Competition weekly news summary
13 February 2015



Dear subscriber,

The next competition e-News will be published on 27 February 2015.

Best regards

Mergers

  • Commission opens in-depth investigation into proposed acquisition of rotating equipment manufacturer Dresser-Rand by Siemens
    13 February 2015
    The Commission has opened an in-depth investigation to assess whether the proposed acquisition of rotating equipment manufacturer Dresser-Rand of the US by Siemens of Germany is in line with the EU Merger Regulation. Both companies supply turbo compressors as well as the engines which drive these compressors ("drivers"). The combination of a turbo compressor with a driver is called a turbo compressor train. For turbo compressor trains driven by aero-derivative gas turbines, the Commission has concerns that the proposed transaction may reduce competition for both components, namely turbo compressors and drivers, as well as for turbo compressor trains. The Commission's preliminary investigation also found possible competition concerns in the market for small steam turbines of less than 5 MW.
    Read more >

State aid

  • Commission approves aid to alleviate social costs of closing uncompetitive coal mine in the Czech Republic
    12 February 2015
    The Commission has found public funding to facilitate the closure of the Czech Paskov mine to be in line with EU state aid rules. The aid aims to ease the closure process of the uncompetitive mine and provide financial support to workers.
    Read more >
  • New state aid policy brief on banking restructuring
    3 February 2015
    The Commission's competition services have published a policy brief on state aid control in the banking sector since the outbreak of the financial crisis. The brief evaluates the effectiveness of restructuring measures resulting from over 450 decisions concerning more than a hundred banks.
    Read full policy brief >

Subscriptions:

Editorial and legal information

Published by the Competition Directorate General of the European Commission. The content of this publication does not necessarily reflect the official position of the European Commission. Neither the Commission nor any person acting on its behalf is responsible for the use which might be made of the above information.

© European Union, 2015. Reproduction is authorised provided the source is acknowledged.

Competition website

DG Competition on Twitter