February 1998

Unilateral Practices

 The EU Court of Justice states that an undertaking granted exclusive right was led to abuse its dominant position by demanding disproportionately high prices for the supply of labour to its competitors (Raso)
European Court of Justice (Luxembourg)
Luxembourg 314 contributions 81551 visits
Case C-163/96 Criminal proceedings against Silvano Raso and Others* Although merely creating a dominant position by granting exclusive rights within the meaning of Article 90(1) of the Treaty is not in itself incompatible with Article 86, a Member State is in breach of the prohibitions (...)

Mergers

 The EU Commission fines a South Korean electronic equipment manufacturer for failing to notify a merger (Samsung / AST)
European Commission - DG TRADE (Brussels)
Belgium 25 contributions 6226 visits
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European Commission - DG COMP (Brussels)
Belgium 22 contributions 5618 visits
"Mergers Recent important decisions" On 18 February 1998 the Commission announced that it had fined the Korean company Samsung ECU 33,000 for failing to notify a concentration to the Commission in good time and for putting into effect the concentration without the Commission’s authorisation. (...)

The EU Commission approves, subject to remedies, a merger in the graphic arts film and offset printing plates sectors (Agfa-Gevaert / Du Pont)
European Commission - DG TRADE (Brussels)
Belgium 25 contributions 6226 visits
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European Commission - DG COMP (Brussels)
Belgium 22 contributions 5618 visits
"Mergers Recent important decisions"* In September 1997, Agfa-Gevaert NV and Agfa-Gevaert AG notified their intention to acquire the graphic arts films businesses of EI Dupont de Nemours & Co (Dupont). The operation concerned the sectors for graphic arts film and offset printing plates. (...)

The EU Commission approves a merger between two Swiss based companies active in private and corporate banking and in the financial services business (Schweizerische Bankgesellschaft / Schweizerische Bankverein)
European Commission - DG TRADE (Brussels)
Belgium 25 contributions 6226 visits
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European Commission - DG COMP (Brussels)
Belgium 22 contributions 5618 visits
"Mergers Recent important decisions" On 4 February, 1998 the undertakings Schweizerische Bankgesellschaft (SBG) and Schweizerischer Bankverein (SBV), two Swiss based companies active in private and corporate banking and in the financial services business world wide, notified their proposal to (...)

The EU Commission clears, subject to divestiture, a merger in the pharmaceutical industry (Hoffmann-La Roche / Boehringer Mannheim)
European Commission - DG TRADE (Brussels)
Belgium 25 contributions 6226 visits
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European Commission - DG COMP (Brussels)
Belgium 22 contributions 5618 visits
"Mergers Recent important decisions" In September 1997, the Swiss pharmaceutical company Hoffmann-La Roche proposed to acquire Corage Ltd., ultimate parent company of the Boehringer Mannheim Group (BM). After a preliminary appreciation of the case the Commission concluded that in clinical (...)

State Aid

 The EU Commission launches an initiative for the reorientation of State aid control procedures
European Commission - DG COMP (Brussels)
Belgium 6 contributions 1490 visits
"The Commission’s proposal for a Regulation on State Aid procedures"* I. The Commission’s objectives At the Industry Council of 14 November 1996, under the Irish Presidency, the Commission launched an initiative for the reorientation of State aid control by the use of Article 94 of the Treaty. (...)

Regulatory

 The OECD holds a roundtable on enhancing the role of competition in the regulation of banks
OECD - Competition Division (Paris)
France 308 contributions 1198722 visits
In the light of the country submissions and the oral discussion, the following points emerge: (1) The last two decades have witnessed a significant change in banking regulation. On the one hand, there has been a substantial relaxation in certain regulations such as direct controls on interest (...)

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