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On February 7, 2022, NVIDIA announced the termination of its agreement to acquire Arm Limited (“Arm”), a UK-based semiconductor design company of the SoftBank Group.[1] Following its announcement in September 2021, the transaction, which would have been the largest of its kind in the semiconductor sector, had attracted significant regulatory interest across the globe.

On February 4, 2022, the Commission released a revised draft dual distribution guidance[1] within the broader context of the ongoing review of EU vertical rules.

On February 3, 2022, the German Federal Cartel Office (“FCO”) declared that it will not—at this stage—launch an investigation in the area of Domain Name System (“DNS”) services.[1]  Following indications from market participants, the FCO conducted a preliminary investigation lasting several months, but found that the suspicion of anticompetitive conduct in this field has not been substantiated.

On February 2, 2022, the General Court dismissed Scania’s trucks cartel appeal and essentially endorsed the Commission’s hybrid cartel procedure that bifurcates the Commission’s investigation into a settlement path with willing parties and an adversarial path with any hold outs.[1] The General Court was satisfied that the Commission examined all the facts and arguments that Scania (a non-settling party) brought before it afresh, and in particular, without relying on the facts or conclusions reached during the settlement procedure, which ensured a fair and impartial adversarial procedure.

On February 1, 2022, the ICA imposed a fine of approximately €10 million on G2 Misuratori S.r.l., Maddalena S.p.A., Itron Italia S.p.A., Sensus Italia S.r.l. and WaterTech S.p.A. (the “Companies”) for having participated, between December 2011 and September 2019, in an agreement restricting competition in at least 161 public tenders launched by national integrated water service operators for the procurement of meters for the legal measurement of water consumption.

On January 31, 2022, the Commission launched a formal investigation of Pierre Cardin and its largest licensee, the Ahlers Group (“Ahlers”) concerning the restriction of cross-border and online sales of Pierre Cardin-licensed products.[1] The Commission will investigate whether Pierre Cardin’s licensing agreement with Ahlers restricted parallel imports and sales to specific customer groups.