Topic: Gun-jumping

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

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

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