Region: European Union

New competition tool will be “more targeted” than CMA powers, Vestager says

The European Commission’s new competition tool will be less powerful than the UK antitrust enforcer’s market investigations regime, EU competition commissioner Margrethe Vestager has said.

07 December 2020

EU seeks collaboration with Biden administration on digital markets

The European Commission is calling on President-elect Joe Biden’s incoming administration to revamp transatlantic dialogue to strengthen antitrust enforcement in digital markets.

03 December 2020

Goodwin, Quinn Emanuel and Wachtell advise on Salesforce/Slack deal

Goodwin Procter and Quinn Emanuel Urquhart & Sullivan are advising Slack on antitrust issues related to its $27.7 billion sale to Salesforce.com, while the cloud-based software company has turned to Wachtell Lipton Rosen & Katz for competition counsel.

03 December 2020

FDI screening mechanism will lead to “bedlam”, EU lawyers say

Practitioners have warned that the European Commission’s new screening mechanism for foreign direct investment is likely to become “log jammed” as the authority balances it with merger control and potential foreign subsidy reviews.

02 December 2020

Forex claimants secure convicted ex-trader as expert

Courts in London and New York have allowed claimants seeking antitrust damages from banks accused of rigging foreign exchange rates to use former Barclays trader-turned-whistleblower Jason Katz as a consultant.

02 December 2020

Amnesty International: Google’s data dominance poses human rights risks

Amnesty International has urged the European Commission to examine alleged human rights risks associated with Google’s $2.1 billion acquisition of Fitbit, but experts warn that such an assessment is outside the enforcer’s competition law remit.

30 November 2020

German court refers Nokia/Daimler patent dispute to ECJ

A German court has referred multiple questions on the application of EU abuse of dominance rules in Nokia’s high-profile patent dispute with Daimler to the European Court of Justice.

27 November 2020

EU issues pay-for-delay fines after nine-year probe

The European Commission has fined Cephalon and Teva a total of €60.5 million for entering into pay-for-delay agreements for a sleep disorder drug, although the enforcer said it no longer believes these types of agreements are a “big issue” in terms of their prevalence.

26 November 2020

General Court reduces first EU antitrust fine for removing public infrastructure

The EU General Court has confirmed that Lithuanian Railways abused its dominance by unnecessarily removing a section of track from its network, but counsel to the company said the decision is an “unjustified departure” from established essential facility doctrine.

18 November 2020

Brattle Group snaps up boutique consultancy

The four-economist team at competition boutique Hexagon Economics has joined Brattle Group in Brussels.

17 November 2020

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