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Tag Archives: European Commission
Antitrust Raids Target Companies Accused of Anti-Competitive Behavior
Several European companies associated with auto glass replacement, specialty chemicals and construction were the target of unannounced antitrust raids by the European Commission and other investigative bodies. The Commission initiated the investigations following what it says were suspicions of anti-competitive … Continue reading
European Commission Approves D’Ieteren’s Acquisition of PHE
The European Commission has approved D’Ieteren’s acquisition of PHE following an investigation into what the development would mean for competition in France’s auto glass repair and replacement industry. While the commission expressed competition concerns, D’Ieteren received approval after agreeing to … Continue reading
Posted in glassBYTEs Original Story Tagged Belron, D’leteren, European Commission, France, Safelite Leave a comment
European Commission and CCPC Investigate Auto Insurers in Ireland
Earlier this month, European Commission officials, as well as officials from the Competition and Consumer Protection Commission (CCPC), carried out unannounced inspections at certain auto insurers in Ireland to investigate suspicions of price fixing. “The Commission has concerns that the … Continue reading
Posted in glassBYTEs Original Story Tagged auto insurance, CCPC, European Commission, Insurance Ireland Leave a comment
EU Commission Approves Saint-Gobain’s Bid to Acquire SIKA
The European Commission has approved the proposed acquisition of Swiss specialty chemical company SIKA AG by French conglomerate Saint-Gobain. Continue reading
Posted in glassBYTEs Original Story Tagged AGRR, EU Commission, European Commission, glassBYTEs.com, Saint-Gobain, Sika 1 Comment
European Court: “Not Enough Evidence” to Fine Soliver Over Alleged Glass Cartel Involvement
The European General Court has allowed Soliver NV—a relatively small glass manufacturer active in automotive glass, as well as other areas—to avoid an almost $5.5 million USD (€4.4 million Euros) fine by ruling that the European Commission did not provide enough evidence of the company’s alleged anti-trust involvement. The company had asked the court for an annulment of the Commission’s decision. Continue reading
European General Court Reduces Saint-Gobain Fine for Antitrust Violations
The General Court of the European Union has reduced the fine imposed on Saint-Gobain for illegal market sharing and exchange of commercially sensitive information regarding deliveries of automotive glass in the European Economic Area (EEA) from $1.2 billion in U.S. dollars (€880 million Euros) to $984 million in U.S. dollars (€715 million Euros). The fine was imposed in 2008 and Saint-Gobain had asked the court for an annulment of the decision. Continue reading