European Commissioner for Competition

Pharmaceutical companies are abusing their position to block competitors, concludes European...

by Perro de Jong in Brussels* Pharmaceutical companies are abusing their position to block competitors, concludes European Competition Commissioner Neelie Kroes after conducting a ten-month inquiry. The probe began and ended...

MacSharry, Spring set for banks' boards

Former Finance Minister Ray MacSharry, former Tanaiste Dick Spring and former AIB auditor Tony Spollen are among the leading names set to take up public directorships in the Irish banks covered by the State guarantee, the...

EU blocks French bank capital plan: report

PARIS (Reuters) - The European Commission is blocking a French plan to shore up the capital positions of big retail banks, insisting they must reduce their lending in return for state support, the Financial Times reported on...

Drug firms attacked by EU watchdog

European Union competition watchdogs have delivered the interim findings of their probe into the drugs industry. Commissioner Neelie Kroes and her team believes competition in the pharmaceuticals industry 'does not work as well...

Big Pharma Faces a Crackdown in Europe

The pharmaceutical industry is one of the few sectors around that appears to be weathering these difficult times with relative ease. On Friday the European Commission suggested why that might be: it claims Big Pharma...

European Commission welcomes lower French mobile phone rates

The European Commission has praised the steps being taken by French regulator, ARCEP (Autorité de Régulation des Communications Electroniques et des Postes), to stop the great European mobile phone rip-off. ARCEP wants to lower...

EU accuses drugmakers of blocking generics

EU Competition Commissioner Neelie Kroes has accused drug companies of blocking generics and rival medicines from entering the market. Unveiling preliminary findings from a sector-wide probe, she said drug companies were using...

EU regulators raid drug makers in Europe

BRUSSELS: European Union regulators have conducted a second round of raids on pharmaceutical companies this week, days before findings from a broad investigation into allegations of anti-competitive practices in the sector is...

UPDATE 2-Drugmakers Servier and Teva targeted in EU raids (AFX)

By Ben Hirschler and Bate Felix LONDON/BRUSSELS, Nov 26 (Reuters) - Privately owned French drugmaker Servier and Israel's Teva Pharmaceutical Industries Ltd said on Wednesday they were among companies raided by European...

New Headaches For E.ON

The German energy titan settled a crucial antitrust case, but its problems are far from over. As E.ON finally settled an antitrust case with the European Commission, new problems are popping up for the German energy titan. The...