Topic: Coronavirus

CMA need not consider coronavirus in merger reviews, counsel claims

The UK’s competition enforcer was entitled to disregard the potential effects of the covid-19 pandemic when it blocked JD Sports’ purchase of Footasylum because it received “wholly unilluminating” evidence from the retailers, the authority’s counsel has argued.

24 September 2020

JD Sports/Footasylum block was unreasonable, UK court told

The UK competition authority’s decision to block JD Sports’ acquisition of Footasylum was irrational because it failed to consider the coronavirus pandemic and did not give enough weight to the power that Nike and Adidas hold over retailers, counsel to JD Sports has argued.

23 September 2020

Post-coronavirus airline competition is crucial, Sims says

Quickly identifying and remedying any potential damage to competition in the domestic airline industry is critical when the sector starts to rebound from the covid-19 pandemic, the head of Australia’s antitrust enforcer has said.

17 September 2020

Lloyds caught bundling loans and bank accounts during pandemic

The UK’s competition enforcer has censured Lloyds Banking Group for unlawfully making small business owners open business bank accounts to access a coronavirus-related government loan scheme.

08 September 2020

Germany set to recommence dawn raids

Germany’s Federal Cartel Office is ready to conduct dawn raids again after pausing inspections due to the coronavirus pandemic, the enforcer’s president has said.

08 September 2020

CMA closes final covid-19 excessive pricing case

The UK’s Competition and Markets Authority has dropped its fourth and final coronavirus-linked excessive pricing probe, after concluding that the prices charged by a pharmacy were unlikely to have breached competition rules.

04 September 2020

Germany clears slaughterhouse deal amid covid-19 outbreaks

Germany’s competition authority has approved a slaughterhouse operator’s takeover of an employee contracting service, in a deal which aims to avoid a new law banning migrant workers in the sector after outbreaks of coronavirus at several facilities.

27 August 2020

UK tribunal orders CMA to disclose further evidence in JD Sports appeal

A specialist UK tribunal has ordered the Competition and Markets Authority to hand over certain responses it received from Adidas and Nike about JD Sports’ proposed takeover of Footasylum, as the retailer challenges the enforcer’s decision to block the deal.

24 August 2020

GCR survey reveals doubts over covid-19 collaboration protection

Global Competition Review has published a study looking into the extent of competitor collaboration during the covid-19 pandemic, which suggests that lawyers are wary of enforcement in a post-coronavirus world.

18 August 2020

Germany investigates Amazon’s influence over pricing

Amazon is facing another antitrust probe in Germany after it banned sellers from its Marketplace platform for hiking prices of products related to the coronavirus pandemic.

17 August 2020

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