ebook img

European Union competition policy PDF

132 Pages·2002·0.57 MB·English
by  
Save to my drive
Quick download
Download
Most books are stored in the elastic cloud where traffic is expensive. For this reason, we have a limit on daily download.

Preview European Union competition policy

European Union competition policy XXXIst Report on competition policy 2 0 0 1 European Commission Directorate-General for Competition A great deal of additional information on the European Union is available on the Internet. It can be accessed through the Europa server (http://europa.eu.int). Cataloguing data can be found at the end of this publication. Luxembourg: Office for Official Publications of the European Communities, 2002 ISBN 92-894-3536-4 © European Communities, 2002 Reproduction is authorised provided the source is acknowledged. Printed in Belgium PRINTED ON WHITE CHLORINE-FREE PAPER FOREWORD BY MARIO MONTI Member of the Commission in charge of competition policy The year 2001 saw intense activity in all three choice, technological innovation and price com- areas of competition policy: antitrust, merger petition. This is achieved if companies compete control and State aid. Several cases decided by rather than collude and if market power is not the Commission aroused considerable public abused. When competitive conditions prevail, interest, either because of particularly high fines producers try to attract customers by offering or aid amounts or because of the size of mergers them lower prices, higher quality or better service that eventually were not authorised, or because of than their competitors. In other words: we under- important settlements in antitrust cases linked to take to work for the benefit of the European citi- sports (footballer transfers, Formula One). In the zen. It can be seen from the examples given in this merger field, activity continued to be very sub- report whether this objective is being attained. stantial, although the rate of notified concentra- tions resulting in a prohibition decision remained The report will give a broad overview of how the very modest. The Commission adopted a Green Commission has performed its task of monitoring Paper on the review of the merger regulation with the proper functioning of competition in the single the aim of launching a debate on how to improve market. Here, I should like to focus on two topics the current EU merger control system. where crucial progress was made in 2001: the fight against cartels, and international and multi- Substantial progress was also made in the area of lateral cooperation (including enlargement). State aid policy. The Stockholm European Coun- cil called on all Member States to demonstrate a downward trend in State aid and to redirect aid Cartels toward horizontal objectives of common interest. The increased transparency resulting from the new State aid register and State aid scoreboard Record amount of fines will make it possible to monitor the progress achieved by Member States. Major areas where One of the things for which 2001 will doubtless we broke new ground include our proposals to be remembered is the unprecedented activity that end State guarantees for public banks in Ger- took place in the sphere of cartels. With 10 nega- many, the launching of a wide-ranging investiga- tive decisions against 65 enterprises, fines total- tion into the effects of aid in the form of fiscal ling over EUR 1 800 million, nearly half of measures, and our decisions on stranded costs in which in the Vitamins case alone, and the largest the electricity sector. individual fine ever imposed (in the Carbonless paper case), the year will go down as a milestone In the light of these developments, it is particu- in the Commission’s struggle against cartels. larly important for me as Member of the Euro- pean Commission with special responsibility for Since I took up my present duties in September competition to explain the benefits of competi- 1999, I have stated on a number of occasions, tion policy and the relevant work of the Commis- clearly and publicly, that I consider cartels to be a sion. This annual report is a good opportunity to veritable cancer in an open, modern market look back critically at what we have achieved, to economy. Unlike other forms of anticompetitive draw conclusions for future action and to verify behaviour, they serve one purpose and one pur- whether our action is in line with our objective. pose alone: that of reducing or eliminating com- petition. They bring no benefit to the economy Our objective is to ensure that competition is and can therefore never be viewed favourably undistorted, so as to permit wider consumer from an economic standpoint. Their impact is 3 entirely negative in that they lead to less choice doubt that we shall leave them no respite, that for consumers, higher costs and reduced compet- they will be detected and that the penalties will be itiveness for industry, delays in firms making heavy. In a word, that it is more dangerous than essential adjustments and less innovation. profitable to participate in a cartel and that their only chance of lessening the financial conse- Such is the price to pay for a cartellised economy. quences of their actions is to put a stop to them And it is a high price as far as the European econ- and come forward and talk to us under the leni- omy is concerned. As the decisions taken this ency programme. year show, cartels are numerous, affecting as they do many sectors ranging from banking services to industrial products, and from air transport to con- Enlargement and competition sumer goods. They involve both small firms and world leaders, and concern local markets and The year 2001 was also an important year for the world markets alike. accession negotiations on competition. These were provisionally closed in early December with Estonia, Latvia, Lithuania and Slovenia. Increased enforcement efforts Negotiations are being pursued with Bulgaria, When I assumed office as competition commis- Cyprus, the Czech Republic, Hungary, Malta, sioner, I was determined to step up the Commis- Slovakia, Poland and Romania. Even with the sion’s efforts in the area of enforcement. I am four candidate countries for which the competi- convinced that the effectiveness of an anti-cartel tion chapter was provisionally closed, continuous policy depends first and foremost on its capacity monitoring will apply. The provisional closure of to dissuade managers from engaging in collusive the negotiations with four candidate countries in behaviour. Such dissuasion is effective only if 2001 reflects the important progress they have there is a real chance of being punished and if the made in the adoption and implementation of the amount of the penalties is sufficiently high com- Community’s competition acquis. pared with the profits to be earned from a cartel. In the coming months, the Commission will con- This priority has been translated over the past two tinue to assist the candidate countries in their years into radical action in the case-handling transformation process in the competition field. sphere. We have considerably strengthened the In this context, I would like to emphasise the human and material resources of our unit special- problem of incompatible State aid measures in ising in the handling of cartel cases and we shall the candidate countries, in particular those aimed continue to do so in 2002. We have shifted the at attracting foreign direct investment. Indeed, a focus of the other antitrust operational units of lack of proper State aid discipline seems to be the the Directorate-General for Competition towards major stumbling block for those candidate coun- the fight against cartels, both as regards the detec- tries for which the competition chapter has not tion and as regards the prosecution and punish- yet been provisionally closed. As we need to pre- ment of cartels. We have intensified our contacts serve the integrity of the single market, the EU with our opposite numbers in the Member States’ cannot accept any continuance of incompatible competition authorities, and with those further State aid measures in the candidate countries afield, especially in the United States and Can- after accession. This is of crucial importance, ada, in order better to combat practices that are not least for investors who seek legal security. In becoming worldwide. And we have put in place fact, the Commission is actively helping the can- management tools enabling more efficient and didate countries in converting incompatible State more speedy management of cartel cases. aid into permissible aid arrangements before accession. The resounding successes in 2001 are the first fruits of this action. I am very pleased with them. For their successful integration into the Union, But they are just a beginning. the candidate countries also need a competition culture where businesses have learnt to obey the The credibility of an anti-cartel policy, its power rules and where consumers become increasingly to dissuade and hence its effectiveness are built aware of its benefits. This is particularly impor- up over time. The managers and directors of com- tant inasmuch as awareness of the important role 4 panies engaging in such practices must be in no played by competition policy also leads to enhanced enforcement of the rules. Companies on trade and competition. The fourth WTO min- and private individuals can do much to help to isterial meeting, which took place in Doha enforce the rules by bringing competition cases (Qatar) from 9 to 14 November, adopted a decla- before the courts and complaints before the com- ration addressing the ‘interaction between trade petition authorities. I hope this will also increas- and competition policy’. The declaration is a sig- ingly happen in the candidate countries, thus nificant development in our efforts towards mul- helping to ensure healthy competition on the mar- tilateral competition rules in the WTO since it kets and hence to complete those countries’ tran- recognises for the first time that there is a valid sition to well-functioning market economies. case for the WTO to negotiate and conclude a multilateral agreement on trade and competition. The Commission’s modernisation proposals in Until recently, the very principle of having such the antitrust area are precisely tailored to promot- an agreement at the WTO was somewhat contro- ing the growth of such a competition culture. Our versial. The recognition of the importance of reform is aimed at making antitrust enforcement developing such a framework and its relevance to even more effective through the direct applicabil- international trade and development will contrib- ity of all elements of our antitrust rules by ute towards the introduction and more effective national courts and authorities. Furthermore, par- application of domestic competition regimes and ticular emphasis is being put on the further deep- will be of considerable benefit to consumers ening of the network connecting the Commission worldwide. Moreover, even if proponents of mul- and national competition authorities in the tilateral competition rules need to wait until the enforcement exercise. This is, of course, also of fifth WTO ministerial meeting in order to enter great relevance from the point of view of the can- the formal phase of negotiations on the multilat- didate countries. The potential target dates of eral agreement, there is now a clear commitment accession of the new Member States and the to launching such negotiations on a certain date application of the antitrust reform essentially and the issue will fall within the single undertak- coincide. As soon as the current candidate coun- ing. For all practical purposes, we have now tries become Member States, their antitrust entered a ‘preparatory phase’ during which we authorities will become an integral part of the can do much useful work to clarify with our part- more decentralised, more active antitrust ners from developing and developed countries enforcement network. From this perspective, the the elements needed in such an agreement. Fur- current pre-accession phase is particularly impor- thermore, the EU proposals on the basic elements tant. But in view of the progress already made, for such an agreement were widely accepted in and the regular contacts that have been estab- Doha. The declaration focuses indeed on the ele- lished between the Commission and the competi- ments that the EU has highlighted as items that tion offices of the candidate countries, we should need to be taken up first for clarification (core be confident about the future. principles of competition policy, such as trans- parency, non-discrimination and procedural fair- ness, commitment to outlawing hardcore cartels, International modalities for voluntary cooperation between and multilateral cooperation antitrust authorities). Finally, the declaration paves the way for more focused technical assist- In times of globalisation, international coopera- ance and capacity building that will help emerg- tion must not be limited to candidate countries. ing and developing economies to better under- We have to find means of linking together on a stand and appreciate the significance of these global level competition authorities, but also issues. competition policy concepts. In 2001, progress was made on two forms of multilateral coopera- tion where the Commission had been at the fore- International competition network front of the initiative. On a more informal level, the international com- WTO: trade and competition policy petition network (ICN) was launched in October, following intensive discussions initiated in the One relevant forum is the World Trade Organisa- autumn of 2000. This is the first time competition tion (WTO). Since 1996, we have pioneered the authorities worldwide have taken an autonomous idea of putting in place a multilateral agreement initiative designed to enable them to share experi- 5 ence and exchange views on competition issues At this point, I wish to express my gratitude deriving from an ever-increasing globalisation of towards the European Parliament and the Eco- the world economy. The ICN will be a project- nomic and Social Committee. Both consistently oriented, consensus-based, informal network of support the Commission’s competition policy. In antitrust agencies from developed and develop- 2001, they backed our proposals for the moderni- ing countries. It will address antitrust enforce- sation of antitrust procedures, which I hope will ment and policy issues of common interest and finally be approved by the Council in 2002. The formulate proposals for procedural and substan- feedback from the representatives of European tive convergence through a results-oriented citizens and of economic and social interests is an agenda and structure. It will also encourage the extremely important check on our policy. Their dissemination of antitrust experience and best support and constructive criticism help guide our practice, promote the advocacy role of antitrust work. agencies and seek to facilitate international coop- eration. The ICN will concentrate on interna- The annual report usually affords a good opportu- tional antitrust issues that are difficult yet capable nity for me to take part in both institutions in a of resolution. Initially, the ICN will work on two broad debate on a whole range of current compe- important issues in antitrust: the merger control tition policy issues. These debates are useful process in the multi-jurisdictional context and the because they are not confined to an assessment of competition advocacy role of antitrust agencies. past Commission activity but also touch upon the This agenda will later be opened up to include further development of our policy. I look forward issues of particular relevance to transition and to continuing this exchange of views on the basis developing economies. of this report. 6 XXXIst Report on competition policy 2001 (Published in conjunction with the General Report on the Activities of the European Union — 2001) SEC(2002) 462 final CONTENTS Introduction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Box 1: Competition and the consumer — the main Commission decisions in 2001 . . . 12 I — Antitrust — Articles 81 and 82; State monopolies and monopoly rights — Articles 31 and 86. . . . 15 A — Modernisation of the legislative and interpretative rules . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 1. Modernisation of the rules implementing Articles 81 and 82 of the EC Treaty . . . . . . 15 2. Revision of the leniency notice . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 3. Review of the block exemption regulation for technology transfer agreements . . . . . . 16 Box 2: New de minimis notice . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 4. Review of procedural rules: new mandate of the hearing officers . . . . . . . . . . . . . . . . . 18 B — Application of Articles 81, 82 and 86. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 1. Article 81 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 2. Articles 82 and 86 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 Box 3: Competition policy in the packaging waste sector . . . . . . . . . . . . . . . . . . . . . . . 25 C — Sector-based competition developments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 1. Energy: liberalisation in the electricity and gas sector . . . . . . . . . . . . . . . . . . . . . . . . . 27 2. Postal services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 3. Telecommunications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 4. Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 5. Media . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 6. Motor vehicle distribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 Box 4: Green light for Covisint, the automotive B2B marketplace . . . . . . . . . . . . . . . . 42 7. Financial services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 8. Information society . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47 9. Sport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 Box 5: Footballer transfers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 10. Pharmaceuticals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 D — Statistics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53 II — Merger control. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55 A — General policy and new developments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55 1. Introduction — general developments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55 2. National markets and potential competition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56 Box 6: The paper cases and collective dominance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60 3. Merger control in the 21st century — Green Paper on the review of the merger regulation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61 Box 7: Ancillary restraints — adaptation of the Commission’s policy. . . . . . . . . . . . . . 63 4. Developments in the application of the failing firm defence . . . . . . . . . . . . . . . . . . . . . 64 Box 8: Schneider/Legrand . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64 5. Remedies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65 6. Article 9 referrals to Member States — new developments . . . . . . . . . . . . . . . . . . . . . 70 7. International cooperation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71 Box 9: GE/Honeywell. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72 B — Statistics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74 III —State aid. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75 A — General policy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75 1. Transparency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75 2. Modernising State aid control . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76 Box 10: Risk capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 77 3. State aid and tax policy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78 4. Stranded costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79 5. Public broadcasting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79 9 6. Cinema and audiovisual production support . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80 7. Enlargement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80 Box 11: German public banks (Anstaltslast and Gewährträgerhaftung). . . . . . . . . . . . . 81 B — Concept of aid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82 1. Origin of resources . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82 2. Advantage to a firm . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83 3. Selectivity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84 4. Effect on trade between Member States . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85 C — Assessing the compatibility of aid with the common market . . . . . . . . . . . . . . . . . . . . . . . . 85 1. Horizontal aid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85 2. Regional aid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88 3. Sectoral aid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90 D — Procedures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100 1. Initiation of formal investigation proceedings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100 2. Existing aid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 101 3. Recovery of aid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102 4. Non-execution of decisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102 E — Statistics. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104 IV —Services of general interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 107 1. General principles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 107 2. Recent developments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 107 3. Antitrust (including liberalisation) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 109 V — International activities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 113 A — Enlargement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 113 1. Accession preparations and negotiations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 113 2. Progress in the alignment of competition rules . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 113 3. Implementing rules under the Europe Agreements and the customs union decision . . . 114 4. Extension of Article 87(3)(a) status under the Europe Agreements and the adoption of regional aid maps . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115 5. Technical assistance to the candidate countries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115 6. Western Balkans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 116 B — Bilateral cooperation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 116 1. United States . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 116 2. Canada . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 117 3. Other OECD countries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 117 4. Mediterranean countries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 117 5. Latin America . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 118 6. Russian Federation and Ukraine . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 118 C — Multilateral cooperation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 118 1. WTO: trade and competition policy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 118 Box 12: Trade and competition: from the Van Miert report to Doha . . . . . . . . . . . . . . . 120 2. OECD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 120 3. UNCTAD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 121 4. International Competition Network . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 121 VI —Outlook for 2002 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 123 1. Antitrust . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 123 2. Mergers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 124 3. State aid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 124 4. International field . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 125 10 Annex — Cases discussed in the report. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 127

Description:
Alken-Maes, Haacht and Martens met four times to discuss the private-label beer general economic interest (SGEIs). However, according to Article
See more

The list of books you might like

Most books are stored in the elastic cloud where traffic is expensive. For this reason, we have a limit on daily download.