On 29 June 2022, Ireland enacted major reforms to its Competition Act. These changes will impact on all sectors across the Irish economy, with potential target industries such as Life Sciences, Energy, Technology and Consumer Goods facing increased scrutiny – particularly as Ireland is a key HQ location for EMEA operations. While the reforms belatedly…
Competition authorities globally continue to focus attention on potential anticompetitive conduct affecting labour markets, with a particular emphasis on “wage-fixing” and “no-poaching” agreements. Although Canada was somewhat late in addressing this issue, the federal government has now passed amendments to the Canadian Competition Act that criminalize wage-fixing and no-poaching agreements between parties. In enacting this…
The rapid development of digital markets has been posing major challenges to competition authorities for some time. The ‘internet giants’ consisting of Google, Amazon, Facebook, Apple and Microsoft have as already known been able to gain and consolidate strong market positions faster than in analogue markets. The previous antitrust law was, according to the own…
The discussion of foreign investment law in Canada usually centres around the net benefit and national security review provisions of the Investment Canada Act (ICA). However, foreign investors must also be aware of different sector-specific laws in Canada that impose limits on foreign ownership of businesses in those sectors, including whether they exercise “control in…
In the wake of the recent hearing of the CJEU in the German Facebook case, this post assesses two common views on the integration of competition law and privacy policy, providing a general overview of the debate we are currently facing and reflecting on its apparent future. How privacy is relevant for competition law?…
The labor market has gradually increased its place on the agenda of competition law, especially in the last ten years. No-poaching agreements (agreements between competitors to not transfer employees from each other) come first among the elements that constitute the subject of competition law in the labor market. Like the other competition authorities, the Turkish…
On 1 June 2022, the Austrian Federal Competition Authority (‘FCA’) published its draft Sustainability Guidelines (‘Guidelines’) to provide guidance for assessing ecological/environmental sustainability agreements under the new sustainability exemption recently introduced in Austrian antitrust law (§ 2 para 1 of the Austrian Cartel Act). Background The new sustainability exemption was introduced by the Austrian…
On 18 May 2022, the EU General Court (the “GC”) upheld the European Commission’s (the “EC”) €28 million fine imposed on Canon for gun-jumping in the context of a (somewhat unique) so-called warehousing structure. The judgment confirms that structures such as the one at issue are not allowed under EU law without an express derogation…
On 10 May 2022, the European Commission (“EC”) published a new Vertical Block Exemption Regulation (“VBER”) and guidelines on vertical restraints (“Vertical Guidelines”) that will enter into force on 1 June 2022. The package introduces important changes for the treatment of distribution agreements under EU competition law, in particular to the rules governing the combination…
Switzerland is one of the world’s largest recipients of foreign investments – but does not yet have a general regime for the systematic screening of foreign investments. As mandated by Parliament, the Federal Council, the Swiss government, has now issued a preliminary draft legislation for public consultation proposing to introduce a foreign investment regime in…
