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Antitrust Violations Competition Authorities Wage-Fixing

WilmerHale

First-Ever Fine for No-Poach Agreement and Anti-Competitive Use of Minority Shareholding in a Competitor

WilmerHale on

Labor markets have increasingly drawn the attention of the European Commission (“Commission”) and national competition authorities in the EU. As early as 2021, then-Competition Commissioner Vestager listed “no-poach”...more

Mayer Brown

Employers Take Note: CMA Imposes First Ever Fines for Anti-competitive Employment Practices

Mayer Brown on

OVERVIEW - In a recent landmark decision, the UK Competition and Markets Authority ("CMA") imposed a fine on sports broadcasting companies for fixing wages paid to freelancers. It is the first time that the CMA has issued...more

Latham & Watkins LLP

No-Poach Prosecutions: A Growing Problem for Private Equity?

Latham & Watkins LLP on

Buyout firms and portfolio companies should take note of heightened scrutiny of HR and employment practices by antitrust enforcers, both in the US and in Europe. No-poach and wage-fixing agreements — arrangements between...more

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