On December 7, 2021, the Commission, the United States Federal Trade Commission (“FTC”) and the United States Department of Justice Antitrust Division (“DOJ”) published a Joint Statement establishing the EU-U.S. Joint Technology Competition Policy Dialogue (the “Policy Dialogue”).
Justin Gutmann v London & South Eastern Railway And South Western Trains, Stagecoach South Western Trains
On 6 December 2021, the CAT published a ruling on permission to appeal and costs, following its earlier judgement that refused to strike out collective proceedings brought by Mr. Justin Gutmann against London & South Eastern Railway and South Western Trains, Stagecoach South Western Trains.
New EU Rules for Regional Subsidies to Enter Into Force
Businesses applying for aid in disadvantaged regions of the EU will face new rules after December 31, 2021.
The new
Cleary Gottlieb Antitrust Developments in Europe 2020
Cleary Gottlieb partners Romano Subiotto QC and Robbert Snelders, in collaboration with our Antitrust practice, are thrilled to present
The Paris Court of Appeals Annuls for the Second Time the Fines Imposed by the French Competition Authority on 11 Banks in 2010 Decision
In a ruling dated December 2, 2021, the Paris Court of Appeals overturned a 2010 decision in which the French Competition Authority (the “FCA”) had fined 11 major French banks for colluding on check handling fees, possibly bringing the 11-year saga to an end. The ruling confirms that the concept of by-object restriction should be interpreted restrictively, in line with a judgment issued by the French Cour de cassation in the same case in 2020.
The FCO’s Enforcement Actions In 2021 In Relation To Resale Price Maintenance
In 2021, the German Federal Cartel Office (“FCO”) concluded three major proceedings on resale price maintenance and vertical price fixing. It fined five musical instrument companies a total of € 21 million for resale price maintenance and horizontal price-fixing, a backpack maker € 2 million for setting minimum retail prices, and consumer electronics manufacturer € 7 million for resale price maintenance. These cases illustrate that the FCO considers resale price maintenance a serious infringement for which it imposes significant fines.
Developments In 2021 In Relation To Horizontal Agreements
In 2021, the German Federal Cartel Office (“FCO”) concluded a long-lasting proceeding into price fixing and information exchange in the stainless steel sector after it had already in early 2021 fined steel forgers € 35 million for information[1], while it unsuccessfully defended its decision relating to an alleged “Kölsch” beer cartel before the Düsseldorf Court of Appeal (“DCA”). The FCO will find itself before the courts again soon as it has appealed the DCA’s “Kölsch” beer cartel judgment and two undertakings have appealed the FCO’s stainless steel cartel decision.
Kelkoo.com (UK) Limited & Others v Google UK Limited & Others
Dune Shoes Ireland Limited & Others v Visa Europe Limited & Others
On 26 November 2021, the CAT ruled on eight sets of proceedings associated with the Mastercard or Visa payment cards schemes. The card schemes are alleged to have set multilateral interchange fees (MIFs) for their schemes at anticompetitive levels and therefore infringed Article 101 and/or 102 of the Treaty on the Functioning of the European Union (TFEU) and the Chapter 1 and/or 2 Prohibition of the Competition Act 1998.
The Paris Court of Appeals Overrules Paris Commercial Court’s Dismissal of Follow-on Damage Claim in the Dairy Products Case
On November 24, 2021, the Paris Court of Appeals overruled the Paris Commercial Court’s dismissal of the follow-on damage claim brought by two supermarket chains in the dairy products case.[1] The Court of Appeals considered that the applicants had sufficiently substantiated the economic assessment of their harm. It also considered that they had only partially passed on the additional costs and therefore could claim damages for the costs that had not been passed on to consumers.