Acted for E (Gas and Electricity) in the context of Ofgemâs first completed investigation into anti-competitive agreements within the UK energy sector. The Commission also provides a leniency policy, under which companies that whistle blow over the anti-competition policies of cartels are treated leniently and may obtain either total immunity or a reduction in fines. Practice head John Schmidt is noted for his credentials in UK and EU competition investigations. "[134] This means once a working day deliveries and pick-ups, and that services that could be reserved for state monopolies include "clearance, sorting, transport and delivery of items of domestic correspondence and incoming cross-border correspondence". Article 86 refers first of all to "undertakings", which has been defined to restrict the scope of competition law's application. âStephenson Harwood does not just provide sound legal advice; they also understand the industry and premises that the company/individual they are providing services to and ensure that the advice is catered to them specifically. [7] These problems have been magnified by the increasingly unmanageable workload of the centralised corporate notification system. Advising Schlumberger on obtaining merger control clearance across the EU and 12 other jurisdictions of its joint venture with Rockwell Automation. Peter Willis heads up the practice; Richard Eccles is also a key contact. Garnering praise for its âcomprehensive technical knowledgeâ, elite Scots firm Dickson Minto WS advises an impressive roster of clients - primarily drawn from the firm's core focus area of private equity - on matters such as merger control, behavioural advice and competition compliance. The practice is led by the trio Sam Szlezinger, Alexandra Kamerling and Sarah Smith. However, despite this requirement under European law to establish an effective legal framework enabling victims to exercise their right to compensation, victims of European Union competition law infringements to date very often do not obtain reparation for the harm suffered. But though the law cannot hinder people of the same trade from sometimes assembling together, it ought to do nothing to facilitate such assemblies; much less to render them necessary. The practice often works on a cross-departmental basis with the IP team in relation to issues involving the crossover of IP and competition law. Duncan Liddell; Neil Cuninghame; Steven Vaz, âAshurst is professional, conscientious, and more than able to provide strategic advice.â, âThe team adopts a partner-led approach, with highly experienced partner input at all times.â, âVery deep sector knowledge, coupled with a practical application of the legislative and regulatory landscape.â, âAn extremely knowledgeable and capable team, which is very pleasant to deal with and stays at the cutting edge of the latest competition law developments.â, âThis team is second to none. The European Commission launched a sector inquiry into EU pharmaceuticals markets under the European Competition rules because information relating to innovative and generic medicines suggested that competition may be restricted or distorted. Advising AmTrust Financial Services on the merger control aspects of the merging of AmTrust Lloydâs business with Canopius AG. A&O's high profile client base includes corporations, public sector bodies and banks, with the firm's experience spanning sectors including TMT, energy and infrastructure, and financial services, among others. Mark Friend leads the UK antitrust group, where Alasdair Balfour, Philip Mansfield, Dominic Long and counsel Thomas Masterman are also standout practitioners. Reed Smith LLP has significant experience handling merger clearance procedures and UK and EU investigations. This website uses cookies to improve your experience. Chris Bryant is a state aid expert with the ability to explain difficult, technical legal concepts in simple terms. Articles. The task of tracking down and punishing those in breach of competition law has been entrusted to the European Commission, which receives its powers under Article 105 TFEU. âExcellent at cutting through the myriad of rules and technicalities to give practical advice.â, âVery practical, well-spoken and understanding of the nature of our business. He offers solutions no one else has thought of.â, âTravers Smith is an exceptional firm that is populated by extremely bright and personable professionals who are genuinely interested in understanding our business so that they can provide extremely high quality advice, that is razor sharp, and timely. They guarantee active partner engagement and focus on securing great outcomes and giving crystal clear advice (they do not sit on the fence). Another key facet of the groupâs work involves advising clients on their global competition strategy and assuming a multi-jurisdictional coordinating role. Acted for Post Office on the acquisition of Payzone Bill Payments from Payzone UK. The lawyers are friendly and calm, and get results; they seem to have an infinite production-line of excellent associates coming through, so the firm can staff work at appropriate levels.â, âThe practice has a depth of knowledge and experience in competition law. This is highly efficient as it saves time and money for the client. "Undertaking" was a term that should be reserved for entities that carried on some kind of economic activity. Advice is presented clearly, and is commercially sound.â, âNicole Karâs strategic advice was very valuable, particularly at the time in which we were liaising with the CMA. Hogan Lovells International LLPâs recent workload testifies to its strength in merger control matters; a team led by Ciara Kennedy-Loest acted in conjunction with the Washington DC- and Brussels offices in assisting IBM with the global merger clearance aspects of its $34bn acquisition of Red Hat Inc. In the Corbeau case,[132] Mr Corbeau had wanted to operate a rapid delivery service for post, which infringed the Belgian Regie des Postes' exclusive right to operate all services. âThey know the rules well and have experts in multiple EU member states but teamed up well to serve our needs.â, âPeter Crowther is a seasoned competition law expert who not only handles EU but also UK specific competition legal issues and is able to think ahead in corporate clientsâ shoes to manage such risksâ, âI found Peter Crowther and his team to be incredibly caring about our situation and extremely knowledgeable about the issue we were encountering. Trustworthy, proactive and always seek to find the best solution for the client.â, âMatthew Rose combines in-depth legal and technical skills in an excellent way and has an unique oversight and stays on top of the issues at hand. over a period of 14 years, those companies colluded on truck pricing and on passing on the costs of compliance with stricter emission rules. Angelique Bret is a versatile lawyer with the Midas touch with clients, also having an uncanny ability to calm even the most difficult client. Led by Davina Garrod, the London team operates as part of the US-based firmâs global antitrust offering, working with leading corporations and financial institutions. Praised by clients for its partner-led approach, Ashurst focuses on market investigations, regulatory issues and merger control advice. Their ability to address and hone in on the issue at hand is excellent.â, âHigh degree of experience and expertise as well as commercial understanding and overall business insight. With regard to abuse, it is possible to identify three different forms that the EU Commission and Courts have recognised. A conglomerate merger is merger between two strategically unrelated firms. A senior partner that goes deep into the trenches.â, âJonathan Ford is very responsive and a pleasure to work with â a very strong talent.â, âVerity Egerton-Doyle is a superb senior associate who is also brilliant to work with and brings good ideasâ, âAnna Mitchell made us feel very supported at all times. âI have been privileged to build a working relationship with the team for many years. One of the most spectacular sector inquiry was the pharmaceutical sector inquiry which took place in 2008 and 2009 in which the European Commission used dawn raids from the beginning. A true merger, under to competition law, is where two separate entities merger into an entirely new entity, or where one entity acquires all, or a majority of, the shares of another entity, and is able to have control over that entity. Advised Inmarsat on the merger control and foreign investment elements of its takeover by a consortium formed of funds advised by Apax Partners LLP, Warburg Pincus LLC, Canada Pension Plan Investment Board and Ontario Teachersâ Pension Plan Board. Advising Dignity, one of the UKâs largest providers of funeral services, on the CMAâs market investigation into funerals and crematoria services. Given the still developing nature of the east-central European new market economies, the already inundated Commission anticipated a further significant increase in its workload. Therefore, the Antimonopoly Office - AO (Urząd Antymonopolowy - UA) was appointed under this act, and commenced its operation in May once the Council of Ministers passed the charter. Advised Sports Direct on the merger control aspects of its public bid for Game Digital and obtained merger clearance from the European Commission. [4] They found that Grundig, a German manufacturer of household appliances, acted illegally in granting exclusive dealership rights to its French subsidiary. Toby knows how to communicate with in-house counsel and executive teams, and even more important is very adept at reading the subtleties and nuances of regulators. Implementation of EU laws by member countries. Advised American Securities and Lindsay Goldberg on the EU and UK merger control aspects of their $2.4bn acquisition of government and defence contractor Aecom Management Services. Advising Ebiquity in relation to achieving unconditional Phase II clearance of its merger with Nielsen. Within the Romanian Competition Authority, there also are since 2011 the Railway National Council (Consiliul Naţional de Supraveghere din Domeniul Feroviar)[103] and since 2017 the Naval Council (Consiliul de Supraveghere din Domeniul Naval)[104] These two structures have exclusively supervisory and regulatory functions. She is very hard working, always making herself available to discuss matters at short notice, and has a good eye for detail.â, âRichard Brown is a creative problem solver with deep knowledge, a great work ethic and a very easy personal style.â, âThe team is very capable, very much available and importantly, pragmatic and practical in their advice. Advised a leading biopharmaceutical manufacturer in respect of a European Commission process concerning an alleged abuse of dominance case. Under this Article, the European Commission is charged with the duty of ensuring the application of Articles 101 and 102 TFEU and of investigating suspected infringements of these Articles. Acting across the full gamut of competition law issues, the work of Slaughter and Mayâs âfirst-classâ team spans complex merger control matters, antitrust investigations, market inquiries and consumer law issues. Since its launch five years ago, the group has established itself as a popular destination for blue-chip clients due to its exclusively partner-led approach to high-profile mergers and high-profile UK and EU investigations. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. The teamâs core sectors of focus include technology, financial services, energy and infrastructure. Advised Cyrus Capital Partners and Connect Airways in securing Jersey and EU merger control clearance for the acquisition of Flybe Group and its subsidiaries. Students on the MA course are required to write a dissertation under supervision. Finally, the firmâs ability to understand other jurisdictionsâ antitrust regimes is something that we have not seen with other foreign firms.â, âThe team works together in a seamless way â it handles all issues very efficiently. Â. The Hogan Lovellsâ team are dedicated to delivering clear and balanced advice. As far as agreements are concerned the mere anticompetitive effect is sufficient to make it illegal even if the parties were unaware of it or did not intend such effect to take place. The advice is stellar and the communication is clear. [91], In 2014, the European Parliament and European Council issued a joint directive on 'certain rules governing actions for damages under national law for infringements of the competition law provisions of the Members States and of the European Union'.
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