GCR October 2010
Journal Feature
The development of UK jurisprudence on hub-and-spoke cartels
Nicholas Levy and Ruchit Patel of Cleary Gottlieb Steen & Hamilton LLP explore recent developments in UK jurisprudence concerning "hub-and-spoke" cartels
Whishful thinking
Heralded as the professor who brought competition law to the masses, Richard Whish’s remarkable career spans academic, public and commercial institutions the world over. Rachel Bull meets him in London to find out more about his story
First antitrust settlements reached with European Commission
The European Commission has handed down its decisions in the first two cases under the new settlement procedure. Clive Stanbrook QC of McDermott Will & Emery in Brussels represented parties in both cases, securing a 10 per cent reduction in fines and achieving a “common understanding” with the commission. He and partner Wilko van Weert discuss the role of the new settlement procedure
Competition comes to Hong Kong
Hong Kong is poised to enact its first comprehensive competition law. Emily Gray looks at the challenges of building an effective enforcement structure in a jurisdiction celebrated as the last bastion of free enterprise
Country Survey: Australia
The evolution of the ACCC
Over the past five years, Australia’s government has instituted sweeping changes to its competition law, bringing it in line with the leading competition and antitrust jurisdictions in the world. The head of Australia’s Competition and Consumer Commission, Graeme Samuel, has worked quietly behind the scenes – and occasionally in the public spotlight –- to ensure they happened. Ron Knox looks back at Samuel’s tenure, and the changes he’s overseen
An interview with Graeme Samuel
With one year left in his tenure as head of Australia’s Competition and Consumer Commission, Graeme Samuel has overseen some of the most notable changes in the history of the agency, including 2007’s introduction of stiffer civil penalties, 2009’s criminalisation of cartel activity, and significant changes to the country’s consumer protection laws. Ron Knox asks him about how those changes – and recent turnover at the commission – have affected the agency
Australia's competition bar
In the ever-changing Australian competition landscape, it takes a nimble law firm to keep up. Ron Knox looks at the competition practices forging ahead
Country Survey: Latvia
Cutting it
Latvia’s Competition Authority has a struggle on its hands: government enthusiasm has dried up since the financial crisis crippled the country and the enforcement agency has suffered serious cuts. But it still manages to pack a punch – Rosalind Donald investigates
Latvia’s competition bar
Since the global financial crisis struck in 2008, Latvia’s GDP has fallen further than any of its European counterparts. M&A has been almost non-existent and the country’s Competition Council has been forced to downsize. For many smaller Latvian competition practices, work has all but dried up. Rosalind Donald investigates the firms that are managing to succeed in straitened times
An interview with Ieva Jaunzeme
Rosalind Donald talks to Ieva Jaunzeme, head of Latvia’s Competition Council, about the authority’s shift towards an economics-based approach to case analysis and the challenges of heading a competition authority hit by severe spending cuts
An interview with Dace Rungevica
Rosalind Donald talks to Dace Rungevica, council member and lawyer for Latvia’s Competition Council
Country Survey: Australia
An interview with Graeme Samuel
With one year left in his tenure as head of Australia’s Competition and Consumer Commission, Graeme Samuel has overseen some of the most notable changes in the history of the agency, including 2007’s introduction of stiffer civil penalties, 2009’s criminalisation of cartel activity, and significant changes to the country’s consumer protection laws. Ron Knox asks him about how those changes – and recent turnover at the commission – have affected the agency
Corporate Counsel
Corporate counsel interview: Susan Jones
Title: Head corporate legal antitrust
Age: 35
Company: Novartis International AG
Previous employment: Senior associate in European & Competition Law at Allen & Overy LLP in Brussels and senior investigator at the Australian Competition & Consumer Commission
Global Briefing
DENMARK: Supreme Court rules on fines for competition law infringement for the first time
Jan-Erik Svensson
Gorrissen Federspiel
Copenhagen
FINLAND: Electricity wholesale market confirmed to be broader than Finland
Christian Wik and Niko Hukkinen
Roschier Attorneys Ltd
Helsinki
ITALY: Italian Antitrust Authority accepts Sky Italia’s commitments
Giorgio Candeloro
Freshfields Bruckhaus Deringer
Rome
ITALY: Italian Antitrust Authority closes dominance investigation against Saint-Gobain in the plasterboard market
Alessandro Greco
Freshfields Bruckhaus Deringer
Rome
KOREA: KFTC establishes “Guidelines on Submission of Economic Analysis Evidence”
Dong-Pyo Hong and Youngjin Jung
Kim & Chang
Seoul
SOUTH AFRICA: Merger between Nedbank Ltd and Imperial Bank Ltd
Desmond Rudman and Lital Avivi
Webber Wetzel
Johannesburg
SOUTH AFRICA: Competition Commission refers price-fixing complaint against tyre manufacturers
Robert Wilson and Heather Mangwiro
Webber Wetzel
Johannesburg
SPAIN: Competition Authority fines nine Jerez winemakers, Fedejerez and the local authority for the Jerez designation of origin
Evelyne Ameye and Teresa Lorca Morales
Gómez-Acebo & Pombo Abogados
Madrid
TAIWAN: Clearance granted to merger among Far EasTone and nine companies with conditions
Stephen C Wu and Yvonne Y Hsieh
Lee and Li, Attorneys-at-Law
Taipei
TAIWAN: Rejection of combination between Uni-president and Weilih
Stephen C Wu and Yvonne Y Hsieh
Lee and Li, Attorneys-at-Law
Taipei
UKRAINE: Foreign-to-foreign transactions: to file or not to file?
Timur Bondaryev and Svitlana Ivasenko
Arzinger
Kiev



