May 1999

Anticompetitive practices

The OECD holds a roundtable on oligopoly
OECD - Competition Division (Paris)
Key documents: Executive Summary with key findings, Detailled Summary of the discussion, Background note Executive summary, by the Secretariat Considering the discussion at the roundtable, the delegate submissions, and the background paper, the following key points emerge: Mutually aware (...)

Mergers

The EU Commission revokes its decision to clear a merger in the pharmaceutical sector because the clearance was based on incorrect information (Sanofi / Synthélabo)
European Commission - DG TRADE (Brussels)
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European Commission - DG TRADE (Brussels)
"Mergers: Recent developments and important decisions"* Pursuant to Article 6(3)(a) of the EC Merger Regulation, the European Commission revoked its decision of 15 March 1999, which cleared the merger of Sanofi, controlled by the Elf-Aquitaine group and Synthélabo, controlled by the L’Oréal (...)

The Greek Competition Authority clears a merger in the market for aluminium packages for soft drinks and beers, subject to supply obligations and maintenance of current credits and delivery terms (Hellas Can / Alucanco)
Zepos & Yannopoulos
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Deloitte (Greece)
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Zepos & Yannopoulos
The operation The Hellenic Competition Commission approved by virtue of its decision 51/II/1999 dated 3 May, 1999 the acquisition of the total share capital of the companies “TRANSATLANTIC SHIPPING AND INVESTMENT COMPANY LIMITED” and “OCEANWIND SHIPPING AND INVESTMENT COMPANY LIMITED”, (...)

State Aid

The European Commission authorizes, subject to certain conditions, aid granted by the German government in favor of chemicals companies (Dow/Buna SOW Leuna Olefinverbund)
DG COMP (Brussels)
"Germany - Commission, subject to certain conditions, decides to confirm its decision of May 1996 to authorize aid in favour of Dow/Buna SOW Leuna Olefinverbund GmbH (BSL)"* On 26 May 1999, the Commission decided to close the Article 88(2) proceeding, reopened on 10 December 1997, and to raise (...)

The European Commission decides that the tax measure partially accelerated depreciation for R&D laboratories granted by the Dutch government does not constitute state aid
DG COMP (Brussels)
"The Netherlands – Commission decides that the tax measure ‘partially accelerated depreciation for R&D laboratories’ does not constitute state aid"* In May 1999 the Commission decided to raise no objections to the notified tax measure ‘partially accelerated depreciation for R&D (...)

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