Topic: Gun-jumping

Facebook accused of gun-jumping in Austria

Austria’s Federal Competition Authority has alleged that Facebook failed to notify its acquisition of Giphy under national merger control rules aimed at capturing deals in the digital economy.

29 March 2021

Norway drops gun-jumping fine against grocer

The Norwegian Competition Authority has revoked its decision to fine NorgesGruppen nearly €2 million for gun-jumping after reassessing whether the company’s takeover of a rival supermarket’s premises was actually notifiable.

19 March 2021

EU rejects Suez’s gun-jumping complaint against Veolia

The European Commission has cleared the way for Veolia to proceed with its planned €11.3 billion hostile takeover of Suez, after the latter failed to convince the agency that Veolia’s recent acquisition of a minority investment in the company breached EU merger control rules.

18 February 2021

Ireland consults on competition law changes

Ireland’s government has proposed a suite of new reforms that would empower the country’s antitrust enforcer to bring gun-jumping cases and unwind already-competed deals that fall below merger notification thresholds.

21 January 2021

Czech court restores gun-jumping fine

Czech Republic's highest administrative court has reinstated the national competition authority’s gun-jumping fine against fuel company Armex Oil after a lower court had reduced the sanction for being disproportionate.

16 October 2020

Poland issues record-breaking antitrust fine to Gazprom

Poland’s competition authority has fined Gazprom €6.48 billion for failing to notify a joint financing agreement to construct the Nord Stream 2 gas pipeline, while the other five companies involved in the project were fined a total of €52 million.

07 October 2020

Norway hits grocer with gun-jumping fine

The Norwegian Competition Authority has fined NorgesGruppen €1.9 million for failing to disclose its takeover of a rival supermarket’s premises, based on sector-specific rules that require certain companies to notify the enforcer about all acquisitions.

03 September 2020

Gazprom seeks disclosure in Polish Nord Stream 2 probe

Gazprom has challenged a decision by Poland’s competition watchdog to restrict its access to evidence in the enforcer’s Nord Stream 2 gun-jumping probe.

02 September 2020

Mexico doles out more gun-jumping fines

Mexico’s antitrust enforcer has fined Santander, Coty and two investment companies for gun-jumping as it continues an aggressive enforcement campaign against improperly notified deals.

12 August 2020

Poland issues €48.2 million obstruction fine against Gazprom

Poland’s Office of Competition and Consumer Protection has imposed its highest-ever fine on Gazprom for obstructing its Nord Stream 2 gun-jumping probe, but local competition lawyers expect the company to appeal.

03 August 2020

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