Private equity in the spotlight – In the US and beyond?

Deal certainty and timing predictability are key issues in every transaction involving private equity investors. So, preparing apostilled versions of registry excerpts for merger control filings in jurisdictions where a-never-heard-of subsidiary of a portfolio company has negligible sales to two de-minimis-customers to get clearance in four months has understandably never evoked cheers by clients. However, … Continue reading Private equity in the spotlight – In the US and beyond?

Right to equal treatment in cartel cases…or not?

One or the other company that has been investigated in a cartel case may know the feeling: In more or less informal discussions with the authority, one is overcome by the impression of not being fully informed about the status of the investigation, while other affected companies could have received more information. Whilst this is … Continue reading Right to equal treatment in cartel cases…or not?

Novel or unresolved – The Commission’s draft informal guidance notice

A bit overshadowed by other big legislative processes (we know what we are talking about), the Commission has also been actively updating its notices currently not so much in the focus of the public eye. Having made some progress on the simplified procedure in merger control cases already, the Commission recently presented an updated draft … Continue reading Novel or unresolved – The Commission’s draft informal guidance notice

Tech, sports and…Greece – A week full of news

Big tech, sports, labour markets and authorities' rediscovered delight in unannounced inspections – the week has been full of news regarding antitrust’s most trending topics. As we blogged about most of them before (or wrote about them somewhere else), we could not decide which of them drew most of our attention. So, we opted to … Continue reading Tech, sports and…Greece – A week full of news

Take it or leave it: Referrals in the EU

There has been quite some talk lately about how the European Commission and national regulators will deal with their respective competences once the Digital Market Act has been set into force. In merger control, referrals in both directions are well established with some very crucial legal and political questions currently in the spotlight. An opportunity … Continue reading Take it or leave it: Referrals in the EU

Billion-dollar baby: Playing video games

January was quite a month for the video gaming industry with three blockbuster deals. Many commentators have tried to predict potential antitrust issues and highlighted the anticipated interest of antitrust regulators in these cases worldwide. In this post, we provide an overview of recent developments and the relevant markets. The new year started with a … Continue reading Billion-dollar baby: Playing video games

A new game to play? Current and upcoming antitrust issues in sports

We blogged about acquisitions of football clubs and the German 50+1 rule a while ago. But there are far more antitrust aspects clubs, associations and organisations should keep in mind. This post gives an overview of recent developments and outlines what it means to play fair and square in antitrust terms. Whilst cooperations between competitors, … Continue reading A new game to play? Current and upcoming antitrust issues in sports

Antitrust and the Political System – Part II: EU

Part II of our series – this time focusing on the decision-making process in the EU and within the European Commission. We kicked off this series with our post on Germany and on where the Bundeskartellamt sits in the political system. This time, we will deep dive into the European antitrust hierarchy and see if … Continue reading Antitrust and the Political System – Part II: EU

Newcastle, MBS & 50+1 – How does antitrust come into play?

With Newcastle United having been acquired by Saudi Arabia’s sovereign wealth fund and many commentators highlighting that something similar could not happen in Germany, we will check whether and how antitrust comes into play when it comes to the acquisition of football clubs. For many years, English football fans have been used to “grief and … Continue reading Newcastle, MBS & 50+1 – How does antitrust come into play?

Antitrust and the Political System – Part I: Germany

Part I of our series looking at who is responsible for making decisions within certain antitrust authorities and the extent to which there might be political oversight. The extent of (potential) political influence on the decision-making process and enforcement priorities of antitrust authorities is closely linked to structural questions. First and foremost, it is decisive … Continue reading Antitrust and the Political System – Part I: Germany