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EU foreign direct investment screening: lessons learnt after a year in motion

In its First Annual Report on the EU Foreign Direct Investment (FDI) Screening Regulation and Member States’ individual screening mechanisms, the European Commission takes stock of the first year of implementation of the new...more

Kartellrechts-Radar Herbst 2021

Fokus Wettbewerbspolitik Es grünt so grün – Kommission stellt Überlegungen zu ESG-Kooperationen von Wettbewerbern vor Die Kommission hat kürzlich einen neuen „Competition Policy Brief“ veröffentlicht, begleitet von einer...more

[Webinar] Navigating new challenges of cross-border merger reviews - September 30th, 12:00 pm - 1:00 pm EDT

Join the Hogan Lovells Antitrust and Competition team on Thursday, September 30, 2021 where we will discuss the new challenges of cross-border merger reviews, including heightened scrutiny across a number of regimes. -...more

Kartellrechts-Radar Sommer 2021

Reform Vertikal-GVO – Kommission legt Entwürfe der neuen Vertikal-GVO und Vertikalleitlinien vor Die aktuelle Vertikal-GVO läuft zum 31. Mai 2022 aus. Die Europäische Kommission („Kommission“) hat nun den Entwurf der...more

Kartellrechts-Radar Frühling 2021

Mit unserem Kartellrechts-Radar geben wir Ihnen ein verständliches, auf den Punkt gebrachtes Update an die Hand, damit Sie schnell gut informiert sind. In unserer Frühlings-Ausgabe haben wir folgende Themen aufgegriffen...more

New Rules: German government passes far-reaching expansion of foreign investment control

Regulators are becoming increasingly active in imposing measures on deals or prohibiting them altogether under FDI rules – with prohibitions happening in the EU’s largest economies Germany, France, and Italy in the past...more

Kartellrechts-Radar Winter 2020/2021

Überblick über die wesentlichen Neuerungen durch die 10. GWB-Novelle Am 19. Januar 2021 sind die Änderungen der 10. GWB-Novelle in Kraft getreten. Die als „GWBDigitalisierungsgesetz“ bezeichnete Novelle bringt im Wesentlichen...more

MORE, MORE, MORE! German government plans another far-reaching expansion of foreign investment control

Foreign investment control has become a key factor in M&A deals and 2020 was a particularly eventful year. A large number of countries have recently introduced foreign investment control regimes (or tightened their existing...more

"Less is more" – Germany eases merger control requirements

On 14 January, the German Parliament passed far-reaching amendments of German antitrust law, the Act against Restraints of Competition (ARC), which also affect merger control. The amendment, also known as the "German...more

This time's for real: German government prohibits acquisition of a tech company by a Chinese acquirer

Foreign investment control has become a key factor in M&A deals and 2020 has been an eventful year. A large number of economies have introduced foreign investment control regimes or tightened their existing rules....more

Kartellrechts-Radar Herbst 2020

New Competition Tool und „Digital Markets Act“ – Entwicklung weiterhin im Fluss - Ein neues Werkzeug zur Bekämpfung von Risiken für den Wettbewerb („New Competition Tool“ / „NCT“, Hogan Lovells berichtete bereits in einem...more

At last the EU foreign direct investment screening becomes fully applicable

The long-awaited application of the European Union (EU) Regulation on a framework for the screening of foreign direct investment (FDI) in the EU started yesterday, 11 October 2020. It is still early days to anticipate how the...more

Is national security a game changer for European foreign investment reviews and M&A transactions?

Governments all over the world are continuing to take steps to strengthen their powers to intervene in foreign direct investments ("FDI") into their countries. These changes come at a time of increased scrutiny of foreign...more

Next steps towards tighter German Foreign Investment Control rules passed

For M&A transactions in Germany and beyond, Foreign Investment Control screenings have become an indispensable standard element to assess when structuring deals and planning for regulatory review. Similarly to merger control,...more

State aid rules applicable to COVID-19 recapitalizations

The first State aid measures authorized by the European Commission (Commission) following the COVID-19 outbreak were aimed at helping companies to cover their immediate liquidity needs, mainly through bank loans guaranteed by...more

New Boundaries for the Infrastructure M&A sector: German government approves draft regulation aimed at the further tightening of...

The overall ongoing trend in major Western economies of tightening Foreign Investment Control is not being overlooked in Europe. As these new measures also particularly affect disposals and acquisitions of German "critical...more

Acquisition of businesses in financial difficulty as a result of COVID-19: Do buyers still need to wait for prior...

In the wake of the COVID-19 crisis, many companies will be facing significant financial difficulties for which the only viable solution to remain a going concern will be acquisition by another company. It is safe to predict...more

EU merger control in times of COVID-19

The current COVID-19 pandemic is posing unprecedented challenges on our public health systems and communities. It is also heavily impacting economic activity, including for companies in the midst of M&A or joint venture...more

Europe doubling down on foreign takeovers amid COVID-19 crisis

The disruption linked to COVID-19 already affects the global economy significantly, including M&A transactions in Europe and across the globe. On the regulatory side, many deals face challenges caused by national authorities'...more

The EU and various member states measures on Personal Protective Equipment in response to the COVID-19 outbreak

In response to the global outbreak of the COVID-19 virus, the EU and various member states have taken measures to ensure continuity of supply of personal protective equipment (PPE) and address shortages of healthcare...more

Antitrust, Competition, and Economic Regulation Quarterly Newsletter - Winter 2020

Dutch competition authority imposes fine on company for deleted chat messages during a dawn raid - The Dutch competition authority (“ACM“) recently confirmed that the obligation to cooperate fully with an inspection/during...more

EU Commission adopts Temporary Framework for State aid to support the economy in the current COVID-19 outbreak and approves...

The COVID-19 pandemic has hit the European economy with brute force. Many businesses are facing drastic declines in revenues and are in urgent need of liquidity. Some have imposed temporary lay-offs or even face insolvency. ...more

COVID-19: State aid available now!

European Commission approves first State aid measure in relation to the COVID-19 outbreak and announces a flexible application of State aid rules to stabilize the economy Probably everyone would agree that the COVID-19...more

Industrial policy strikes again: Germany announces further tightening of Foreign Investment Control rules

For M&A transactions in Germany and beyond, Foreign Investment Control screenings have become an indispensable standard element to assess when structuring deals and planning for regulatory review. Similarly to merger control,...more

Antitrust, Competition, and Economic Regulation Quarterly Newsletter - Autumn 2019

Read the latest news on antitrust, competition and economic regulation (ACER) in this Autumn's edition of our quarterly ACER newsletter. Algorithms in the spotlight of antitrust authorities - Joint study by the...more

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