login
login

Europe Daily Bulletin No. 8750

17 July 2004
Contents Publication in full By article 29 / 51
GENERAL NEWS / (eu) eu/state aid
Green light for MobilCom restructuring, but with strings attached

Brussels, 16/07/2004 (Agence Europe) - The Commission's authorisation of a state guarantee for a multi-million euro loan to MobilCom AG comes with strings attached - a ban on direct online sales of MobilCom mobile telephony contracts for seven months.

The Commission approved aid granted to MobilCom AG to help with its restructuring in 2002. But the aid approval comes with tight strings attached. To offset the distortions of competition caused by the aid, MobilCom and its affiliates must...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION