The New European Commission and Commissioner Vestager: Competition Policy vs. Industrial Policy
Law & Economics workshop organized by Concurrences in partnership with Shearman & Sterling.
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Ententes : La DGCCRF met fin à une nouvelle pratique d’offre de couverture entre installateurs de matériels de sécurité dans les débits de tabac (Leray Sécurité)Nouvel opus dans la saga des offres de couverture entre installateurs de matériels de sécurité dans les débits de tabac… le 27 février 2020, la DGCCRF a rendu publique sa onzième décision de PAC locale concernant des pratiques d’offres de couverture mises en œuvre par plusieurs installateurs de (...)
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The French Competition Authority publishes its contribution to the competition policy debate in light of the digital economy challengeThe Autorité publishes its contribution to the debate on competition policy and the challenges raised by the digital economy* The Autorité de la concurrence publishes its contribution to the debate on competition policy in light of the challenges arising from the digital economy. It is thus (...)
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The EU Commission fines hotel group for including restrictive clauses in its agreements with tour operators (Meliá)Antitrust: Commission fines hotel group Meliá €6.7 million for discriminating between customers* The European Commission has fined Spanish hotel group Meliá €6 678 000 for including restrictive clauses in its agreements with tour operators. These clauses discriminate consumers within the European (...)
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The Australian Competition Authority clears a proposed merger in the raw milk market (Lion Dairy & Drinks / Mengniu)Mengniu deal to buy Lion Dairy & Drinks not opposed* The ACCC will not oppose the proposed acquisition of Lion Dairy & Drinks Pty Ltd (Lion D&D) by China Mengniu Dairy Company Ltd (Mengniu) after closely considering the potential impact on competition. Mengniu is proposing to (...)
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Financial services and competition law: An overview of EU and national case lawFor the first time, EU and national competition authorities over the last few years have expanded their scrutiny to the financial sector as a whole (banks, financial markets, insurance). All areas of financial services appear to be on their radar, as exemplified by investigations looking into (...)
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Engagements : L’Autorité de la concurrence sanctionne l’opérateur dominant sur le marché de l’assurance obsèques réunionnais pour non-respect d’engagements souscrits en 2009 (La Mutualité de La Réunion)Le 20 février 2020, l’Autorité de la concurrence a rendu une décision n° 20-D-03 aux termes de laquelle elle sanctionne la Mutualité de La Réunion à hauteur de 200 000 euros pour n’avoir pas respecté les engagements souscrits par celle-ci et rendus obligatoires par l’Autorité dans la décision (...)
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The French Competition Authority fines a company for non-compliance with commitments in the funeral insurance market in La Réunion (La Mutualité de la Réunion)The Autorité de la concurrence has fined La Mutualité de la Réunion for non-compliance with commitments* In brief The Autorité has imposed a fine of €200,000 on La Mutualité de la Réunion (MR) for failing to comply with part of the commitments it had entered into before the Autorité that aimed to (...)
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The EU Commission opens public consultations on the prolongation of EU State aid regulations and guidelines for agriculture, forestry, rural areas, fishery and aquacultureThe Commission has opened two public consultations to receive contributions from interested parties on whether to prolong (i) the guidelines for State aid in the agricultural and forestry sectors and in rural areas and (ii) the block exemption regulations for the aforementioned and for fishery (...)
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The Australian Competition Authority clears a proposed merger in the printing paper market (Direct Paper / Spicers)Spicers’ Direct Paper acquisition not opposed* The ACCC will not oppose the proposed acquisition of Direct Paper by Spicers Limited, finding that alternative suppliers of commercial printing paper and direct supply arrangements between printers and paper mills will continue to provide strong (...)
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The Dutch Competition Authority opens investigation into possible buyer cartel involving reusable waste products and conducts dawn raids in the sector (Waste buyers cartel)ACM conducts investigation into possible buyer cartel involving reusable waste products* The Netherlands Authority for Consumers and Markets (ACM) is conducting an investigation into a possible buyer cartel involving certain reusable waste products. As part of this investigation, ACM conducted (...)
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Importation exclusive : La Cour d’appel de Paris réforme partiellement une décision sanctionnant des pratiques d’importations exclusives en outre-mer post loi Lurel (A.D.L.P.)Le 20 février 2020, la Chambre 5-7 de la Cour d’appel de Paris a rendu un arrêt réformant partiellement la décision n° 18-D-21 du 8 octobre 2018 relative à des pratiques mises en œuvre dans le secteur des produits de grande consommation sur les îles du territoire de Wallis-et-Futuna, par laquelle elle (...)
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Entente : La Cour d’appel de Paris confirme en tous points la décision sanctionnant une entente après le refus d’une transaction ministérielle en PAC locale (Radio Taxi Antibes - Juan Les Pins)Le 20 février 2020, la Chambre 5-7 de la Cour d’appel de Paris rejette dans son intégralité le recours du GIE Radio taxi Antibes-Juan-les-Pins contre la décision de l’Autorité de la concurrence n° 19-D-05 du 28 mars 2019, à la faveur de laquelle celle-ci avait adopté une sixième décision concernant une (...)
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1st International Mergers Conference1st edition of International Mergers Conference organised by Concurrences and University College London, in partnership with Analysis Group, Cleary Gottlieb, Compass Lexecon, Cornerstone Research, Intesa Sanpaolo, NERA Economic Consulting, Oxera, Qualcomm, Shearman & Sterling, Skadden, (...)
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The EU Commission unconditionally approves proposed acquisition of joint control in the telecommunications market (Prosegur Alarmas / Telefónica / Prosegur)Mergers: Commission approves acquisition of joint control over Prosegur Alarmas by Telefónica and Prosegur* The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of joint control over Prosegur Alarmas by Telefónica and Prosegur. The (...)
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Réforme : L’Autorité donne sa vision de l’évolution nécessaire de la politique de concurrence face aux enjeux posés par le développement de l’économie numériqueLe 21 février 2020 l’Autorité de la concurrence a rendu publique sa contribution — appelée à évoluer — au débat sur la politique de concurrence et les enjeux numériques, et ce, dans la perspective des réflexions en cours d’une part au niveau de la Commission européenne et, d’autre part, devant le Parlement (...)
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The Mexican Competition Authority fines polyethylene gloves providers for price coordination and bid-rigging in the health sector (Galeno / Holiday)COFECE sanctions polyethylene gloves providers for coordinating their prices and discounts bids in public procurement in the health sector* The Commission proved the responsibility of Galeno and Holiday in the execution of absolute monopolistic practices, also known as collusive agreements or (...)
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The Philippine Competition Commission publishes the Commission Resolution which adjusts the mandatory notification thresholds under the Philippine Competition ActRecent Developments On 17 February 2020, the Philippine Competition Commission (PCC) published PCC Commission Resolution No. 02-2020 dated 11 February 2020 (CR No. 02-2020) on its website, which adjusts the mandatory notification thresholds under the Philippine Competition Act (PCA) and PCA (...)
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The Latvian Administrative Regional Court upholds the Competition Authority’s decision on a prohibited agreement between manufacturers and traders of building materials (Kesko Senukai Latvia / Kurši)Court leaves effective a decision of the Competition Council on a prohibited agreement of “Kesko Senukai Latvia” and “Kurši”* The Administrative Regional Court in its judgments of 17 February has rejected applications of AS “Kesko Senukai Latvia” and SIA “Tirdzniecības nams “Kurši”” on cancellation (...)
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The Finnish Market Court upholds the Competition Authority’s decision to block a merger between grocery wholesalers, making it the first merger ever prohibited in the country (Kesko / Heinon Tukku)Kesko’s acquisition of Heinon Tukku blocked by the Finnish Market Court* The merger between Finnish grocery wholesalers, Kesko and Heinon Tukku, was prohibited by the Market Court on 17 February 2020. In accordance with the Finnish Competition and Consumer Authority’s (FCCA) proposal, the Market (...)
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The US District Court for the Southern District of New York clears merger between top third and fourth wireless communications providers with the judge using as main criteria testimony of "reasonable corporate executives" over conflicting economic testimonies which were deemed too static for the dynamic nature of the market at hand (State AGs / T-Mobile / Sprint)T-Mobile’s Marathon to Acquire Sprint: Five Takeaways from the T-Mobile/Sprint Antitrust Litigation After almost two years of scrutiny by state and federal regulators and an ensuing court battle, T-Mobile US, Inc. (“T-Mobile”) is moving forward with its acquisition of Sprint Corporation (...)
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Belgium: The new Book IV of the Code of Economic Law – Dotting the i’s and crossing the t’s in competition law rulesAn Act of 2 May 2019 replaced the entire Book IV of the Code of Economic Law containing the Belgian rules of competition law. Nevertheless, content-wise, the changes are rather limited. The most important changes concern the confidentiality of documents, the improvement of the position of the (...)
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Limitation periods in competition law damages actions in the EU: Are further clarification and harmonisation needed?This article discusses the limitation periods within which victims of a competition law infringement can bring an action for damages in the European Union. Firstly, it addresses the evolution of the European rules in this regard since 2005. Secondly, it provides an overview of the limitation (...)
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Antitrust: How to navigate a perilous but underappreciated compliance risk areaThe Antitrust Division of the U.S. Department of Justice recently announced that it will consider the effectiveness of a company’s corporate antitrust compliance program in criminal charging decisions and penalty recommendations and that it will enter into Deferred Prosecution Agreements in (...)
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Communications électroniques : La Cour de justice de l’Union européenne interprète la notion de fourniture de réseau de communications électroniques (TV Play Baltic)Saisie d’une question préjudicielle en interprétation, la Cour de justice de l’Union européenne (CJUE) a précisé la notion de fourniture de réseau de communications électroniques par un arrêt en date du 11 décembre 2019. Cette décision s’inscrit dans la lignée de la décision France Télévisions rendue un an (...)
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The Canadian Competition Authority fines $1.3 million for allegedly failing to adequately disclose the full price of tickets in the online ticket seller market (StubHub)The Price, the Whole Price and Nothing But the Price: StubHub Pays $1.3 Million Penalty Following Bureau Drip Pricing Probe* The Competition Bureau’s (Bureau) top priority for enforcement and advocacy is currently the digital economy (see, for example, here, here, here, here and here). And for (...)
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The Indian Ministry of Corporate Affairs notifies the draft Competition Bill 2020 which reflects the recommendations made by the Competition Law review committeeLast week, the Ministry of Corporate Affairs (MCA) notified the Draft Competition (Amendment) Bill 2020 (Draft Bill). The proposed changes reflect recommendations made by the Competition Law Review Committee (CLRC) in July 2019. Public comments may be made until 6 March 2020. The 49 page Draft (...)
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The South African Competition Authority recommends approving the acquisition subject to a number of conditions (PepsiCo / Pioneer)South Africa: PepsiCo acquisition of Pioneer recommended for approval, at a price!* On 11 February 2020, the South African Competition Commission (SACC) recommended that PepsiCo’s acquisition of Pioneer Foods, be approved, subject to a number of conditions. Despite there being no material (...)
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The Peruvian Competition Authority initiates a proceeding against construction companies and their executives for bid-rigging in the construction sector (Altesa Contratistas Generales)Indecopi has initiated an administrative sanctioning proceeding against 35 construction companies and 28 of their executives for an alleged liability of participating in bid rigging in 112 public tenders nationwide in the construction sector* The 112 tenders were convened by the Ministry of (...)
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The Dutch Competition Authority clears a merger between two data center companies (InterXion / Digital Reality)ACM clears acquisition of InterXion by Digital Realty* The acquisition of InterXion by data center Digital Realty has been cleared. Both companies commercially exploit data centers in major cities around the world, including Amsterdam. The Netherlands Authority for Consumers and Markets (ACM) (...)
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Market definition in merger control: An overview of EU and national case lawMarket definition has long lain at the heart of competition law and economics, and rumours of its death in recent years remain greatly exaggerated. Market definition remains a central topic of debate at the highest levels of competition policy : EU Commission President von der Leyen has (...)
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The EU Commission opens an in-depth investigation into a merger in the retail markets for optical products (GrandVision / EssilorLuxottica)Mergers: Commission opens in-depth investigation into proposed acquisition of GrandVision by EssilorLuxottica* The European Commission has opened an in-depth investigation to assess the proposed acquisition of GrandVision by EssilorLuxottica, under the EU Merger Regulation. The Commission is (...)
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The Russian Competition Authority analyses the state of competition in the market for seeding soybeansFAS ANALYSED THE STATE OF COMPETITION ON THE MARKET OF SEEDING SOYBEANS* The results show significant dependence of the Russian market on import of the agricultural crop The goal of the survey1 is to analyze dependence of the domestic market on supplies of foreign-developed seed material to (...)
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Urgence et concurrence : les autorités de concurrence peuvent-elles intervenir à temps ?Séminaire "Procédure et droit de la concurrence" organisé par Concurrences avec Irène Luc (Autorité de la concurrence), en partenariat avec Wilhelm & Associés et Analysis Group.
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The Croatian Competition Authority clears a merger in the pay television transmission services market (Slovenia Broadband / Tele2)Slovenia Broadband and Tele2 merger approved* In the assessment procedure of the concentration between the undertakings Slovenia Broadband and Tele2 the CCA took into account all relevant facts, the results of the legal and economic analysis and the effects of the vertical concentration on (...)
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The Swedish Competition Authority publishes a report analysis on the number of bidders and the level of litigation in Swedish public procurementA new research report analyses the number of bidders and the level of litigation in Swedish public procurement* The focus of the report is to identify key determinants of competition and litigation in Swedish public procurement and provide some guidelines to support the contracting authorities (...)
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Antitrust, anti-competition: Lessons from economicsTextbook economics provides the foundation for the legislative creation of, judicial interpretation about, and public support for, antitrust. The inbuilt bias against markets is already apparent by the wording that suggests markets have “forces” and “power”; monopolies are “natural”; and that (...)
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Dirk MIDDELSCHULTE (Unilever): How purpose-driven business charms a competition practitionerIn this interview, Dirk Middelschulte, Global General Counsel Competition for Unilever in Brussels, reviews competition law developments including in the Fast-moving Consumer Goods (FMCG) sector, and his approach, and experiences at, Unilever. Specifically, Middelschulte outlines his views on a (...)
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Common ownership under the EUMR – Sailing a bit too close to the windThe European Commission (“Commission”) concluded in Dow/DuPont (2017) and Bayer/Monsanto (2018) that common ownership must be taken as an element of context in the appreciation of any significant impediment of effective competition under the EU Merger Regulation. It is submitted in this article, (...)
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Should digital antitrust be ordo-liberal?This foreword analyses how the main characteristics of the digital economy should shape the objectives, the theories of harm, the process and the remedies of contemporary competition policy. It suggests that the ordo-liberalism offers a normative framework adapted to those characteristics of (...)
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Conflits d’intérêts et places de marché : Une approche commercialisteLes récentes investigations de la Commission européenne relatives à Amazon ont mis en lumière la problématique des conflits d’intérêts en droit de la concurrence. Cet article explore les moyens envisageables pour préserver la concurrence tout en réglementant les conflits d’intérêts inhérents aux (...)
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Faut-il généraliser les évaluations ex post ?Cette série d’articles analyse la politique française de concurrence en matière de contrôle des concentrations, et notamment la question de l’introduction du mécanisme d’évaluation ex post. Jean-Mathieu Cot (COT LAW) introduit ce dossier rassemblant les contributions de Séverine Schrameck (CGSH), (...)
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Digital & competitionThis series of articles highlights the existing debate about the role of competition policy in the digital economy. Each contribution addresses the subject from a different perspective. The first two discuss non-price strategies practiced by monopoly digital platforms and remedies that can be (...)
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EU: The criminalisation of competition law breaches - Another attempt to square the circle?This article explores the mechanisms that some Member States of the European Union have put in place to criminalise the enforcement of competition law. It highlights the rationale behind the criminalisation of competition law breaches in those few European countries that have chosen to (...)
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Mobile telecommunications mergers in the EU – Remedies revisitedThe present article looks at key recent decisions on mobile mergers and examines the development of the Commission’s assessment of the respective remedies offered to overcome the competitive harm identified during the investigation. It describes the marked shift in the approach to remedies which (...)
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Poland: Regulation on unfair contractual practices in the food retail sector – An answer to inefficient private enforcement or an example of good regulation?The article focuses on relatively new law in Poland aimed at elimination of unfair commercial practices in relations between undertakings in the agricultural and food products supply chain, thus at protection of weaker players - farmers and small suppliers. The Act on counteracting the unfair (...)
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Revues : Octobre - Décembre 2019Cette rubrique Revues de Concurrences constitue une présentation des principaux articles et documents de travail en droit de la concurrence et de la régulation ou relatifs à l’analyse économique du droit, publiés principalement en français et en anglais, dans les revues juridiques ou sur Internet. Par (...)
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Serbia: Reflections on the new State aid regimeOn October 10, 2019, Serbian parliamentarians have voted in favour of adopting the new State Aid Control Act. In the past ten years, the enforcement activity in the field of State aid in Serbia has been somewhat subpar. The legal community still awaits the first decision of the State aid (...)
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Transparency in EU Procurements. Disclosure Within Public Procurement and During Contract Execution, Kirsi-Maria HALONEN, Roberto CARANTA and Albert SANCHEZ-GRAELLSThis section selects books on themes related to competition laws and economics. This compilation does not attempt to be exhaustive but rather a survey of themes important in the area. The survey usually covers publication over the last three months after publication of the latest issue of (...)
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Competition Law for the Digital Economy, Björn LUNDQVIST and Michal S. GAL (dir.)This section selects books on themes related to competition laws and economics. This compilation does not attempt to be exhaustive but rather a survey of themes important in the area. The survey usually covers publication over the last three months after publication of the latest issue of (...)
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