The European Commission’s competition chief Margrethe Vestager is reportedly expecting legal challenges to her investigation into member states’ tax agreements with foreign companies.
Vestager spoke with reporters in Brussels on Monday to discuss the case, noting that “the case work has to be very, very thorough” and that the investigation must be legally airtight. The regulator added that she is expecting some national governments to challenge the probe.
The Commission is investigating the tax relationships between several foreign companies and Luxembourg, Ireland and the Netherlands on suspicion some tax breaks may constitute illegal state aid.
Luxembourg has already challenged The Commission’s demand for documents related to the case, though publically vowed to remain transparent in the matter last week.
There is no doubt, Vestager said, that some companies received a tax ruling by EU governments that offered reduced rates. Rather, “it’s a question of whether it’s selective.”
Full content: Businessweek
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Google and South Carolina Clash Over State Records Demand
May 8, 2024 by
CPI
Telefonica Germany Teams Up with Amazon Web Services to Migrate 5G Customers
May 8, 2024 by
CPI
Federal Judge Grants $7.4 Million Settlement in Pork Price-Fixing Case
May 8, 2024 by
CPI
Wilson Sonsini Bolsters Antitrust and Competition Practice with Key Partner Returns
May 8, 2024 by
CPI
EU to Scrutinize Telecom Italia’s Network Sale to KKR
May 8, 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