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Stories about: EC


Samsung Slapped with Antitrust Investigation by European Commission

If anyone thought Samsung's global clashes with Apple were bad, they were probably right, but they might be nothing compared to what the company just got slammed with. Long story short, the European Commission has launched an antitrust investigation against Samsung. The goal is to see if the company tried to s...

31 January 2012
11:00 GMT

Panasonic Feels The Chill of Refrigerator Fines

If you all remember when we said that Panasonic had been slapped on the wrist with a €7,668,000 fine by the European Commissions, this is the moment when it is enforced. The sum is about equal to $10.25 million and is what the company got for violating EU competition laws in its sales of refrigeration compress...

22 December 2011
11:03 GMT

Panasonic Fined €7,668,000 by the European Commission

Panasonic has been making the news for a lot of things, and now it has antitrust lawsuit fine as an extra reason, though the cause for it might not be easy to guess. Panasonic hasn't been good, so instead of present from Santa Claus, it got greeted by a different sort of gift this winter. The company has been ...

8 December 2011
20:21 GMT

Google to Be Hit with 400-Page Antitrust Report from the EU

Google is bracing itself for a fight, or more likely, a heated round of negotiations with EU regulators, as they're getting close to completing an anti-trust investigation that started more than a year ago.According to the Financial Times, regulators have a 400 page statement of objections readied for Google. In...

2 December 2011
11:53 GMT

Western Digital Has to Sell an HDD Factory, EC Says So

The European Commission has finally given its stamp of approval for Western Digital's acquisition of Hitachi, but there is a catch, one that involves a production plant. It was quite a while ago that Western Digital decided to buy Hitachi, all of it. Hitachi agreed, but that didn't mean everything would ...

24 November 2011
02:58 GMT

Seagate Gets Cleared to Buy Samsung's HDD Business

It was months ago that Seagate said it would be buying Samsung's hard disk drive product division and, at long last, the European Commission has gone over the deal and given it its approval. Whenever a company says it wants to acquire another, or even just part of its assets, the deal needs to be approved by t...

20 October 2011
10:59 GMT

European Commission Doesn't Let Western Digital Buy Hitachi

It appears that a certain, major acquisition is not proceeding as smoothly as some may like, now that the European Commission has become involved in a less than favorable fashion.Some time ago, Western Digital announced that it had reached an agreement with Hitachi Global Storage Technologies that enabled the former...

30 August 2011
08:35 GMT

EC Price Fixing Fine to Leave Chimei InnoLux with an On-Year Loss

It appears that not all companies found to have been involved in the LCD price fixing cartel intend to appeal the decision, as Chimei InnoLux supposedly means to pay the monetary penalty and be done with it.As end-users may or may not have heard, six LCD makers were found by the European Commission to have been invo...

10 December 2010
03:17 GMT

AU Optronics Questions the EC's 649 Million Euro Fine

It seems that the European Commission will still have to go through a few court meeting in its investigations into the LCD price fixing cartel now that one of its members intends to appeal at the Luxembourg general court.As it seems to be customary around the holidays, lawsuits are either sprouting up anew or contin...

9 December 2010
08:28 GMT

Six LCD Makers Fined 649 Million Euro for Price Fixing

It seems that the European Commission will be getting a quite solid monetary gift for Christmas, though technically is is a fine issued to six LCD makers found to have participated in a price fixing cartel.It seems that the holiday season is a favorite of lawsuits because yet another one has become the subject of th...

8 December 2010
11:09 GMT

MySQL Founder Continues Public War of Words with Oracle

We're used to seeing this kind of conversations between Eminem and Mariah Carey, but it seems that the Oracle-Sun deal has stirred up some opposite opinions between Oracle's management and MySQL's founder, Finnish developer Ulf Michael “Monty” Widenius. After launching a stern and stingy ca...

23 December 2009
02:39 GMT

One in Three EU Citizens Has Never Used the Internet

The Internet has become an integral part of everyday life for a large percentage of the population, especially in the more developed regions, and Europe is no exception. Nearly half of European citizens use the Internet on a daily basis now but one third of them still have never gone online. The findings are part of ...

5 August 2009
06:43 GMT


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