Jurisdiction

Digital, Digital competition, Digital economy, Digital markets, Digital Markets Act, Japan, Regulation, Remedies

(University Villanueva, Spain) and (Kyoto University)/ /Leave a comment

Japan is now the fourth region in the World to have adopted complementary rules to its competition law regime to capture the power of Big Tech. Following Germany’s, the UK’s and the European Union’s steps, Japan in June the Act on Promotion of Competition for Specified Smartphone Software (for short, the Smartphone Software Competition Promotion…

Canada, Legislation, Mergers

, (Davies Ward Phillips & Vineberg LLP, Canada)/ /Leave a comment

On June 20, 2024, the Canadian Parliament passed important changes to Canada’s Competition Act (Act) with the enactment of Bill C-59, the Fall Economic Statement Implementation Act, 2023 (Bill C-59). The amendments to the Act contained in Bill C-59 mark the third (stage in the Canadian government’s extensive overhaul of Canadian competition law, which began…

Portugal, Sustainability

, (Morais Leitão)/ /Leave a comment

Both Member States and the European Union (‘EU’) have pledged their commitment to the United Nations 2030 Agenda for Sustainable Development (‘Agenda’) and its 17 Sustainable Development Goals (‘SDGs’). The Agenda represents a comprehensive common framework for sustainable development. The objective is to achieve a better and more sustainable future for all by eradicating poverty,…

Egypt, Legislation, Mergers

(Max Planck Foundation for International Peace and the Rule of Law)/ /1 Comment

On 4th of April 2024, Egypt’s Prime Minister issued a decree by which the Executive Regulations of Competition Law No. (3) of 2005 was amended to put in detail the changes that had been made to the said Law introducing Egypt’s first pre-merger control regime. This blog post sheds light on the role of the…

Canada, Merger control, Minority shareholding

, (Davies Ward Phillips & Vineberg LLP, Canada)/ /Leave a comment

Introduction On April 23, 2024, the Canadian Competition Bureau (Bureau) issued its report (Report) on the proposed acquisition of Viterra Limited (Viterra) by Bunge Limited (Bunge), concluding that the transaction (Proposed Transaction) is likely to result in substantial anticompetitive effects in certain agricultural markets in Canada. Bunge and Viterra are both multinational agribusiness companies. In…

Competition policy, Denmark, Fines, Legislation, Mergers

(University of Copenhagen) and (Bech-Bruun)/ /Leave a comment

In May 2024, the Danish Parliament adopted a major overhaul of the Danish Competition Act, including introducing higher fines, a new competition tool, and a merger call-in option, effective from 1 July 2024. In particular, the call-in option will have drastic consequences, and in the future all mergers involving Danish activities could potentially become notifiable….

Brazil, Competition policy, Digital markets

(Global Antitrust Institute)/ /Leave a comment

May 2nd, 2024 was the last day to submit comments to the Public Consultation (Economic and Competitive Aspects of Digital Platforms) held by the Brazilian Ministry of Finance. The Consultation, which was released on January 19, 2024 and had one deadline extension, was designed and organized by the Secretary for Economics Reforms – one of…

Competition Law 2023, United Kingdom

, (Pinsent Masons LLP)/ /Leave a comment

Continuing with the trend from previous years, important competition law and policy developments emerged in the UK during 2023. Amongst other things, highly anticipated proposals for major legislative reform were finally introduced in the UK Parliament, the UK’s competition and sector authorities continued to handle a substantial enforcement caseload, whilst the UK government continued to…

ECN, Fines, Guidelines, Poland

, (KRK Kieszkowska, Rutkowska, Kolasiński law firm)/ /Leave a comment

Introduction In April 2024, the President of the Office of Competition and Consumers Protection (the “PCA”) introduced new guidelines for setting fines in antitrust cases (the “Guidelines”). The Guidelines are the only document of this type issued by the PCA. Other fields of actions of the PCA, e.g. violations of consumer law, do not have…

Brazil, Guidelines, Merger control

(Universidade de São Paulo)/ /Leave a comment

The Brazilian Competition Authority – CADE – has just recently published its Guidelines for Non-Horizontal Merger Reviews, which consolidate and formalize the competition authority’s best practices in reviewing vertical and conglomerate mergers (the “V+ Guidelines”). The V+ Guidelines complement CADE’s 2016 Horizontal Mergers Guidelines and other relevant documents that have been published by the Brazilian…