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The next competition e-News will be published on 8 January 2016.
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Mergers
- Commission clears Trafigura's acquisition of de facto sole control of Nyrstar
16 December 2015
The European Commission has approved under the EU Merger Regulation the acquisition of sole control of Nyrstar of Belgium by Trafigura of the Netherlands. Trafigura is one of the world's leading independent commodity traders, specialising in oil, minerals and metals markets. Nyrstar is an integrated mining and metals business, with established positions in zinc and lead.
The investigation showed that there would not be any adverse effects for
competition in the market for zinc metal in the EEA.
Read more >
State Aid
-
Commission
concludes the resolution of Greek Cooperative Bank of Peloponnese involves no
aid
18 December 2015
The European Commission has found that resolution support for Cooperative
Bank of Peloponnese does not involve State aid within the meaning of the EU
rules. The Bank of Greece has decided to put the small cooperative bank (with
less than 0.1% market share in Greece) into resolution because it had a
capital shortfall and did not succeed in raising new capital from private
investors.
Read more >
- Commission approves additional aid for Cypriot cooperative banks on the basis of an amended restructuring plan
18 December 2015
The European Commission has approved additional state aid of €175 million
in favour of the Cooperative Central Bank Ltd. in Cyprus and its subsidiaries
in line with EU state aid rules. The Commission concluded in particular that
the additional restructuring measures that the bank committed to implement
will ensure that the bank becomes viable in the long-term whilst distortions
of competition will be minimised.
Read more >
- Commission approves restructuring aid to Hungarian bank MKB
16 December 2015
The European Commission has concluded that Hungarian plans to grant state aid
for the restructuring of Hungarian bank Magyar Kereskedelmi Bank Zrt (MKB) are
in line with EU state aid rules. The Commission found in particular that MKB's
restructuring plan will enable the bank to become viable in the long-term and
ensured that the bank's owners contribute to the cost of restructuring while
limiting the distortions of competition created by the aid.
Read more >
Court
- Case T-515/13 Spain and others vs. Commission
17 December 2015
The General Court annulled the Commissions' decision that the
Spanish tax lease system is an illegal state aid. The Commission had taken the
view that the system had unduly granted a selective economic advantage which
ultimately benefited Spanish shipyards to the detriment of the shipyards of
other Member States. The Court stated that the Commission decision is vitiated
by a number of errors and contains an insufficient statement of reasons
concerning the classification as State aid.
See the Court's press release>
See Court of Justice case page (FR)>
- Case T-486/11 Orange Polska vs. Commission.
17 December 2015
The General Court dismissed an action for annulment of Commission Decision C(2011) 4378 regarding the abuse of a dominant position in the Polish telecommunication wholesale
Bitstream access (BSA) market and the Polish wholesale
Local Loop Unbundling (LLU) market by refusing to give access to its network and to supply BSA and LLU wholesale products.
See Court of Justice case page>
- Cases T-9/11,T-28/11,T-36/11,T-38/11,T-39/11,T-40/11, T-43/11, T-46/11, T-48/11, T-56/11, T-62/11, T-63/11, T-67/11
16 December 2015
The General Court annulled the Commission's decision
C(2010) 7694 imposing fines on several airlines for their participation in
a cartel coordinating the pricing of freight services. The General Court found
contradictions between the grounds and the operative part of the decision.
See the Court's press release>
See Court of Justice case page T-9/11 Air Canada>
See Court of Justice case page T-28/11 KLM>
See Court of Justice case page T-36/11 Japan Airlines>
See Court of Justice case page T-38/11 Cathay Pacific>
See Court of Justice case page T-39/11 Cargolux>
See Court of Justice case page T-40/11 Latam Airlines>
See Court of Justice case page T-43/11 Singapore Airlines>
See Court of Justice case page T-46/11 Deutsche Lufthansa et al>
See Court of Justice case page T-48/11 British Airways>
See Court of Justice case page T-56/11 SAS Cargo>
See Court of Justice case page T-62/11 AirFrance KLM>
See Court of Justice case page T-63/11 AirFrance>
See Court of Justice case page T-67/11 MartinAir>
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