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Tuesday, November 24, 
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Entries tagged "European Commission"

Oracle to EC: Get ready for a fight

European antitrust regulators issue objections to Oracle's Sun bid; Oracle bites right back.


Ellison pleads his case while Sun bleeds

Ellison reportedly meets with EC to ease antitrust concerns, while Sun lays off 3,000.


Widenius asks Oracle to set MySQL free

Monty Widenius argues Oracle should divest Sun's open source database unit to circumvent antitrust concerns.


AMD comments on Intel EC antitrust fine

Not surprisingly, Avanced Micro Devices applauds the European Commission's decision to fine Intel a record $1.45 billion in an antitrust case.


Intel will appeal EC $1.45B antitrust fine

Intel beats Microsoft's record for biggest antitrust fine levied by the European Commission. Intel vows to appeal.


French finance minister: 'Fingers crossed' on EC approval

What a difference a few days make. On Monday, French officials denied that European regulators had problems with their plans to inject €10.5 billion ($13.3 billion) into the nation's leading lenders. By Friday, France's Finance Minister Christine Lagarde was on the radio imploring the European Commission to let the aid package pass. ...


Will EC block French state aid to banks?

How weak do a nation's banks need to be to qualify for state aid? It is a question that the European Commission appears to be wrestling with as it ponders a French proposal to provide €10.5 billion ($13.6 billion) of loans to its top six lenders by the end of the month. A report in the Financial Times on Saturday claimed that the Commission, the European Union's financial watchdog, was considering blocking the aid because it would be used to increase the bank's lending books rather than dig them out of a financial hole. The report was denied by...


Germany moves against sovereign wealth funds

As sovereign wealth funds have moved to prop up battered global financial giants -- Barclays Plc, Citigroup Inc., Merrill Lynch & Co. Inc., and  Morgan Stanley, the list goes on and on -- lawmakers have grown increasingly skittish about the clout of these state-owned entities....


Soapbox: Continental competition

Michael Sanders, a partner in Linklaters' London litigation practice specializing in contentious competition and EU law, provides analysis on the enforcement of EC antitrust rules through legislation for The Deal International. The European Commission published its much anticipated white paper on damages actions for breach of EC antitrust rules on April 3. At the accompanying media launch in Brussels, Commissioner Neelie Kroes emphasized the commission's determination to assist businesses and consumers in enforcing their "right to damages" resulting from anti-competitive practices. The stated aim of the range of substantive and procedural proposals made by the commission is to move such...


Soapbox: Think globally, act locally

In The Deal International, Carsten T. Gromotke, a partner in charge of international law firm Jones Day's German antitrust practice, examines antitrust issues in Germany. Ever since the General Electric Co.-Honeywell International Inc. debacle in 2001, dealmakers on both sides of the Atlantic are well aware that European merger approval cannot always be taken for granted, even if involving transactions between parties that have their headquarters and principal business outside Europe. ...



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