Legal Professional Privilege and Antitrust

We are back from the break! This post covers a topic dear to lawyers and their clients: Legal Professional Privilege. In a ruling last month, the European Court of Justice clarified – some say expanded – the scope of Legal Professional Privilege, granting greater protection to the lawyer-client relationship. While the ruling did not relate … Continue reading Legal Professional Privilege and Antitrust

Liability for cartel infringements: How do concepts differ and why is decisive influence so important?

It goes without saying that liability is one of the crucial issues in competition law enforcement. From the perspective of antitrust regulators, it makes no sense to conduct longstanding investigations and to impose fines if undertakings may easily escape liability. Fines imposed by regulators are meant to deter the undertaking concerned as well as other … Continue reading Liability for cartel infringements: How do concepts differ and why is decisive influence so important?

Far from over: Gaming mega deal keeps regulators busy

At the beginning of the year, we blogged about the video-gaming industry and outlined some of the reasons why it might face more scrutiny from antitrust regulators in the future. The obvious trigger for our post was Microsoft’s announcement to acquire Activision Blizzard in a mega $69 billion deal. Although the antitrust proceedings worldwide seem … Continue reading Far from over: Gaming mega deal keeps regulators busy

Refineries and fuel wholesale: More reason for new regulatory powers?

The German Bundeskartellamt has published an interim report on its ongoing investigation into fuel refinery and wholesale. While the regulator has so far found no indications of illegal agreements on prices, it will continue to investigate whether market participants might have breached antitrust law. At the same time, the findings could fuel (no pun intended) … Continue reading Refineries and fuel wholesale: More reason for new regulatory powers?

Competition in times of economic turmoil?!

Only recently, we have blogged about cooperations in times of crisis (here). The string of bad news does not seem to end. So, one might ask the question whether it is (finally) time to relax antitrust rules and release companies from the firm grip of antitrust authorities (in which some companies claim to find themselves … Continue reading Competition in times of economic turmoil?!

Leaky towards the press, rigid towards China: German FDI review in movement

German foreign investment control has taken centre stage in the last two weeks: After the German government just about (partially) approved a limited Chinese investment in the Hamburg port, this week it has set out to prohibit two Chinese acquisitions in the semiconductor space. Not only the number of difficult reviews in a very short … Continue reading Leaky towards the press, rigid towards China: German FDI review in movement

Comeback of leniency: More than a first step?

The decreasing number of leniency applications seems to be one of the main concerns of antitrust regulators (and private litigation firms) these days. Many argue that leniency applicants are an easy target for civil damage claims and need to be better protected in order to increase the number of leniency applications. Whilst this debate is … Continue reading Comeback of leniency: More than a first step?

Joint ventures – an antitrust-free zone in the future?

One question discussed (not only) by antitrust practitioners from time to time is whether and to which extent Art. 101 TFEU applies in the relationship between a joint venture and its parent companies. The European Commission addresses the issue in the Draft Horizontal Guidelines (on which we have already blogged here and here). This post … Continue reading Joint ventures – an antitrust-free zone in the future?