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The cartel crackdown continues across EMEA, with levels of enforcement exceeding those witnessed immediately before the COVID-19 pandemic. Leading the way, the European Commission has conducted new dawn raid inspections in each of May, June and July. At the same time, the rules of the game have changed: the nature and scope of dawn raid … Read more
In our latest episode focusing on merger control in the EU and UK, Marcel Nuys (Partner, Dusseldorf), Francesca Morra (Partner, Milan), Peter Rowland (Of Counsel, Brussels) and Natalia Rodriguez (Of Counsel, London) explore key developments of interest to businesses engaged in M&A activity. They discuss updates to the European Commission’s substantive and procedural guidance in … Read more
On 23 March 2021, the Italian Competition Authority (Autorità Garante della Concorrenza e del Mercato, “ICA” or the “Authority”), in its consulting role for the Government in the context of the enactment of the annual competition law, issued a series of proposals for reforms. Read more
We are delighted to share with you the latest update of our report on Foreign Investment: Rising Tides of Politics in Regulation. This edition has been fully updated to reflect the tabling of the National Security and Investment Bill before the UK Parliament, which seeks to introduce a new distinct regime and standalone powers for … Read more
On 3 September 2020, the European Court of Justice (“ECJ”) issued its judgment in Vivendi SA v Autorità per le Garanzie nelle Comunicazioni (case C-719/18), ruling that the application by the Italian Government of national media plurality laws in relation to Vivendi’s acquisition of a minority equity interest in Mediaset was illegal and in breach … Read more
We are delighted to share with you our newly updated report on Foreign Investment: Rising Tides of Politics in Regulation, which reflects a swathe of recent changes to Foreign Direct Investment (FDI) regimes around the world against the backdrop of the Covid-19 pandemic. FDI filings have become an increasingly important piece of the regulatory jigsaw … Read more
Foreign investments in certain Italian strategic sectors are subject to the regime set out by Law Decree No. 21 of 15 March 2012, as subsequently amended in 2017 and 2019 (the “Golden Power Decree“). In particular, according to the Golden Power Decree, certain transactions and corporate resolutions in the defence and national security sectors, as … Read more
