In 2023, Israel’s competition law landscape has witnessed significant trends and shifts that are shaping the regulatory environment and influencing business strategies. From proposed amendments targeting distribution agreements to increased scrutiny during emergencies and pivotal legal rulings, this overview delves into the specific dynamics characterizing key competition law in Israel last year. These developments offer…
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 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…
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,…
2023 was certainly an eventful year for competition law and policy in Peru. Its Competition Agency, the National Institute for the Defense of Competition and the Protection of Intellectual Property (INDECOPI, after its Spanish acronym) was not immune from the instability of Peruvian politics. Two months after the failed coup d’état perpetrated by Pedro Castillo,…
2023 was the year in which fines in the ongoing “hub & spoke war” reached the staggering amount of € 733 million. An accomplishment haunted by the rulings from the Constitutional Court finding that the Competition Authority have been conducting dawn raids (including in the hub & spoke cases) illegally. This was also the year…
In this post, I will provide a brief overview of the main 2023 competition law and policy developments in five Western Balkan countries: Serbia, Montenegro, Bosnia and Herzegovina, North Macedonia, and Albania. What connects these jurisdictions is that they are all outside the EU and are at the same time heavily influenced by EU law…
Legislative developments Following the amendment of the Anti-Monopoly Law (AML) in 2022, the State Administration for Market Regulation (SAMR) unveiled a series of departmental regulations in March 2023: (1) Provisions on Prohibiting Monopoly Agreements; (2) Provisions on Prohibiting Abuse of Dominant Market Position; (3) Provisions on the Examination of Concentrations of Undertakings; (4) Provisions on…
