Alec Burnside is a Partner in Dechert’s Brussels office. He is a competition law specialist with three decades of experience in advising on major multinational transactions and other antitrust issues. Alec’s wide-ranging sector experience spans consumer products, energy, financial services, IT, manufacturing, military, natural resources, pharmaceuticals, telecoms, and transport and logistics. He has lived in Brussels since 1989. Alec studied at Downing College, Cambridge ; College of Law, London ; and the Institut d’Etudes Européennes, Brussels. He is a Solicitor of the Senior Courts of England and Wales and a member of the Brussels Bar, as well as an Associate of the Chartered Institute of Linguists, London, admitted in French and German. Mr. Burnside led Dechert’s cross-practice Brexit Task Force, comprising partners from many practice areas and offices.
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On May 5 the European Commission issued its proposal to create wide-ranging powers to tackle non-European subsidies which may distort competition in Europe. The proposal introduces three different regimes : An ex officio investigation up to 10 years after the subsidy was received. A mandatory (...)
Key takeaways FDI rules in the UK have recently been tightened in the context of the COVID-19 pandemic. The UK can now intervene in transactions on the grounds of public health emergencies. Also, lower jurisdictional thresholds apply to transactions relating to artificial intelligence, (...)
Background On 17 June 2020, the European Commission (Commission) adopted a White Paper which contains far-reaching proposals for new enforcement powers against companies benefitting from subsidies granted by non-EU countries. While there are already well-developed systems of anti-trust/merger (...)
Key Takeaways Following several individual initiatives by member state competition authorities to temporarily relax competition rules in specific sectors, the European Competition Network (which includes the European Commission and all member state competition authorities) has issued a more (...)
Key Takeaways In a potentially ground-breaking move, the European Commission recently announced its intention to use its powers to impose interim measures in an investigation targeting chipmaker Broadcom. If it does impose such measures, it would be the first use of these powers in 18 years. (...)
The EU has agreed in principle on a strengthened framework to ensure that foreign investment does not threaten security and public order, while keeping the EU open to foreign investment. The draft FDI Regulation does not go as far as introducing an EU screening mechanism whose decisions are (...)
The General Court of the European Union recently held, in Goldman Sachs v. Commission, that purely financial investors such as investment funds may be held jointly and severally liable for competition law violations implemented by their portfolio companies when they can exercise “decisive (...)
Interim measures are among the most powerful enforcement tools that are available to antitrust regulators in the European Union. Pending the outcome of investigations, which typically run into several years, interim measures can be used to ensure that effective competition is maintained, and irreparable damage that is incapable of being remedied is averted.
The EU lower court has overturned a 2014 merger clearance by the European Commission (EC) following an appeal by a third party. Overturning the clearance does not mean that the deal is now prohibited. Instead, the case goes back to the EC, and the parties have to re-notify. At best this is (...)
EU Court Orders New Assessment of Intel’s Rebates The Court of Justice of the European Union (CJEU) has quashed a ruling by the EU’s General Court which had upheld the European Commission’s (EC) 2009 finding of abuse of dominance by Intel Corporation Inc. Intel was fined €1.06 billion, a record at (...)
It is more than three and a half years since EU Competition Commissioner Joaquín Almunia first publically admitted that, at the European level, when a transaction involves the acquisition of a minority shareholding, there is “probably an enforcement gap” , and announced that he had instructed DG (...)
This article has been nominated for the 2015 Antitrust Writing Awards. Click here to learn more about the Antitrust Writing Awards. On Friday, April 4, 2014, the United States Department of Justice Antitrust Division (“DOJ”) announced that, for the first time ever, the DOJ successfully (...)
Minority shareholdings feature routinely in EU antitrust law. While there is no customised regime specific to them, in most respects they have been satisfactorily accommodated within the general rules. The European Commission’s June 2013 consultation document invited views on the utility of (...)
Alors que le Oxford English Dictionary définit le « bien-être » comme « la santé, le bonheur et la fortune d’une personne ou d’un groupe », il n’est pas si simple de définir le bien-être du consommateur dans le contexte d’internet. Des changements graduels introduits par des plateformes disposant d’un (...)