The German Federal Court of Justice decides on the compatibility of non-competition clauses to the detriment of minority shareholders with Art. 101 Para. 1 TFEU and Sec. 1 ARC (Gratiszeitung Hallo)

On 23 June 2009, the German Federal Court of Justice overruled three judgments of the Higher Regional Court of Düsseldorf [1] and remitted the cases back for further proceedings. In the joint proceedings before the Federal Court of Justice, the court had to decide whether a non-competition clause to the detriment of minority shareholders was prohibited by Art. 101 Para. 1 TFEU or by Sec. 1 of the German Act against Restraints on Competition (ARC) respectively. Facts The proceedings at hand arose from a controversy between three publishers of daily papers who had set up a joint venture (JV) for the joint production and distribution of an advertising paper. Each of the publishers held a minority share of one third in the JV. The JV's articles of incorporation provided for certain

L'accès à cet article est réservé aux abonnés

Déjà abonné ? Identifiez-vous

L’accès à cet article est réservé aux abonnés.

Lire gratuitement un article

Vous pouvez lire cet article gratuitement en vous inscrivant.

 

Version PDF

Auteurs

  • Gleiss Lutz (Munich)
  • Milbank, Tweed, Hadley & McCloy (Munich)

Citation

Petra Linsmeier, Moritz Lichtenegger, The German Federal Court of Justice decides on the compatibility of non-competition clauses to the detriment of minority shareholders with Art. 101 Para. 1 TFEU and Sec. 1 ARC (Gratiszeitung Hallo), 23 juin 2009, e-Competitions June 2009, Art. N° 32009

Visites 520

Tous les numéros

  • Latest News issue 
  • Tous les News issues
  • Latest Special issue 
  • Tous les Special issues