EU fines Google €2.42bn for ‘abuse of dominance’
The European Commission said it fined Alphabet unit Google a record €2.42 billion for abusing its dominance as a search engine by “giving illegal advantage”…
June 2017
EU OKs €1.3bn French funding for Paris airport rail line
The European Commission said it approved French support for the construction of a €1.32 billion express railway line between Paris and Charles de Gaulle airport….
EU approves €24bn radioactive waste fund in Germany
The European Commission said it approved under EU state aid rules the transfer of radioactive waste liabilities to a new public fund in Germany in…
EU to probe Qualcomm’s $38bn bid for NXP
The European Commission has opened an in-depth investigation to assess the proposed $38 billion acquisition of Netherlands-based NXP Semiconductors by San Diego-based Qualcomm under the…
PPG withdraws €26.3bn bid for AkzoNobel
Pittsburgh-based PPG Industries said it withdrew its proposal to buy Dutch paints, coatings and chemicals giant AkzoNobel in a €26.3 billion deal after a final attempt to engage AkzoNobel’s boards failed. “We…
Moody’s fined €1.24m for breaching credit rating rules
The European Securities and Markets Authority (ESMA) said it fined Moody’s Deutschland GmbH (Moody’s Germany) €750,000 and Moody’s Investors Service Limited (Moody’s UK) €490,000, and…