European Union

Brexit, China, Competition policy, European Commission, European Union, Foreign direct investment, Foreign investment, Foreign subsidies, Foreign Subsidy Regulation, Merger control, Private investment, Property investment, Public procurement, Regulation, Remedies, State owned enterprise (SOE), Subsidies, Switzerland, Tax, Taxation, Tender, Trade Law, United Arab Emirates, United Kingdom, United States of America

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

On 12 January 2023, the new EU Foreign Subsidies Regulation (FSR) entered into force. The majority of the FSR will start to apply on 12 July 2023. The FSR constitutes a new investigatory review tool for the European Commission. It will focus on economic behaviour on the internal market by companies who received foreign subsidies…

European Commission, European Union, Foreign direct investment, Foreign investment, Foreign subsidies

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

“All animals are equal but some are more equal than others” (George Orwell, ‘Animal Farm’) On 28 November 2022, the Council of the European Union gave its final approval to the new EU Foreign Subsidies Regulation 2022/2560 (the FSR). The regulation addresses distortions created by subsidies that are granted by non-EU countries to companies operating…

Advocate General, European Union, Sport

(Universität Düsseldorf) and (Wirtschaftsuniversität Wien, AKELA)/ /1 Comment

By now the issues surrounding the Super League need no further introduction. On the one hand, there are monopolists that potentially abuse their dominant position, whereas, on the other hand, there is a controversial collective of clubs, seeking to change or expand Europe’s current football offering. Consequently, the ECJ’s ruling may shape Europe’s sports sector…

European Commission, European Union, Foreign subsidies, Regulation

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

On 28 November 2022, the EU adopted the Foreign Subsidies Regulation, giving the European Commission powers to intervene to tackle foreign subsidies distorting competition in the EU internal market. The FSR, due to apply by mid-2023, will have a major impact on companies that engage in M&A and public tenders in the EU, and which…

Abuse of dominance, Advocate General, European Court of Justice, European Union, Merger control, Merger Thresholds, Mergers

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

Advocate General Juliane Kokott has proposed that the EU Court of Justice should find that competition authorities have the power to apply Article 102 TFEU to corporate transactions that are not reportable and test under that provision whether the transaction as such constitutes an abuse of a dominant position. However, a competition authority cannot in…

Digital economy, Digital Services Act, European Union, Ex ante regulation, Regulation

(University of Bari Aldo Moro, Italy)/ /1 Comment

The Digital Services Act: a primer Following its adoption by the Council on October 4, the final version of the Digital Services Act (DSA) has been approved and will be published in the Official Journal of the European Union (OJEU) in the forthcoming weeks. The DSA operates a major step in the ambitious project of…

Anticompetitive agreements, Competition enforcement, European Commission, European Union

(European University Institute)/ /Leave a comment

Last week, the European Commission adopted an updated version of its Informal Guidance Notice (“the IGN”), the mechanism that allows businesses to seek clarity regarding the compliance of specific activities with EU competition law. The substance of the IGN is animated by “guidance letters”, informal documents intended to provide legal certainty to undertakings facing novel…

European Commission, European Union, Foreign direct investment, Foreign investment

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

Regulation 2019/452 (as amended, the FDI Regulation) inserted the European Commission (the Commission) into a hitherto jealously guarded area of EU Member State authority – screening of foreign direct investment (FDI) for threats to security and public order.  The FDI Regulation sets out minimum requirements for Member States’ FDI screening regimes and a mechanism for…

Cartels, European Court of Justice, European Union

(University of Copenhagen)/ /Leave a comment

Case law has given rise to the concept of a Single and Continuous Infringement, providing for consolidating all actions and undertakings supporting an infringement. Including those with a marginal affiliation or effect, providing a doctrine of immense practical relevance. However, while the doctrine allows for solving practical issues, it does not dispense with the obligation…

Cartels, European Court of Justice, European Union, Evidence, Fundamental rights, General Court of the European Union, Procedures

(Advokatfirman Delphi)/ /Leave a comment

In recent years, there has been much talk of ‘due process’ and of ensuring a fair and impartial case handling by competition authorities. The EU Courts consistently stress the importance of respecting the parties’ defence rights but often end up siding with the European Commission. By finding no violation of the parties’ defence rights they…