Antitrust

Antitrust refers to a field of economic policy and laws dealing with monopoly and monopolistic practices. Antitrust law or antitrust policy are terms primarily used in the United States, while in many other countries the terms competition law or policy are used. Some countries have utilized the phrases Fair

Trading or Antimonopoly law. The intellectual basis for antitrust economics or policy is the sub-field of industrial organization economics which addresses issues arising from the behaviour of firms operating under different market structure conditions and the effect this has on economic performance. Most antitrust or competition laws have provisions dealing with structure such as mergers, monopoly, dominant market position and concentration, as well as behaviour, such as collusion, price fixing, and predatory pricing.

Source: OECD

Antitrust, Cartels, Competition, Enforcement, Europe, European Union, Investigations, Leniency, Policy

(WKB Wierciński, Kwieciński, Baehr, Poland)/ /Leave a comment

On 10 June 2014, the Polish Parliament adopted a significant set of amendments to the Polish Competition Law Act (the “Act”). Having received Presidential approval on 30 June 2014, the amended Act is now waiting for publication. The changes are expected to come into force relatively soon. The amendments will take effect 6 months after…

Antitrust, Competition

(Davies Ward Phillips & Vineberg LLP, Canada)/ /Leave a comment

Introduction With the exception of hard-core cartel conduct such as price-fixing and bid-rigging, Canadian competition law has de-emphasized in recent years the importance of pricing conduct as a source of anti-competitive harm. Thus, although the Canadian Competition Act historically contained a variety of criminal offences targeted at pricing conduct – price discrimination, predatory pricing, geographic…

Antitrust, Competition, Consumer welfare, Dominance, Enforcement

(Davies Ward Phillips & Vineberg LLP, Canada)/ /Leave a comment

I. INTRODUCTION Perhaps more than ever, tensions between suppliers and retailers have become the defining feature of the grocery industry worldwide. These tensions have also frequently formed the basis for interventions (or proposed interventions) by competition enforcement authorities in this sector. Canada is no exception to this global trend. The Canadian retail grocery industry is…

Antitrust, Cartels, Competition, Dominance, United Kingdom

(St Johns Chambers, United Kingdom)/ /Leave a comment

Private damages litigation is an important complement to public enforcement of UK and EU competition law by the European Commission and national competition authorities (“NCAs”), such as the UK’s newly formed Competition and Markets Authority (“CMA”). Whilst there has been a noticeable increase in private litigation seen in the UK courts, whether ‘follow-on’ or ‘standalone…

Antitrust, Competition, Consumer welfare, Enforcement, Europe, European Commission, European Union, Policy, United States of America

(College of Europe, Belgium)/ /Leave a comment

The proceedings brought by the European Commission against Google are nearing a – provisional – end with the prospect of a decision making binding on Google a revised set of commitments (see here for the Commission statement and here for the full text of the proposed commitments). Independently of their merits in addressing the Commission’s…

Antitrust, Competition, Consumer welfare, Dominance, Enforcement, Policy

(Davies Ward Phillips & Vineberg LLP, Canada)/ /Leave a comment

On February 11, 2014, the Canadian government included in its federal budget a proposed amendment to the Competition Act to prohibit unjustified price discrimination to reduce the gap between consumer prices in Canada and the United States. The Minister of Finance made clear that the Commissioner of Competition, the head of Canada’s Competition Bureau, would…

Antitrust, Competition, Court of Appeal, Dominance, Enforcement, Market definition, Policy

(Davies Ward Phillips & Vineberg LLP, Canada)/ /Leave a comment

On February 3, 2014, the Federal Court of Appeal overturned the Competition Tribunal’s 2013 decision dismissing the Commissioner of Competition’s abuse of dominance allegations against the Toronto Real Estate Board (TREB) and referred the case back to the Tribunal. In so doing, the Court held that the Competition Act’s abuse of dominance provisions could potentially…

Antitrust, Cartels, Competition, Dominance, Enforcement, Investigations, Leniency, Market definition, Mergers, Policy

(Davies Ward Phillips & Vineberg LLP, Canada)/ /Leave a comment

In our annual forecast of the year ahead for Canadian competition and foreign investment review law, the Davies Competition Law and Foreign Investment Group outlines the “Top 10” key issues and trends to watch for this year. 1. A Green Light for Class Actions by Indirect Purchasers The Supreme Court of Canada issued an important…

Antitrust, Competition, Enforcement, Investigations

(Hogan Lovells)/ /Leave a comment

In a move that signals that UK criminal cartel enforcement is set to increase, Peter Nigel Snee appeared on 27 January 2014 at Westminster Magistrates’ Court to face charges under the UK’s criminal cartel offence. Mr Snee has been charged under section 188 of the Enterprise Act 2002 with “dishonestly agreeing with others to divide…