The European Commission has published for public consultation its long-awaited draft Guidelines on exclusionary abuses (draft Guidelines). The draft Guidelines aim at making it faster and easier for the Commission to pursue...more
The EC has published the long-awaited revised Market Definition Notice (the "Notice"), marking the first update since its initial adoption in 1997. The Notice clarifies the methodology for defining product and geographic...more
The long-awaited European Court of Justice's judgment in Towercast confirmed that national competition authorities (and national courts) can apply abuse of dominance rules to mergers that did not trigger EU and national...more
On 9 December 2022, the European Commission published its draft DMA Implementing Regulation for consultation, together with the proposed Notification Form for "gatekeepers". The text deals with notifications, submissions and...more
The DMA has been published in the Official Journal of the European Union and will enter into force on 1 November 2022. The DMA aims to address concerns regarding "contestability" and "fairness" in the digital economy and...more
10/17/2022
/ Big Tech ,
Class Action ,
Competition ,
Digital Marketplace ,
Digital Markets Strategy ,
Digital Platforms ,
Enforcement ,
EU ,
European Commission ,
Merger Controls ,
Mergers ,
Treaty on the Functioning of the European Union (TFEU)
There have been a number of developments in merger control in 2020 and Q1 2021. Some are related to the repercussions of the COVID-19 pandemic, while others are borne out of the ambitions and changes sought by individual...more
Setting the scene
The long anticipated European Commission (DG COMP) report on "EU loan syndication and its impact on competition in credit markets" (see here) has finally been published. The study primarily focuses on the...more
4/15/2019
/ Anticompetitive Agreements ,
Banks ,
Borrowers ,
Competition ,
Contract Negotiations ,
Contract Terms ,
Duty of Care ,
EU ,
European Commission ,
France ,
Germany ,
Hedging ,
Impact Assessments ,
Information Reports ,
Infrastructure ,
Interest Rates ,
Lenders ,
Leveraged Buyout ,
Loans ,
Netherlands ,
Poland ,
Risk Management ,
Spain ,
Syndicated Loans ,
UK
On 14 March 2019, the UK Competition and Markets Authority (CMA) decided to close its investigation into a discount scheme by Merck Sharp & Dohme Limited (MSD). The CMA concluded that there were no grounds for it to take...more