EU anti-trust regulators have imposed a total of 1.47 billion euros in fines on several makers of cathode-ray television sets. The companies were found guilty of engaging in price-fixing over a span of two decades.
New regulations unveiled by the European Commission will affect renewable energy subsidies in the bloc. The move is an attempt to lower prices and boost competitiveness.
The European Commission has announced tighter rules for the provision of taxpayers' money for regional airports across the 28-member bloc. The planned restrictions may mean a blow to many low-cost carriers.
The EU and Google are close to a settlement in a dispute over the search engine’s preferential treatment of its own services to the detriment of rivals. A deal was in sight after Google had made concessions, the EU said.
The EU is likely to impose fines on more car parts suppliers following in an investigation into price-fixing in the auto industry. The violations have been with disbelief by EU Competition Commissioner Joaquin Almunia.
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