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european-commission

Commission hits truck-makers with €3bn fine

The European Commission fined truck-makers Volvo/Renault, Daimler, Iveco, and DAF a record €2.93 billion for breaking EU antitrust rules. It said the companies – which account for 90% of the European heavy truck market - had colluded for 14 years on truck pricing and on passing on the costs of compliance with stricter emission rules. Another manufacturer, Germany’s MAN was not fined as it revealed the existence of the cartel ... [+]

Brussels drops shipping line action

The European Commission has closed an investigation into 14 container shipping companies launched in November 2013 without finding any infringement of EU competition law. It related to the use of general rate increase (GRI) announcements in the liner shipping sector. However, the shipping lines involved have agreed to change the ... [+]

EU Commission hails UCC

EU Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici, has welcomed introduction of the Union Customs Code on 1 May, saying that it would “open the door to new state-of-the-art IT systems that will provide fast and quality data on goods being traded and will allow extremely ... [+]

EU to move towards single VAT system

European Commission nomic and Financial Affairs Commissioner Pierre Moscovici unveiled plans to improve the EU VAT system, including a single VAT area, in Brussels on 7 April. He pointed out that the current VAT system for cross-border trade which came into force in 1993 was intended to be a transitional system ... [+]

Horse transport sense

A group of stakeholders including agri-food, transport, veterinary organisations and animal welfare groups and supported by the European Commission has published guidelines on assessing the fitness for transport of equidae - horses, ponies, donkeys and their hybrids. They are designed to set out clear and simple methods of assessing the fitness ... [+]

Brussels to probe Antwerp terminal operators

The European Commission has opened an inquiry into whether reductions in compensation payments granted by the Port of Antwerp to two container terminal operators gave them an undue advantage over competitors, in breach of EU state aid rules. The concession agreements for the PSA Antwerp and Antwerp Gateway container terminal operators ... [+]

EU to overhaul aviation policy

The European Commission adopted proposals to negotiate EU-level comprehensive aviation agreements with key partner countries and regions on 7 December. They would replace the bilateral air services agreements between individual states which, says the Commission, has created a patchwork of differing market access and rules for airlines. Proposed partner regions ... [+]

EU and Vietnam agree free trade deal

The EU and Vietnam have reached agreement in principle on their free trade agreement on 4 August. In a statement, the European Commission said that all issues of substance had been agreed on. Negotiating teams will now settle remaining technical issues and finalise the legal text for approval by the ... [+]

May Day for Union Customs Code

The European Commission says that its long-awaited and heavily delayed Union Customs Code will come into force on 1 May next year. It aims to usher in “a simpler, more modern and integrated EU customs system to support cross-border trade and provide for more EU-wide cooperation in customs matters. The ... [+]

Three-journey cabotage rule to go?

A proposal to remove the current three-journey limit on cabotage operations could be included in the European Commission's new road transport package now expected to be unveiled in early 2016, say Brussels sources. The Commission says that the rule – under which transport operations are only supposed to carry out ... [+]

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