On August 19, 2016 the new Merger Regulation was adopted in Ukraine. This step is the next improvement after increasing notification thresholds aimed at improving merger control regime effectiveness in Ukraine. The key novelties of the new Merger Regulation include: introduction of requirements to applications within the simplified procedure adopted in May 2016; introduction of…
Paul K Gorecki[1] The Economic and Social Research Institute & Trinity College Dublin 19 October 2016 Introduction The Competition and Consumer Protection Commission (CCPC), formed as a result of the merger between Ireland’s competition and consumer protection agencies, has issued its inaugural Annual Report.[2] It covers 31 October 2014, when the CCPC was established, to…
In two recent landmark judgements, Swiss Courts have provided important clarifications on the protection of business secrets and access to files in cartel cases. Harmful internal business communication subject to publication In 2011, the Swiss Competition Commission (“ComCo”) imposed a fine on Nikon for suspected violations of Swiss competition law[1]. Nikon appealed the decision[2] and…
Resale price maintenance (RPM) occurs when a manufacture or distributor and a wholesaler prevents a retail or distributor from selling below a specified price Since the US Federal Courts decided Leegin in 2007[1] there has been vigorous debate about whether and in what circumstances RPM should and might be permissible. A proposed new law in…
Following an extensive inquiry into Australia’s competition laws, the Australian government has released its proposed overhaul of the law. The amendments expand the law’s two most significant existing prohibitions, now designed to enable the Australian regulator to take action for information sharing between competitors and to take action against the anticompetitive effects of conduct undertaken…
India’s competition authority (the CCI) imposed a record-breaking fine of US$750,000 (50 million rupees) on General Electric (GE) earlier this year for failing to notify its tie-up with Alstom S.A. within the deadline required by the country’s merger control rules. The CCI is increasingly active in enforcing its merger regime. Since GE’s case, the CCI…
The OECD describes a JV as a situation where participating firms agree by contract or otherwise to combine, other than by merger, significant productive (tangible or intangible) assets, and to do this by going beyond ad hoc co-operation1. A JV can be formed by incorporation or by contract. Thus under competition law, JVs include a…
On 7 April 2016, the CNMC (Spain’s National Authority for Markets and Competition) Council imposed fines totalling €6.12 million on six Spanish nougat (“turrón”) producers for agreeing to share the market of the main distributors of white label nougat in Spain between 2011 and 2013[1]CNMC Council Decision of 7 April 2016, Nougat producers, S/DC/0503/14. See…
In a much-anticipated series of judgments, running to some 579 pages, the EU’s General Court on 8 September 2016 upheld a 2013 decision of the European Commission that imposed fines of almost €150 million on the innovative pharmaceutical manufacturer, Lundbeck, and a number of generic manufacturers with whom Lundbeck had entered into agreements to settle…
On August 30, 2016, the Argentine Antitrust Commission (“CNDC”) has opened a public consultation process for its draft bill reforming its competition law. The main characteristics of the draft bill include: Institutional framework • The creation of an independent agency, the National Competition Authority (the “ANC”), as a decentralized and independent agency within the sphere…
