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Latest European Commissioner for Competition Stories

2014-02-10 08:33:03

SANTA MONICA, Calif., Feb. 10, 2014 /PRNewswire-USNewswire/ -- Consumer Watchdog, a U.S. public interest group, has objected to the European Union's College of Commissioners over the antitrust settlement deal with Google that was announced last week by the Commissioner for Competition, Vice President Joaquin Almunia, the group said today. In separate letters addressed to the Commission's Secretary-General and 27 of the 28 commissioners, John M. Simpson, Consumer Watchdog's Privacy...

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2009-12-16 12:15:00

European Union regulators ended a decade-long anti-trust dispute with computer giant Microsoft after reaching a deal that would open up new PCs to rival Internet browsers. Brussels announced the new binding agreement that will allow computer users in Europe who buy new hardware based on Microsoft's Windows operating system to choose which browser they want to install on their PC. Starting in mid-March, the five-year deal will end years of massive fines backed by an EU court. A similar...

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2009-05-30 09:00:00

European Union regulators are negotiating with Microsoft Corp. to force it to include Internet browser choices in its Windows operating system, sources say. The long-running battle between EU Competition Commissioner Neelie Kroes and the U.S. software giant has reached a new stage as efforts to make Microsoft unbundle its Internet Explorer Web browser from Windows have been superceded by a push to instead make it include an array of browser choices to be picked by the user on a ballot screen,...

2009-05-13 08:35:16

The European Commission Wednesday fined Intel a record $1.4 billion, saying the U.S. firm abused its dominance in the computer chip field to curb competition. Neelie Kroes, EU competition commissioner in Brussels, said the penalty was justified against Intel because the world's largest chip maker skewed competition and denied consumers any choice, The New York Times reported. Intel used illegal anti-competitive practices to exclude its only competitor and reduce consumers' choice -- and the...

2008-11-28 12:01:56

The European Commission has accused drug companies of blocking the entry of cheaper generic drugs into Europe, adding billions to the cost of medicine. In a report from Brussels, the EU said anti-competitive practices ranged from initiating lawsuits to hold up competing products to filing multiple patent applications for the same medicine. In one case of patent clustering, the report cited 1,300 patents filed for a single medicine, the Financial Times said. Patent litigation cases involving...

2008-10-02 00:00:18

Business News In Brief PETROCHEMICALS The European Commission fined nine petrochemicals companies a total of 676m (534m) yesterday for forming a "paraffin mafia" to fix prices and carve up markets for paraffin wax, although Shell escaped a 96m fine because it blew the whistle. "There is probably not a household or company in Europe that has not bought products affected by this 'paraffin mafia' cartel, with all that implies in terms of paying over the odds, higher costs and economic...

2008-06-27 09:02:54

EU fines aluminum fluoride producers for price fixing BRUSSELS, June 25 (Xinhua) -- The European Commission Wednesday fined aluminum fluoride producers 4.97 million euros (7.7 million U.S. dollars) for price fixing. Six companies from Italy, Switzerland, Tunisia, Mexico and Norway were found to have set worldwide target prices and divided markets in the second half of 2000, creating a cartel. The Commission said its investigation was triggered by an application for immunity from...

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2008-02-27 12:45:00

Microsoft Corp. was fined by The European Union for a record $1.3 billion Wednesday accusing the Redmond, Washington firm of imposing "unreasonable prices" on rival software developers who wanted to make their products compatible with Windows operating systems.Microsoft has been engaged in a long-lived antitrust disagreement with the EU. The current, record-breaking amount being demanded brought the total amount of fines imposed to just under $2.5 billion. EU regulators said Microsoft was the...

2005-12-22 15:05:15

(Please read in 11th paragraph ...Officials at Oracle Corp., one of Microsoft's biggest competitors, declined to comment on the situation.... instead of ... Oracle Corp., a business software maker and one of Microsoft's most vocal critics, applauded the EU decision. 'We are very pleased with the Commission's decision,' Oracle spokesman Bob Wynne said in a statement.) By Paul Taylor BRUSSELS (Reuters) - Europe's competition regulator threatened U.S. software giant Microsoft with...

2005-12-22 06:48:17

BRUSSELS (Reuters) - The European Commission threatened software giant Microsoft with daily fines on Thursday for failing to comply with antitrust sanctions a year after a top European Union court rejected its appeal. The EU executive said it may fine Microsoft up to 2 million euros ($2.37 million) a day unless it complies with an order to provide interface documentation to allow rivals' group servers to work with the company's ubiquitous Windows operating system. Microsoft has five...


Word of the Day
mundungus
  • A stinking tobacco.
  • Offal; waste animal product; organic matter unfit for consumption.
This word comes from the Spanish 'mondongo,' tripe, entrails.