicalxpress.com EU fines pharma firms over generics delay (Update) image

—The European Union has fined Danish pharmaceuticals multinational Lundbeck and several other producers a combined 146 million euros ($195 million) for delaying the market entry of cheaper generic alternatives to a major... All similar articles: 524 »

Read more...
22 hrs ago   |   fortmilltimes.com EU fines pharma firms over generics delay image

The European Union has fined Danish pharmaceuticals multinational Lundbeck and several other producers a combined 146 million euros ($195 million) for delaying the market entry of cheaper generic alternatives to a major... All similar articles: 524 »

Read more...

10 hrs ago   |   businessworldads.in EU fines Ranbaxy, others for blocking cheaper drugs image

EU fines Ranbaxy, others for blocking cheaper drugs 9 pharma majors including Lundbeck Merck fined 146 million Brussels/Copenhagen, June 19 Nine drugmakers, including Denmark’s Lundbeck and India’s Ranbaxy, were fined a total...

Read more...
15 hrs ago   |   euronews.net EU fines drugmakers over 'pay-for-delay' image

Nine drugmakers have been fined by EU competition regulators for blocking a cheaper anti-depressant medicine from coming to the market. Danish firm Lundbeck was hit with the largest fine – almost 94 million euros. The eight...

Read more...
16 hrs ago   |   europawire.eu The European Commission Guidelines to Member States on regional aid 2014-2020

Brussels, 19-6-2013 — /europawire.eu/ — The European Commission has adopted guidelines on how Member States can grant investment aid to companies in order to support the development of disadvantaged regions in Europe between...

Read more...
4 hrs ago   |   worldmaritimenews.com EU Commission Approves Amendment to Brodotrogir Restructuring Plan (Croatia) image

The European Commission has authorised an amendment to the restructuring plan for Brodotrogir, one of the Croat shipyards in difficulty. Indeed, the distortion of competition that may arise from the modest increase in the total...

Read more...
Jun 19, 2013   |   kslr.org.uk A Continuing analysis of the Never-Ending Story: Golden Shares after Italian elections

Jelena Ganza PhD candidate, Dickson Poon School of Law, KCL ‘Golden shares’ challenged The ‘golden shares’ (hereafter GS) were created at the time of privatisation when the EU Member States’ Governments were actively disposing...

Read more...
Jun 19, 2013   |   afridigital.wordpress.com Another Chance to Take a Bite Out of Apple in Europe’s iPhone Probe

When you’re the world’s most valuable company, which Apple currently is, you become a popular target for scrutiny. This time, it’s the European Commission, which is looking into whether the company’s iPhone distribution...

Read more...
Jun 17, 2013   |   newestgadgetsinfo.com Another Chance to Take a Bite Out of Apple in Europe's iPhone Probe – Bloomberg

Bloomberg Another Chance to Take a Bite Out of Apple in Europe's iPhone ProbeBloombergThis time, it's the European Commission, which is looking into whether the company's iPhone distribution practices are...

Read more...
Jun 17, 2013   |   wordpress.com EU antitrust regulators seek info from telecom firms, handset makers over Google's Android

“European Union antitrust regulators are asking mobile telecoms operators and handset makers if their Android deals with Google block rivals in mobile telephony, a move that could lead to a second investigation into the...

Read more...
Jun 17, 2013   |   recentonlinenews.com Kroes: unify the mobile market or Europe will fall farther behind – CNET image

Urging compromises so that today’s 27 separate mobile-network markets can be replaced in effect by just one, the European Commission’s Neelie Kroes lays out several ideas for reform. June 17, 2013 6:22 AM PDT Neelie Kroes, the...

Read more...
Jun 16, 2013   |   ft.com Pharmaceutical groups face penalties for generic deals

at Financial Times] - Payments by pharmaceutical companies to generic rivals to delay the launch of competing medicines are coming under fresh pressure on both sides of the Atlantic, with a European regulatory penalty and a ...

Read more...
Jun 17, 2013   |   ft.com Drugs groups face penalty over generics image

By Alex Barker in Brussels and Andrew Jack in London Payments by pharmaceutical companies to generic rivals to delay the launch of competing medicines are coming under fresh pressure on both sides of the Atlantic, with a... All similar articles: 677 »

Read more...
Jun 15, 2013   |   newdelhinews.net Rebuilding Infosys will take 3 years Narayana Murthy image

Infosys said that the company has overcome tougher and bigger challenges before. At the company's AGM, Murthy said that his calling was 'sudden, unexpected and most unusual.' Stating that during last 2 years focus on core...

Read more...
Jun 15, 2013   |   newdelhinews.net Bits Blog Google Calls U.S. Data Request Disclosures a Step Backward for Users

EU quizzes telcos phone makers over Android deals Times Of India - Saturday 15th June, 2013 Google block rivals in mobile telephony, a move that could lead to a second investigation into the company. Google is already seeking... All similar articles: 2134 »

Read more...
Jun 15, 2013   |   newdelhinews.net Microsoft US requested for data on 31000 accounts

Microsoft have struck agreements with the US government to release limited information about the number of surveillance requests they receive, a modest victory for the companies as they struggle with the fallout from... All similar articles: 3239 »

Read more...
Jun 15, 2013   |   indiatimes.com Telcos, phone makers quizzed over Android deals image

The writer has posted comments on this article EU antitrust regulators are asking telecom operators and handset makers if their Android deals block rivals in mobile telephony. BRUSSELS: European Union antitrust regulators are... All similar articles: 245 »

Read more...
Jun 15, 2013   |   newdelhinews.net Why Infosys global sales force get best salary deal

EU quizzes telcos phone makers over Android deals Times Of India - Saturday 15th June, 2013 Google block rivals in mobile telephony, a move that could lead to a second investigation into the company. Google is already seeking... All similar articles: 150 »

Read more...
Jun 15, 2013   |   newdelhinews.net Tweet geekery added to Oxford dictionary image

Oxford English Dictionary (OED) released on Friday. The dictionary said in a quarterly update on its website that it had expanded its entries for "follow" (verb), "follower" (noun), and "tweet" (noun and verb) to include social... All similar articles: 2498 »

Read more...
Jun 15, 2013   |   newdelhinews.net EU quizzes telcos phone makers over Android deals image

Google block rivals in mobile telephony, a move that could lead to a second investigation into the company. Google is already seeking to settle a three-year probe into complaints it squeezed out online search rivals. The...

Read more...
Jun 11, 2013   |   ceps.eu Closing the Funding Gap: Competition at the heart of the single market

Event Date Event Date: Thursday, 17 October, 2013 - 09:00 - 16:30 Chair: René Karsenti, ECMI Chairman and Karel Lannoo, ECMI General Manager Speakers: Joaquín Almunia, Commissioner for Competition and Vice-President, European...

Read more...
Jun 11, 2013   |   libdems.org.uk MEP Sharon Bowles on Commission competition actions for damages proposal

Sharon Bowles (ALDE, UK), Chair of the European Parliament's Economic and Monetary Affairs Committee, on Tuesday welcomed the Commission proposal for rules to facilitate compensation for victims of breaches of competition law....

Read more...
Jun 12, 2013   |   ibtimes.co.uk Market Fixing Scandal: World’s Largest Banks Rigging Currency Rates

By Lianna Brinded : Subscribe to Lianna's RSS feed | June 12, 2013 12:40 PM GMT Pools of traders at some of the world's largest banks are fixing and colluding to manipulate benchmark foreign-exchange rates, in a bid to book... All similar articles: 312 »

Read more...
Jun 12, 2013   |   reuters.com Austrian minister rejects costly 'bad bank' option for Hypo image

VIENNA (Reuters) - Austria is seeking "creative" ways to clean up ailing nationalised lender Hypo Alpe Adria, Finance Minister Maria Fekter said on Wednesday, rejecting the option of a "bad bank" that would hit state finances...

Read more...
Jun 11, 2013   |   europawire.eu Victims of antitrust violations can claim damages under newly proposed EU legislation image

Brussels, 11-6-2013 — /europawire.eu/ — Antitrust: Commission proposes legislation to facilitate damage claims by victims of antitrust violations. The European Commission has adopted a proposal for a Directive on how citizens... All similar articles: 145 »

Read more...
Jun 10, 2013   |   kslr.org.uk A Continuing analysis of the Never-Ending Story: Golden Shares after Italian elections

Jelena Ganza PhD candidate, Dickson Poon School of Law, KCL ‘Golden shares’ challenged The ‘golden shares’ (hereafter GS) were created at the time of privatisation when the EU Member States’ Governments were actively disposing...

Read more...
Jun 10, 2013   |   ricochet.com Andrew Stuttaford : No Questions To Be Asked image

In a distressing failure to maintain my conspiracist credibility I have to admit that I am not one of those who believe that the Bilderberg Group is in the business of establishing some sort of secret world government, but this...

Read more...
Jun 7, 2013   |   futuresmag.com Metal Bulletin likely to introduce auditing of pricing

Companies playing it safe in wake of Platts raid By Simon Casey June 6, 2013 • Reprints Metal Bulletin Ltd., which has published metals prices for 100 years, is considering hiring an outside auditor amid heightened scrutiny of...

Read more...
Jun 7, 2013   |   euractiv.com Payment Services Directive: The new payments landscape (LinksDossier) image

The Payment Services Directive (PSD) was adopted by the EU Council of Ministers in March 2007, but an explosion in e-commerce through the internet and the ownership and use of smartphones has taken place since then. In response...

Read more...
Jun 7, 2013   |   theneweconomy.com Brussels probes iPhone distribution image

European regulators have announced a new probe looking into Apple’s sales methods. There are suspicions that tactics employed by the company pertaining to the sale and stock of iPhones might violate competition laws and... All similar articles: 3625 »

Read more...