GCR March 2007
Under investigation: Private equity and antitrust
Journal Feature
Under the microscope
James Clasper examines the informal antitrust probe launched into private-equity deals in the United States and asks whether the investigation will ever migrate to Europe
Emerging limits on LePage's
David Giardina, partner at Sidley Austin LLP in Chicago, discusses developments in the law of bundled pricing
Clear skies
Roger Fones, partner, and Jonathan Linde, associate, at Morrison & Foerster LLP in Washington, DC, explain why airline alliance benefits are achievable without antitrust immunity
Does the US foster national champions? Foreign acquisitions and national security
Ilene Knable Gotts, partner at Wachtell Lipton Rosen & Katz in New York, and Leon Greenfield, partner at WilmerHale in Washington DC, explain what every lawyer needs to know about non-competition barriers to foreign acquisitions of US targets
Country Survey: Argentina
An interview with Jose Sbattella
José Sbattella is chairman of Argentina’s competition agency. David Vascot talked to him about the challenges he faces and his thoughts on the recent OECD peer review
Defenders of the faith
These are difficult times to be a competition lawyer in Argentina, writes David Vascott. But a handful of lawyers are working hard to change that
Country Survey: Ireland
Ireland: country survey. The tipping point.
After the diehard evangelism of Ireland’s former competition chief, lawyers expect great things from his successor, Bill Prasifka. JULIUS CAVENDISH reports on his first year in office
An interview with Bill Prasifka
Ten months into his tenure as chairman of Ireland’s Competition Authority, Bill Prasifka should be ready to stamp his mark. He talks to JULIUS CAVENDISH
Celtic tigers
Irish competition lawyers are seeing their market boom as rapidly as any in Ireland. JULIUS CAVENDISH reviews the country’s leading competition practices
Country Survey: Argentina
Argentina: country survey
Government-imposed price controls, a fragile economy and an under-funded antitrust agency: Argentine competition appears to be floundering. David Vascott investigates
Corporate Counsel
Corporate Counsel
Community News
Heller Ehrman appoints London partner
Derek Morris joins consultancy
Wilson Sonsini boom continues
Latham poaches from Howrey in Brussels
Hammonds recruits from Freshfields
Del Chiaro hires ex-enforcer
Agencywatch
Irish enforcer leaps to its own defence
Germany unwinds adhesives merger
Bread cartel caught in South Africa
Behind the Headlines
Beer deal flummoxes Argentine watchdog
In late 2006, Argentina’s antitrust authority finally approved beer company Quilmes’s divestment proposals – bringing one of Argentina’s longest legal wrangles to an end. Will Brown spoke to the counsel on the deal to discover what caused the delays
Imperial Tobacco buys into US
Alcoa deal teams head for competition clash
Microsoft in settlement shock
Airtours II on the horizon?
"We were first in" says Hoechst
Global Briefing
Australia: major retailer fined for anti-competitive liquor deals
A hefty penalty recently imposed by the Federal Court may make firms think twice before blocking competitor activity
Austria: cartel court hits Europay with record fine
The Austrian cartel court has imposed its highest ever fine, punishing Europay Austria Zahlungsverkehrssysteme GmbH €5 million in December 2006
Canada: sector-specific competition legslation for telecoms industry
The Canadian government has proposed amendments to the Competition Act which will establish administrative monetary penalties for abuses of dominance in deregulated portions of the telecoms sector
Denmark: CVC's takeover of MATAS cleared with commitments
On 31 January 2007, Denmark’s Competition Authority approved capital group CVC’s takeover of Matas following commitments undertaken by the parties
EU: commission launches new leniency programme
The European Commission has finalised revised guidelines on immunity from fines and reduction of fines in cartel cases
Germany: court interprets merger control exemption rule broadly
The Düsseldorf Higher Regional Court has quashed the prohibition by the German Federal Cartel Office of the acquisition by Du Pont of Pedex & Co
India: parliament to debate amendments to competition act
In January 2007, the Indian parliament’s standing committee on finance made certain recommendations with respect to the Competition (Amendment) Bill 2006
Norway: Falck Danmark ordered to divest itself of Viking
Falck Danmark AS, a group of companies that offer technical assistance to car owners and businesses, has been told to sell a competitor it bought last year
Spain: company fined for abuse of dominant position in niche electricity market
Enel Viesgo Generación SL has been fined for abusing a dominant position in the Spanish electricity market by artificially raising the price of electricity supply
United Kingdom: CAT accepts OFT right to close investigations
The Office of Fair Trading was given an early Christmas present in December 2006 when the Competition Appeal Tribunal acknowledged its right to close a competition investigation on the ground that it was not an administrative priority
United States: court declares Bar/Bri course unlawful
The District Court for the Southern District of New York has held that the provision of integrated bar examination courses by a dominant course provider constituted a potentially unlawful tying arrangement



