European Commission fines car parts suppliers €18 million in cartel settlement
The European Commission has fined Brose and Kiekert a total of €18 million for taking part in two cartels concerning supplies of closure systems for cars. Click here.
CMA opens investigation into Essential Pharma's withdrawal of supply of medicine
The CMA has opened an investigation to assess whether Essential Pharma's proposed withdrawal of the supply of a medicine amounts to an abuse of a dominant position. Click here.
General Court dismisses appeal against European Commission prohibition in HeidelbergCement/Schwenk/Cemex merger case
The General Court has dismissed the appeal against the European Commission prohibition of the acquisition by HeidelbergCement and Schwenk Zement, through their 50/50 full-function joint venture Duna-Dráva Cement, of two Cemex subsidiaries in Hungary and Croatia. Click here.
Ofgem issues statement of objections to PayPoint
Ofgem has issued a statement of objections to PayPoint, a company that provides over-the-counter payment services to prepayment energy customers in the UK, in relation to exclusivity clauses in its contracts with energy suppliers and retailers. Click here.
EU
European Commission
- The European Commission has approved Worldline's acquisition of Ingenico, subject to conditions. Click here.
- The European Commission has sent a Statement of Objections to Conserve Italia for participation in the canned vegetables cartel. Click here.
UK
CMA
- The CMA has accepted undertakings in lieu of a reference from Ardonagh to unwind its recent purchase of Bennetts, a rival supplier of motorcycle insurance services. Click here.
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