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Here below you find the most read articles over the last week.
PARIS (Reuters) - L‘Oreal (OREP.PA) said on Thursday it would appeal a 2.6 million euro ($3 million) fine imposed by Greece’s competition authority, which ruled that the French cosmetics company and several of its rivals were fixing prices. Read More.
Competition Commissioner Margrethe Vestager is taking Ireland to Europe’s highest court over delays in collecting some €13 billion in back taxes from Apple, in a dramatic escalation of the simmering dispute between Dublin and the Commission. Read More.
The Competition Appeal Tribunal has ruled in favour of the CMA, upholding its fine on Balmoral Tanks Ltd for illegally exchanging price information. Read More.
The project aims to improve UK Competition Network (UKCN) members’ understanding of the selection, design, testing and evaluation of demand-side remedies.The workshop was focused on designing remedies that work for vulnerable consumers. Read More.
The European Commission has fined Lithuanian Railways (Lietuvos geležinkeliai) an amount of €27 873 000 for hindering competition on the rail freight market, in breach of EU antitrust rules, by removing a rail track connecting Lithuania and Latvia. Read More.
Active and Passive Institutional Investors and New Antitrust Challenges: Is EU Competition Law Ready?
Marco Claudio Corradi, Max Planck Institute and Anna Tzanaki University College London
This essay aims to disentangle the complex issues surrounding common ownership by institutional investors, and suggest a holistic approach that brings together the corporate with the competition law aspects of the problem. Accordingly, the analysis first sheds light on the corporate governance dimensions (Part II). Next, it outlines the theories of harms that correspond to the distinct forms and levels of shareholder activism or passivity (Part III). It then revisits the existing legal and policy antitrust framework and compares the EU versus the U.S. experience (Part IV). Finally, it wraps up the discussion with some concluding remarks on the EU competition law outlook (Part V). Read More.
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