February 1998

Mergers

The EU Commission fines a Korean electronic equipment manufacturer for failing to notify a merger (Samsung / AST)
European Commission - DG TRADE (Brussels)
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DG COMP (Brussels)
"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)
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DG COMP (Brussels)
"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)
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DG COMP (Brussels)
"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)
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DG COMP (Brussels)
"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

Regulatory

The OECD holds a roundtable on enhancing the role of competition in the regulation of banks
OECD - Competition Division (Paris)
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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