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Mayer Brown

Europe Daily News, 29 February 2024

Mayer Brown on

COMPETITION - Prior notification of a concentration (Case M.11454 - KKR / Veritas / Cotiviti) - Prior notification of a concentration (Case M.11474 - HPS / Berlin Brands Group)...more

Skadden, Arps, Slate, Meagher & Flom LLP

Mandatory Notification Obligations Under the EU’s Foreign Subsidies Regulation Kick In: Are You Ready?

Starting today, October 12, 2023, the mandatory notification requirements under the EU’s Foreign Subsidies Regulation (FSR) apply. M&A deals involving businesses that (i) have been granted certain levels of financial support...more

WilmerHale

EC Issues Revised Guidelines on Agreements Between Competitors: 10 Key Takeaways

WilmerHale on

On June 1, 2023, the European Commission (EC) adopted revised Horizontal Guidelines (HGs) and two updated block exemption regulations (BERs) on research and development (R&D) and “specialisation” agreements. These materials...more

Latham & Watkins LLP

Foreign Subsidies Regulation Key Updates for PE Deal Teams

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European M&A is expected to become more complex after European legislators agreed on a new Foreign Subsidies Regulation (FSR), which came into force in January 2023 and aims to control subsidies that distort the EU internal...more

Hogan Lovells

Foreign Subsidies under EU scrutiny: a revolution that will impact foreign undertakings active in the EU

Hogan Lovells on

The new EU Foreign Subsidies Regulation, which appears to mirror the substantive EU State aid principles set out in Article 107 (1) of the Treaty on the Functioning of the European Union (“TFEU”) and entered into force on 12...more

Latham & Watkins LLP

European Scrutiny of Foreign Subsidies to Impact PE Deals

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A new regulation to control foreign subsidies could entail more complex, costly, and time-consuming deal clearances. European M&A is set to become more complex after the entry into force of the Foreign Subsidies...more

Latham & Watkins LLP

Foreign Subsidies Regulation Presents a New Hurdle for European M&A

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A new regulation to control foreign subsidies could result in more complex, costly, and time-consuming M&A clearance processes. European M&A is set to become more complex after the European Parliament and European Council...more

McDermott Will & Emery

Antitrust M&A Snapshot - October 2021 Q3

McDermott Will & Emery on

JULY – SEPTEMBER 2021: HIGHLIGHTS - UNITED STATES - • The US Department of Justice’s (DOJ) challenge of American Airlines and JetBlue’s “Northeast Alliance” after the joint venture’s approval by the US Department of...more

White & Case LLP

The European Commission adopts far-reaching proposals to control foreign subsidies

White & Case LLP on

On 5 May 2021, the European Commission ("Commission") issued a proposal for a far-reaching Regulation to tackle foreign subsidies, which, if adopted, will increase the regulatory risk for companies operating or investing in...more

Latham & Watkins LLP

Jurisdictional issues in deals involving joint ventures: Review of the General Court judgment in HeidelbergCement and Schwenk...

Latham & Watkins LLP on

The judgment provides useful jurisdictional clarifications for deals involving joint ventures (JVs) acting as an acquirer. The General Court (GC) confirms that when the true players behind the transaction are the parent...more

Foster Garvey PC

OTA & Travel Distribution Update: Online platforms lack price transparency; United continues preparation for Expedia wind down;...

Foster Garvey PC on

This week’s Update includes a report on the EU Commission’s widespread examination of online platforms’ pricing practices and an update on the much-publicized standoff between United and Expedia. Enjoy....more

K&L Gates LLP

Brussels Air Transport Brief: November 2018

K&L Gates LLP on

AVIATION REGULATORY AND POLICY - Air Services Regulation: Council reaches agreement on amendment regarding wet-lease agreements with third countries - On 21 September 2018, the European Council agreed to an amendment of...more

A&O Shearman

European merger rules do not apply to non full-function joint ventures, ECJ clarifies

A&O Shearman on

On 7 September, the Court of Justice (ECJ) issued a preliminary ruling on the interpretation of the concept of concentration set out in Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings...more

McDermott Will & Emery

THE LATEST: Behavioral Remedy Satisfies European Commission in Rolls-Royce’s €720M Agreement to Purchase the Rest of ITP

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WHAT HAPPENED: ..Rolls-Royce and SENER have a 47 percent/53 percent joint-venture in Industrial de Turbo Propulsores (ITP)–an aircraft engine components manufacturer....more

McGuireWoods LLP

European Competition Law Newsletter – February 2017

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February 1, 2017 Table of Contents On 20 January 2017, the UK Competition and Markets Authority (CMA) announced that it has provisionally concluded that two suppliers of cleanroom laundry services in the UK have broken...more

McDermott Will & Emery

Inside M&A - August 2016

Recent Enforcement Trends in Divestiture Packages - The Federal Trade Commission (FTC) and US Department of Justice’s (DOJ) Antitrust Division have been actively challenging mergers and acquisitions (M&A) across a...more

King & Spalding

REGULATORY: EU Competition Law: European Commission clears the acquisition of TNK-BP by Rosneft

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The European Commission (“Commission”) has approved without conditions Rosneft’s US$ 54.8 billion acquisition of TNK-BP. The Commission’s 8 March approval came two months after the Russian Federal Antimonopoly Service (“FAS”)...more

King & Spalding

REGULATORY: EU Competition Law: EU Competition Law and Joint Sales in LNG

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Liberalization of the EU natural gas sector began almost two decades ago. Since then, the European Commission (the “Commission”) has used various mechanisms to facilitate market opening including competition law enforcement,...more

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