Brexit, China, Competition policy, European Commission, European Union, Foreign direct investment, Foreign investment, Foreign subsidies, Foreign Subsidy Regulation, Merger control, Private investment, Property investment, Public procurement, Regulation, Remedies, State owned enterprise (SOE), Subsidies, Switzerland, Tax, Taxation, Tender, Trade Law, United Arab Emirates, United Kingdom, United States of America

(University of Vienna, Austria)/ /Leave a comment

On 12 January 2023, the new EU Foreign Subsidies Regulation (FSR) entered into force. The majority of the FSR will start to apply on 12 July 2023. The FSR constitutes a new investigatory review tool for the European Commission. It will focus on economic behaviour on the internal market by companies who received foreign subsidies…

Digital competition, Digital economy, Digital markets, Digital Markets Act, Procedures

(University Villanueva, Spain)/ /Leave a comment

The European Commission has begun the process of creating implementing provisions to ensure the effective enforcement of the Digital Markets Act (DMA). Implementing provisions plague the DMA’s functioning, but the EC has started to fulfil the first of its tasks: to lay down the form, content and other details of notification and submissions pursuant to…

Anticompetitive agreements, Information exchange, Türkiye, United Kingdom

, , (ACTECON)/ /Leave a comment

Introduction The Competition and Markets Authority (“CMA”) of the UK has fined Germany-based Bayerische Motoren Werke Aktiengesellschaft (“BMW AG”), the ultimate parent company of the BMW Group, for failure to comply fully with a written information request without reasonable excuse through its decision of 6 December 2022 (“CMA Decision”). The fine includes a fixed amount…

World Competition Law and Economics Review

(Bird and Bird, Belgium)/ /Leave a comment

We are happy to inform you that the latest issue of the journal is now available and includes the following contributions:   Kelvin Hiu Fai Kwok, Abuse of Dominance in the Hong Kong Television Sector This article critically evaluates legal developments in relation to the regulation of abuse of dominance in the Hong Kong television…

Bosnia and Herzegovina, Competition Law 2022, Montenegro, North Macedonia, Serbia

(Doklestic Repic & Gajin)/ /Leave a comment

This post will present the main competition law developments in 2022 in four Western Balkan jurisdictions – Serbia, Montenegro, Bosnia and Herzegovina, and North Macedonia. Despite peculiarities in the competition policy of each of the four jurisdictions and their respective national competition authority (NCA), they deserve to be addressed together due to their common background…

Anticompetitive agreements, Information exchange, National competition authorities (NCAs), Norway

, , (Advokatfirmaet Haavind AS)/ /Leave a comment

Exchanging information with competitors can be a minefield. On 29 November 2022, the Norwegian Competition Authority (NCA) fined Norway’s four largest book publishers and a database provider a total of NOK 545 million (approximately EUR 52 million) in a unique hub-and-spoke information exchange case. This is only one of several information exchange cases being pursued…

Brazil, Competition Law 2022

, (Federal University of Paraná)/ /Leave a comment

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…

Facebook, Merger control, Merger Thresholds, Platforms, United Kingdom

, (Northeastern University)/ /1 Comment

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…

European Commission, European Union, Foreign direct investment, Foreign investment, Foreign subsidies

, (Pérez-Llorca, Spain)/ /Leave a comment

“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…

Competition Law 2022, Competition policy, Competition proceedings

(Elbert, Nazaretsky, Rakov & Co)/ /Leave a comment

A year of establishing crucial goals and flourishing development The previous year was flourishing and fruitful for the development of competition law in Kazakhstan. According to the annual report of the Agency for the Protection and Development of Competition of the Republic of Kazakhstan (the “Agency”) on the state of competition and measures to limit…