Vestager slaps fine on Japanese companies
Denmark’s EU Competition Commissioner Margrethe Vestager has fined eight producers of capacitors €254 million for participating in a cartel. The Commission said Elna, Hitachi Chemical, Holy Stone, Matsuo, Nec Tokin, Nichicon, Nippon Chemi-Con…
Vestager investigates German restrictions on Danish electricity exports
Denmark’s EU Competition Commissioner Margrethe Vestager has launched a probe into whether limits placed by German power operator TenneT on cross border electricity capacity with Denmark breaches EU antitrust rules. Danish energy companies…
Vestager fines Apple supplier
Feisty Danish EU Commissioner Margrethe Vestager has again hit a U.S. multinational with a multi-million fine. Qualcomm has been ordered to pay €997m ($1.2 bn) for making payments to Apple on the condition that…
Vestager wants second term as competition commissioner
Former Social Liberal leader Margrethe Vestager is hoping for a second term as European commissioner for competition, politico.eu reports. In an interview with Belgian newspapers L’Echo and De Tijd, published Wednesday, Ms Vestager said she would…
Google, Apple….now Vestager targets IKEA
IKEA is the latest multinational to come under investigation by Danish Competition Commissioner Margrethe Vestager. The probe will reveal whether favourable tax rules in Holland have given the global furniture giant an unfair…
Macron lobbies for Vestager as European Commission president
Emmanuel Macron is pushing for Danish EU Competition Commissioner Margrethe Vestager to become the next president of the European Commission. According to three senior officials in the European Parliament, the French president hopes…
Vestager sues Ireland, fines Luxembourg
Danish EU Competition Commissioner Margrethe Vestager said yesterday she is taking Ireland to court over the country’s failure to collect a huge bill for back taxes from Apple. The move came as she…
Google writes off $2.7bn to cover Vestager fine
Google wrote down $2.7 billion in Q2 following a record fine levied by Denmark’s EU Competition Commissioner, Margrethe Vestager, in June for abusing its market dominance in search by unfairly directing visitors to its…
Vestager to hit Google with record fine
Denmark’s EU Competition Commissioner, Margrethe Vestager, is set to slap Google with the biggest fine in EU history today. US media reports the EU could hand down a $1.2 billion fine to the…
Vestager hits Facebook with €110m fine
Denmark’s feisty EU Competition Commissioner Margrethe Vestager has slapped social media giant Facebook with a DKK825m (€110m/$122m) fine for giving misleading statements during the company’s $19 billion acquisition of the internet messaging service WhatsApp in…