parliment flags

This week the UK Government enacted two new Orders which lower the UK merger control thresholds under the Enterprise Act 2002. The legislation extends the jurisdiction of the Competition and Markets Authority (CMA) and the Secretary of State to investigate mergers in certain sensitive sectors of the UK economy which may have national security implications. The new Orders will come into force on 11 June 2018. These Orders will extend the reach of the UK merger control system to deals –Read More–

On 24th April 2018 the European Commission announced that it had imposed a fine of  €124.5 million on Altice, the multinational cable and telecommunications company based in the Netherlands, for implementing its acquisition of the Portuguese telecommunications operator PT Portugal before notification or approval by the Commission (“gun jumping”). This is by far the largest fine imposed by the Commission on a company for gun jumping under the EU Merger Regulation. This case is of significance as it shows that –Read More–

On 26 April 2018, the European Commission (the “Commission“) published a long awaited draft regulation on promoting fairness and transparency in online platforms, introducing some new rules for the operators of platforms (including price comparison websites) which are designed to improve transparency and fairness (the “Regulation“). We take a look at why the Commission is concerned about online platforms and how these concerns are being addressed. Competition law and digital markets Online platforms have long been the focus of competition –Read More–

Summary The Court of Justice of the EU has confirmed that price discrimination by a dominant firm is not in itself illegal under competition law. However, it will infringe Article 102 TFEU if it is capable of distorting competition between the dominant firm’s upstream or downstream trading partners. The judgment provides useful guidance to firms with significant market power, their rivals and trading partners. It remains to be seen whether it will make EU competition authorities more inclined to pursue –Read More–

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