Focus Antitrust - 6 February 2019
In The News
European Commission prohibits Siemens' proposed acquisition of Alstom
The European Commission has prohibited Siemens' proposed acquisition of Alstom. The Commission was concerned that the merger would have harmed competition in markets for railway signalling systems and very high-speed trains and concluded that remedies offered by the parties were insufficient to address its concerns. Click here.
European Commission prohibits Wieland's proposed acquisition of Aurubis Rolled Products and Schwermetall
The European Commission has prohibited Wieland's proposed acquisition of Aurubis Rolled Products and Aurubis' stake in Schwermetall. The Commission was concerned that the merger would reduce competition and increase prices for rolled copper products used by European manufacturers. Click here.
European Commission issues statement of objections in relation to European government bonds cartel
The European Commission has informed eight banks of its preliminary view that they have breached the prohibition on anti-competitive agreements by colluding, in periods from 2007 to 2012, to distort competition when acquiring and trading European government bonds. Click here.
Articles 101 and 102
The European Commission has launched a public consultation as part of its review of the vertical agreements block exemption. Click here.
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News & Insights
Charles Russell Speechlys advised AIM listed Prime People plc on its capital reduction and return of capital to shareholders
Charles Russell Speechlys advised AIM-listed client on a reduction of capital and the subsequent return of capital to shareholders.