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EU: Almunia ready to pass on the torch

 |  October 16, 2014

European Commissioner Joaquin Almunia appears poised to hand off his regulatory torch to successor Margrethe Vestager when he leaves office at the end of the month.

According to reports, Almunia spoke with reporters regarding the progress of current competition cases and the potential for new investigations. “There will be no opening of new cases,” he said. “No, there is no time. It will be up to the new Commission.”

Reporters had asked Almunia about earlier suggestions that the EU would open cases into Google’s Android operating system or allegations of foreign exchange benchmark rigging. But the commissioner assured that any developments in those matters will be handled by Vestager.

Full content: Reuters

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