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European Commission Corporate Fines

Benesch

European Union Artificial Intelligence Act: An Overview

Benesch on

On March 13, 2024, the EU AI Act received its final assent from the EU Parliament with 523 votes in favor, 46 against and 49 abstentions, bringing it one step closer to adoption. Minor linguistic changes are still to be...more

Latham & Watkins LLP

Irish Data Protection Commission Orders Meta Ireland to Suspend Facebook Data Transfers to the US and Imposes Record GDPR Fine of...

Latham & Watkins LLP on

The final decision of the Irish Data Protection Commission (IDPC) in relation to the transfers of EU/EEA Facebook user data by Meta Platforms Ireland Limited (Meta Ireland) to its processor, Meta Platforms, Inc., in the US...more

BCLP

Cross-border sales restrictions - lessons from Meliá

BCLP on

On 21 February 2020, the European Commission (the “Commission”) announced it had fined Spanish hotel group Meliá almost €6.7 million for restrictive clauses in its contracts with tour operators. The decision highlights the...more

McDermott Will & Emery

EU Commission Issues Another Fine for Restrictions on Cross-Border Licensed Merchandise Sales

McDermott Will & Emery on

The European Commission has reiterated its position that if a business allows for the non-exclusive licensing of its products in the EEA, such licensor can no longer control where, to whom, and in what manner...more

McDermott Will & Emery

EU Competition Review 2019

McDermott’s Annual European Competition Review summarizes key developments in European competition rules. During the previous year, several new regulations, notices and guidelines were issued by the European Commission. There...more

BCLP

EU Commission Hits Qualcomm with Fine of EUR 242 million for Predatory Pricing

BCLP on

For a second time in 18 months the EU Commission has slapped a large antitrust fine on Qualcomm, the world’s largest chip manufacturer. On 18 July 2019, the European Commission announced that it has imposed a fine of EUR 242...more

Jones Day

Transaction "Designed" to Evade Merger Control Leads to U.S. and EU Penalties

Jones Day on

The Development: Antitrust authorities in the United States and European Union have assessed penalties and fines against Canon, and in the United States, Toshiba, for structuring a transaction to avoid premerger notification...more

BCLP

European Commission warns companies of increasing penalties for procedural infringements of EU Merger Regulation as it imposes €52...

BCLP on

On 8th April 2019 the European Commission(“the Commission”) fined General Electric (“GE”) €52 million for providing incorrect information during the Commission’s investigation of GE’s planned acquisition of LM Wind which was...more

Sheppard Mullin Richter & Hampton LLP

Big in Europe? What Multinationals Need to Know about Competing on the Continent

With its recent imposition of a record 4.3 billion EUR fine against Google for abuse of dominant position, the European Commission may have cemented its reputation for taking an aggressive enforcement stance against US tech...more

BCLP

Commission imposes upon Dutch Cable & Telco company Altice a record fine of €125 million for gun jumping under the EU Merger...

BCLP on

On 24th April 2018 the European Commission announced that it had imposed a fine of €124.5 million on Altice, the multinational cable and telecommunications company based in the Netherlands, for implementing its acquisition...more

McDermott Will & Emery

Recent Judgments Illustrate How the European Commission Can Correct Its Errors Post-Annulment

McDermott Will & Emery on

As a general proposition, when the validity of a European Commission antitrust decision is challenged before the General Court of the European Union (GCEU), the procedure is one of judicial review, not a retrial on the merits...more

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