Zoetis in EU Antitrust Crosshairs Over Rival Dog Pain Medicine usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
By Foo Yun Chee and Bart H. Meijer (Reuters) -EU antitrust regulators have started an investigation into whether Zoetis blocked the market launch of a rival pain medicine for dogs, the European Commission said on Tuesday, a move that could result in a hefty fine for the U.S. pet products maker. Antitrust regulators on both…
BRUSSELS (Reuters) -Europe's attempt to give workers at Uber, Deliveroo and other online platforms more social and labour rights failed a second time after France and three other countries abstained from voting on the watered-down political deal. Belgium, the current holder of the rotating EU presidency, is unlikely to muster enough support for yet another attempt, especially as the European Parliament which has to endorse a final deal, gradually winds down ahead of elections in June. Still, it
BRUSSELS (Reuters) -Europe's attempt to give workers at Uber, Deliveroo and other online platforms more social and labour rights failed a second time after France and three other countries abstained from voting on the watered-down political deal. Belgium, the current holder of the rotating EU presidency, is unlikely to muster enough support for yet another attempt, especially as the European Parliament which has to endorse a final deal, gradually winds down ahead of elections in June. Still, it was doubtful whether the weaker provisional agreement would have benefited gig workers as it stripped out key criteria determining whether a worker was an employee, in effect maintaining the status quo which is currently based on national laws and court rulings.
BRUSSELS (Reuters) -British Airways owner IAG expects EU antitrust regulators to open a full-scale investigation into its plan to buy Spain's Air Europa and will offer remedies to address their concerns, IAG's chief executive said on Tuesday. The deal is part of a wave of consolidation in the airline sector, with Germany's Lufthansa seeking to buy a minority stake in Italy's state-owned ITA Airways, and Korean Air looking to buy Asiana. EU regulators have recently taken a tougher line when deciding whether to approve deals, and now sometimes want acquiring airlines to divest assets and not just give up some routes or airport slots to address competition concerns.