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Market Definition Under the New Notice - What Companies Need to Know

The European Commission (EC) has revamped the 1997 Commission Notice on the definition of the relevant market for the purposes of Community competition law (the 1997 Notice), and published a new Notice (Notice) on 8 February...more

The Future of Market Definition by the European Commission - March 2023

The European Commission (EC) has revamped the 1997 Commission Notice on the definition of the relevant market for the purposes of Community competition law (the 1997 Notice), and conducted a public consultation to gather...more

The Digital Services Act: Practical Implications for Online Services and Platforms - March 2023

The Digital Services Act (DSA) is a key part of the European Union’s (EU) digital regulation strategy, which seeks to modernise legal frameworks and create a safer and more open digital environment. The DSA entered into...more

CJEU Expands Scope of Legal Professional Privilege to Any Legal Advice

According to a new judgment LPP protects private communication between clients and lawyers, limiting requests for information in competition proceedings. Key Points: ..Clients can now argue that their communications with...more

German Draft Competition Law Amendment Includes Far Reaching Remedial Powers Absent Actual Infringements

Under the draft law, the FCO could impose behavioural and structural remedies following a sector inquiry without finding an infringement of German or EU competition law. The German Federal Ministry for Economic Affairs...more

New Guidance on Article 22 EUMR Referrals to the European Commission

The European Commission (EC) has published new guidance on the application of the referral mechanism set out in Article 22 of the EU merger regulation (EUMR) allowing for mergers falling below national merger thresholds to be...more

Deal Planning After Brexit - Merger Control Aspects

What does the UK’s exit from the EU on 31 January mean for parties’ deal planning? Key Points: ..On 23 January 2020, the UK passed legislation to leave the EU on 31 January 2020 under the terms of the Withdrawal Agreement...more

Can Private Equity Buyers Be Suitable Purchasers of Divested Assets for Antitrust Regulators?

In the last five years, the European Commission (EC) has required divestitures in more than 70 antitrust cases, requiring merging parties to divest business assets as a condition to receiving regulatory approval. This...more

Germany and Austria Release Guidance on New Size-of-Transaction Test in Merger Control

Final joint guidance on new transaction value threshold published. The German Federal Cartel Office (FCO) and the Austrian Federal Competition Authority (FCA) have released a joint guidance paper (Guidance Paper)...more

General Court Annuls Fine in Envelope Cartel Settlement

First successful appeal against an EU settlement decision in a cartel case may have broader implications for the settlement process. On 13 December 2016, the General Court of the Court of Justice of the European Union...more

European Commission Asserts Broad Power to Scrutinize Transactions Involving Chinese State-Owned Enterprises

EC decision considering the control over SOEs may have far-reaching implications for future transactions of all Chinese SOEs in Europe. In its recent decision in Case COMP/M.7850 - EDF / CGN / NNB Group of Companies, the...more

ECJ Decision in LCD Cartel Case Affirms Potential for Higher Fines to be Imposed on Vertically Integrated Companies

Decision allows Commission to consider sales of products incorporating cartelized goods when calculating cartel fines for a vertically integrated group selling the “transformed product” in Europe. On 9 July 2015, the...more

Court of Justice Finds Deutsche Bahn Dawn Raids Illegal

Commission’s dawn raids of Deutsche Bahn’s premises were illegal because improperly discovered documents triggered the action. Summary - On 18 June 2015, the Court of Justice of the EU (ECJ) partly allowed...more

European Court of Justice Underlines Importance of Non-Discrimination Principle in EU Cartel Fines

EU High Court reduces cartel fine by 30 percent on appeal and stresses need for timely resolution of cases by the General Court. Summary - On 12 November 2014, the Court of Justice of the European Union (ECJ)...more

The European Court of Justice Caps Liability for Acquired Companies’ Cartel Infringements

The ruling caps fines on companies with historic cartel exposure that are acquired by large companies and increases predictability of future antitrust exposure stemming from pre-acquisition conduct. On 4 September...more

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