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Danish company is fined €93.8 million for breach of European Union anti-trust rules.
European Commission Vice-President Joaquín Almunia announced on Wednesday (June 19) fines totalling nearly €150 million on pharmaceutical companies that the Commission judges guilty of illicit agreements to blunt competition in the market for anti-depressant medicines. Lundbeck, a Danish company, is fined €93.8 million, and a handful of generic companies are fined a total of € 52.2 million. The [...] Read more
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Interested parties have a month to comment on payment-card company's offer to reduce charges.
Danish firm complains about fine that it is likely to be hit with next week.
European commissioner for competition launches draft legislation to enable people to claim damages for breaches of EU anti-trust rules.
In successive European Commission administrations, consumer policy has enjoyed an on-again, off-again relationship with health.
Why companies should not fear new EU transparency rules.
Competitiveness council discusses Commission's proposal to revise the audit directive.
EPACA welcomes a constructive dialogue on transparency
Legislation would protect small-scale depositors.
Parliamentary notebook
Parliament in brief
Report on EU Rapid Information System shows that majority of cases involved products made in China.
Germany resisting moves to create a single resolution authority.
BP, Royal Dutch Shell and Statoil raided over concerns about price collusion.
Action needed to keep competition fair.
The move comes ten months after the European Commission told Visa its inter-bank fees might violate EU anti-trust rules
EU bank resolution authority needs a 'sold legal base', says German finance minister.
Finance ministers to discuss how to cope with failing banks.
Most viewed in business
Special report: European single market
Published Thursday, 24 November 2011
Next year is the 20th anniversary of the creation of the EU's single market, and EU policymakers would like to mark the occasion by closing some of the gaps.
The financial crisis has put great strain on the single market, but that has not stopped EU leaders pledging to push it towards completion.
The European Commission has come up with 12 ways to advance the single market.
Chairman of the Parliament's internal market and consumer protection committee on how the single market should progress.
EU state-aid rules have changed rapidly over the past few years, and more change is on the way.
The British prime minister fears that a two-tier EU could damage the single market.
Online gambling is big business, and pressure is building for EU legislation.
In theory, the single market should bring customers price convergence across the EU, but price differences persist between the north and south, [...]
Europe's integration of the banking systems of central and eastern Europe has been hugely beneficial – and is now at risk.
