1. Competition


The following has been reported in the newspapers referred to below: 

  • Danish-based brewing company Carlsberg and Dutch-based rival Heineken are expected to launch a formal bid to buy and break up UK-based alcoholic drinks company Scottish & Newcastle. The proposed bid would value the company at between £6.8bn and £7.10bn excluding debt (FT, October 18, 2007, p. 1, 21; WSJE, October 18, 2007, p. 3; 19) 
  • On October 17, 2007, German-based re-insurer Munich Re bought US primary insurance company Midland for US$900m (FT, October 18, 2007, p. 19; WSJE, October 18, 2007, p. 21) 
  • The following concentrations have been cleared by the European Commission:
    • BAE Systems/VT/JV (naval surface shipbuilding and related support activities) 
    • Jabil/Nokia Siemens Networks Oy (manufacture of microwave and radio base stations equipment)

State Aid

  • State aid C 25/07 (ex NN 26/07) — Alleged State aid involving Ryanair (Irish airline) at Tampere-Pirkkala Airport — Invitation to submit comments pursuant to Article 88(2) of the EC Treaty (OJ C 244, 18 October 2007, p. 13) 
  • On October 10, 2007, the European Commission decided not to raise objections to the restructuring plan for the Romanian coal industry for the period between 2007-2010. The State aid amounts to €411m and is aimed at maintaining access to coal reserves in the country to ensure security of supply (RAPID, October 18, 2007)


  • Austrian-based oil and gas company OMV has approached the European Commission concerning its possible €14bn bid for Hungarian-based rival Mol with a view to obtaining approval for the merger (FT, October 18, 2007, p. 24) 
  • On October, 17, 2007, French airline Air France and US airline Delta Air Lines outlined details of a transatlantic joint venture based on the Open Skies agreement between the US and the EU that comes into effect in April 2008 (FT, October 18, 2007, p. 20; WSJE, October 18, 2007, p. 7) 
  • The European Commission has decided to refer Malta to the European Court of Justice if within three months it does not complete adjustments to its monopoly for the importation, storage and wholesale of petroleum products. Malta was supposed to have adjusted its legislation by December 31, 2005 (RAPID, October 18, 2007)