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The Supreme Court has ruled that the CMA took the correct approach in assessing whether Eurotunnel’s acquisition of three ferries and related assets formerly owned by SeaFrance should be treated as a merger under the UK merger control rules. Click here.
The European Commission has adopted a decision that renders legally binding the commitments offered by Bulgarian Energy Holding (BEH) in relation to Bulgaria's wholesale electricity market. The Commission had concerns that BEH may have abused its dominant position on the market for the wholesale supply of electricity at freely negotiated prices.
In particular, the Commission investigated clauses in electricity supply contracts concluded between BEH's production subsidiaries and third parties, such as traders, that impose restrictions on where these third parties could resell the electricity bought from BEH.
To address the Commission's concerns, BEH has committed to offer certain volumes of electricity on an independently-operated day-ahead market on a newly-created power exchange in Bulgaria. Click here.
The CMA is investigating suspected anti-competitive arrangements in the residential estate agency sector that it considers may infringe Chapter I of the Competition Act 1998.
The investigation has been launched on the basis of information received after compliance work undertaken following the CMA’s previous investigation into the advertising of fees in the estate and letting agency sector. Click here.
The CMA has opened an investigation into a suspected breach of competition law in the leisure sector under Chapter I of the Competition Act 1998. The CMA has not given any further details about the investigation. Click here.
For more information please contact Paul Stone on +44 (0)20 7203 5110 or at email@example.com