Introduction The substantial rules of the Turkish merger control are taken from the corresponding EU provisions. The amendments to the Turkish Competition Law in 2020 introduced the SIEC test to improve the concentration control regime and harmonize it with the EU rules even further. The amended Merger Communique in 2022 revised the thresholds as a…
In its first in-person event in more than two years, Canada’s Competition Bureau (the “Bureau”) hosted a summit on September 20, 2022, exploring the intersection between competition law and environmental/sustainability initiatives (details on the Competition and Green Growth Summit are available here). In doing so, the Bureau joins other agencies that have examined the impact…
Introduction The automotive sector has been on the radar of the Turkish Competition Authority (“TCA”) for a long time. In this sense, the TCA conducted an investigation (“Investigation”) regarding the allegations that some undertakings operating in the first-hand and second-hand automotive markets violated Law. No. 4054 on the Protection of Competition (“Competition Law”) via stockpiling…
Background Amazon.com Inc. recently approached the Supreme Court against the decision of the National Company Law Appellate Tribunal (NCLAT), where the Tribunal affirmed the ruling of the Competition Commission of India (CCI). The impugned decision of the Tribunal upheld the penalty order against Amazon.com, on the basis of non-disclosure and suppression of material information in…
Almost two and a half years have passed since Spain’s Royal Decree Laws 8/2020, of 17 March, on extraordinary urgent measures to address the economic and social impact of COVID-19, 11/2020, of 31 March, adopting additional urgent social and economic measures to address COVID-19, and 34/2020, of 17 November, on urgent measures to support business…
On August 5, 2022, the Italian Parliament adopted the 2021 Annual Law for Market and Competition (the “2021 Competition Law”), [1] the aim of which is to adapt the Italian system to EU competition rules and policies and to improve and liberalize markets affected by regulatory or economic barriers. The law reflects most of the…
As in most jurisdictions, the Portuguese Competition Act (‘PCAct’) provides for an ex-ante merger control regime, according to which concentrations above certain thresholds are subject to mandatory pre-notification. Three alternative thresholds apply i) a turnover threshold, ii) a standard market share threshold and iii) a de minimis market share threshold (see Article 37 of the PCAct)….
The Lugano Convention 2007 is an international treaty negotiated by the EU on behalf of its Member States with Iceland, Norway and Switzerland. It seeks to clarify (inter alia) which courts have jurisdiction in cross-border civil and commercial disputes. The UK ceased to be a Member of the Convention upon Brexit and its attempt to…
On 16 September 2022 came into force the amendments to the Portuguese Competition Act introduced by Law no. 17/2022, of 17 August which also modifies the bylaws of the Competition Authority (PCA). This is the third amendment to the 2012 Competition Act, and the first amendment to the PCA bylaws. Law no. 17/2022 transposes the…
Sustainability as a policy priority It is no news that sustainability is an important topic of competition policy across the EU. There is clear consensus that competition law enforcement should be careful not to hinder cooperation between companies, even competitors, that facilitates the realisation of or progress towards reaching sustainability goals of climate policy (or…
