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parliment flags

Decree No. 2019-339 of 18 April 2019 (the “Decree”), simplifying formalities for the notification of a prospective concentration operation, including mergers and acquisitions, to the French Competition Authority (“FCA”), was published in the French Official Journal on 20 April 2019 and came into force the following day. This Decree is in line with the FCA’s intention to modernise concentration control, as announced by the FCA at the end of 2017. The Decree amends the annexes to the French Commercial Code –Read More–

Summary On 4 June 2019, the Düsseldorf Higher Regional Court overturned a 2015 decision of the German national competition authority (the ‘Bundeskartellamt‘) to ban Booking.com from imposing ‘narrow’ price parity clauses in contracts with German hotels. Price parity clauses (also known as ‘most-favoured nation’ clauses) have been a topic of debate among competition regulators across Europe. A number of national competition authorities have concluded that ‘narrow’ price parity clauses are compatible with competition law, whereas ‘wide’ price parity is likely –Read More–

Following settlement negotiations with the parties concerned the Competition and Markets Authority (CMA) published on 31st May 2019  a non-confidential version of its decision in which it found six office fit-out firms had infringed the Chapter I prohibition of the Competition Act 1998 The decision disclosed that the parties concerned engaging in cover price bidding in response to invitations to tender thereby colluding on the prices they would bid for particular contracts. Over 14 contracts with a variety of customers –Read More–

Summary Digital markets mergers are a hot topic for global antitrust regulators. The UK’s Competition and Markets Authority (“CMA”) has published an expert report on whether the UK has struck the right balance between over and under regulation of such transactions. The CMA is confident that the overarching competition law framework can cope with mergers in digital markets. However, they are also seeking comments on proposals for incremental improvements in its merger assessment tools and guidance for digital markets deals. In –Read More–

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