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E.U.: Analyst sees strong messages sent by Commission in recent happenings

By  |  December 12, 2012
E.U.: Analyst sees strong messages sent by Commission in recent happenings

According to this report, some analysts are concerned that the European Commission does not have the power granted to some of its member states to combat anticompetitive behavior, such as issuing criminal sanctions to members of cartels. According to Mario Mariniello, a research fellow at a think-tank based in Brussels, discusses the implications of the recent mega-fine issued by the Commission on TV-tube makers (which totaled to €1.47 billion) on the powers of the European Commission. According to Mariniello, the Commission may have issued fines involving sales of the tubes outside of the E.U., because the sales of the actual TVs occurred in the E.U. Mariniello looks at recent occurrences by the Commission to suggest that the antitrust authority is trying to send a “strong signal” to companies that competition legislation will be enforced.

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