Update: The non-opposition to the concentration is available.
The number of imports and exports of electric bicycles (‘e-bicycles’) to and from the EU has risen sharply over the last five years. In 2012, while 209 000 e-bicycles were exported from the EU, in 2016 the export figures stood at 830 000. The number of imports of e-bicycles shows a similar sharp increase over the five-year period. In 2012, the number of e-bicycle imports into the EU stood at 550 000, while in 2016 this figure reached almost 2 million.
The Directorate General for Internal Market, Industry, Entrepreneurship and SMEs is organising a workshop on trade and public procurement matters. Specifically, those affecting the competitiveness of the European rail supply industry within the context of the forum on this subject that we launched on 2 March 2017.
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of joint control over the newly created Chinese joint venture SAIC Infineon Automotive Power Modules (Shanghai) Co, by Infineon Technologies AG (“Infineon”) of Germany and SAIC Motor Corporation Ltd (“SAIC”) of China. The joint venture will be established in China and produce and sell automotive frame-based insulated-gate bipolar transistor power modules (power semiconductors) for hybrid and fully electric vehicles in China. Infineon is active in the power semiconductor business. SAIC is a car producer. The Commission concluded that the proposed acquisition would raise no competition concerns given that the joint venture is not active in the European Economic Area. The transaction was examined under the simplified merger review procedure. More information is available on the Commission’s competition website, in the public case register under the case number M.8513. (For more information: Ricardo Cardoso – Tel.: +32 229 80100; Maria Sarantopoulou – Tel.: +32 229 13740)
Source: European Commission
The World Trade Organisation (WTO) Appellate Body has today published a report reversing a previous WTO panel ruling of 28 November 2016. That ruling said that subsidies provided by Washington State to Boeing for its 777X aircraft were ’prohibited’ due to local content requirements. The EU disagrees with the Appellate Body assessment of the scheme.
In one of the most comprehensive disputes ever launched by the EU, the Panel found that numerous Brazilian tax programmes are illegal under WTO rules. The ruling states that the programmes discriminate against EU automotive, ICT and electronic products and grant prohibited import and export subsidies to Brazilian companies. The dispute also covered fiscal incentives contingent on Brazilian firms meeting certain export performance requirements.
A summary of the Commissioner’s presentation is now available.
This is an overview of all press releases, statements, speeches, factsheets, infographics, draft texts of chapters, and other documents published on the EU-Japan Economic Partnership Agreement.