Last days before the ‘Protecting Competition in a Changing World’ Workshop ❗ Come and join us 👇 📅 15 October 2024, 14:00-17:30 📍 Karel van Miert Auditorium, Directorate-General for Competition 🗣 Be part of the discussions on potential implications for the future of competition policy of the findings from our report published on 24 June 2024 📃 The report has been referenced in numerous publications, including the Draghi Report from 9 September. For registrations and additional information ⬇ 🔗 https://europa.eu/!PrmHD9 To the report ⬇ 🔗 https://europa.eu/!YQrMdg #EUCompetition #ProtectingCompetition #Workshop
EU Competition Policy
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The European Commission DG for Competition | We bring you the latest news and information on #EUcompetition policy
About us
Competition policy is about fairness and keeping market power in check. It encourages companies to offer consumers goods and services that are of high quality, at a fair price and with more choice. It opens doors for new or smaller competitors to take on established players, and to do so on a level playing field. And it sparks efficiency and innovation – crucial factors for the success of the digital and green transitions. Through competition, companies remain nimble and strong. This creates the – big and small – champions that Europe needs to succeed on the global stage. This contributes to more resilient economic growth and fosters employment. Whistle-blower Communication Tools We do not pay, but we appreciate whistleblowers. If you possess insider knowledge of a cartel or other antitrust infringements, please share the information or evidence you hold with us. You can help to detect, stop and punish serious competition law infringements, which damage the EU economy. Three dedicated channels are available to you: an anonymous whistle-blower tool, an email box and a phone line. We keep your identity confidential, but you can even let us know what you know without disclosing your identity. More information can be found on our dedicated Whistle-blower webpage: https://ec.europa.eu/competition-policy/cartels/whistle-blower_en #EUCompetition #EUAntitrust #EUMergerControl #EUStateAid #Whistleblower #cartels
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https://ec.europa.eu/competition-policy/index_en
External link for EU Competition Policy
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Updates
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🔴 The European Commission and the Swiss Competition Commission COMCO close preliminary investigation into alleged patent-related abuse by Novartis 👇 🔍 The investigation, conducted in close cooperation between the European Commission and COMCO, focused on Novartis' acquisition and enforcement of patents related to innovative treatments for a skin condition. 🤝 In September 2022, COMCO carried out unannounced inspections at Novartis’ premises, while the Commission formally requested comprehensive information and documentation from the company. 🛑 After analysing the collected evidence, both authorities concluded that there was insufficient basis to pursue the case further. ℹ The closure of a preliminary investigation does not imply that the behaviour under review complies with EU competition laws. More information ⬇ 🔗 https://lnkd.in/e57dqcuU #EUCompetition #Investigation #Novartis #Medicine #EUSwitzerland
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🔴 The European Commission has approved €1 billion Italian State aid scheme to support farmers affected by floods and landslides 👇 📩 Italy notified the Commission of its plans to introduce a €1 billion scheme to support companies active in the agricultural sector affected by the flood and landslide events in May 2023 in 📍 Emilia-Romagna, Tuscany and Marche. The scheme's objectives are to 🎯 📌 Support investments aimed at restoring agricultural production; 📌 Compensate companies active in primary agricultural product production, processing, and marketing. ✔ Following a thorough assessment, the Commission has approved the scheme, deeming it necessary, appropriate, and proportionate, as well as conducive to the development of economic activity. All information ⬇ 🔗 https://europa.eu/!WrjNnK #EUCompetition #EUStateAid #Agriculture #Italy #Floods
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And here are the winners of the Protecting Competition in a Changing World Student challenge 🏆 Many insightful papers were submitted but four stood out among them all ✨ 👏 Congratulations to Valentin Ronchev, Sveva Rossi, Corentin Dubreucq-Perus, and Mateusz Mintzberg and a heartfelt thank you to all the students who participated in the competition❗ As part of the challenge, university students across the EU were invited to watch the "Protecting Competition in a Changing World" conference, select a panel, and answer the question: "What would you have said if you had been a speaker?" ❓ With such bright minds, the future of EU competition policy is in good hands 🎓 DG Competition and Executive Vice-President Margrethe Vestager look forward to welcoming the winners to Brussels this week 🗣 All information about the student challenge 👇 🔗 https://europa.eu/!xhGKBP The Protecting Competition Conference and the Report 📺 https://lnkd.in/guMBr-iN 📑 https://lnkd.in/gqepvXw2 #EUCompetition #Students #StudentChallenge #ProtectingCompetition
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🌐 This week, DG Competition, together with colleagues from EU Digital & Tech, took part in the G7 ITALIA Competition Summit in Rome 👇 🔍 The discussions centered around the competition challenges posed by the rapid growth of artificial intelligence, especially Generative AI models and algorithms. 👩💻 Authorities and agencies also shared their views on other concerns in digital markets and how to use preventive (ex-ante) and corrective (ex-post) tools to address these challenges. 🔓 It is essential to work for fair access to data, AI chips, computing power, cloud capacity, and technical expertise for developing AI systems, ensuring smaller players can enter and grow in the market. 🕵♀️ DG COMP will keep a close watch on the evolving AI markets, using antitrust and merger tools to prevent market tipping, competition distortion, and strategies that could exclude smaller competitors. 🤝 The G7 competition authorities and policymakers committed to advancing global dialogue and cooperation about AI and competition. More information here below in the Autorità Antitrust press release ⬇ https://lnkd.in/eN_ZtxH8 #EUCompetition #G7 #ArtificialIntelligence #AI #G7Comp2024
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🔴 The European Commission approves €1.2 billion Polish State aid scheme to support investments in electricity storage facilities to foster the transition to a net-zero economy 👇 💶 The scheme will be financed by 📎 the Modernisation Fund, and 📎 the Recovery and Resilience Facility Under the scheme, the aid will take the form of two cumulative support forms: direct grants and loans. ⚡ 🌱 The scheme aims to reduce the reliance of the Polish electricity system on fossil fuels and facilitate the smooth integration of variable renewable energy sources in the national electricity system by supporting the construction of electricity storage facilities. ✔ The Commission concluded that the Polish scheme is necessary, appropriate and proportionate to accelerate the green transition and facilitate the development of certain economic activities. All information ⬇ 🔗 https://europa.eu/!gR6Y4Y #EUStateAid #EUCompetition #GreenTransition #Poland #RRF #renewable
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Thank you to the Autoridade da Concorrência (AdC) - Portuguese Competition Authority, for hosting the ECN technology teams in Lisbon 🤝 We gathered to engage in our regular discussions on technology projects in competition enforcement, addressing key topics such as: 🗣 Exchanging experiences on inspections; ℹ Sharing insights on AI use cases, particularly for enhancing detection tools (e.g., bid rigging) and developing eDiscovery solutions; 👩🎓 Exploring training opportunities to foster talent and expertise and the necessary infrastructure to effectively deploy tech tools, ensuring compliance with key regulations like the AI Act. #ECN #EUCompetition #AI #ArtificialIntelligence
A AdC acolheu a reunião do grupo de trabalho da Rede Europeia da Concorrência (ECN) sobre investigações digitais e Inteligência Artificial (DI&AI), nos dias 1 e 2 de outubro. Este grupo de trabalho da ECN reúne peritos das autoridades nacionais de concorrência da UE que trabalham no domínio da investigação forense e da utilização de ferramentas digitais/IA. As reuniões dos grupos de trabalho da ECN são fóruns privilegiados para intercâmbio de experiências e desafios, bem como procura conjunta de soluções. Esta reunião contou com a participação, enquanto keynote speakers, de Professor Doutor Arlindo Oliveira (Instituto Superior Técnico | INESC), Dr. Jose Ranito (EPPO) e Dr. Rui Sequeira (EMSA) On October 1 and 2, the AdC hosted a meeting of the European Competition Network (ECN) working group on digital investigations and Artificial Intelligence (DI&AI). The ECN DIAI working group brings together experts from EU national competition agencies that work in forensics and the use of digital tools/AI for competition investigations. The ECN working group meetings are a relevant forum for sharing experiences and challenges, and for brainstorming solutions. Professor Arlindo Oliveira (Instituto Superior Técnico | INESC), Mr. José Ranito (EPPO) and Mr. Rui Sequeira (EMSA) joined the first panel of this meeting as keynote speakers. #IA #ECN
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🔴 Today the European Commission has appointed Professor Emanuele Tarantino as the new Chief Competition Economist at the Directorate-General for Competition 👤 We look forward to working with him! More information about the appointment 👇 https://europa.eu/!xGY9pJ #EUCompetition #Economist #ChiefEconomist
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🗣 "For competition enforcers, I think it is clear what must be done: we must continue to monitor transactions in the AI sector, we must continue to assess our options and how to address new challenges and we must do this by working together". 👂 Listen to Executive Vice-President Margrethe Vestager's Keynote speech at the webinar "Generative Al : the challenges for innovation, the economy and competition" organised by the Autorité de la concurrence 📺 ⬇ https://lnkd.in/eHsH_Kda #EUCompetition #AI #ArtificialIntelligence #GenAI #AtEchelle
EVP Margrethe Vestager's Keynote speech on Generative Al and Competition
https://www.youtube.com/
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🔴 The EU Commission has unconditionally approved the proposed acquisition of Kinetics by Exyte under the EU Merger Regulation 👇 🔍 The Commission investigated the impact of the transaction in the EEA markets for services and products for semiconductors and other advanced technology manufacturing facilities. The investigation notably confirmed that Exyte has a strong market position as a general contractor for semiconductor facilities in the EEA. ✔ Nevertheless, the Commission found that the transaction, as notified, would not significantly reduce competition in the relevant markets. More information ⬇ 🔗 https://europa.eu/!NP7HW9 #EUCompetition #EUMergerControl