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The latest collective action has been given the thumbs up by the Competition Appeal Tribunal (CAT) to proceed against Apple in a £1.5bn claim. The CAT confirmed that British academic Rachael Kent can bring the action against the tech giant on behalf of millions of UK iPhone and iPad users over alleged overcharging for App […]
An Allen & Overy partner is moving to Kirkland & Ellis, in what will be the second high-profile exit from its London competition group in little over a year. Alasdair Balfour is set to join Kirkland after nearly nine years at A&O. The magic circle firm hired him as a partner in 2013 from Fried […]
The Court of Appeal has cut LG’s costs award by nearly 25 per cent after it failed to explain why Cleary Gottlieb charged “more than double” guideline hourly rates. Korean tech giant LG sought to reclaim £72,818 in costs after it defeated attempts by Samsung, represented by Covington & Burling, to argue that a liability […]
Cooley has added its third lateral to the firm’s global competition practice in two weeks, this time hiring a longstanding Linklaters partner. Jonas Koponen is moving to Cooley’s Brussels office after two decades at the magic circle firm. During his time at Linklaters, he served as its global head of competition between 2015 and 2019. […]
CMS has lost one of its co-heads for competition and trade to international law firm Cooley. Caroline Hobson started her new role yesterday and has joined the firm’s antitrust and competition practice group. She advises on a wide range of EU and UK competition law, regulatory issues and foreign investment control in the UK. “Cooley […]
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 May Competition 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 […]
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
The CMA recently launched its much anticipated review as to how competition law should apply to many common types of commercial arrangements (including, among others, distribution agreements (including exclusive and selective distribution), agency and franchising). It will, of course, be relevant in the automotive sector, bearing in mind that dealer agreements now fall under the “general” competition law rules rather (with the Motor Vehicles Block Exemption being confined to aftermarkets).
The Commission for the Protection of Competition (CPC) fined retail chain Kaufland Bulgaria Lev343,417 (approximately €175,000) for abuse of a superior bargaining position. The fine was requested by alcohol producer Keti-94 Ltd – Plovdiv. The fine’s amount is 7% of Kaufland’s net revenues from the sale of the products subject to the violation for 2019. […]
By Bernardine Adkins, Sean Giles In 2018, new measures were introduced to expand the scope of government intervention in mergers. This year, the government’s briefing note accompanying the Queen’s Speech proposes new rules on investment screening. What does this mean for business? Our experts examine the existing UK foreign direct investment rules, and explain what any […]
Have you ever considered using fiduciary management services? Does your scheme have a fiduciary manager? Are you considering appointing or replacing a fiduciary manager? If so, you should already be considering the implications of the Competition and Markets Authority’s final report into the investment consultants market. The new requirements arise from concerns around the operation of the […]
European Competition Law Review provides an update of developments in EU law and the national laws of EU Member States, as well as the other major trading nations for the competition or antitrust lawyer. Issue 5 has contributions from Ana Keri and Piedade Castro e Sousa…
For decades, Germany has been one of the biggest foreign investors in the UK. While the British love to talk about their ‘special relationship’ with the United States, there is now every chance that, in a post-Brexit world, Germany will become the UK’s new priority…
…One of the main purposes of the new legislative framework is to implement Directive 2014/26/EU on collective management of copyright and related rights and multi-territorial licensing of rights in musical works for online use in the internal market. The amendment also responds to some practical issues in relation to the licensing of copyrighted works, and […]
On 6 April 2017, the Austrian Parliament adopted significant amendments to Austrian competition law. The amendments concern three main areas: (i) implementation of the EU Damages Directive; (ii) introduction of an additional transaction value test in merger control; and (iii) certain adjustments to strengthen public enforcement of antitrust infringements…
A major plank of Trump’s candidacy was that of trade protection of US industry. Contrast that with the situation in the UK, where the current UK government continues to promote a free and open trade policy. It is not surprising, therefore, that little consideration in post-(hard) Brexit discussions has been given to the future of […]
Dieter A Hofmann and Oliver M Kunz Treaties Is your country party to any bilateral or multilateral treaties for the reciprocal recognition and enforcement of foreign judgments? What is the country’s approach to entering into these treaties and what if any amendments or reservations has your country made to such treaties? Switzerland is party to […]
