GCR July 2007

Feeling the strain: Could direct settlements ease Europe's cartels backlog?

Country survey: Australia and Switzerland - Merger control and State aid - Japanese merger guidelines - Brussels roundtable: part II

Journal Feature

Feeling the strain

The European Commission has dished out record fines for cartel activity this year, prompting a slew of leniency applications. But with cases getting longer and appeals more common, something needs to be done to ease the system. David Vascot explains

When state aid and European merger review meet

Mathew Heim and Claudia Martinez Felix, of public affairs consultancy and think tank The Centre in Brussels, explore the issues that arise when the European Commission reviews state aid and mergers together

Japan in harmony

Akinori Uesugi, senior consultant at Freshfields Bruckhaus Deringer in Tokyo and former secretary general of Japan's Fair Trade Commission, explains how Japan's new merger guidelines complete its harmonisation with international best practices

Dealing with DG Comp - a roundtable

To mark GCR's 10th birthday last month, JAMES CLASPER invited leading antitrust lawyers to discuss the European Commission's competition directorate. They began by identifying what they would do if they were in charge of DG Comp

Country Survey: Australia

A boon for small business

Australia's competition commission recently received new powers to target misuse of market power and unconscionable conduct. HENRY ANDREAE examines whether the reforms were necessary or just an election-year sop to small businesses

The wizards of Oz

Thanks to a flurry of merger activity and the competition authority's increasingly effective cartel enforcement, Australia has a thriving antitrust scene. HENRY ANDREAE investigates

An interview with Graeme Samuel

Graeme Samuel is chairman of the Australian Competition and Consumer Commission. HENRY ANDREAE spoke to him about international cartel enforcement, Australia’s merger control regime and butting heads with Telstra

Country Survey: Switzerland

The soft touch

Switzerland's Competition Commission is failing to tackle cartels, despite evidence of widespread price-fixing. DAVID VASCOTT asks the country's competition lawyers what can be done

An interview with Walter Stoffel

Walter Stoffel is president of Switzerland’s Competition Commission. James Clasper caught up with him at this year’s International Competition Network meeting in Moscow, and asked him how successful the implementation of the country’s new cartel laws has been

The high-price island

Swiss competition lawyers have long had to cope with an unusual competitive environment. But competition law is evolving – as are Swiss law firms. DAVID VASCOTT investigates

Corporate Counsel

Corporate Counsel

Mette Valentin

Community News

Japan reappoints Takeshima

Kazuhiko Takeshima is to have a second five-year term as chairman of Japan's Fair Trade Commission.

Denton announces new competition head

Denton Wilde Sapte LLP has appointed a new head of competition, replacing Jonathan Tatten in London.

Torys scoops competition partner

Torys LLP has boosted its competition practice with a senior hire from McMillan Binch Mendelsohn LLP.

Howrey launches London practice with Lovells name

Howrey LLP has scooped a partner from Lovells LLP to head up its London competition group.

Agencywatch

Japanese panel targets recidivists

The Japanese government panel reviewing the Antimonopoly Act has released more details about possible changes.

FTC opposes health food tie-up

The US Federal Trade Commission is filing a lawsuit to block Whole Foods' merger with health food chain Wild Oats.

Enforcers turn to publicity in war on cartels

A senior European enforcement figure has admitted that DG Comp is releasing more information about price fixing cases.

Brazil extends leniency policy

The Brazilian government has enacted a new law permitting companies to enter into pleabargaining agreements with the country's competition watchdogs.

DG Comp announces merger consultation results

The European Commission has published its findings from a public consultation on non-horizontal merger guidelines.

NMa calls for better complaint processing

The Netherlands' Competition Authority has demanded better complaints-processing procedures for energy companies.

Brussels reacts to EU treaty surprise

European competition specialists are divided over moves by member states to drop their proposed commitment to open competition from the new European treaty.

Behind the Headlines

Commission clears Universal/BMG

The European Commission has approved Universal's bid for BMG's music publishing arm, subject to commitments.

Chicago exchanges gain antitrust clearance

The US Department of Justice has cleared a merger between the Chicago Mercantile Exchange and the Chicago Board of Trade, after an in-depth investigation.

DG Comp clears travel tie-up

The European Commission has conditionally approved TUI's merger with First Choice Holidays.

DoJ attacks Monsanto deal

The US Department of Justice has ordered Monsanto and Delta & Pine Land to divest a clutch of major assets if they want to proceed with their US$1.5 billion merger.

Rival air businesses unite

Germany's MAHLE Group is acquiring a rival air filtration business from Siemens VDO. Jones Day scooped the lead role in the worldwide merger filings.

Global Briefing

Australia: New 'oilcode' comes into force

Following six years of development, the Australian government has delivered a new regulatory framework for the petroleum sector

Belgium: competitors challenge abolition of conditions imposed on cinema group

The Belgian Federation of Cinemas and several individual cinemas have appealed against a decision of the Competition Council to abolish conditions imposed on the Kinepolis Group 

China: Groupe SEB gets green light to acquire Supor

Despite objections raised by Chinese cookware companies, and after eight months of scrutiny and deliberation, the Ministry of Commerce (MOFCOM) has finally approved the acquisition of Zhejiang Supor Co by Groupe SEB

Singapore: Changes to law usher in new merger regime

A new merger regime under Singapore's Competition Act came into effect on 1 July 2007

Spain: Authorities recognise defence rights

Spanish competition authorities have recognised the defence rights of companies subject to informal antitrust investigations prior to the initiation of formal proceedings

Sweden: Newspaper loses dominance case

A free daily newspaper, Metro, has lost a predatory-pricing and bundling case in the Swedish Market Court 

Switzerland: comission clears building materials deal

The Competition Commission has granted phase I clearance to the acquisition of Gétaz Romang Holding by CRH Europe Holding

United Kingdom: OFT closes investigations because of lack of consumer harm

Two recent decisions by the Office of Fair Trading suggest that it will challenge allegedly abusive pricing schemes only if there is actual evidence of an anti-competitive effect

United States: Court announces proper standard for pleading an antitrust conspiracy

On 21 May, the US Supreme Court announced the proper standard for pleading an antitrust conspiracy in Bell Atlantic Corp v Twombly

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