BRUSSELS, August 4, 2008 (AFP) - EU regulators on Monday approved Europe's second largest travel firm Thomas Cook's takeover of smaller French rival Jet Tours.

The European Commission announced that it had given the deal its blessing via a 'simplified' vetting process used for acquisitions not seen as posing any competition problems.

BRUSSELS, July 31, 2008 (AFP) - The European Commission gave the greenlight on Thursday to Denmark's bailout of Roskilde Bank, judging the rescue of the country's eighth biggest bank did not break EU state aid rules.

WASHINGTON, July 28, 2008 (AFP) - A former top cargo chief for Scandivanian airline SAS has agreed to plead guilty and serve jail time for his role in an international air cargo price-fixing conspiracy, the US government said Monday.

BRUSSELS, July 28, 2008 (AFP) - The European Commission on Monday approved US candy giant Mars' 23-billion-dollar purchase of Wrigley, finding that the deal would not threaten competition.

'The commission has concluded that the proposed transaction would not significantly impede effective competition,' Europe's top antitrust watchdog said in a statement.

SHANGHAI, July 27, 2008 (AFP) - Beijing's anti-monopoly act takes effect this week but its introduction, which experts say will change how business is done in China more than any other recent law, remains surrounded by confusion.

FRANKFURT, July 25, 2008 (AFP) - Vattenfall Europe, a leading German energy company, said Friday it will sell its electricity distribution network, as requested by the European Commission.

FRANKFURT, July 25, 2008 (AFP) - Vattenfall Europe, a leading German energy company, said Friday it will sell off its electricity distribution network, as requested by the European Commission.

BRUSSELS, July 23, 2008 (AFP) - The European Commission approved Porsche's planned takeover of Volkswagen Wednesday, paving the way for the German sports car maker to buy Europe's biggest auto maker.

'After examining the operation, the commission concluded that the transaction would not significantly impede effective competition,' Europe's top anti-trust watchdog said in a statement.

BRUSSELS, July 23, 2008 (AFP) - The European Commission blocked German express delivery company DHL on Wednesday from receiving state guarantees worth up to 500 million euros (790 million dollars) to set up its European hub at Leipzig Halle airport.

BRUSSELS, July 22, 2008 (AFP) - The European Commission said on Tuesday that an Italian state loan to airline Alitalia failed to meet EU bailout rules, according to information so far available in its state-aid probe.