CC wins out as Google’s record fine in landmark antitrust case heralds new era

CC wins out as Google’s record fine in landmark antitrust case heralds new era

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”

Practice Area Spotlight: Competition and regulatory – leading experts and high-profile cases

Practice Area Spotlight: Competition and regulatory – leading experts and high-profile cases

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”

Cleary, CC and Covington lead as EC fines Google €2.4bn for online shopping abuse of dominance

Cleary, CC and Covington lead as EC fines Google €2.4bn for online shopping abuse of dominance

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”

Cleary defends Google in face of potential €1bn EC antitrust shopping market abuse fine

Cleary defends Google in face of potential €1bn EC antitrust shopping market abuse fine

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. 

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‘Fundamentally different’: MasterCard and Visa to face new £300m UK retailers’ interchange fee claims

‘Fundamentally different’: MasterCard and Visa to face new £300m UK retailers’ interchange fee claims

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”

Less bark, more bite – competition to the fore as tougher enforcement arrives

Less bark, more bite – competition to the fore as tougher enforcement arrives

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’.

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Legal training provider launches competition claim against Law Society

Legal training provider launches competition claim against Law Society

The Law Society, already fighting to recapture full control of education standards for lawyers from the Solicitors Regulation Authority (SRA), is facing a claim at the Competition Appeals Tribunal (CAT) over ‘an abuse of its dominant position’ that is allegedly ‘restricting competition’ of financial crime training in the UK.

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