The new competition law 27,442 enacted in Argentina in 2018 paved the way to a refreshed model of competition law in Argentina. The new law promised to create an independent National Competition Authority and the implementation of a suspensory merger control regime, among others. However, the recent change in government and the irruption of the…

The theme of antitrust in crisis is very timely for the current global climate, but more so than ever for Australia where we had already dealt with unprecedented drought, bushfires and now the global COVID-19 pandemic. Not for a century have Governments had to manage a health and economic crisis of such intensity, scale or…

On 13 October 2020, the European Commission (“EC”) adopted a fourth amendment to the Temporary Framework of 19 March 2020 (“Temporary Framework”). This amendment builds on the previous three amendments to the Temporary Framework of 3 April 2020 (see our blog post), 8 May 2020 (see our blog post) and 29 June 2020 (see our blog post). The…

Intro / Summary The Dutch Trade and Industry Appeals Tribunal (College van Beroep voor het bedrijfsleven, “CBb”) reduced a fine imposed by the Dutch Authority for Consumers & Markets (“ACM”) on an unidentified undertaking with 99%, from €1 million to €10.000,-. The ACM asked the court to lower the fine, after being urged by the…

In brief: Industry collaborations that involve restrictions on supply of goods or services are likely to be per se illegal under Australian competition law. However, businesses can seek to self-assess legal risks under the joint venture exception to cartel conduct or seek to have proposed cartel conduct authorised (approved) by the Australian Competition and Consumer…

On 29 June 2020, the European Commission (“EC”) adopted a third amendment to the Temporary Framework of 19 March 2020 (“Temporary Framework”) to extend the options available to Member State governments seeking to support their economies further. Specifically, the assistance covers aid for smaller companies as well as means of encouraging additional investment from the…

The EU Commission (“EC”) has, for the second time, expanded its Temporary Framework of 19 March 2020 (“Temporary Framework”) to provide national governments with further guidance and additional tools to support distressed companies amidst the economic fallout of the COVID-19 crisis. As noted in our last blog post covering the first amendment to the Temporary…

The Turkish Competition Authority (“TCA”) on March 23, 2020 gave its heads up to undertakings that it was “closely following the price increases”, which it referred to as “opportunistic” during the pandemic[1]. As such, the TCA warned in its announcement that it will impose the highest fines allowed by the Turkish Competition Law on all…

In April 2020, The Turkish Competition Authority (“TCA”) initiated two separate preliminary inquiries in the protective face mask and retail sectors. These inquiries are a part of the TCA’s current patrol on anti-competitive activities in sectors that directly affect consumers during the Covid-19 outbreak. As a result of Covid-19 and its dire consequences, numerous industries…

Historically, crises have been catalysts of legal and political change. On occasion of the COVID-19 emergency, this week (April 20th, 2020) the Ecuadorian competition agency (‘Superintendencia de Control del Poder de Mercado’) (“SCPM”) has arguably made one of the most important legal reforms since that country’s competition act was enacted in 2011. Ecuador has a…