Competition policy

Competition regulator gives conditional go-ahead on multi-billion acquisition after year-long negotiations

For two years France’s industrial innovation agency put large sums of public money into big company R&D projects. No longer.

The European Commission said it will investigate whether a €96 million aid that France plans to grant Peugeot-Citroën and other partners for the development of a hybrid diesel car is compatible with EC Treaty state aid rules.

Microsoft has agreed to allow access to its technology following the court ruling last month, a move the European Commission says will lead to more innovation in the software market.