


Charles Bankes
Charles Bankes is a retired senior adviser at Simmons & Simmons. Before he retired, he was a partner at the firm and specialised in EU, competition and regulatory law and has extensive experience of their application within a wide range of industries. He particularly focused on the utilities sectors. Charles Bankes has extensive experience of EC and UK merger control procedures including at phase II and of complex multi jurisdictional merger control procedures. In recent years he has advised on a range of cartel investigations, including investigations being conducted by regulators around the world. He advised on one of the first cases settled with the European Commission. His litigation experience includes cases before the Competition Appeal Tribunal, follow on damages actions before the High Court and judicial review, including in the Court of Appeal. He also advises on state aid issues. Charles Bankes is a member of the firm’s Brexit team.
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Articles
3462 Bulletin
592
On 14 May 2018, the Enterprise Act 2002 (Turnover Test) (Amendment) Order 2018 (SI 2018/593) and Enterprise Act 2002 (Share of Supply Test) (Amendment) Order 2018 (SI 2018/578) were published. These amend the jurisdictional thresholds set out in section 23 of the Enterprise Act 2002 (the Act) (...)
461
On 24 April 2018, the European Commission (Commission) fined Altice NV (Altice) €124.5m for breaching both Article 4(1) and 7(1) of Council Regulation (EC) No 139/2004 (the EU Merger Regulation or EUMR). Article 4(1) EUMR contains the “notification requirement” under which relevant transactions (...)
539
The European Commission today published a Fact Sheet on Intellectual Property Rights Enforcement and a Communication setting out the EU’s approach to Standard Essential Patents (SEPs). In recognition of what it perceives as the strategic importance of SEPs and Europe’s need to grasp the enormous (...)
422
The General Court’s November 2017 judgment is not such welcome news to ICAP as it might first appear. ICAP’s appeal against a 2015 infringement decision was successful insofar as the fines imposed on it will now be trimmed, but in the main the General Court supported the European Commission’s (...)
847
In brief AC-Treuhand has failed in its attempt to have two fines overturned for facilitating the heat stabilisers cartel. The case confirms that servicing a cartel by organising and participating in meetings, collecting and supplying to producers data on relevant markets and offering to (...)
173
Unconvinced by the outcome of the Eurotunnel case, the CMA wants guidance from the Supreme Court on what constitutes an enterprise for the purposes of UK merger control. The CMA is seeking permission to appeal the Court of Appeal judgment of 15 May 2015 in the Eurotunnel case. That judgment (...)
78
The European Commission has sounded a warning to parties notifying merger transactions, emphasising the fundamental importance of accurate market share data. On 25 February 2014, the European Commission announced that it had sent a statement of objections to two Finnish producers of specialty (...)
164
In a significant judgment that could have had “vast” consequences for financial transactions worldwide based on LIBOR, an English High Court Judge has refused to allow defences based on the competition rules to be introduced into the pleadings in an action brought by a LIBOR panel bank to enforce (...)
76
The Office of Fair Trading (OFT) announced on 18 November 2010 that it had decided to close an investigation into suspected price coordination in the grocery sector. The investigation had recently been reviewed in the context of the OFT’s prioritisation principles, and the OFT had concluded that (...)
110
On the 12 February 2009, following an in depth investigation, the Spanish Competition Commission (CNC) cleared its first big merger when it approved, subject to commitments, the merger between Gas Natural (GN), the dominant gas supplier and the Union Fenosa (UF), the third largest electricity (...)