News

More raids conducted in Greece

Greece’s Competition Commission has raided six companies in the household electrical appliances market as part of an investigation into anticompetitive vertical restraints.

09 September 2022

KPMG bolsters UK competition team with double promotion

KPMG has promoted two economists to serve as partners in its UK competition group.

09 September 2022

Finland proposes €43 million cartel fines after 10-year probe

Finland’s competition watchdog has asked the national Market Court to fine the country’s two largest plastic pipe manufacturers and three largest plastic pipe wholesalers a combined €43 million for operating a seven-year market-sharing cartel, marking the agency’s fourth-largest fining proposal.

09 September 2022

Mexico sanctions AT&T and Discovery for gun-jumping after jurisdictional spat

Mexico’s competition enforcer has fined AT&T and Warner Bros Discovery €2.6 million for failing to notify it of their separation of WarnerMedia's Mexican subsidiaries after the country’s telecoms regulator approved the underlying €42.8 billion tie-up last month.

09 September 2022

AG Pitruzzella eschews distinction between standalone and follow-on claims

National courts cannot ignore findings from competition enforcers when presiding over related private litigation, even if those decisions relate to matters arising before the EU Damages Directive existed, an EU advocate general has said.

09 September 2022

Tickets available for IAM and GCR Connect: The SEP Summit 2022

Leading policymakers and legal advisers will gather to discuss prominent SEP licensing and litigation challenges at IAM and GCR Connect: The SEP Summit later this month.

09 September 2022

Turkish enforcer resumes decision-making after new board members appointed

Turkey’s president Recep Tayyip Erdoğan has re-appointed three members to the country’s competition authority, bringing an end to a temporary halt in its enforcement operations due to a lack of quorum.

08 September 2022

Portugal issues record gun-jumping fine

The Portuguese Competition Authority has imposed its highest-ever sanction on a company for gun jumping, fining a major charity €2.5 million for failing to notify its acquisition of control over a national Red Cross hospital.

08 September 2022

Hong Kong revises leniency policy in bid to stimulate applications

Hong Kong’s antitrust watchdog has opened up the possibility of leniency for individuals who first report a cartel or provide “substantial assistance” in an ongoing case, even if a company has already secured leniency in the same matter.

08 September 2022

New foreign investment control chief appointed in UK

New UK business secretary Jacob Rees-Mogg is expected to adopt a more hawkish approach in overseeing a foreign investment control regime that has already blocked two deals in eight months, according to local practitioners.

08 September 2022

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