James R. Modrall

Norton Rose Fulbright (Brussels)
Lawyer (Partner)

James Modrall is a partner based in the Brussels office. Mr. Modrall practices extensively in the area of EU and international competition law, in particular the review and clearance of international mergers and acquisitions. Mr. Modrall also has extensive experience with EU financial regulatory reform, advising the world’s leading private equity groups in connection with the new EU directive on alternative investment fund managers and leading banks and investment firms on EU initiatives including EU regulation of derivatives, EU reforms in financial market regulation and the creation of a new EU framework for crisis management, among others. Mr. Modrall’s recent publications include “Third-Country Funds and Fund Managers” (Private Equity Compliance Guide), “More Work Needed: The Independent Commission on Banking’s Findings Require More Rigorous Analysis” (competition-driven reforms of the UK retail banking sector), “EU Antitrust: In the Crosshairs” (EU investigations in the financial sector), “Breaking up is Hard to Do” (EU law on withdrawal from the eurozone), “EU Competition Law Issues in the M&A Deal Process,” “Non-Compete Clauses in M&A Agreements – The European Union and the United States,” “Gun Jumping and EU Merger Control,” “The Allocation of Antitrust Approval Risk in M&A Agreements.”


Linked authors

Cleary Gottlieb Steen & Hamilton (Hong Kong)
China Construction Bank Europe (Luxembourg)
RBB Economics (Johannesburg)
RBB Economics (London)
Indian Competition Commission (New delhi)
Norton Rose Fulbright (Hong Kong)
Norton Rose Fulbright (Brussels)
University of São Paulo


3860 Bulletin

James R. Modrall The EU Commission opens formal investigation into insurance provider to determine whether its access to a data pooling system may breach EU law competition rules (Insurance Ireland)


EU COMMISSION INVESTIGATES INSURANCE INFORMATION EXCHANGE* On May 14, the European Commission announced the opening of a formal antitrust investigation into Insurance Ireland to assess whether the conditions of access to its InsuranceLink data pooling system may restrict competition, in breach (...)

James R. Modrall The European Commission publishes a far-reaching on proposals to boost the enforcement powers of national competition authorities) and to address differences between national competition enforcement systems in the European Union


On November 4, the European Commission published a far-reaching consultation (the Consultation) on proposals to boost the enforcement powers of national competition authorities (NCAs) and to address differences between national competition enforcement systems in the European Union. The (...)

James R. Modrall, Shan Hu The Chinese NDRC fines the undertakings participating in two cartels in the car insurance and automotive component sectors and publishes its decisions (Zhejiang car insurance cartel and Automotive component suppliers’ cartel)


1. Introduction The Chinese National Development and Reform Commission (NDRC) has recently stepped up its cartel enforcement activities and for the first time has published non-confidential versions of a number of its cartel decisions. With its new activism and openness in regards to its (...)

James R. Modrall, Michael Grenfell The COMESA Court of Justice rules that a merger filing notification to COMESA’s Competition Commission will remove the need for filings to national authorities in the Member State (Polytol)


In much the same way that, within the European Union, a merger filing (notification) to the European Commission removes the need for filings to national competition authorities in the EU Member States, so too the COMESA. Court of Justice has ruled that a merger filing (notification) to COMESA’s (...)

James R. Modrall The EU Commission considers that the commitments proposed by the dominant undertaking in the worldwide market for consolidated real-time datafeeds were sufficient to address the abusive restrictions concerning the use of financial instrument codes (Reuters Instrument Codes)


The Thomson Reuters Commitment Decision* On November 12, 2013, the European Commission published a summary of its December 20, 2012 decision (the “Decision”) accepting commitments offered by members of the Thomson Reuters group (“Thomson Reuters”). The Decision ended a three-year-long (...)

James R. Modrall, Matthew I. Bachrack, Shan Hu A Chinese District Court rules for the plaintiff in unfair competition case relating the antivirus software industry (Tencent/Qihoo)


This article is the winner of readers business awards of the 2012 Antitrust Writing Awards. Click here to learn more on the Antitrust Writing Awards. On April 26, 2011, Beijing Chaoyang District Court (the “Court”) ruled against Qihoo, the provider of 360 (a widely used antivirus software) and (...)

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