Elon Musk, Tesla Motors CEO, tells the Reuters Global Tech Summit that he'll talk to politicians who back local car dealers trying to keep Tesla from selling directly to consumers. Video
EU regulators drop antitrust probe into e-payments market
PARIS (Reuters) - EU regulators will drop a 16-month investigation into a group of banks including HSBC, Deutsche Bank (DBKGn.DE) and BBVA (BBVA.MC), after it abandoned plans to launch a standardization process for e-payments, the EU's antitrust chief said on Friday.
The decision by the European Payments Council "will allow us to close our investigation because alternative, non-bank systems could then remain in or enter the market", EU Competition Commissioner Joaquin Almunia told a Concurrences Journal conference in Paris.
The European Commission opened the investigation into the EPC in September 2011 following a complaint by German online payment provider Payment Network AG.
(Reporting by Foo Yun CheeCharlie Dunmore)
- Tweet this
- Share this
- Digg this