Minority acquisition headed for first prohibition in Norway

Minority acquisition headed for first prohibition in Norway

By Marianne Henne Møller and Simen Klevstrand, Haavind (Norway) The Norwegian Competition Authority (the “NCA”) has warned Sector Alarm Group AS that its acquisition of a non-controlling stake in a competitor may be blocked. Unless the parties are able to resolve the NCA’s concerns by 29 March, they face the first prohibition of a minority acquisition under Norway’s 2004 Competition […]

The Siemens-Alstom merger-thriller – indicator of a new era for European champions?

The Siemens-Alstom merger-thriller – indicator of a new era for European champions?

The proposed Siemens-Alstom merger (Case M.8677) has kept many parties on their toes since it was notified in June 2018, from the parties themselves to the EU Commission and even to national governments. With the recent remedies offered by the parties to secure clearance of the merger allegedly unofficially rejected today, there is little hope left the merger will go […]

The Karstadt – Kaufhof merger decided

The Karstadt – Kaufhof merger decided

The Bundeskartellamt started investigations into the merger between big retail store chains Karstadt and Kaufhof just in October and announced the investigations were expected to be complicated and long. Given the parties’ arguments in favour of the merger as counter-measure to pressures from online retail, we suspected here that this merger might turn out the perfect opportunity for the authority […]

The Karstadt – Kaufhof merger

The Karstadt – Kaufhof merger

The two big department store chains’ plans to merge have gone through quite a bit of up-and-down over the summer. The potential merger had been criticised for several reasons, such as job losses or pay cuts for employees. While it first seemed that the merger would fall through, mainly because of financial issues the Kaufhof owner, Hudson’s Bay Company, experienced, […]

Innovation in EU merger control

Innovation in EU merger control

The Commission’s assessment of the effects of mergers on innovation has fascinated scholars and practitioners for the last two years or so. On 12 April 2018, the Commission’s Deputy Director General for Mergers Carles Esteva Mosso comprehensively addressed the issue at the Spring Meeting of the ABA Section of Antitrust Law. This blogpost traces earlier developments and gleans new insights […]

When the industry strikes back- UPS claims 1.7 billion Euro for the blocked merger with TNT

When the industry strikes back- UPS claims 1.7 billion Euro for the blocked merger with TNT

The recent fines imposed by the Commission on companies have made headlines quite a few times since the beginning of 2018. This growing press coverage is undeniably linked to size of the fines as well as the parties on whom these were imposed. However while the Commission was busy fining companies for their anticompetitive behavior, United Parcel Services (UPS) decided […]

2017:756  KPN BV v European Commission

2017:756 KPN BV v European Commission

Court General Court Date of ruling 26 October 2017 Case name (short version) KPN BV v European Commission Case Citation T-394/15 P ECLI:EU:T:2017:756 Key words Competition — Concentrations — Netherlands market for television services and telecommunications services — Decision declaring the concentration compatible with the internal market and the EEA Agreement — Commitments — Duty to state reasons — Relevant […]