In February 2022, Canada’s Minister of Innovation, Science and Economic Development announced that the Canadian government was evaluating ways to improve the operation of Canada’s Competition Act (Act). The Minister said that changes would be made in multiple stages, with some initial amendments to be proposed in the following months that would have “an immediate…
One of the purposes of the South African Competition Act is stated in the Act to be to “promote a greater spread of ownership, in particular, to increase the ownership stakes of historically disadvantaged persons”. The term “historically disadvantaged persons” (“HDPs”) is effectively defined in the Act as non-white South Africans and firms which are…
On 20 April 2022, following a lengthy consultation, the UK government announced final plans to strengthen its merger and antitrust regime. Designed to address a concern that competition in the UK may have weakened over the past 20 years, the plans are wide-ranging. They include proposals to expand the powers of the UK Competition and…
The Ankara Regional Administrative Court 8th Administrative Chamber (“Regional Court“)[1] recently ruled for the stay of execution of the Turkish Competition Authority’s (“TCA“) cartel decision[2] which has imposed on two undertakings active in the chemicals market an administrative monetary fine for violation of the Article 4 of the Law No. 4054 on the Protection of…
2021 brought many interesting competition law developments around the world. We are happy to report that our second edition of the series on main developments in competition law and policy involved even more country reports. Check them out: Argentina Australia Austria Belgium Canada China Denmark European Union Georgia Germany Greece Italy Korea The Netherlands Poland…
Recent posts on this blog (here) have already highlighted the role that the adoption of Directive 2014/104/EU (Damages Directive or Directive) and the European Commission’s (EC) decision in case AT.39824 – Trucks, amongst other events, have played as turning points in private enforcement of competition law in the EU. The Directive has led not only…
The European Commission’s horizontal guidelines are an invaluable tool for practitioners in antitrust compliance work. The team at Unit A1 in DG COMP have done a great job at further developing the guidelines in the new draft that was published for stakeholder comments on 1 March 2022. Today, the EU & Competition team at Szecskay…
On 22 March 2022, the Court of Justice of the European Union (CJEU) issued judgments in Cases C-117/20 bpost (bpost) and C-151/20 Nordzucker and Others (Nordzucker). The judgments clarify the scope of protection afforded by the principle of ne bis in idem where EU competition law operates to regulate the same or similar conduct as…
In the coming years, data collected by vehicles will be subject to a new EU regulatory regime consisting of horizontal rules applicable across many industries and vertical rules designed specifically for the automotive sector. In February 2022, the EU Commission adopted a proposal for a new Data Act, which is currently working its way through…
On 24 February 2022, Russia invaded the territory of Ukraine and triggered the largest European war since 1945. The war has led to unprecedented loss of human lives and the biggest refugee crisis since World Word II, according to the UNHCR. At this stage, the economic impact of the war is difficult to predict. Some…
