In The News

General Court orders EU to pay damages for excessive length of appeal proceedings

In the first case of its kind, the General Court has ordered the EU to pay more than €50 000 in damages to the companies Gascogne Sack Deutschland and Gascogne as a result of the excessive length of proceedings before the General Court in relation to appeals against the European Commission's industrial plastic bags cartel. Click here.

UK

CMA

• The CMA has announced that it considers that there are reasonable grounds for believing that undertakings in lieu offered by Menzies in relation to its acquisition of ASIG Holdings Limited might be accepted by the CMA. Click here.
• The CMA has found that Mastercard's acquisition of VocaLink gives rise to competition concerns in relation to the supply of infrastructure services to the LINK ATM network operating across the UK. The parties now have the opportunity to offer undertakings in lieu of a reference to a phase 2 investigation. Click here.

This article was written by Paul Stone. For more information, please contact Paul on +44 (0)20 7203 5110 or at paul.stone@crsblaw.com.