Quinn Emanuel Urquhart & Sullivan and Freshfields Bruckhaus Deringer will go head-to-head next year, as the US firm moves one step closer to bringing the largest class action lawsuit in the UK courts. Lord Justices Patten, Hamblen and Roth have given Quinn the right to challenge the Competition Appeal Tribunal’s (CAT) refusal to grant the […]
Baker Botts has made further moves in Europe, with the hire of Hogan Lovells’ Brussels managing partner Matthew Levitt. Levitt joins Baker Botts after almost 17 years at Hogan Lovells where he focused on transactional, advisory and contentious EU and UK competition law. He has particular expertise in the shipping, ports, oil and gas, industrial manufacturing and […]
Judges in the Court of Appeal have adjourned a hearing in the £14bn consumer claim against Mastercard, meaning Freshfields Bruckhaus Deringer and Quinn Emanuel Urquhart & Sullivan may have to wait until next year to learn whether or not the case will proceed. The decision to adjourn was taken last week, with Lord Justice Patten understood to have […]
Royal Mail has called on long-term adviser Ashurst as it has filed to appeal the £50m fine Ofcom hit the postal service with earlier this year for breaching antitrust rules in its sector. The seven-point appeal sees the firm argue that its client’s fine was “manifestly disproportionate” and that the infringement’s short duration coupled with […]
Dechert’s trade co-chair Miriam Gonzalez is to leave the firm, after it was revealed she would be moving to California with her husband Nick Clegg, the former deputy prime minister, who has been named as Facebook’s head of global policy and communications. Gonzalez is one of Dechert’s most recognisable faces in London, having joined the […]
Cadwalader’s decision to close its Beijing and Hong Kong offices will provide short-term relief to the firm’s financial results, but it won’t solve the real problems the firm has in the US.
Slaughter and MayCompetition team of the year The award-winning Slaughter and May competition team won an advisory spot last year on a groundbreaking appeal in the electricity and gas sector. The firm advised Northern Powergrid as it lodged an appeal to the Competition and Markets Authority (CMA) against Ofgem’s decision to modify the electricity […]
The complexities of sleeping on the job and the perils of loose talk are among the subjects tackled by this week’s experts.
This week’s top briefings writers from TheLawyer.com cover the regulatory and competition sectors, including how philanthropic fundraising through crowdfunding can clash with insurance claims, new UK public procurement rules, and Ukraine sanctions law.
A hi-tech sector on a roll, growing Chinese investor interest, rows over competition law and booming M&A – things are buzzing for Israel’s lawyers.
UK competition lawyers have a new regulator and new rules to follow when handling mergers. Is it ‘business as usual’ as the old OFT and CC promised? April 2014 marked the beginning of a new era for the UK’s competition lawyers. Partly due to the Government’s drastic programme of spending cuts, the UK scrapped its […]
Panellists at The Lawyer’s recent Romania briefing heard much to encourage them to get involved in the country When it comes to investing in Romania there’s no time like the present, according to panellists at The Lawyer’s recent Briefing Live event on the country, held in association with Popovici Nitu & Asociatii. The watchword was […]
Magic circle firm’s ACT dept refuses to play second fiddle to corporate. By Gavriel Hollander Freshfields Bruckhaus Deringer’s antitrust, competition and trade (ACT) team has, it is fair to say, stood head and shoulders above its UK rivals for some time. But with merger control not the lucrative stream it once was, this might be the […]
US-style class actions have been avoided… for the time being, says Kit Chellel
By Quin Gilbert-Walters, Ian Macdonald On Sept. 27, the Competition Bureau and the Public Prosecution Service of Canada (PPSC) announced the revised Immunity and Leniency Programs to enhance the Bureau’s ability to detect, investigate, and prosecute anti-competitive conduct that violates the provisions of the Competition Act and the Criminal Code. The Programs provide incentives for parties who […]
By Jocelyn S Paulley In an ever more digital and data-driven world, it will become increasingly important for General Counsel to be able to navigate the web of digital protectionist laws (laws that prevent the overseas collaboration that is needed for technology to properly develop), in much the same way that they have needed to know […]
By David E Brennan The widely reported and still ongoing China-US trade war is still very potent as the ‘tit for tat’ nature sees almost weekly retaliations by each country to respective trade tariffs on goods and services. Interestingly, our report on global protectionism has found that both are poles apart where levying […]
By Claudia Bock In April 2018 the Office for the Protection of Competition adopted new guidelines on the method of setting fines for competition law infringements, noting that the need for a revision of the previous guidelines had emerged in the wake of developing case law, as well as amendments to the Act on the Protection […]
By Miles Trower Few would deny the capacity for fintech to deliver significant benefits to customers across financial services, from banking and payments to digital currencies, wealth management and insurance. A recent study – Competition issues in the Area of Financial Technology – published by the European Parliament notes fintech’s “…enormous potential in improving financial inclusion…[and] providing more […]
By Miles Trower Last month the Competition Appeal Tribunal (CAT) confirmed that an online sales ban in the context of selective distribution agreements constituted a restriction of competition by object. The CAT gave judgment in the appeal by Ping Europe Limited (Ping) against the decision of the UK Competition and Markets Authority (CMA). The CMA’s […]
Presidential Decree no. 240/18 of 12 October (the “Regulation”) was published recently and further develops the framework of Law no. 5/18 of 10 May – the Competition Law. The Regulation clarifies and put into effect certain rules and procedures in the context of competition law. In particular, they address the rules on restrictive practices, merger […]
In April 2018 the Office for the Protection of Competition adopted new guidelines on the method of setting fines for competition law infringements,(1) noting that the need for a revision of the previous guidelines had emerged in the wake of developing case law, as well as amendments to the Act on the Protection of Competition. The […]
By Roger Wagland In its 24th annual law firm survey, produced in collaboration with The Lawyer, Smith & Williamson sought the opinions of more than 130 law firm senior UK executives to understand their current attitudes towards Brexit and the broader levels of business confidence in the market. This barometer of the concerns and opportunities seen […]
By Fraser Vandal Back in summer, the UK Government published a Statement of Intent containing details of the EU Settlement Scheme that it is envisaged will apply to EU nationals in the UK post-Brexit. The key policy change from the current position is that under the Scheme, EU Nationals will need to make an application […]
By András Nagy, Anna Turi, Mark Kovacs In recent years, the Hungarian Competition Authority (HCA) has seemingly aimed to foster cooperation between itself and market participants. Recent case law shows that the HCA strives for cooperation even when market participants allegedly commit grave infringements of the competition rules. Market participants are advised to harness this […]
By Joao Afonso Fialho, Jose Miguel Oliveira, Angela Viana The fifth edition of this book aims to continue to provide those involved in handling shipping disputes with an overview of the key issues relevant to multiple jurisdictions. We have again invited contributions on the law of leading maritime nations, including both major flag states and […]
