Just two years into the implementation of the EU Foreign Subsidies Regulation (FSR), financial institutions are already experiencing its significant impact. The Regulation’s broad scope, extensive data collection requirements...more
In yet another twist in the Illumina/Grail saga, Advocate General Emiliou has challenged the European Commission's approach to calling-in certain non-reportable transactions for review. The final judgment will be delivered by...more
The EU Foreign Subsidies Regulation took effect on 12 July 2023 to much fanfare. We take a look at the top five things PE funds need to know when considering acquisitions with a European footprint.
The Foreign Subsidies...more
The adopted FSR Implementing Regulation contains important changes compared to the draft published in February 2023. The focus of the FSR filings for M&A deals and public tenders in the EU will be on companies' foreign...more
In 2022, the French Competition Authority (the "FCA") maintained a high level of activity, focusing notably on digital markets, which remain one of its key priorities. Last year also brought the first successful failing firm...more
The French Competition Authority ("FCA") has unconditionally authorized the acquisition of furniture retailer Conforama by Mobilux under the failing firm defence ("FFD").
On 8 July 2019, Mobilux group ("Mobilux")...more
The French Competition Authority ("FCA") fines a company for gun-jumping in a case relating to a progressive takeover and de facto control -
On 12 April 2022, the FCA fined the Compagnie Financière Européenne de Prises de...more
4/28/2022
/ Acquisitions ,
Competition ,
EU ,
European Commission ,
Failure to Notify ,
Fines ,
France ,
French Competition Authority ,
Gun-Jumping ,
Merger Controls ,
Mergers ,
Takeovers
In the midst of the Homeric battle between Veolia and its takeover target, Suez, the European Commission rejects Suez's gun-jumping claim and provides further clarifications on the scope of the exemption to the standstill...more
At a time when the European Union and many Member States have just unveiled their hydrogen strategy, the French Competition Authority takes the lead in delivering the very first analysis of the emerging hydrogen sector in a...more
2/12/2021
/ Acquisitions ,
Competition ,
Electricity ,
Energy Sector ,
EU ,
European Commission ,
France ,
French Competition Authority ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Merger Controls ,
Mergers ,
Renewable Energy