With the much-debated reforms to Act 19/2003 of 4 July, on capital movements (“Act 19/2003”), the Spanish foreign direct investment (“FDI”) regime has been expanded over the past few years. However, FDI screening in relation to defense investments predates Act 19/2003 (and the recent FDI hype more broadly), and was regulated in Royal Decree 664/1999…
Intro The year 2024 witnessed significant legislative developments and active enforcement of the Antimonopoly Act (“AMA”) by the Japan Fair Trade Commission (“JFTC”). The year also saw increased scrutiny of digital markets amid legislative efforts targeting major platform operators, reflecting broader global trends to regulate gatekeeping behavior and ensure fair competition. This blog entry is…
In 2024, Swiss competition law saw significant developments. The first instance of abuse of relative market power was determined based on the novel offense introduced in 2022. The Secretariat of the Swiss Competition Commission (“ComCo”) also determined that antitrust principles apply to labor markets, marking a pioneering stance among authorities in its detailed examination of…
Introduction On February 13, 2025, the Bundeskartellamt (Federal Cartel Office, “FCO”) sent its statement of objections to Apple regarding the App Tracking Transparency Framework (“ATTF”), setting out competition concerns based on a preliminary legal assessment (see press release here). The FCO initiated proceedings under Section 19a ARC and Art. 102 TFEU on June 14, 2022…
Europe is not alien to Criminal liability for bid rigging. There are even have national criminal codes that consider cartels and bid rigging practices as a criminal offence (see Criminalisation of Cartels and Bid Rigging Conspiracies: A Focus on Custodial Sentences | OECD). Notwithstanding this, cases are rare, and judgments addressing this topic are scarce….
For the last few years, a series of significant, iterative amendments to Canada’s Competition Act (Act) have occupied centre stage in any discussion of Canadian competition law and policy. With the last of these amendments coming into force in June 2025, attention is increasingly shifting to how the cumulative amendments will be applied. In this…
Introduction Companies are increasingly aware of the significance of complying with all applicable laws when carrying out their business activities. As a result, companies (both small and large) have implemented compliance programmes covering the most relevant areas of law, to ensure that they comply with these rules to avoid severe consequences, such as high fines…
2024 marked the 15th anniversary of the Autorité de la concurrence – previously the Conseil de la concurrence – (Press release, 12 November 2024), a record anniversary. Indeed, the French competition authority (“FCA”) has had a “historic year” with “€1.4 billion in fines imposed and a record 295 mergers examined” (Press Release, 15 January 2025). As the European Court of…
Recently, the European Union’s industrial policy has undergone a renaissance. Faced with mounting geopolitical uncertainties, increased global competition, and the urgency of “twin transitions” (digital and green), the EU has identified a pressing need to bolster strategic sectors, accelerate innovation, and ensure resilience within the internal market. The Letta and Draghi Reports can vouch for…
This year’s recap of the main developments of competition law and policy in Italy in 2024 will first provide a brief and general policy update, and then will discuss some of the main sector-specific developments (without any aspiration of being exhaustive). Then, we will provide some updates concerning the private enforcement of competition rules, as…
