Vertical agreements – a hot topic in Asian competition law enforcement

On 22 February 2013, two provincial branches of National Development and Reform Commission of the People’s Republic of China (“NDRC“) (Guizhou Price Bureau and Sichuan NDRC) officially announced that two well-known manufacturers of premium Chinese liquor were fined RMB 247 million (~£26 million) and RMB 202 million (~£21 million) respectively for resale price maintenance (“RPM“). … Read more

Warning to companies of the Importance of compliance with EU merger control filing requirements: EU General Court upholds €20 Million fine imposed on Electrabel

On 12 December 2012 the EU General Court dismissed Electrabel’s appeal against the €20 million fine the European Commission had imposed on it for failing to notify a transaction – the acquisition of a minority shareholding – to the Commission under the EU Merger Regulation (EUMR) and completing the deal without prior clearance from the … Read more