European Commission

European Commission, Foreign direct investment, Foreign investment, Hungary, Merger control, Mergers

(Pérez-Llorca, Spain) and (Pérez-Llorca)/ /Leave a comment

Background The recent proliferation of foreign direct investment regimes (“FDI”) in Europe baffles practitioners and deal makers alike.  Why is my acquisition of, say, a developer of grapes in Spain potentially subject to CFIUS-like rules?  Can my carefully crafted leveraged buyout of a niche Polish producer of NFTs derail out of national security concerns because…

Abuse of dominance, Amazon, Digital markets, Digital Markets Act, European Commission, European Union, National competition authorities (NCAs), Ne bis in idem

(University Carlos III of Madrid, Spain)/ /Leave a comment

The final text of the DMA, after the Council’s final approval last 18th July, opened up, yet again, speculation on its enforcement. Although the Commissioner for the Internal Market Thierry Breton promptly confirmed that DG Connect would be the Directorate to apply and oversee the compliance of the DMA’s rules and obligations, several questions still…

Anticompetitive agreements, Antitrust, Collusion, Economics, European Commission, Guidelines, Horizontal, Joint Bidding, Pharmaceuticals, Price fixing, Restriction by object

(Szecskay Attorneys-at-Law, Hungary)/ /Leave a comment

The European Commission’s horizontal guidelines are an invaluable tool for practitioners in antitrust compliance work. The team at Unit A1 in DG COMP have done a great job at further developing the guidelines in the new draft that was published for stakeholder comments on 1 March 2022. Today, the EU & Competition team at Szecskay…

European Commission, HBER, Horizontal

, (White & Case) and (White & Case, Belgium)/ /Leave a comment

On 1 March 2022, the European Commission (“EC”) published for consultation two draft revised horizontal block exemption regulations (“HBERs”) on research & development (“R&D”) and specialisation agreements, as well as draft revised horizontal cooperation guidelines (“Horizontal Guidelines”). The EC’s stated aim is to make it easier for companies to cooperate in areas such as R&D…

Data protection, European Commission, European Union

(Norton Rose Fulbright, Belgium)/ /1 Comment

On 23 February 2022, the EU Commission published its long-awaited Data Act, the last major building block of the Commission’s February 2020 Data Strategy.  The Data Act Is an ambitious piece of legislation with implications for consumers and businesses across the economy, not limited to the technology sector.   The act aims to facilitate access to…

European Commission, Information exchange, VBER, Vertical agreements, Vertical restraints

, , (White & Case) and (White & Case, Belgium)/ /Leave a comment

As part of its review of the EU antitrust rules governing vertical agreements, the European Commission (EC) has published for consultation a draft new section of its Vertical Guidelines, which contains proposed guidance on information exchange in “dual distribution” relationships. Reacting to feedback from stakeholders, the EC has adjusted the review test it proposed in…

European Commission, European Union, Foreign subsidies, Merger control, Subsidies

(Norton Rose Fulbright, Belgium)/ /Leave a comment

The European Union (EU) is readying revolutionary new powers for the European Commission (the Commission) to combat distortions of competition resulting from subsidies from non-EU governments.  The new regime, laid out in a proposed regulation (the Anti-Subsidy Regulation) published in May 2021, could be in effect as soon as mid-2023.  The regulation includes new mandatory notification…

Anticompetitive agreements, Cartels, Dawn raids, European Commission, European Union, Labour market, No-poach-agreement

, , , , , , (White & Case) and (White & Case, Belgium)/ /Leave a comment

In a speech on 22 October 2021, EU Competition Commissioner Margrethe Vestager revealed that the European Commission was planning a series of dawn raids for the months to come. She highlighted that the European Commission is not just looking to investigate traditional cartels, like price-fixing agreements, but also other types of anti-competitive conduct – such…

Digitisation, Dutch clause, European Commission, European Union, Foreign direct investment, Innovation, Jurisdiction, Jurisdiction clauses, Killer acquisitions, Merger control, Podcast

(University of Vienna, Austria)/ /Leave a comment

The newest episode of the competition edition of the International Law Talk Podcast focuses on the revival of the Dutch clause and other current issues of merger control. For this highly topical issue, I interviewed merger control star Tilman Kuhn from White & Case. Earlier this year, the European Commission encouraged Member States to use…

Abuse of dominance, Advertising, Brand Gating, Data protection, Digital markets, European Commission, European Union, Facebook, France, Germany, Italy, Merger control, Online advertising, Online platforms, Spain, United Kingdom

(Spieker & Jaeger)/ /Leave a comment

When we earlier reported the German Facebook proceedings in terms of a legal opera [Link], this metaphor was, as I am afraid we have to admit, a little ill-fitting. As things now seem, we can observe a whole oeuvre, a whole cinematic universe, as a good number of spin-offs, sequels and side-stories centred around Facebook…