CASE COMMENTS: MERGERS - EXCLUSIVE JURISDICTION OF THE EC COMMISSION - FREE MOVEMENT OF CAPITAL - FREEDOM OF ESTABLISHMENT - PRIVATISATIONS
Competence: The European Commission takes action against Poland for opposing a merger in the banking sector (Unicredito/HVB)
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– EC Commission, 18 October 2005, Unicredito / HVB, Case COMP/M. 3894.
– EC Commission, press releases IP/06/277 and IP/06/276March 8, 2006
At a time when there are perceived protectionist tensions in Europe, the Commission continues to fight hard to preserve its exclusive competence over operations with a Community dimension and to remove restrictions on free movement in the internal market.
The acquisition of HBV, which indirectly controls the Polish bank BPH, by
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