ICAP’s successful appeal against the EU Commission’s €14.96 million fine for facilitating banks in influencing the LIBOR/TIBOR rates is hugely significant and signals a significant set back for the EU competition authority. The case was complicated and unusual from the
Antitrust and Competition Report
Analysis & insights from Reed Smith's Global Antitrust and Competition Team on the latest antitrust developments across the world
The Antitrust and Competition Report, published by Reed Smith LLP, focuses on legal developments and regulatory changes in antitrust, competition law, and merger control across multiple jurisdictions. It covers topics such as foreign subsidy control regimes, national security and investment notifications, competition enforcement reforms, and regulatory responses to emerging technologies like artificial intelligence. The blog also addresses consumer protection law reforms, merger filing rules, and the interplay between competition authorities and government policies. It provides insights into compliance strategies, enforcement trends, and practical implications for businesses engaged in cross-border transactions and market activities subject to competition law scrutiny.
Latest from Antitrust and Competition Report - Page 7
Our Paris EU, Competition and Regulatory team coaches clients on how to prepare and react to investigations from competition and regulatory authorities
By Natasha Tardif & Marc Lévy
On 19 June 2019, our Paris office organized a client seminar on the topic: “Insight into competition and regulatory authorities’ investigations in France”.
Our Paris competition partners Natasha Tardif and Marc Lévy spoke alongside in-house counsel Amandine Jacquemot, senior legal…
What does the Competition and Markets Authority’s decision to impose a 10-year ban on the Sainsbury’s/Asda merger suggest for the future of UK competition law?
The recently proposed Sainsbury’s/Asda merger would have combined the second- and third-largest UK supermarkets. The merger would also have created the largest retailer of fuel by volume in the UK. The UK Competition and Markets Authority (CMA) decided to step…
Merger control and minority investments
A commonly held view is that merger control filings are not relevant for minority investments.
On Friday, 5 July 2019, the UK Competition and Markets Authority (CMA) announced that it had issued an order to hold separate to Amazon.com Inc…
Changes in California could see significant impact on the price of prescription drugs
California Governor Gavin Newsom recently signed an Executive Order to allow state agencies to join together and negotiate the purchase of prescription drugs. This measure could significantly reduce the cost of drugs and therefore will most certainly impact pharmaceutical manufacturers,…
Foreign investment control extends in Germany
The German government’s decision to tighten regulation around foreign investment control in Germany means that acquisitions by foreign companies are facing much greater scrutiny. The government’s amendments to the Foreign Trade and Payments Ordinance (Außenwirtschaftsverordnung) means that the Federal Ministry…
German FCO limits Facebook’s scope for collecting and combining data
Facebook has a unique positioning in the digital market, which is based entirely on the collecting of user data. Currently, users have only one option: accepting the terms and conditions imposed by Facebook or being excluded from the social network…
Will President Trump’s new AG mean change for antitrust enforcement?
Antitrust enforcement may be becoming an increasingly politicized issue, however, most policies are fairly consistent from administration to administration and, consequently, from one Attorney General to the next. Replacing Attorney General Matthew Whitaker, William P. Barr was recently appointed by…
FTC announces adjustments to 2019 HSR thresholds
On February 15, 2019, the Federal Trade Commission (FTC) announced the annual threshold adjustments for premerger filings under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (15 U.S.C. § 18a) (HSR). The new thresholds have increased the dollar amount…
EU implements new regulation of trading practices; boosts transparency and fairness
By way of an EU regulation adopted by the Council and European Parliament, the European Commission, European Parliament, and Council of the European Union reached an agreement on February 14, 2019 to implement new rules designed to ensure a fair,…