Region: Europe

Portugal fines insurance company for gun-jumping

Portugal’s Competition Authority has issued its fourth-ever gun-jumping decision, fining an insurance company €300,000 for failing to notify its now-abandoned acquisition of a real estate investment fund.

24 August 2021

CMA recommends in-depth probe into Nvidia/Arm deal

Nvidia’s $40 billion purchase of Arm presents significant competition concerns and should be subject to an in-depth review, the UK’s competition enforcer has said.

20 August 2021

Illumina faces EU gun-jumping probe over Grail acquisition

The European Commission has opened a gun-jumping investigation into Illumina, two days after the biotechnology company completed its acquisition of Grail in the midst of the EU’s in-depth merger review.

20 August 2021

Spain doles out €61 million fines for rigging road service tenders

Spain’s competition authority has fined 12 infrastructure companies €61.2 million for rigging bids that handed them 63% of the nation’s overall road network budget.

20 August 2021

Illumina closes Grail deal without EU approval

Illumina has closed its €5.9 billion acquisition of Grail despite an ongoing EU Phase II probe, reiterating its claims that the European Commission has no jurisdiction to review the tie-up.

19 August 2021

A Q&A with the founder of ValueLicensing

ValueLicensing, a UK-based reseller of pre-owned Microsoft software, filed a standalone claim in the High Court of England and Wales in April seeking upwards of £270 million in damages from Microsoft. The latter responded last month by challenging ValueLicensing’s jurisdiction to bring its case and by filing a motion to strike out the claim, with the court scheduling a hearing for March 2022. Charley Connor spoke to Jonathan Horley, the start-up’s founder and managing director, about what drove him to file the claim and how he believes Microsoft has used anticompetitive contractual clauses and discounts to stop its business customers from reselling licences to use its desktop software.

19 August 2021

Dutch tribunal rejects intervenors in PostNL/Sandd appeal

A Netherlands tribunal has held that a merger appeal is not the right forum for two companies to air their complaints that an already completed postal deal has induced the merged company to violate competition rules.

19 August 2021

CAT certifies first UK competition class action

The UK’s Competition Appeal Tribunal has issued its highly-anticipated decision certifying the country’s first-ever antitrust class action, designating Walter Merricks as the representative to lead the multi-billion pound claim against Mastercard.

18 August 2021

Facebook/Giphy deal attracts more scrutiny in Europe

Austria’s Federal Competition Authority has opened a Phase II review into Facebook’s €340 million acquisition of Giphy, less than a week after the UK’s antitrust watchdog threatened to unwind the deal.

18 August 2021

Dutch authority drops RPM probe despite uptick in vertical enforcement

The Dutch competition authority has closed an investigation into alleged resale price maintenance in the home furnishings sector, in what appears to be the first case to be discontinued in line with the agency’s guidelines on assessing vertical agreements.

18 August 2021

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