European Union antitrust settlements with companies such as those probed for manipulation of Libor and Euribor lending rates don’t need to include all companies involved, the bloc’s competition chief said today.
Electricite de France SA’s deal with the U.K. to build the nation’s first new nuclear plant in two decades will be probed by the European Union once an agreement is struck and regulators are informed, the EU’s antitrust chief said.
Banca Monte dei Paschi di Siena SpA, engulfed by investigations into alleged misconduct of former managers, won the top European antitrust regulator’s support for a 4.1 billion-euro ($5.4 billion) bailout after agreeing to raise more than twice the capital previously planned.
Google Inc. will find out within weeks whether its recent offer to European Union antitrust regulators was enough to settle an almost three-year-old EU probe into the way it operates its search services.
Google Inc.’s competitors, clamoring for the European Union to press the search company to make global changes, face disappointment after the bloc’s antitrust chief said any settlement would focus on Europe.