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Update: Italian Parliament approves the new National Merger Filing Thresholds

On 2 August 2017, the Italian Parliament has adopted the Italian Competition Law, following a complex and long legislative procedure. As already reported, an intense debate surrounded the discussion and the approval of the...more

Italian Small and Medium-Sized Enterprises to Tap Into Equity Crowdfunding

On June 15, 2017, the Italian Senate approved the conversion into law of Law Decree No. 50, dated April 24, 2017, whereby small and medium-sized enterprises (“SMEs”) are given recourse to equity crowdfunding that was...more

6/30/2017  /  Crowdfunding , Italy , SMEs , Startups

The Italian Council of State Provides Welcome Clarifications Regarding the Standard of Proof That the Italian Competition...

The Italian Council of State (“CdS”) has recently annulled a EUR 29 million fine imposed by the Italian Competition Authority (Autorità Garante della Concorrenza e del Mercato, “AGCM”) in 2015 on two insurance companies for...more

OECD: Italy Should Approve its Proposed Competition Legislation ‘Swiftly’, Including the Reform of the National Merger Filing...

On 15 February 2017, the Organization for Economic Cooperation and Development (“OECD”) published its economic survey of Italy. Among other things, the 156 page report recommends that Italy passes its proposed competition...more

2/23/2017  /  Competition , Italy , Mergers , OECD

Italy Implements EU Directive on Damages for Breaches of Competition Law

On 14 January 2017, following the approval by the competent parliamentary committees, the Italian Government has definitively adopted Legislative Decree n. 3 of 2017 (“Decree”) implementing in Italy Directive 2014/104/EU on...more

Italy to Implement EU Directive on Damages for Breaches of Competition Law

On 27 October 2016, the Italian Government adopted a draft decree (“Draft Decree”) implementing Directive 2014/104/EU on antitrust damages actions (“Directive”), which aimed at making easier for victims of antitrust...more

Italian TV Services Case Brings Welcome Clarity on the Legality of Information Exchanges among Competitors

The Italian Administrative Tribunal of Lazio Region (the “TAR”) recently overturned the fines imposed by the Italian Competition Authority (“ICA”) against a number of post-production TV companies and a trade association for...more

Italy May Review its Merger Filing Threshold

Consistent with its annual review of the merger filing thresholds, in March this year the Italian Competition Authority (the “AGCM”) updated the turnover thresholds above which transactions must be notified to the AGCM prior...more

The Italian Supreme Court of Cassation Eases the Evidential Burden on Private Claimants to Bring Actions for Antitrust Damages in...

The Italian Supreme Court of Cassation (the “Court”) has recently issued a landmark judgment that significantly reduces the burden of proof on claimants to bring stand-alone actions for antitrust damages, i.e., independent...more

The Italian Anti–Corruption Reform - Recent News

After a lengthy approval process, on October 31, 2012, the Italian Chamber of Deputies passed a long awaited anti-corruption bill (“Anti-Corruption Law”), aimed at improving transparency in the country’s public sector. The...more

11/19/2012
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