The European Commission was ordered to pay interest after the annulment of a fine it had imposed

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Related briefings

Portuguese Competition Authority presents its overall results for 2018

In its February newsletter, the Portuguese Competition Authority (PCA) reported that, in 2018, it ordered two companies to pay fines in the amount of EUR 12 million and EUR 370,000. It also carried out four dawn raids and issued four Statements of Objections. As regards merger control, the PCA adopted forty-eight decisions and two of […]

Portuguese Competition Authority issues opinions on the energy and transport sectors

On 7 February 2019, the Portuguese Competition Authority issued an opinion in the context of a public consultation of the Plan for the Development and Investment in Natural Gas’ Distribution System for the period 2019-2023. This opinion warned about the existence of information discrepancies that benefit the distribution system operators. It also conveyed the importance […]

Portuguese competition authority issues statements of objections against supermarket chains and beverage suppliers

On 21 March 2019, the Portuguese Competition Authority (PCA) issued three Statements of Objections against six large food retail groups (Modelo Continente, Pingo Doce, Auchan, Intermarché, Lidl and E. Leclerc) and three beverage suppliers (Sociedade Central de Cervejas, Super Bock and PrimeDrinks). According to the PCA, between 2003 and 2017, the said supermarket chains allegedly […]

Court of Justice clarifies that private claimants are entitled to seek damages against dissolved or restructured companies

Finland’s Supreme Court referred the following questions to the Court of Justice of the European Union (CJEU) for a preliminary ruling: (i) whether the determination of which companies caused the damage and, as such, are liable for the compensation of harm caused by the infringements of competition law should be governed by internal law or […]

Latest Briefings

Pooling resources and risk: Key considerations for retail joint ventures

By James Crayton, Gwendoline Davies To survive – even thrive – in uncertain times and in a challenging market, retailers need to be open-minded to opportunities for improving efficiency and targeting growth. One option that many high street names are choosing in the current market is the joint venture. Retail joint ventures – practical considerations […]

Debt capital markets 2019

By David Lopez, Adam E Fleisher, Julian Cardona 1. What types of debt securities offerings are typical, and how active is the market? The most common debt securities offerings in the Portuguese market consist of bonds, notes, covered bonds, commercial paper and certificates of deposit. In general, debt securities in Portugal are issued by corporates […]

Busy lenders’ round-up – April 2019

By Deborah Sheldon The latest news and developments in retail mortgage lending and regulation. This month in summary: News Concerns over discrimination in the private rented sector Innovation in the private rental sector Housing Committee report calls for reform of leasehold in England and Wales Tax bills drive second charge lending surge Increase to FOS […]

FCA business plan 2019/2020 – an overview

By Michael Ruck On 17 April 2019, the FCA issued its Business Plan for 2019/2020 which sets out the regulator’s key priorities for the coming 12 months. We’ve prepared a brief overview of the plan to give you a quick idea of how the changes will affect your firm in practice over the next year. […]

Direct marketing and consent FAQs | GDPR periscope series

By Emma Erskine-Fox, Brian Craig Direct marketing questions continue to befuddle marketers and data practitioners alike. Whilst marketing success and GDPR compliance are not mutually exclusive, the interplay between different pieces of legislation can make this a confusing area. A year after marketing consents were refreshed, below we answer four of our most commonly-received marketing […]

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