Sebastian Faust is a counsel in the antitrust, competition and economic regulation practice of Hogan Lovells’ Düsseldorf office and focuses on antitrust and competition law. He advises national and international clients in different industries like automotive, consumer goods, real estate and the financial and banking sector. As part of his advisory services, Sebastian Faust represents his clients before the competition authorities and over the years has paved the way for numerous mergers and cartel proceedings pending before the German Federal Cartel Office or the European Commission. He works closely with colleagues in the international Hogan Lovells offices and, if necessary, defends his clients’ interests in contentious cases at court. Sebastian Faust also regularly advises on internal investigations and antitrust audits in various industries and in the area of foreign trade law. Before joining Hogan Lovells as an attorney in 2013, Sebastian Faust was a research assistant. After his first state examination, he gained his first experience in antitrust law at another leading law firm in Dusseldorf for one year. During his legal clerkship, he completed stations at the Federal Network Agency in gas network regulation and the public prosecutor’s office in Cologne in the area of white-collar crime. Sebastian Faust studied at the University of Cologne and is a member of the Studienvereinigung Kartellrecht e.V.
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After feverishly frequent updates on FDI screening in Germany over the past few years, things seemed to have calmed down recently. Now the German government is back with a bunch of news: On the enforcement front, the recent prohibition regarding satellite communications provider KLEO Connect (...)
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In its Second Annual Report on the screening of foreign direct investment (FDI) into the Union, the EU Commission takes stock of the FDI screening rules at both EU and Member State level. Today, 25 out of 27 Member States either have a screening mechanism in place or are in the process of (...)
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Introduction In its decision of May 31, 2022, the German Federal Cartel Office (“FCO”) determined the unlawfulness of a non-compete clause in the distribution agreements of STIHL Vertriebszentrale AG & Co. KG, a subsidiary of German chainsaw manufacturer STIHL Holding AG & Co. KG (...)
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For the first time ever, the EU Commission has issued a decision on the relationship between EU merger control law and national FDI screening rules. It found that the Hungarian Government’s veto of Vienna Insurance Group’s planned acquisition of the Hungarian subsidiaries of Dutch insurer (...)
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All good things are worth waiting for? Not in the case of the planned takeover of Munich-based chip supplier Siltronic by its Taiwanese rival GlobalWafers. After more than a year of intense FDI screening, the Federal Ministry for Economic Affairs and Climate Action let the deal fail. (...)
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Foreign investment control has become a key factor in M&A deals and 2020 has been an eventful year. A large number of economies have introduced foreign investment control regimes or tightened their existing rules. Now it appears that it is time to make use of them: this week Germany has (...)
