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…

CMA fines Casio £3.7m

Following an investigation opened in April 2018, the Competition and Markets Authority (“CMA”) has issued a £3.7m fine against Casio Electronics for pressuring retailers to sell its digital pianos and keyboards at high minimum prices. The practice, known as Resale Price Maintenance, or “RPM”, is against competition law, The fine is the highest the CMA…

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…

UK government issues consultation on EECC implementation

The UK Government has issued a consultation on its plans to implement the European Electronic Communications Code (the “EECC”). The EECC is an EU Directive reforming the EU regulatory framework for telecommunications with the aim of encouraging more investment in telecommunications infrastructure. Despite the ongoing Brexit process, under current timeframes the UK will still be…