Topic: Gun-jumping

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

Mexico fines energy companies for gun jumping

Mexico’s antitrust watchdog has fined four energy companies – including BAS Projects Corporation – for notifying an acquisition nearly a year after it was completed.

23 July 2020

Slovenian court slashes gun-jumping fine by over €50 million

A Slovenian court has ruled that insolvent retail company Agrokor did not intend to infringe merger control rules when it failed to notify a 2016 acquisition and reduced the competition authority’s penalty to €1 million.

26 June 2020

Zimbabwe issues highest-ever gun-jumping fine

Zimbabwe’s competition enforcer has reportedly fined Innscor Africa a record €98,800 for gun-jumping, and ordered the consumer goods manufacturer to divest stakes in two animal feed businesses that it acquired without permission.

10 June 2020

Gazprom faces potential €50 million obstruction fine

Poland’s competition authority has threatened to fine Gazprom for failing to cooperate during a controversial gun-jumping probe related to an unnotified finance agreement for the Nord Stream 2 gas pipeline project.

03 June 2020

Norway issues gun-jumping fine

The Norwegian Competition Authority has fined an energy company €1.3 million for failing to notify its lease of a petrol station, although its lawyers said the company was unaware that the agreement was caught by the country’s merger regime.

12 May 2020

Mexico hits SoftBank/WeWork with gun-jumping penalty

Mexico’s antitrust enforcer has fined SoftBank and WeWork for failing to notify their deal but cleared the acquisition as it poses no risk to competition.

29 April 2020

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