April 2022

General antitrust

The UK Competition Authority publishes its second State of Competition report, finding that the economy remains more concentrated than it was prior to the 2008 financial crisis and that the concentration disproportionately affects the least well-off
United Kingdom’s Competition Authority - CMA (London)
CMA publishes second state of competition report* The CMA has published its second assessment of how well competition is working in the UK and what that means for people and businesses. Effective competition helps make sure shoppers and households get a fair deal when buying goods and (...)

The Australian Competition Authority issues a report examining the operation of general online marketplaces
Australian Competition and Consumer Commission (Canberra)
Concerning issues for consumers and sellers on online marketplaces An ACCC report examining general online retail marketplaces, such as Amazon Australia, Catch, eBay Australia and Kogan, has highlighted a range of concerns about how they operate as well as the significant benefits they provide (...)

The New Zealand Competition Authority allows collective bargaining between a poultry growers association and a chicken processing company (Tegel Growers Association / Tegel)
New Zealand Commerce Commission (Wellington)
Commerce Commission issues draft determination on New Zealand Tegel Growers Association’s application to engage in collective bargaining* The Commerce Commission (Commission) has reached a preliminary view that it should allow the New Zealand Tegel Growers Association Incorporated (TGA) to (...)

The US FTC extends the public comment period for request for information on the impact of pharmacy benefit managers
US Federal Trade Commission (FTC) (Washington)
Federal Trade Commission Extends Public Comment Period for Request for Information on Impact of Pharmacy Benefit Managers* The Federal Trade Commission is extending the public comment period, until May 25, 2022, on a request for information that covers a wide range of issues in the PBM (...)

The German Competition Authority publishes the annual report of its market transparency unit for fuels and launches an ad-hoc examination of the mineral oil sector
German Competition Authority (Bonn)
Annual report of the Market Transparency Unit for Fuels – Bundeskartellamt launches ad-hoc examination of the mineral oil sector * With high prices and a rapidly changing market, the provision of immediate information for consumers via price information apps has become even more valuable. Some (...)

The Japanese FTC conducts a market study on credit card transactions and proposes that standard interchange fee rates be disclosed
White & Case (Tokyo)
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White & Case (Tokyo)
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White & Case (Tokyo)
On April 8, 2022, the Japan Fair Trade Commission (’JFTC’) published the Market Survey Report on Credit Card Transactions (’Report’). The JFTC conducted a survey on credit card transactions in order to ascertain disclosure of standard interchange fee rates and to determine whether there are any (...)

The Romanian Competition Authority analyses the impact of tax consultancy and financial audit legislation on national competition
Romanian Competition Council (Bucharest)
The competition council analyses the impact of tax consultancy and financial audit legislation on competition* The Competition Council carries out a study to analyse the impact on competition of the legislative provisions that oblige companies in the field of tax consultancy and financial (...)

The Australian Competition Authority finds significant falls in retail prices in the major capital cities a week after the cut in fuel excise came into effect
Australian Competition and Consumer Commission (Canberra)
Petrol retailers starting to pass through fuel excise cut* ACCC monitoring of petrol prices has found significant falls in retail prices in the major capital cities a week after the cut in fuel excise came into effect. The fuel excise cut, announced in last week’s Federal Budget, is being (...)

The Indonesian Competition Authority announces end to relaxation of competition rules put in place over the COVID-19 pandemic Free
Hogan Lovells (Jakarta)
KPPU, the Indonesian Competition Authority, announced that the relaxation measures which were in place due to the pandemic will no longer be applicable as of 1 May 2022. Corporations carrying out business in Indonesia or related to the Indonesian market should buckle up for more rigorous (...)

The EU Commission issues Guidance on FDI from Russia and Belarus and calls for greater scrutiny due to increased risk of harm to security or public order
Herbert Smith Freehills (New York)
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Herbert Smith Freehills (Brussels)
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Herbert Smith Freehills (Brussels)
On 6 April 2022, the European Commission (“Commission”) issued Guidance to Member States on how to screen foreign direct investment (“FDI”) from Russia and Belarus into the EU, in light of the ongoing military conflict in Ukraine (“FDI Guidance”). Following Russia’s unjustified attack against (...)

The Irish Competition Authority opens further consultation on proposed guidelines for exercising new competition law powers
Irish Competition Authority (Dublin)
CCPC opens further consultation on proposed guidelines for exercising new competition law powers * The Competition and Consumer Protection Commission (CCPC) today opens the second in a series of public consultations on how it intends to use the expanded competition law enforcement powers (...)

Anticompetitive practices

The Dutch Competition Authority conducts investigation into possible cartel in the street-furniture and road-furniture market
Netherlands Authority for Consumers & Markets (ACM) (The Hague)
ACM investigates possible cartel in street-furniture and road-furniture market* The Netherlands Authority for Consumers and Markets (ACM) is currently conducting an investigation into a possible cartel in the street-furniture and road-furniture market. As part of that investigation, ACM (...)

The French Competition Authority states objections against two companies in the outdoor advertising sector
French Competition Authority (Paris)
The general rapporteur of the Autorité de la concurrence has stated objections to two companies in the outdoor advertising sector* The companies in question are criticised for having concluded and implemented, in the outdoor advertising sector, an agreement to share upstream markets, in (...)

The US District Court for the District of Colorado enters a federal jury’s acquittal in first of its kind criminal case against a company and its CEO for no-poach agreements with rivals (DaVita / Thiry)
McDermott Will & Emery (Chicago)
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McDermott Will & Emery (Washington)
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McDermott Will & Emery (Chicago)
In a landmark case of first impression, the US Department of Justice’s (DOJ) Antitrust Division (Division) indicted and brought to trial a federal criminal prosecution alleging agreements between DaVita, Inc., its former CEO Kent Thiry and other companies not to solicit each other’s employees. (...)

The US District Court for the Eastern District of Texas convicts a former healthcare staffing executive for obstructing an investigation (Neeraj Jindal)
US Department of Justice (Washington)
Former Health Care Staffing Executive Convicted of Obstructing FTC Investigation into Wage-Fixing Allegations* Today, a Texas man was convicted of obstructing a Federal Trade Commission (FTC) investigation, following an eight-day trial in the Eastern District of Texas. “Lying to federal (...)

The US FTC publishes a statement regarding the verdict by the US District Court for the Eastern District of Texas that the former owner of a physical therapy staffing company obstructed the FTC’s investigation (Neeraj Jindal)
US Federal Trade Commission (FTC) (Washington)
Statement Regarding Texas Jury’s Verdict that Former Owner Neeraj Jindal Obstructed FTC’s Antitrust Investigation into Physical Therapy Staffing Company* Today, a Texas federal jury found the former owner of a physical therapist staffing company guilty of obstructing a Federal Trade Commission (...)

The US DoJ indicts individuals in Florida for bid-rigging and for conspiring to eliminate competition among their companies and secure sales for a pre-arranged winner (O’Brien / LaRoche / Dailey)
US Department of Justice (Washington)
Three Florida Men Indicted for Rigging Bids and Defrauding the U.S. Military* Defendants Submitted Sham Bids for More than Five Years A federal grand jury in the Middle District of Florida returned an indictment, which was unsealed today, charging three Florida men with conspiring to rig (...)

The US District Court for the Eastern District of California in Sacramento receives a plea agreement from a former contract manager for his role in a bid-rigging and bribery scheme (Yong)
US Department of Justice (Washington)
Former Caltrans Contract Manager Pleads Guilty to Bid Rigging and Bribery* First Guilty Plea in Ongoing Investigation at the California Department of Transportation (Caltrans) A former contract manager for the California Department of Transportation (Caltrans) pleaded guilty today for his (...)

The Spanish Competition Authority analyses the proposals from a professional football league to market audiovisual rights in the national and Asian markets (La Liga)
Spanish Competition Authority (CNMC) (Madrid)
The CNMC has analysed the proposals from La Liga to market certain broadcasting rights of the 1st and 2nd divisions in the national and Asian markets * The tender includes, among others, the rights to a free-to-air 1st division match, 2nd division and play-off rights, and broadcasting in (...)

The US FTC approves a final order prohibiting a professional association from fixing prices for appraisal services in Louisiana (Louisiana Real Estate Appraisers Board)
US Federal Trade Commission (FTC) (Washington)
FTC Approves Final Order Prohibiting Louisiana Real Estate Appraisers Board from Fixing Prices for Appraisal Services in Louisiana * Following a public comment period, the Federal Trade Commission has approved a final order settling charges that the Louisiana Real Estate Appraisers Board (...)

The UK Competition Appeal Tribunal rules that class action proceedings may only be brought on an opt-in basis where the class of potential complainants is sophisticated and thus opt-in is practicable (O’Higgins / Evans)
Herbert Smith Freehills (London)
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Herbert Smith Freehills (London)
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Herbert Smith Freehills (London)
The UK Competition Appeal Tribunal (“CAT“) has ruled for the first time that collective proceedings can only proceed on an opt-in basis, rather than the opt-out basis sought by the class applicants. The ruling came in the O’Higgins/Evans case, concerning two competing applications for a Collective (...)

The Latvian Competition Authority permits entrepreneurs to make joint purchases of raw materials due to disruptions from sanctions imposed on Russia and Belarus subject to the Authority’s clearance
Latvian Competition Council (Riga)
The CC: Entrepreneurs may agree to jointly purchase raw materials in the event of a shortage of raw materials As a result of the Russian Federation’s military aggression supported by the Republic of Belarus and the associated sanctions imposed on these countries, businesses in several sectors (...)

The Polish Competition Authority issues decision on bid rigging during public tender process for greenery maintenance and passenger transport services and imposes penalty on liable bidders
Polish Competition Authority (Warsaw)
Bid rigging - two decisions of the President of UOKiK* Tomasz Chróstny, the President of UOKiK, issued two decisions on bid rigging, in which he imposed penalties totalling nearly PLN 330,000. Entrepreneurs tried to affect the outcome of procurement procedures for greenery maintenance in the (...)

Unilateral Practices

The UK Competition Authority secures legally binding commitments from a manufacturer of six cancer drugs to maintain reduced prices for 10 years (Aspen)
United Kingdom’s Competition Authority - CMA (London)
CMA helps NHS secure price and supply commitment for cancer drugs* The CMA has worked to ensure that pharmaceutical company Aspen’s commitments to reduce prices for life-saving cancer medicines can be enforced in the UK following its exit from the European Union. The European Commission opened (...)

The UK Competition Authority opens an investigation into the largest provider of information management systems to schools (Education Software Solutions)
United Kingdom’s Competition Authority - CMA (London)
CMA to investigate ESS’s move to three-year contracts for schools* The CMA is investigating whether education software company ESS is abusing a dominant position to push schools into accepting a new 3-year contract. The investigation will assess concerns around a contract change made by (...)

The German Competition Authority issues statement of objections against contractual clauses used in train mobility platforms as constituting abuse of market power (Deutsche Bahn)
German Competition Authority (Bonn)
Fair competition for digital mobility services – Bundeskartellamt issues statement of objections against Deutsche Bahn due to possible hindrance of mobility platforms * The Bundeskartellamt has come to the preliminary conclusion that certain practices and contractual clauses used by Deutsche (...)

Mergers

The UK Competition Authority decides that a completed merger between two software providers may be anti-competitive and remedies will need to be offered or a phase II investigation will proceed (NEC / SSS)
United Kingdom’s Competition Authority - CMA (London)
CMA finds competition concerns in merger of emergency service software suppliers* NEC Software Solutions’ purchase of SSS raises competition concerns in the supply of vital software to emergency services and transport customers. NEC and SSS are 2 of a small number of suppliers that supply (...)

The New Zealand Competition Authority asks interested parties to offer submissions on a proposed takeover of a company which leases recreational vehicles by a large Australian tourism company (THL / Apollo)
New Zealand Commerce Commission (Wellington)
Statement of Unresolved Issues issued for proposed THL/Apollo merger* The Commerce Commission has published a statement of unresolved issues relating to an application from THL Group (Australia) Pty Ltd, a subsidiary of Tourism Holdings Limited, seeking clearance to acquire 100% of the shares (...)

The Australian Competition Authority raises competition concerns on the acquisition transaction between two hospitality and tourism companies (THL / Apollo)
Australian Competition and Consumer Commission (Canberra)
THL’s proposed acquisition of Apollo raises preliminary competition concerns* The ACCC has outlined preliminary competition concerns with THL’s proposed acquisition of Apollo (ASX: ATL) in a statement of issues published today. THL and Apollo are tourism companies, headquartered in New Zealand (...)

The French Competition Authority clears a takeover transaction between two furniture distribution and retail companies on grounds of the failing firm exception (Mobilux / Conforama)
French Competition Authority (Paris)
Takeover of Conforama by the But Group: the Autorité identifies competitive risks but clears the transaction without commitment, in application of the failing firm exception* Background In July 2020, the Autorité cleared Mobilux (parent company of the But group) to acquire Conforama without (...)

The UK Competition Authority deems a merger between two veterinary firms as likely to be anti-competitive and gives the firm time to offer remedies or will proceed with a phase II investigation (VetPartners / Goddard)
United Kingdom’s Competition Authority - CMA (London)
VetPartners’ purchase of Goddard raises competition concerns* VetPartners’ completed purchase of Goddard could now be referred for an in-depth investigation after the CMA found that the deal raises competition concerns. The Competition and Markets Authority (CMA) opened its investigation into (...)

The French Competition Authority unconditionally authorizes the acquisition of a furniture retailer by a furniture retail distribution company under the failing firm defence (Mobilux / Conforama)
White & Case (Brussels)
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White & Case (Paris)
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White & Case (Paris)
The French Competition Authority (’FCA’) has unconditionally authorized the acquisition of furniture retailer Conforama by Mobilux under the failing firm defence (’FFD’). Background On 8 July 2019, Mobilux group (’Mobilux’) announced its intention to acquire Conforama. Mobilux is the parent company (...)

The New Zealand Competition Authority receives merger clearance application from an international fuel production company for the 100% acquisition of ownership interest of another fuel company in assets for the supply of jet fuel (Mobil / Z Energy)
New Zealand Commerce Commission (Wellington)
Mobil seeks clearance to increase ownership interest in two jet fuel joint ventures* The Commerce Commission has received two clearance applications from Mobil Oil New Zealand Limited to acquire up to 100% of Z Energy Limited’s ownership interest in two assets used to supply jet fuel at (...)

The UK Competition Authority finds that a merger could increase operating costs for oil and gas producers in the North Sea (Noble / Maersk)
United Kingdom’s Competition Authority - CMA (London)
Offshore drilling merger raises competition concerns* The CMA has found that the merger of Noble and Maersk Drilling could increase operating costs for oil and gas producers in the UK North Sea. In February, the Competition and Markets Authority (CMA) opened an investigation into the (...)

The EU Commission Executive Vice-President Vestager comments on the decision by Europe’s two largest producers of insulating panels to drop their proposed merger following a Statement of Objections (Kingspan / Trimo)
DG COMP (Brussels)
Statement by Executive Vice-President Vestager on the decision by Kingspan and European Architectural Systems to abandon the proposed transaction involving the purchase of Trimo* The European Commission takes note of the decision by Kingspan and European Architectural Systems (i.e. the parent (...)

The Spanish Competition Authority initiates three sanctioning proceedings against two funeral home companies for breach of the duty to notify the commission of mergers and acquisitions before execution (Albia / Funespana)
Spanish Competition Authority (CNMC) (Madrid)
The CNMC initiates three sanctioning proceedings for breach of the duty to notify mergers or acquisitions before executing them* The sanctioning proceedings affect Albia Gestión de Servicios, S.L.U. (a subsidiary of the Santa Lucía group), which acquired exclusive control of the funeral homes (...)

The US FTC requires two companies to sell off three facilities amid concerns that the deal would increase concentration in the North American market for porcelain enamel frit (Prince / Ferro)
US Federal Trade Commission (FTC) (Washington)
FTC Requires Prince and Ferro to Sell Off Three Facilities amid Concerns that Deal would Increase Concentration in North American Market for Porcelain Enamel Frit* Absent a Remedy, the Merger Would Also Likely Harm Competition in Markets for Forehearth Colorants and Glass Enamel The Federal (...)

The UK Government publishes its response to the consultation proposing a wide range of far-reaching changes to the competition and consumer protection regimes
Herbert Smith Freehills (London)
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Herbert Smith Freehills (London)
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Herbert Smith Freehills (London)
On 20 April 2022 the UK government published its response to the consultation launched in July 2021, proposing a wide range of far-reaching changes to the UK competition and consumer protection regimes (see our blog post on the consultation here). Taking into account the feedback received from (...)

The UK Department of Business, Energy & Industrial Strategy publishes a response to its consultation setting out plans to introduce significant reforms to national competition and consumer law
Ashurst (London)
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Ashurst (London)
On 20 April 2022, the Department for Business, Energy & Industrial Strategy (’BEIS’) published a response to its July 2021 consultation ’Reforming competition and consumer policy – Driving growth and delivering competitive markets that work for consumers’ setting out its plan to introduce (...)

The Canadian Competition Authority reaches an agreement with a solid waste and environmental solutions company on sustaining competition in the industrial waste and oil recycling market following its acquisition of a major competitor (GFL Environmental / Terrapure Environmental)
Canadian Competition Bureau (Gatineau)
Competition Bureau reaches agreement with GFL to preserve competition for industrial waste and oil recycling services in western Canada* The Competition Bureau announced today that it has reached an agreement with GFL Environmental Inc. to resolve litigation related to its purchase of (...)

The German Competition Authority closes in-depth preliminary investigation and clears a purchasing agreement between hypermarket acquirers and supermarket chain (Real / Dr Tischendorf / REWE)
German Competition Authority (Bonn)
No proceeding initiated on account of purchasing agreement for further operation of 63 “real” stores* Following an in-depth preliminary examination, the Bundeskartellamt has decided not to initiate a proceeding under competition law on account of a planned purchasing cooperation between the (...)

The Dutch Competition Authority decides that further investigation is needed for the acquisition of a waste-management company (AEB / AVR)
Netherlands Authority for Consumers & Markets (ACM) (The Hague)
Further investigation needed into acquisition of waste-management company AEB by AVR* The Netherlands Authority for Consumers and Markets (ACM) has decided that a further investigation is needed into the acquisition of waste-management company Afval Energie Bedrijf Amsterdam (AEB) by rival (...)

The French Competition Authority fines a company for gun-jumping in a case relating to a progressive takeover and de facto control in the spirit market (Cofepp / Marie Brizard Wine & Spirits)
White & Case (Paris)
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White & Case (Paris)
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White & Case (Brussels)
On 12 April 2022, the FCA fined the Compagnie Financière Européenne de Prises de Participation ("COFEPP") EUR 7 million for both (i) failure to notify its merger with Marie Brizard Wine & Spirits ("MBWS") and (ii) completion of the merger prior to the FCA’s approval. The FCA launched the (...)

The French Competition Authority fines a company for an acquisition of control without prior notification of the transaction and without waiting for a clearance decision in the market of spirits (Cofepp / Marie Brizard Wine & Spirits)
French Competition Authority (Paris)
The Autorité fines Cofepp for acquiring control of MBWS without prior notification of the transaction and without waiting for its decision* Background The Autorité de la concurrence has fined Cofepp (Poliakov, Label 5, Cruz, Saint James, Old Nick, etc.) for acquiring control of Marie Brizard (...)

The French Competition Authority fines a wine and spirits company €7 million for gun jumping (Cofepp / Marie Brizard Wine & Spirits)
University of Paris I Panthéon-Sorbonne
On 12 April 2022, the French Competition Authority (’FCA’) issued a 7 million euro fine to Cofepp for the acquisition of control over Marie Brizard Wine & Spirits (’MBWS’) before notifying the concentration to the FCA (failure to notify) and a fortiori without waiting for the FCA’s clearance (...)

The French Competition Authority fines a wine and spirits company €7 million for gun jumping (Cofepp/ Marie Brizard Wine & Spirits)
McDermott Will & Emery (Washington)
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McDermott Will & Emery (Paris)
By a decision dated 12 April 2022, the French Competition Authority (FCA) fined the Compagnie Financière Européenne de Prises de Participation (“Cofepp”) up to 7 million euros, for having closed the takeover of the company Marie Brizard Wine & Spirits (i) without first notifying the operation (...)

The EU Commission approves an acquisition between two leading global aerospace component suppliers, subject to conditions (Parker / Meggitt)
DG COMP (Brussels)
Mergers: Commission approves Parker’s acquisition of Meggitt, subject to conditions * The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Meggitt by Parker. The approval is conditional on full compliance with commitments offered by Parker. (...)

The EU Commission opens an in-depth investigation into a proposed acquisition in the market for wood-based panels (Pfleiderer Polska / Kronospan)
DG COMP (Brussels)
Mergers: Commission opens in-depth investigation into proposed acquisition of Pfleiderer Polska by Kronospan* The European Commission has opened an in-depth investigation to assess the proposed acquisition of Pfleiderer Polska by Kronospan, under the EU Merger Regulation. The Commission is (...)

State Aid

The UK Government adapts the national subsidy control regime by passing the Subsidy Control Act 2022
Herbert Smith Freehills (London)
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Herbert Smith Freehills (London)
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Herbert Smith Freehills (London)
On 28 April 2022, the UK’s Subsidy Control Bill received Royal Assent, becoming the Subsidy Control Act 2022 (the “Act”). Although the UK’s domestic subsidy control regime now has a statutory footing, most of the Act has not yet entered into force, meaning that the interim regime based on the (...)

The EU Commission approves €169 million Spanish scheme to support milk producers in context of Russia’s invasion of Ukraine
DG COMP (Brussels)
State aid: Commission approves €169 million Spanish scheme to support milk producers in context of Russia’s invasion of Ukraine* The European Commission has approved a €169 million Spanish scheme to support the milk producers sector in the context of Russia’s invasion of Ukraine. The scheme was (...)

The EU Commission approves €700 million French scheme to support research, development and innovation projects by companies of all sizes and across all sectors
DG COMP (Brussels)
State aid: Commission approves €700 million French scheme to support research, development and innovation projects across all sectors* The European Commission has approved, under EU State aid rules, a €700 million French scheme to support research, development and innovation projects by (...)

The EU Commission approves €18 million Irish support scheme to support the road haulage sector in the context of Russia’s invasion of Ukraine
DG COMP (Brussels)
State aid: Commission approves €18 million Irish scheme to support the road haulage sector in the context of Russia’s invasion of Ukraine* The European Commission has approved an €18 million Irish scheme to support the road haulage sector in the context of Russia’s invasion of Ukraine. The scheme (...)

The EU Commission approves €130 million Lithuanian scheme to support companies affected by China’s discriminatory trade restrictions
DG COMP (Brussels)
State aid: Commission approves €130 million Lithuanian scheme to support companies affected by discriminatory trade restrictions* The European Commission has approved, under EU State aid rules, a €130 million Lithuanian scheme to support and facilitate access to finance by companies affected by (...)

The EU Commission approves €2 billion Italian scheme under the recovery and resilience facility to support roll out of 5G mobile networks
DG COMP (Brussels)
State aid: Commission approves €2 billion Italian scheme under the Recovery and Resilience Facility to support roll out of 5G mobile networks* The European Commission has approved, under EU State aid rules, a €2 billion Italian scheme made available through the Recovery and Resilience Facility (...)

The EU Commission approves a €7 billion French scheme to support investment towards a sustainable recovery
DG COMP (Brussels)
State aid: Commission approves €7 billion French scheme to support investment towards a sustainable recovery* The European Commission has approved a €7 billion French scheme aimed at providing investment support towards a sustainable recovery. The scheme was approved under the State aid (...)

The EU Commission approves a €836 million Polish scheme to support the agricultural sector in the context of Russia’s invasion of Ukraine
DG COMP (Brussels)
State aid: Commission approves €836 million Polish scheme to support agricultural sector in context of Russia’s invasion of Ukraine* The European Commission has approved a €836 million (PLN 3.9 billion) Polish scheme to support the agricultural sector in the context of Russia’s invasion of (...)

The EU Commission approves a €250M Portuguese measure to facilitate access to finance for small and medium enterprises affected by the COVID-19 pandemic (Banco Português de Fomento) Free
DG COMP (Brussels)
State aid: Commission approves €250 million Portuguese measure under the Recovery and Resilience Facility to further capitalise Banco Português de Fomento* The European Commission approved, under EU State aid rules, a €250 million Portuguese aid measure, made available through the Recovery and (...)

The EU Council announces fifth round of sanctions on Russia following aggression in Ukraine, including a prohibition on State aid to firms where there is at least 50% Russian public ownership and the firm continues to operate in Russia
Arendt & Medernach (Luxembourg)
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Arendt & Medernach (Luxembourg)
Restrictive measures against individuals The Council adopted restrictive measures against an additional 217 individuals. These include Russian high-net-worth individuals, high-ranking Kremlin officials, individuals responsible for disinformation and information manipulation, as well as family (...)

The EU Commission approves a French liquidity scheme to support companies in the context of Russia’s invasion of Ukraine
DG COMP (Brussels)
State aid: Commission approves French liquidity scheme to support companies in context of Russia’s invasion of Ukraine* The European Commission has approved a French scheme that enables up to €155 billion in liquidity support for companies across all sectors in the context of Russia’s invasion (...)

Regulatory

The UK Competition Authority publishes its annual concurrency report outlining inter-agency cooperation throughout the year
United Kingdom’s Competition Authority - CMA (London)
Regulators promote competition across sectors in 2021 to 2022* The CMA’s Annual Concurrency Report shows how competition authorities have helped deliver benefits to households in 2021 to 2022 in the regulated sectors. Competition law in the UK is enforced by the Competition and Markets (...)

The Dutch Competition Authority imposes orders on pilgrimage travel service providers which mandate provision of travel guarantee measures to pilgrimage customers (Alferdoos / Amlex Travel / Elfourssan Reizen / Salsabil Travel / Taoufik Reizen / Wadi Alrafidein)
Netherlands Authority for Consumers & Markets (ACM) (The Hague)
Providers of pilgrimage packages have stopped selling them or have taken travel guarantee measures following ACM action* Six providers of pilgrimage packages that the Netherlands Authority for Consumers and Markets (ACM) had previously compelled to take the necessary travel guarantee measures (...)

The UK Parliament revamps antitrust rules with broader jurisdictional reach, tougher penalties and more flexible procedure for merger control
Skadden, Arps, Slate, Meagher & Flom (London)
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Skadden, Arps, Slate, Meagher & Flom (London)
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Skadden, Arps, Slate, Meagher & Flom (Brussels)
On April 20, 2022, the U.K. government announced amendments to the U.K. competition and consumer law regimes. Changes to merger control include: Expanded conditions for killer acquisitions, which will eliminate the need for a U.K. overlap in acquirer and target activities intended to cover (...)

The Dutch Competition Authority accepts the commitments made by a telecom operator and a fiber-optic company to lower tariffs for competitors to access their networks (KPN / Glaspoort)
Netherlands Authority for Consumers & Markets (ACM) (The Hague)
ACM anticipates savings for Dutch households of up to 200 million euros per year because of fiber-optic arrangements* The Netherlands Authority for Consumers and Markets (ACM) has published a draft decision following recent proposals from Dutch telecom operator KPN and fiber-optic company (...)

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