Blog: Spirit of Money, Financial Fluidity
by munificent

EC Antitrust Protection

Back to the Robber Baron Days, and remember the depression followed those excesses...Although European countries lean toward Socialism...and their antitrust laws quite likely are stiffer than ours!

Date:   10/22/2005 10:20:19 AM   ( 16 y ) ... viewed 1306 times

EC Plans to Lighten Antitrust Rules

Focusing more on consumer protection than competition, the EC's top antitrust regulator seems ready to push for rule revisions.

Stephen Taub,
October 21, 2005

The European Commission may be easing up on huge multinational companies.

An internal group, led by EC competition commissioner Nellie Kross, plans to make it more difficult for prosecutors to find large companies guilty of breaking antitrust rules, according to the Financial Times, which cited commission officials and documents.

A review currently underway will result in numerous and potentially far-reaching changes, wrote the paper.

Although the new guidelines are still subject to revision, the standards reportedly will require strong proof of real economic effects before companies are accused of breaking antitrust laws.

Interestingly, one possible innovation would allow companies accused of antitrust practices to skirt punishment if consumer benefits can be demonstrated. Stated benefits include efficiency gains that produce lower prices or improved product quality, noted the FT.

So far, such a defense has been disallowed in antitrust cases brought under Article 82 of the EU treaty, the provision that bans companies from abusing a dominant market position, the newspaper noted.

Article 82, the counterpart to Section 2 of the U.S. Sherman Act, has been invoked in most high-profile investigations, including cases involving Microsoft, Coca-Cola, Michelin, IBM, and AstraZeneca, according to the report. The commission's application of Article 82, the paper also noted, has frequently come under fire for being inconsistent and unclear.

The ultimate goal of the revisions is to end legal uncertainty by laying out — for the first time — precise guidelines on what behavior might constitute an abuse, the FT stressed.

Officials told the paper that the regulatory body was hoping to publish its views before the end of the year.

Add This Entry To Your CureZone Favorites!

Print this page
Email this page
DISCLAIMER / WARNING   Alert Webmaster

CureZone Newsletter is distributed in partnership with

Contact Us - Advertise - Stats

Copyright 1999 - 2021

0.359 sec, (2)

Back to blog!
Add Blog To Favorites!
Add This Entry To Favorites!

Comments (15 of 48):
Thanks for your in… kermi… 15 y
I wonder about wom… 9thbo… 15 y
everybody knows... drofin… 15 y
Taiwan/China Next? Rikki-… 15 y
I am sorry to hear… 9thbo… 16 y
Re: I have a retir… #4933… 16 y
Nope, I don't make… 9thbo… 16 y
commercial pitch mark777 16 y
oh well... drofinnah 16 y
Yes this may well … kermi… 16 y
First hand experie… 9thbo… 16 y
Depends on age/ris… 9thbo… 16 y
10% of portfolio i… #1923… 16 y
Hi K-! Hope all i… 9thbo… 16 y
WOW who would thin… kermi… 16 y
All Comments (48)

Blog Entries (12 of 249):
EC Antitrust Protection  16 y
No Writedowns for Fines  16 y
No Universal Jurisdiction  16 y
Health Savings Accounts  16 y
Greenspan retires & US $$  16 y
Insight Prison Project  16 y
x-KPMG CFO indicted  16 y
Spinning Gold into Dollars  16 y
Debtlacking Credit Worthiness  16 y
Big 5 Auditor's lament Control  16 y
KPMG & abusive 401kAccel  16 y
US Plan to Open China Markets  16 y
All Entries (249)

Blogs by munificent (10):
Yoga Path  15 y  (396)
Cold Water Blog  15 y  (269)
Quantum Intelligensia  15 y  (267)
Leadership  15 y  (67)
BaBaGee Blog  15 y  (16)
Breathwork  16 y  (16)
Desire  15 y  (5)
Sacred Sex  15 y  (4)
Apothegm  15 y  (3)
Breathwork for wholeness  16 y  (3)

Similar Blogs (10 of 185):
My Unusual Road of …  by kerminator  70 min
Absolute Truth Some…  by Kerminator  16 d
Chef Jemichel ~ The…  by chef jem  70 d
Advices and tips on…  by Law Offices  72 d
Manifestation Magic…  by magic44  4 mon
David Sanderson’ Ul…  by manifestation11  8 mon
Five steps on how t…  by drawmoney7  8 mon
willson 456  by kaviharshu99  10 mon
Mobile Notary  by mobile-notary  14 mon
asinglemomstory  by loknathtechtro  16 mon
All Blogs (1,019)

Back to blog!

Kidney Cleanse
Hulda Clark Cleanses

Lugol’s Iodine Free S&H
J.Crow’s® Lugol’s Iodine Solution. Restore lost reserves.