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Foreign Subsidiaries Antitrust Provisions

White & Case LLP

New subsidies control

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The EU's long-awaited Foreign Subsidies Regulation (FSR) will come into full effect by mid-2023. The FSR is expected to have a major impact on companies that have received financial contributions from non-EU countries and...more

Vinson & Elkins LLP

Congress Increases U.S. Merger Filing Fees, Adds Foreign Subsidy Disclosure Requirements, and Empowers State Attorneys General

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Hart-Scott-Rodino (“HSR”) Act (“HSR Act”) fees are changing, and the HSR process is also changing with the inclusion of new filing tiers, one less expensive tier, several much more expensive tiers, and new state-level and...more

Wilson Sonsini Goodrich & Rosati

Biden-Signed Omnibus Bill Includes Several Pieces of Legislation Affecting Antitrust

Congress’s year-end omnibus legislation that funds the federal government, which was signed by President Biden on December 29, 2022, included three pieces of legislation—the Merger Filing Fee Modernization Act, the State...more

Jenner & Block

Client Alert: Congress Increases Merger Filing Fees, Adds Subsidy Reporting Requirements, and Allows State AGs to Block MDL...

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President Biden signed the Merger Filing Fee Modernization Act of 2022, bringing notable changes to the merger filing process and state antitrust enforcement. The Act does the following: 1) Dramatically increases merger...more

Latham & Watkins LLP

European Commission’s White Paper on Foreign Subsidies: Closing a regulatory gap?

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The Commission opens a public consultation on a new tool to protect the EU from international competition. The European Commission (the Commission) is consulting the market on a proposal to add a new tool to the EU...more

White & Case LLP

EU flexes its muscles on foreign-subsidised acquisitions and market distortions

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On 17 June 2020, the European Commission published a White Paper seeking views on three powerful new tools to control the acquisitions and activities of foreign subsidised companies in the EU:1 (i) a general ex post control...more

Jones Day

EU's Highest Court Expands Cartel Damages Liability for Corporate Parents and Successors

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The Development: The European Court of Justice ("ECJ") ruled that parent companies and economic successors can be held liable for damages caused by a subsidiary or acquired company in cartel cases. This significantly broadens...more

Womble Bond Dickinson

Motorola and the Extraterritorial Application of US Antitrust Laws to Foreign Component Price Fixing Cartels

Womble Bond Dickinson on

Last month the Supreme Court declined to accept an appeal for two related antitrust cases involving an international price-fixing cartel. The cases come from different circuits, one was criminal and the other civil, but they...more

McDermott Will & Emery

Seventh Circuit Denies Rehearing in LCD Price-Fixing Suit by Motorola

McDermott Will & Emery on

On January 12, the Seventh Circuit Court of Appeals refused Motorola Mobility LLC’s petition for a rehearing en banc of its price-fixing claims against foreign manufacturers of liquid crystal display (LCD) panels. Motorola...more

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