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parliment flags

Given London’s status as a financial centre, England is a sensible venue to explore when considering where to enforce a court decision. The procedure for enforcing the judgment of a foreign court is to bring a separate claim in the English courts. The English courts will treat the foreign judgment as creating a debt between the parties rather than requiring the matter to be re-litigated on the merits. If the defendant is domiciled outside England & Wales it will be necessary to apply to –Read More–

On 11 August 2014, the European Commission published details of a challenge made against the Commission in the high voltage power cables cartel case. The cartel case relates to the €302 million fine levied against 11 producers of high voltage power cables for operating a market sharing cartel. Specifically, Pirelli, a parent company at the time of Prysmian, was levied with a fine €104,613,000 under joint and several liability with Prysmian. As Pirelli was considered by the Commission to be –Read More–

In November 2005, the Commission held that 16 companies had participated in an illegal cartel in the plastic industrial bags market (Case COMP/38354, OJ 2007 L282/41). The infringement mainly concerned the fixing of prices and the establishment of common price calculation models, the sharing of markets, the allocation of sales quotas, the assignment of customers, deals and orders and lastly, the exchange of individualised information in Belgium, Germany, Spain, France, Luxembourg and the Netherlands. In total, the fines imposed against –Read More–

BeIN Sports France won a crucial victory against Canal + in the battle over lucrative sports broadcasting rights. The Commercial Court of Nanterre decided that the Qatari sports channel (BeIN Sport France is a subsidiary of the Qatari Al Jazeera Network) did not engage in unfair competition against the French Vivendi group subsidiary, Canal +. Not even one year after BeIN Sports’ entry on the French pay TV market in the summer of 2012, Canal +, sued BeIN Sport for allegedly recommending distribution –Read More–

The Irish Competition and Consumer Protection Act (“the Act”) was passed on the 28th July 2014 and will make major changes to the Irish competition law regime. All businesses involved with mergers and acquisitions in Ireland would do well to familiarise themselves with the Act and prepare for its changes. The Act is due to enter force in Autumn 2014. The Act includes the following reforms and changes:- Institutional Reform. The Act establishes a new Competition and Consumer Protection Commission (CCPC) –Read More–

Along with the recent wave of EU Ukraine-related and Russian restrictions described in our August 1, 2014 Bulletin, the EU has amended its earlier regulation restricting imports into the EU of goods originating in Crimea and Sevastopol to add restrictions on certain investments and exports to those areas. The earlier Council Regulation 692/2014 (June 24, 2014) prohibited the import into the EU of goods originating in Crimea or Sevastopol…. To read the full bulletin prepared by Anita Esslinger, please follow –Read More–

On 10 July 2014, the EU Court of Justice (CJEU) sent sighs of relief through the EU Commission when it upheld in its entirety the Commission’s 2007 fine against Telefonica for a margin squeeze in the Spanish broadband market. The decision puts an end to a long fight by Telefonica, disputing the €151 million fine levelled against it. The ruling is important because the CJEU has affirmed the principle from the Deutsche Telekom case of 2010 that a company can –Read More–