Raimundo Ortega is a partner at Jones Day, based in Madrid. He focuses his practice on competition law, especially in the energy, telecom, and food sectors. He also has extensive experience in regulatory matters in both sectors. Raimundo advises clients such as Acciona, Bayer, Caja Madrid, Cooperativas, EDF, France Telecom, ING, Lafarge, Renault, Repsol, and Total before national and EC institutions on competition and regulatory matters. Currently, Raimundo is advising Centrica Energia on electricity regulatory, competition, and EC law issues involved in the tariff deficit before the Supreme Court. He represented SES Astra, obtaining the partial annulment by the Supreme Court of cable regulation on the grounds of telecom regulatory and EC law issues. Raimundo also successfully represented Spanish petrol stations before the EC and ECJ in a state aid case. He recently obtained, for the benefit of several food companies he represented, the closing of a four-year price-fixing cartel investigation by the Spanish Competition Authorities. Raimundo teaches energy law at Instituto de Empresa, competition law at ISDE, and competition law in the energy sector at Carlos III University, Madrid, where he has been a visiting professor of competition law for more than 10 years.
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In Short The Situation: On July 13, 2023, the European Court of Justice ("ECJ") issued a judgment (Case C-106/22 - Xella) clarifying the conditions under which EU Member States may screen and block foreign direct investments. The Background: Over the past few years, EU Member States have (...)
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In Short The Development: The Spanish government adopted a new foreign direct investment ("FDI") implementing regulation ("Regulation") that clarifies key concepts of the existing law, such as investment, investors, and sectors caught by the FDI screening regime. It establishes review (...)
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In Short The Development: The new Belgian foreign direct investment screening law ("FDI Regime") imposes preclosing filing requirements on non-EU investments into various industry sectors in Belgium, including energy, electronic communication, tech, and defense. The Background: Belgium (...)
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In Short The Background: Luxembourg has introduced a new foreign direct investment regime with a suspensory mandatory notification requirement in relation to investments in a broad range of sectors. The Result: Investors from outside the European Economic Area ("EEA") will be required to (...)
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In Short The Development: On 1 June 2023, the Security Screening of Investment, Mergers and Acquisitions Act (Wet Veiligheidstoets investeringen, fusies en overnames) ("the FDI Act") entered into force, introducing a mandatory notification requirement relating to investments in target (...)
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In Short The Development: The European Commission ("EC") has published highly anticipated draft guidelines ("Draft Guidelines") detailing a new antitrust exemption for agreements in the agriculture and food supply chain that target certain European Union ("EU") sustainability objectives. (...)
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In Short Background: European Parliament and Council Directive (EU) 2019/1 ("ECN+") required EU Member States to adopt, by February 4, 2021, minimum standards related to national competition authority ("NCA") antitrust enforcement. ECN+ aims to promote cooperation among NCAs and the (...)
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On March 5, 2011, the Spanish Parliament amended the Spanish Competition Act 15/2007, affecting merger filing requirements and the changing the interaction between the National Competition Commission (NCC) and the national regulatory authorities (NRAs), which govern businesses in energy, (...)
