At least 14 member states of the European Union are speaking out against proposed taxes placed upon Chinese solar panels as a way to improve the European competitive stance within the industry. Among those against the proposal are the UK and Germany – 14 out of the EU’s 27 Member States in all, say reports. The European Commission has argued, however, that China is behind the states’ disapproval as it encourages the fight against the taxes. Nations in favor if the tariff include France and Italy. But one anonymous source says as many as 17 countries oppose the idea. The proposal was initiated by the Commission after claims that imported solar panels from China undercut European competition through unfair and anticompetitive pricing.
Full Content: BBC
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Redfin Settles $9.2M Commission Inflation Lawsuits
May 7, 2024 by
CPI
DOJ Supports Colorado’s Efforts to Block Kroger-Albertsons Merger
May 7, 2024 by
CPI
Japan Considers Regulation of AI Developers
May 7, 2024 by
CPI
European Commission Extends Decision Deadline for Ita-Lufthansa Merger
May 7, 2024 by
CPI
UK, US and Australia Sanction Senior Leader of LockBit Cybercrime Gang
May 7, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI