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January 15 2021
- European Union, Germany, United Kingdom, USA January 15 2021
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On 20 April 2022, following a lengthy consultation, the UK government announced final plans to strengthen its merger and antitrust regime. Designed to address a concern that competition in the UK may have weakened over the past 20 years, the plans are wide-ranging.
May 13, 2022 · The UK Government's wide ranging reforms to the competition regime announced on 20 April 2022 (see our client alert here) include a key change to the antitrust enforcement regime. The Chapter I prohibition in the Competition Act 1998 (CA98) (the UK’s Article 101 TFEU equivalent) will be amended to apply to anti-competitive agreements ...
Brussels, 8 July 2021. The European Commission has found that Daimler, BMW and Volkswagen group (Volkswagen, Audi and Porsche) breached EU antitrust rules by colluding on technical development in the area of nitrogen oxide cleaning. The Commission has imposed a fine of € 875 189 000.
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Jul 22, 2024 · Commission carries out unannounced antitrust inspections in the financial services sector. Press release. 5 September 2024.
Jan 15, 2021 · European Union, Germany, United Kingdom, USA January 15 2021 Welcome to our latest look at the 10 biggest trends in the world of antitrust. 2020 turned out like few, if anyone, had expected.
The European Commission has found that Bank of America, Natixis, Nomura, RBS (now NatWest), UBS, UniCredit and WestLB (now Portigon) have breached EU antitrust rules through the participation of a group of traders in a cartel in the primary and secondary market for European Government Bonds (‘EGB'). Fines totalling € 371 million are imposed ...
Apr 28, 2022 · The amendments will introduce a number of changes to the enforcement of the behavioural antitrust rules in the Competition Act 1998, namely the Chapter I prohibition (the prohibition on anticompetitive agreements and cartels) and the Chapter II prohibition (the prohibition on abusing a dominant position).
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