Press Release: 2010 was a very active year in competition enforcement and reforms, annual report shows

The year 2010 was important for the Commission in enforcing and reforming EU competition rules, in the interest of both consumers and businesses. Last year saw a near-record amount of fines imposed on companies for operating price-fixing and market-sharing cartels in a year that was also busy dealing with the conditions of the support to banks in the context of the financial and economic crisis. On the policy front, new rules were adopted on both horizontal and vertical agreements.

European Commission: Speech/11/515: Joaquín Almunia: Competition policy in 2010 and the SGEI reform http://europa.eu/rapid/pressReleasesAction.do?reference=SPEECH/11/515&format=HTML&aged=0&language=EN&guiLanguage=en

---