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Category Archives: EU and Competition

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Meeting Your Competitors – Think Before You Speak!

By Hayley Pizzey On 19 December 2016 the Competition and Markets Authority (CMA) issued two competition law infringement decisions in its galvanised steel tanks investigation. Cylindrical galvanised steel tanks store water in large buildings and supply the water for fire sprinkler systems. The first decision relates to a cartel (the main cartel). The second decision … Continue Reading

Environment: The Year Ahead

By Paul Davies, Antonio Morales, Jörn Kassow, Joachim Grittmann and Cesare Milani The year ahead presents a series of challenges and opportunities for the development of environmental law across Europe. Notably, the Paris Agreement came into effect on 4 November 2016 and is now binding upon the signatory countries. The European signatory countries will therefore be … Continue Reading

U.S.-Style Leveraged Lending Guidance Comes to Europe

By Alan Avery, Christopher Kandel, Markus Krüger and Axel Schiemann On 23 November 2016, the European Central Bank (ECB) published its draft guidance to banks on leveraged lending, launching a public consultation period that runs until 27 January 2017. The draft guidance is very similar to leveraged lending guidance issued by the US federal banking agencies in … Continue Reading

UK CMA Announces Closure of Investigation into PCWs for Energy Tariffs

By John Colahan and Calum Warren On 6 October 2016, the UK Competition and Markets Authority (CMA) announced the closure of its investigation into a suspected competition law breach by some price comparison websites (PCWs) for energy tariffs on the grounds of administrative priorities. The suspected competition law breach related to certain paid online search … Continue Reading

Infrastructure Investors: Is Your State Aiding You?

By Elisabetta Righini Investment in the infrastructure that keeps Europe running smoothly continues to be a big theme in European private equity. In every sector, from energy to sport, from transport to broadband, governments are increasingly calling in the private sector to build and operate infrastructure assets. Indeed, spending on infrastructure received a boost in … Continue Reading

Cartel Damages Litigation – Three Judgments in the Air Cargo Litigation that will Re-Shape the Landscape

By Alexandra Luchian In 2010, the European Commission found that 11 airlines were culpable of price fixing[1]. The alleged cartel was said to have operated between 1999 and 2007. The Commission decision gave rise to a number of cartel damages actions, including proceedings in the English courts; the English proceedings are some of the largest … Continue Reading

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