EU antitrust regulators raid cardiovascular medical device company
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[September 19, 2023]
BRUSSELS (Reuters) - EU antitrust regulators on Tuesday raided a
cardiovascular medical device company in an EU country on concerns that
the company may have abused its market power in breach of the bloc's
antitrust rules.
"The European Commission is carrying out unannounced inspections at the
premises of a company active in medical devices for cardiovascular
applications," the EU competition enforcer said in a statement.
"The Commission has concerns that the inspected company may have
violated EU antitrust rules that prohibit abuses of a dominant market
position," it said.
The EU executive, which acts as the antitrust watchdog in the 27-country
European Union, did not name the company nor the EU country in line with
its policy. Companies face fines as much as 10% of their global turnover
for infringing EU antitrust laws.
(Reporting by Foo Yun Chee)
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Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo
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