When asked about current trends and industries in the focus of antitrust regulators worldwide, no expert’s shortlist is complete these days without a reference to the pharma industry. The Commission and other EU regulators apparently share that view and recently published a report on what has happened in this sector in the previous years. The … Continue reading All eyes on pharma – also in the years to come?
The Foreign Subsidies Regulation in practice
The European Commission's "FSR brief" highlights the initial 100 days of the Foreign Subsidies Regulation's implementation. Key points include engagement with 53 parties, the application of merger control, and practical guidance for notifications. The brief also offers specific advice for investment funds and mentions the first in-depth investigation involving a Chinese rail company and a Bulgarian government contract.
Private Cartel Damage Claims – Step-by-Step
To companies either being sued as cartelists or claiming compensation as allegedly injured parties, private cartel damage claims are of major economic relevance. While certain steps and processes on the way to claiming damages are prominently on companies’ radars, various other aspects are less known – even though they are just as important. Here is … Continue reading Private Cartel Damage Claims – Step-by-Step
Not everything should go public
Co-authored by Marcel Döhren The public perception of what constitutes an antitrust infringement has evolved over the past decades. The notion of antitrust violations happening as meetings of CEOs agreeing to raise prices over cigars in the back room of a nice Italian restaurant or on the golf course has long been outdated (but not … Continue reading Not everything should go public
USD 1.2 billion – What tech deal failures have cost acquirers in recent months
Several high-profile tech deals, including Amazon's acquisition of iRobot, were thwarted by merger control scrutiny, resulting in hefty break fees totaling approximately USD 1.2 billion. Break fees, also known as reverse break fees or termination fees, are imposed on acquirers who fail to close pre-agreed acquisitions. The cases underscore the significant costs and complexities of M&A transactions, emphasizing the need for careful assessment of break fees during negotiations.
Digital Cluster Bonn: Germany´s authorities team up
Six German authorities join forces to tackle the challenges of the digitalization era. Kickoff was last week, when the authorities signed a Memorandum of Understanding to initiate the “Digital Cluster Bonn”. Who is in? The reason the new initiative came to my – and probably other antitrust nerd´s – attention is the membership of the … Continue reading Digital Cluster Bonn: Germany´s authorities team up
Access to file: Don’t wait until the end
Access to file is undisputedly one of the essential rights of defense in any cartel investigation. Yet, the when and the extent to which access is granted is often controversially disputed between regulators and alleged cartelists. A recent judgment by a German court strengthens the rights of companies and criticises the established practice by the … Continue reading Access to file: Don’t wait until the end
How antitrust saves Christmas
Last year, I reported about some real cases on the interface between Christmas and antitrust (you can find the blog here). Of course, I am neither the Mariah Carey Wham! of Christmas carols nor the Charles Dickens of Christmas stories, but nevertheless, this year I wanted to try my hand at a fictional Christmas screenplay … Continue reading How antitrust saves Christmas
Access to essential facilities – broader than one might think
The notion of what kind of facilities are essential under antitrust law has expanded lately – evidenced by a recent judgement. Time to look at the essential facilities doctrine and what it means today.
Annual workshop of the Studienvereinigung Kartellrecht
The annual workshop of the Studienvereinigung Kartellrecht is a long-standing tradition, bringing together German-speaking antitrust practitioners in Bonn every December. This event not only provides an excellent opportunity to reconnect with colleagues and friends but, more importantly, serves as a platform to reflect on the year's developments and discuss emerging trends in antitrust law. While … Continue reading Annual workshop of the Studienvereinigung Kartellrecht