Abuse

On March 7, 2019, the Italian Competition Authority (the “ICA”) made legally binding the commitments offered by Monte Titoli S.p.A. (“Monte Titoli”), a subsidiary of Borsa Italiana (which belongs to the London Stock Exchange), active in the post-trading sector.[1] Monte Titoli’s commitments were found to address adequately the ICA’s concerns that the company may have infringed Article 102 TFEU by abusing its dominant position on the securities trading settlement market in order to squeeze competitors’ margins in the custody services market.

On February 25, 2019, the FCO concluded its abuse of dominance investigation against the German National Olympic Committee (Deutscher Olympischer Sportbund, “DOSB”) and the International Olympic Committee (“IOC”) with a commitment decision.[1] The FCO had launched its investigation in 2017, following a complaint by the German Association of the Sporting Goods Industry (Bundesverband der Sportartikel-Industrie).

On February 14, 2019, the Commission published a decision, adopted on December 7, 2018,[1] accepting commitments offered by TenneT, an electricity transmission system operator (“TSO”), to remove restrictions on, and in the long term also to increase, the maximum capacity of the electricity interconnector between Germany and West Denmark (“the DE-DK1 interconnector”).

On February 6, 2019, the German Federal Cartel Office (“FCO”) prohibited Facebook’s practice of collecting and processing user data from Facebook’s own services as well as from third-party services without users’ freely given consent.[1] After an investigation of nearly three-years, the FCO found that this practice amounted to an exploitative abuse of a dominant position. For the first time, the FCO considered compliance with data protection rules in its abuse of dominance analysis.

In three judgments delivered in December 2018 and January 2019, the Spanish Supreme Court confirmed the annulment of fines amounting to a total of €120 million imposed on the three main telecoms operators in Spain (i.e., Telefónica, Vodafone and Orange) for abuse of dominance in the wholesale markets for the termination of text messages (“SMS”) and multimedia messages (“MMS”).[1]

The Commission issued fines totaling €6.5 billion in 2018, which is a new record and almost double the amount of competition fines in 2017.

The Commission issued fines totaling €6.5 billion in 2018, which is a new record and almost double the amount of competition fines in 2017.

On December 20, 2018, the Italian Competition Authority (“ICA”) fined Enel, a multinational energy company active, among other things, in the distribution and sale of electricity in Italy, over €93 million for abusing its dominant position on certain local markets for the retail supply of electricity.[1] On the same day, the ICA issued two decisions in parallel cases concerning similar allegations against two other companies.[2]