European Commission fines Canon €28m for failure to properly notify a merger

The European Commission has fined Canon €28 million after finding that it had partially implemented an acquisition of Toshiba Medical Systems Corporation (“TMSC”) before merger control notification. The EU operates a compulsory notification system, meaning parties must notify the European Commission of plans to merge before the transaction is completed. In this scenario, TMSC had…

Food industry seeks competition law waiver for no-deal Brexit

The UK food industry has requested that it be granted a waiver from certain provisions of competition law in the event of a no-deal Brexit. Producers and distributors, including major supermarkets, are reported to have “repeatedly” asked the Government for a reprieve from rules which prevent collaborating on supply or pricing plans, in order to…

Tim Cowen and ResPublica raise questions over CMA’s Platforms and Digital Advertising Investigation

Preiskel & Co Partner, Tim Cowen, has co-authored a submission to the CMA regarding its Statement of Scope for its market study into online platforms and digital advertising. The submission raises some serious concerns regarding the CMA’s definition of the scope of its market study, and is a fascinating read. It can be found here.…

Interim measures sought by European Commission for first time in 18 years

The European Commission has announced a formal investigation into Broadcom, a US chipmaker, regarding alleged abuse of a dominant position in the markets for modem and television chipsets. In doing so, the European Commission has indicated that it intends to impose interim measures to restrain any exclusionary practices the chipmaker may be engaging in. This…

US launches antitrust probe into online platforms

The US Department of Justice has announced that it will be reviewing the practices employed by market-leading online platforms in terms of whether they create or maintain structural impediments to competition in the market. The announcement follows the launch of similar antitrust investigations by regulators around the world, targeting online platform giants such as Google…

Inmarsat takeover faces regulatory scrutiny in the UK

The UK Competition and Markets Authority (“CMA”) has opened an investigation into the proposed private equity consortium takeover of Inmarsat. Inmarsat is the UK headquartered leading global mobile satellite communications provider of connectivity to ships, aircraft, and generally to locations not covered by traditional mobile networks. Moreover, it is reported that the CMA has also…