Keywords: European Commission


Baker Hughes secures conditional EU approval for $13.6 billion Chart Industries acquisition

Baker Hughes has received conditional clearance from the European Union for its proposed $13.6 billion acquisition of Chart Industries, overcoming a key regulatory hurdle after agreeing to divest part of Chart’s business to address competition concerns. The decision, announced by the European......

EU set to launch in-depth antitrust review of Saipem-Subsea 7 merger

The proposed merger between Italian energy engineering group Saipem and Norway's Subsea 7 is expected to enter an in-depth European Union antitrust investigation, as regulators examine whether the transaction could reduce competition in the offshore energy services market. People familiar with the......

Brussels hosts international donor conference to strengthen financial support for the Palestinian Authority

Brussels will host an international donor conference on Monday aimed at securing additional financial support for the Palestinian Authority as international partners seek to reinforce governance, accelerate institutional reforms and advance Gaza's recovery efforts. The meeting, announced by the......

SAP avoids potential EU antitrust penalty after agreeing to ease customer switching rules

German software giant SAP has avoided a possible European Union antitrust fine after agreeing to changes designed to make it easier for customers to switch service providers or terminate contracts, EU competition regulators announced on Thursday. The European Commission said SAP’s commitments......

Sanofi faces EU scrutiny as Brussels reviews proposed competition remedies

The European Commission has opened a new phase in its examination of Sanofi’s practices in the influenza vaccine market, seeking feedback on commitments proposed by the French pharmaceutical group to address concerns over possible anti-competitive conduct. The move follows an investigation launched......

EU’s top court upholds €4.1 billion Antitrust fine against Google over Android practices

Europe’s highest court has upheld a €4.1 billion ($4.8 billion) antitrust penalty against Google, rejecting the technology giant’s final appeal in one of the European Union’s most significant competition cases. The ruling confirms that Google abused its dominant position in the......

EU estimates Montenegro accession cost at €3.2 billion, says impact on citizens would be minimal

The European Commission has estimated that Montenegro’s potential accession to the European Union would cost approximately €3.2 billion ($3.65 billion) for the bloc, according to a statement released on Tuesday in Brussels. Despite the headline figure, the Commission emphasized that the financial......

Germany demands €400 billion EU budget cut, warning current plan is “Unaffordable”

Germany is calling for a major reduction in the European Union’s long-term budget, demanding cuts of around €400 billion ($456 billion) to the European Commission’s proposed spending plan for 2028–2034, according to an internal government document seen on Tuesday. The proposal......

European Union prepares new tariffs on Chinese plug-in hybrid vehicles

The European Union is reportedly preparing to introduce new tariffs on Chinese-made plug-in hybrid vehicles as part of its broader effort to address concerns over trade imbalances and competition within the automotive sector. According to reports, the European Commission is considering countervailing......