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State aid, Brexit and COVID-19 – not yet out with the old or in with the new

The COVID-19 pandemic has not helped the progress of talks between the UK and the EU for a post-Brexit trade deal, but the pace may now pick up as the two sides enter a period of intensified negotiations....more

State aid rules applicable to COVID-19 recapitalizations

The first State aid measures authorized by the European Commission (Commission) following the COVID-19 outbreak were aimed at helping companies to cover their immediate liquidity needs, mainly through bank loans guaranteed by...more

Acquisition of businesses in financial difficulty as a result of COVID-19: Do buyers still need to wait for prior...

In the wake of the COVID-19 crisis, many companies will be facing significant financial difficulties for which the only viable solution to remain a going concern will be acquisition by another company. It is safe to predict...more

EU Commission adopts Temporary Framework for State aid to support the economy in the current COVID-19 outbreak and approves...

The COVID-19 pandemic has hit the European economy with brute force. Many businesses are facing drastic declines in revenues and are in urgent need of liquidity. Some have imposed temporary lay-offs or even face insolvency. ...more

European Court of Justice upholds European Commission's €20 million 'double' fine for gun-jumping merger control clearance

Norwegian salmon farmer Marine Harvest has been unsuccessful in its appeal to the Court of Justice of the European Union (CJEU) regarding substantial and separate fines imposed on it by the European Commission for both...more

Brexit and the transition period – implications for the EUMR's one-stop-shop

The UK's departure from the EU on 31 January has initiated an 11 month transition period, during which the application of EU competition law in the UK will remain largely unchanged.  Thus the EU rules governing mergers will...more

Commission seeks interim measures for the first time in 18 years

On 26 June 2019, the European Commission announced that it has opened a formal investigation to determine whether US chipmaker, Broadcom, is abusing its allegedly dominant position in the markets for modem and TV chipsets...more

Illegal Parking?

On 27 June 2019, the European Commission (Commission) announced it had fined Japanese camera and printer manufacturer, Canon, €28m for partially implementing its 2016 acquisition of Toshiba Medical Systems prior to the...more

EC publishes its Final Report on EU loan syndication and its impact on competition in credit markets

The long awaited European Commission report into syndicated lending was published this yesterday. This report (produced for the European Commission by Europe Economics) follows the EC’s investigations into potential...more

New EU framework for screening foreign direct investment

On 20 November 2018, the European Commission (Commission) announced a draft EU framework for screening foreign direct investment (FDI) in response to concerns regarding foreign investment in EU-based businesses active in...more

Good things don't always come in small packages for the European Commission: Advocate General Kokott delivers her Opinion on the...

On 25 July 2018, Advocate General Kokott proposed that the EU Court of Justice validate the annulment by the EU General Court of the European Commission’s 2013 prohibition decision of UPS's planned acquisition of its...more

Corporate News – January 2017

First director disqualification: UK focus on pursuing individuals as well as companies for breach of competition law - The UK's Competition and Markets Authority has secured its first disqualification of a director of a...more

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