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EU tells Italy to hike retirement age for women

BRUSSELS - (APINTL) The European Commission called on Italy to make an immediate change to rules that allow female civil servants to retire far earlier than their male co-workers. Italian men working in public administration can retire at 65, while women can currently retire at 60. Italy is slowly...

EU seeks to double deposit insurance limit

BRUSSELS - (AP) The European Commission proposed Monday to double protection for bank account holders across the 27 EU nations guaranteeing them a maximum payout of (EURO)100,000 ($125,700), paid within seven days if their banks fold. It also proposed more compensation for investors to a maximum of...

Information Exchanges Under EU Competition Law:Heading For Regulatory Overload

by Frank L. Fine Until recently, there have been only isolated instances in which information exchanges were caught by the European Commission pursuant to Article 101(1) of the TFEU in the absence of a wider cartel. There is now a wider array of information which, when exchanged, may fall within the...

Information Exchanges Under EU Competition Law: Heading For Regulatory Overload

by Frank L. Fine Until recently, there have been only isolated instances in which information exchanges were caught by the European Commission pursuant to Article 101(1) of the TFEU in the absence of a wider cartel. There is now a wider array of information which, when exchanged, may fall within...

Not Anticompetitive - European Commission Approves Oracle's Purchase of Sun Microsystems

By European Commission Press Office The EU Press Room announced that the European Commission approved the acquisition of Sun Microsystems by Oracle Corporation. After an in-depth investigation, the European Commission concluded that this acquisition would not impede competition in the European Economic...

EU Launches Antitrust Probe Into Google

BRUSSELS - (AP) European Union regulators will investigate whether Google Inc. has abused its dominant position in the online search market by deliberately lowering links to smaller rivals' sites in its search results. The European Commission's move, announced Tuesday, is the first formal investigation...

Western Digital and Samsung -- Possible Major Consolidation in HDD market

By Amelia Torres and Marisa Gonzalez Iglesias, European Commission Press Release Office (Brussells, Belgium). Brussels, 30 May 2011 -- The European Commission has opened two separate in-depth investigations under the EU Merger Regulation into two proposed concentrations in the hard disk drive ("HDD"...

DLA Piper: Is U.S.-Style Class Action Litigation Coming To The EU? European Commission Calls For Collective Redress Mechanisms In EU National Laws – 8 Points To Note

By: Dr Ludger Giesberts LL.M. and Andreas Tiedge The European Commission is calling for European Union member states to introduce an injunctive and compensatory collective redress mechanism to their national procedural rules by July 26, 2015. In many respects, the concept of a European collective...