2020, 2021, 2022, 2023, we continue to keep you up to date with the latest developments in competition law and policy on EU level. To say it with Philip Marsden ‘step back, nibble some chocolate’ and read on the competition law developments in 2024 – competition law made easy! Article 101 TFEU In 2024,…
2024 was marked by significant investigations, fines, and new frameworks addressing emerging issues in competition law of Türkiye. From resale price maintenance (RPM) and labor market agreements to the regulation of digital marketplaces, the Turkish Competition Authority’s (TCA) activities reflect a commitment to fostering competitive markets across various sectors. This short article outlines and summarizes…
The year of 2024 was an eventful year for the Icelandic Competition Authority (“ICA”), as well as for Icelandic courts, regarding both competition enforcement and merger control. The EFTA Surveillance Authority (“ESA”) also decided to carry out its first ever unannounced antitrust inspection in Iceland. Following is a brief overview of the most important developments…
The year 2024 unfolded amidst ongoing challenges, including regional conflicts and global economic uncertainties, which continued to influence Israel’s regulatory and economic environment. Despite these adversities, Israel’s competition regulation saw targeted legislative updates and decisive judicial interventions. These developments highlight the Israeli Competition Authority’s pragmatic approach to addressing anti-competitive practices while navigating broader societal and…
Over the past months, various discussions and debates have taken place concerning the future path of EU competition policy. Central to these discussions was the Draghi Report calling to revamp the EU’s competitiveness and launch a new industrial policy. Some of these discussions were described as reviving “old Europe” mindset and proposing policy directions that…
On 18th November 2024, the Competition Commission of India (“CCI”) made history by imposing a penalty of Indian Rupees 2.13 billion (approximately USD 25.3 million), alongside cease-and-desist directions on Meta for abusing its dominant position (In Re: Updated Terms of Service and Privacy Policy for WhatsApp users). The order was passed in relation to WhatsApp’s…
2024 has been a landmark year for competition law, unfair competition, and foreign direct investment (FDI) screening in Romania, marked by significant changes that have reshaped the regulatory landscape. The Romanian Competition Council (RCC) has solidified its role as a proactive authority, capable of responding swiftly when needed, launching unprecedented enforcement actions in the IT,…
This blog post provides a brief overview of some of the most important developments in Australian competition law and policy in 2024. It has been another busy year for the Australian Competition and Consumer Commission (ACCC), particularly in the areas of mergers, digital platform markets, supermarkets, and sustainability. Notably, this year also marks the 50th…
The year 2024, in Malta, has seen the first (ever) merger control prohibition decision, a number of ongoing antitrust investigations, and the overturning of a ‘margin squeeze’ judgement by the Competition and Consumer Affairs Appeals Tribunal (an appeals body that has since been abolished) (“Competition Appeals Tribunal”) dating back to 2014. In September 2024 the…
Introduction and summary The year 2024 brought us a lot of developments in Norwegian competition law, including the largest fine ever imposed by the Norwegian Competition Authority (NCA) for violations of competition law, the proposal of a new market investigation tool that will grant the NCA extensive powers to tackle competition challenges, alongside a continued…
