On 8 February 2024, the Commission published the long-awaited final text of the revised Market Definition Notice. Over a quarter of a century after the adoption of the first Market Definition Notice in 1997, we have a new and improved version ready for the modern age. The revised Notice covers a lot of ground: it…
The Turkish Competition Authority (“TCA”) had a busy agenda in 2023 both in terms of enforcement and policy actions. Let us elaborate on some of them here. For your convenience, we have classified those in the following sections: (i) antitrust, focusing on violation in the digital markets, no-poaching agreements, resale price maintenance (ii) legislative developments…
With the (belated) transposition of the EU Representative Actions Directive (RAD) on 13 October 2023 by means of the RAD Implementing Act (Verbandsklagenrichtlinienumsetzungsgesetz – non-German speakers, I treat you to a beer if you can properly pronounce this Zungenbrecher), the German legislator has ventured new legal territory for collective actions. Now, four main models build the…
The United Nations’ Sustainable Development Goals (SDG) focus significantly on reducing inequalities globally (see, for example Goal 10 of UN SDG). Social inequality across the globe is premised on various parameters, including gender, race, income, religion and ethnicity. For instance, UN Women highlighted that women globally make around 77 cents for every dollar made by…
TikTok’s parent company, ByteDance, has not managed to suspend the effects of the European Commission’s designation decision (for comment on the designation decisions, see here). However, the appeal that ByteDance directed at the designation decision will be given the benefit of an expedited procedure. This is the first time that the General Court uttered a…
With 2023 now in hindsight, it is time to take stock of what happened in the Swedish competition law arena last year. To sum up, while the number of dawn raids remains low, the Swedish Competition Authority (‘the SCA’) has been active during 2023, carrying out a sector inquiry into the food industry and pursuing…
In 2023, Brazilian competition policy celebrated three significant landmarks: first, the 20th anniversary of its first leniency agreement; second, the launch of CADE’s cartel sanction calculation guidelines; and third, the establishment of a partnership between the Brazilian competition authority CADE and the Office of the Comptroller General (CGU) for efficiency improvements in the investigation of…
Let the waves (or the CJEU) carry you where the light cannot. On January 18, the CJEU delivered its judgment in the Lietuvos notarų rūmai case (C-128/21), where it dealt with the scope of the Wouters exception to the prohibition of cartels (see originally C-309/99). Here, the CJEU had to decide whether a decision of…
Year at a glance 2023 saw further consolidation of the banking sector, with OTP Bank buying NKBM, creating the second largest bank in the country. In MOL / OMV Slovenija, the European Commission (“EC”) cleared (after a Phase II investigation and subject to an up-front-buyer remedy) MOL’s acquisition of OMV’s gas station network in Slovenia….
In Denmark, the Danish Competition Council is the principal enforcer of competition law, with the Danish Competition and Consumer Authority acting as the day-to-day caretaker, including rendering decisions in (minor) cases. Decisions from either the Competition and Consumer Authority or the Competition Council may be appealed to the Danish Competition Appeals Board or the judiciary,…
