In a case that has put antitrust law on the front pages, the European Commission (EC) has fined Google a record €4.34bn for breaching competition rules after Clifford Chance (CC)’s client FairSearch triggered a long-running investigation.
Cleary Gottlieb Steen & Hamilton and Allen & Overy (A&O) were on the losing side as the EC found Google had illegally required manufacturers of smartphones running its Android operating system to pre-install its internet browsing and search engine apps. Continue reading “CC wins out as Google’s record fine in landmark antitrust case heralds new era”
Business transactions regularly require a careful analysis from a competition law point of view. We at Prager Dreifuss have excellent expertise in advising and representing companies – small and large, local and global – as well as public entities in all aspects of competition law. With profound knowledge of Swiss and EU competition law, we regularly advise clients before the Swiss competition authorities, and frequently collaborate with foreign law firms in multi-jurisdictional cartel and merger proceedings, be it as team members or co-ordinators of international teams. Public procurement and state aid law also belong to our preferred areas of practice. Continue reading “Practice Area Spotlight: Competition and regulatory – leading experts and high-profile cases”
Google illegally favoured own online shopping comparison service, demoting rivals
On 27 June, the European Commission (EC) fined Google a record €2.4bn for abuse of dominance in online shopping comparison search, paving the way for a raft of damages claims.
Continue reading “Cleary, CC and Covington lead as EC fines Google €2.4bn for online shopping abuse of dominance”
The European Commission’s (EC) probe of Google’s online shopping practices is reported to be closing in coming months with a potential €1bn (£875m) fine, in a case in which Clifford Chance (CC), Cleary Gottlieb Steen & Hamilton and Covington & Burling all act.
Continue reading “Cleary defends Google in face of potential €1bn EC antitrust shopping market abuse fine”
Humphries Kerstetter has launched a series of new £300m competition damages claims against MasterCard and Visa, on behalf of a group of 27 UK high street companies including betting firms, online retailers and a major supermarket.
Continue reading “‘Fundamentally different’: MasterCard and Visa to face new £300m UK retailers’ interchange fee claims”
After a management shake-up at its IT consultancy arm, Bird & Bird has shelved its intellectual property and trademarks spin-off, just two years after launch and after almost 50% the partnership put capital into the business. Continue reading “Buy-back: Bird & Bird shelves trademark and IP consultancy spin-off”
As part of an ongoing restructure, the Competition and Markets Authority (CMA) has made three key appointments to its legal team with hires from Freshfields Bruckhaus Deringer and Hogan Lovells.
Continue reading “CMA plucks from Freshfields and Hogan Lovells in ongoing restructure”
City law firms are supporting an investigation into the future of the UK’s position in the Unitary Patent Court (UPC) post-Brexit with Simmons & Simmons instructing Brick Court on the matter.
Continue reading “Simmons instructs Brick Court to advise on future of EU patent court”
New legislation and a tougher outlook from regulators has competition partners salivating, but the old guard maintain their dominance in the City. Can the rise of US players extend to antitrust practices?
Having long been viewed as stable, the UK’s competition law agenda has been shaken up significantly over the last 12 months, with the Competition and Markets Authority (CMA)’s public attack on the proposed merger of mobile networks O2 and Three last month the clearest example yet. In an unprecedented move CMA chief executive Alex Chisholm published a letter to the European Commission, which is assessing the deal, stating that the £10.25bn purchase of O2 by Three owner Hutchison would cause ‘long-term damage to the UK telecoms market’.
Continue reading “Less bark, more bite – competition to the fore as tougher enforcement arrives”