Topic: Gun-jumping

EU fines Canon €28 million for gun jumping

Camera maker Canon will appeal against the European Commission’s fine for starting the acquisition of Toshiba Medical Systems (TMSC) before notifying the agency.

27 June 2019

Ireland’s first gun-jumping prosecution ends in second charitable donation

Ireland’s antitrust enforcer has secured a second guilty plea in its first criminal prosecution for gun-jumping.

14 May 2019

Ireland’s first gun-jumping prosecution ends in charitable donation

The first gun-jumping case referred by Ireland’s Competition and Consumer Protection Commission for prosecution has resulted in a guilty plea and €2,000 donation to a local charity.

10 April 2019

South Africa issues gun-jumping guidelines

The Competition Commission of South Africa has introduced new guidance that states it will calculate fines for failure to notify a deal based on merger filing fees, and will no longer use a turnover-based methodology.

03 April 2019

China steps up gun-jumping enforcement

China’s antitrust watchdog has fined three companies €105,628 for failing to notify three separate transactions.

13 March 2019

Report shows Kenyan enforcer is “flexing its muscles”

The Competition Authority of Kenya has released its annual report, revealing details of several previously unpublished probes and a gun-jumping fine.

19 February 2019

Australian court hands out gun-jumping fine

An Australian biotechnology company must pay a A$1.05 million (€660,387) penalty for signing an agreement to direct its customers to the company that was purchasing some of its assets before the deal actually completed, the country’s Federal Court has held.

13 February 2019

Broadcaster deal required notification, South African enforcer says

South Africa’s specialist antitrust tribunal should reprimand the country’s public broadcaster and pay-TV provider MultiChoice for failing to notify an agreement that restricted the encryption of free to air channels, the country’s competition enforcer has said.

12 November 2018

Gun-jumping was reasonable, counsel to Electro Rent argues

The decision to fine Electro Rent, for terminating a lease while the UK competition enforcer was still assessing possible remedies on its proposed acquisition of a competitor, is “an abject failure of reasoning”, counsel to Electro Rent has argued.

24 October 2018

Court upholds Chile’s first gun-jumping fine

Chile’s specialist competition tribunal has signed off on a settlement that resolves allegations of gun-jumping against meatpacking companies Minerva and JBS.

02 August 2018

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