parliment flags

On 24th July 2018 the EU Commission passed a decision to enforce the competition rules in yet another case involving the e-commerce sector. This time it fined a number of leading consumer electronics groups including Denon & Marantz and Pioneer, over 111 million euros for a range of resale pricing and other competition law infringements. The level of fines were substantially reduced due to the companies ‘ cooperation with the Commission . The Commission’s e-commerce sector inquiry, the results of –Read More–

Introduction and Summary An appeal has been launched against the UK competition regulator, the Competition and Markets Authority’s (CMA) first decision fining a party for gun jumping. On 20 July 2018, the Competition Appeal Tribunal (CAT) announced that Electro Rent Corporation (Electro Rent) had lodged an appeal against the  decision of the CMA to impose a penalty of £100,000 on Electro Rent for failure to comply with an interim  standstill obligation while its completed merger with Microlease was being investigated –Read More–

Hot on the heels of the announcement of a record antitrust fine imposed by the European antitrust regulator upon another US technology company , the European Commission announced on 19th July 2018 that it had sent a Supplementary Statement of Objections to Qualcomm. This is in connection with its predatory pricing investigation against the US technology company which is also the world’s largest supplier of smartphone chipsets This move by the Commission reinforces the Commission’s policy of taking on high –Read More–

On 12th July 2018 Competition and Markets Authority (CMA)  announced it was extending its timetable in relation to a number of its ongoing investigations involving anti-competitive practices in the pharmaceutical sector. The delay is likely to be due to the recent adverse ruling before the Competition Appeal Tribunal in the Pfizer/Flynn cases. The CAT ruled that the CMA had adopted the wrong legal test for ascertaining whether the abuse of excessive and/or unfair pricing under Article 102 TFEU or Chapter –Read More–

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