As part of the series of posts on the main developments in Competition Law, we are honored to present for the first time in the series an overview of the developments and trends in Brazilian Competition Law and Policy. Brazil had two important landmarks in 2022: the 10th anniversary of the beginning of the validity…
When, why, and on what evidence can a competition regulator in one jurisdiction push for divestments in global deals? An increasingly active UK Competition and Markets Authority (“CMA”) has been making its presence known, not least in technology mergers. This blog post will review core questions from Meta/Giphy relevant to advising on UK merger clearance…
“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…
The year 2022 was an eventful year both for the Icelandic Competition Authority (“ICA”) and Icelandic Courts regarding competition enforcement and merger control. Iceland is a member of the EEA Agreement and Icelandic competition law therefore mainly mirrors EU competition law. Over the year several high-profile merger cases were amicably resolved following rigorous substantive assessments…
Last November, on the 10th anniversary of the Brazilian Competition Act (Law No. 12,529/2012, or BCA), a long-expected regulation aiming at incentivizing actions for antitrust damages was enacted in Brazil (the so-called “Brazilian Private Enforcement Package” – BPEP, or Law No. 14,470/2022). Formerly proposed before the Brazilian Senate in 2016 (Senate Bill 283/2016) and inspired…
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…
The Canadian government has proposed legislation to update and reinforce its national security review process under the Investment Canada Act (ICA). The proposed changes – contained in Bill C-34, National Security Review of Investments Modernization Act (Bill) – are the most significant since the ICA’s national security regime was introduced in 2009. Proposed New…
Introduction The blockchain industry is undergoing tremendous development and expansion, with new applications and technology constantly appearing. In Hong Kong, blockchain-based industries and activities, such as cryptocurrencies, are gaining popularity and attention. As these industries grow, they must be governed in a manner that fosters competition and protects consumers. Competition law in Hong Kong is…
2022 has been an eventful year for Norwegian competition law, with a landmark judgement from the EFTA court and significant defeats by the competition authority in merger cases amongst other things. Mainly Norwegian competition law mirrors the laws of the EU. However, some deviances in policy and arguably also in the interpretation and application of…
Looking back at 2022 Looking back, 2022 has been a turbulent year for competition law and policy in Korea. In terms of digital competition policy, the pendulum has swiftly swung away from regulation to competition enforcement. With the arrival of a new President and administration, the previous administration’s platform regulation bill lost momentum. Instead, the…
