Lionel Lesur

Franklin (Paris)
Lawyer (Partner)

Lionel Lesur is a member of Franklin’s Corporate-M&A / Private Equity and Competition teams. Lawyer at the Paris and Rome Bars, he also manages Franklin’s Italian Desk. Lionel advises French and international companies in a wide variety of industries, including Healthcare and Luxury Goods, as well as investment funds and top managers. His experience includes the negotiation of business combinations in all forms (mergers and acquisitions, joint ventures, minority investments, etc.) and complex commercial contracts, as well as assistance to foreign operators wishing to set up and develop strategically in France. Lionel also has significant experience in competition law, particularly in relation to multiple merger notifications and cartel proceedings and abuses of dominant position, both at the French and European levels. Finally, Lionel also advises on private enforcement, distribution law and competition compliance. He regularly teaches at the Universities of Aix-Marseille and Paris II Panthéon-Assas as well as at HEC and ESCP, both in mergers and acquisitions and in competition law.

Auteurs associés

Herbert Smith Freehills (Paris)
Jones Day (Brussels)
Siemens (Brussels)
ENSAE Paris-Tech
Analysis Group (Paris)
McDermott Will & Emery (Paris)
United Kingdom’s Competition Authority - CMA (London)
ESSEC Business School (Cergy)


6267 Bulletin

Lionel Lesur, Jacques Buhart The French Competition Authority fines €25 million on a pharmaceutical laboratory for delaying entry into the market of the generic version of a drug and for hindering its development through disparagement campaigns (Janssen-Cilag)


THE FRENCH COMPETITION AUTHORITY FINES A PHARMACEUTICAL LABORATORY EUR 25 MILLION FOR ANTI-GENERIC PRACTICES* On 20 December 2017, the French Competition Authority (the FCA) imposed a EUR 25 million fine on a pharmaceutical laboratory, for delaying entry onto the market of the generic version (...)

Lionel Lesur, Jacques Buhart The French Competition Authority imposes a €302 m fine on three leading companies in the PVC and Linoleum floor coverings sector for price-fixing, sharing commercially sensitive information and signing a non-compete agreement on environmental performance advertising (Forbo / Gerflor / Tarkett / SFEC)


SIGNIFICANT FINE IMPOSED BY THE FRENCH COMPETITION AUTHORITY IN FLOOR COVERINGS CARTEL* On October 18, 2017, the French Competition Authority (the “FCA”) imposed a EUR 302 million fine on the three leading companies in the PVC and linoleum floor coverings sector ; Forbo, Gerflor and Tarkett, as (...)

Louise Aberg, Lionel Lesur The French Competition Authority sanctions companies for implementing a transaction which has been notified to the FCA but has not yet received a clearance decision in the telecommunications industry (Alice & SFR / OTL)


FRENCH COMPETITION AUTHORITY IMPOSES ITS FIRST EVER FINE FOR GUN-JUMPING* For the first time ever, on 8 November 2016 the French Competition Authority (FCA) sanctioned companies for implementing a transaction that had been notified to the FCA but not yet received a clearance decision, (...)

Andrea L. Hamilton, Jacques Buhart, Lionel Lesur The EU Commission publishes a White Paper on the application of merger control rules to the acquisition of non-controlling minority shareholdings to provide a more effective merger control regime


COMMISSION PUBLISHES WHITE PAPER ON MINORITY SHAREHOLDINGS* On 9 July 2014, the EU Commission (Commission) published a White Paper (White Paper) entitled Towards more effective EU merger control. The White Paper sets out the Commission’s current thinking on the application of merger control (...)

Lionel Lesur, Louise Aberg, Philipp Werner The European Court of Justice rules that the EU Commission can bring follow-on actions for damages on behalf of the EU in cartel cases (Otis)


EU Commission Can Bring Follow-On Actions for Damages on Behalf of the European Union in Cartel Cases* On 6 November 2012, the Court of Justice of the European Union (CJEU) ruled that the European Commission was entitled to represent the European Union in an action for damages before national (...)

Lionel Lesur The EU Commission explains in its judgement that the ’priority principle’ requires them to review a deal’s impact on competition according to the date the deal was notified (Seagate / Samsung)


APPLICATION OF THE ’PRIORITY PRINCIPLE’ * The EU Commission was notified of the Seagate/Samsung transaction and the Western Digital/Hitachi transactions – both mergers involving hard drive disk businesses – within days of each other. In its decision on the Seagate/Samsung transaction (published on (...)

Lionel Lesur, Louise Aberg The French Competition Authority withdraws its authorisation of an undertaking’s purchase of rival commercial television company in the TV market and imposes a €30 m fine for failing to fulfill the 59 remedies imposed by the Authority (Canal Plus / TPS)


WITHDRAWAL OF CLEARANCE DECISION AND EUR 30 MILLION FINE AGAINST CANAL PLUS FOR UNFULFILLED MERGER CLEARANCE COMMITMENTS* The French Competition Authority has taken a hard stance by withdrawing its authorization of French broadcaster Canal Plus’ purchase of rival commercial television company (...)

Lionel Lesur, Sergio Sorinas The French Supreme Court rules that the damage caused to the economy by an anticompetitive practice cannot be presumed (Bouygues Télécoms, SFR, Orange)


Background This case is the latest episode of the saga of the « mobile telephony case« . In 2005 the French Competition Council imposed on the three leading French mobile operators (Orange France, SFR and Bouygues Télécom) a record fine of € 534 M for collusive practices consisting in (i) exchange (...)

Lionel Lesur, Sergio Sorinas The Paris Court of Appeal annuls a decision by the French Competition Council fining 7 physicians’ unions for colluding to increase their fees (Union nationale des médecins spécialistes confédéés / Association Familles rurales)


In a ruling of 18 March 2009, the Paris Court of Appeal (the "Court") annulled a decision by the French Competition Council (the "Decision" and the "Council") to fine 7 physicians’ unions for an agreement among their members to increase fees charged to patients. These practices ran for varying (...)

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