On July 12, 2021, the Regional Administrative Tribunal for Latium (the “TAR Lazio”) annulled the overall €228 million fines imposed by the ICA on Fastweb S.p.A. (“Fastweb”), Telecom Italia S.p.A. (“TIM”), Vodafone Italia S.p.A. (“Vodafone”) and Wind Tre S.p.A. (“Wind Tre”; collectively, the “Operators”) for an alleged cartel aimed at coordinating pricing strategies in the transition from a 28-day to a monthly billing period (so-called repricing).[1]

Cleary Gottlieb partners Matteo Beretta, Daniel Culley, Frédéric de Bure, Maurits Dolmans, Paul Gilbert, Francisco Enrique González-Díaz, Thomas Graf, Romina Polley, Kenneth Reinker, Robbert Snelders, and Antoine Winckler, counsel Katharina Apel and Gianluca Faella, senior attorney John Messent, and associates Eugene Kim, Natalia Latronico, Henry Mostyn, Martha Smyth, and Nuna Van Belle contributed to The Dominance and Monopolies Review – Ninth Edition, which was published by Law Business Research.

On July 12, 2021,[1] the French Competition Authority (the “FCA”) imposed a €500 million fine on Google for having allegedly not complied with four of the seven injunctions imposed on the company in its April 2020 interim measures’ decision.[2] This is the highest fine ever imposed by the FCA for non-compliance with injunctions. The investigation on the merits is still ongoing.

In a July 7, 2021 ruling, the Cour de cassation dismissed the appeal of the French Competition Authority (“FCA”) in the Sanicorse case, confirming the Paris Court of Appeals’ holding on excessive prices and, more generally, unfair terms (also called “exploitative abuses”).[1] This is a major setback for the FCA, which intended to use the legal reasoning developed in the Sanicorse decision in other (pricing or non-pricing) unfair terms cases.

On July 6, 2021, the Court of Naples upheld a claim for damages filed by a logistics company (the “Applicant”) against one truck manufacturing company (the “Defendant”) in connection with the purchase of a truck falling within the scope of a European Commission decision of July 2016 (the “2016 Decision”).[1] The 2016 Decision established that the Defendant and four other truck manufacturers colluded for 14 years on truck pricing and on passing on the costs of compliance with emission rules.[2] While several similar claims are currently pending in Italy, this is the first known case in which a court awarded damages.

In six judgments dated June 30 to July 1, 2021,[1] the Lazio Regional Administrative Court (the “TAR Lazio”) set aside an infringement decision issued by the Italian Competition Authority (“ICA”) against eleven Italian banks[2] and the Italian Banking Association (the “ABI”). The ICA decision concerned an alleged anticompetitive agreement aimed at coordinating business strategies in order to determine the remuneration model for the Sepa Compliant Electronic Database Alignment (“SEDA”) service.[3]

On September 24, 2019, the General Court annulled a €33.6 million fine imposed by the Commission on HSBC for its participation in the Euro Interest Rate Derivatives (“EIRD”) cartel.[1] The General Court upheld the infringement finding, but annulled the fine because the Commission had failed to sufficiently explain its fine calculation methodology, as previously reported.[2]

On June 24, 2021,[1] the French Competition Authority (“FCA”) issued a decision closing ten years of investigation for alleged retail price maintenance (“RPM”) practices by Kärcher and dismissed the case. This is one of the rare instances where the Collège has dismissed a case for lack of evidence after objections were notified to the party.

On June 23, 2021, the German Federal Cartel Office (“FCO”) published its Annual Report 2020/2021[1] as well as its biennial Activity Report 2019/2020. Andreas Mundt, the President of the FCO, pointed out that the FCO’s enforcement activities continue to focus on the digital economy and consumer protection—especially with the help of the FCO’s new enforcement tools created by the recently introduced 10th Amendment of the German Act Against Restraints of Competition (“ARC”)[2]. The reports also provides various enforcement statistics that show that the FCO continues to be a highly active competition law enforcer in the EU.[3]